AUS
NZ
UK
CA
USA
IND
Technology
.jpg)
Salesforce, HP Inc: Trending Tech Stocks on Friday
May 28, 2021 08:33 PM PDT| By Kiran MuraliSummary Salesforce expects fiscal 2022 revenue to grow approximately 22 percent. HP said it currently does not have enough supply currently to keep up with the demand. Salesforce (NYSE: CRM) stock jumped up to 7.8 percent on Friday’s.....
Blackberry, McAfee, Fortinet: 3 Hot Cyber-Security Stocks
May 28, 2021 11:43 AM PDT| By Team Kalkine MediaSummary Blackberry collected revenue of US$893 million during the FY2021 ended in February. McAfee’s net revenue climbed 25% to US$442 million in Q1. Fortinet clocked net income of US$107.2 million at the end of the March quarter. C.....
Why Did LIZHI Stock Plunge More Than 6% Thursday?
May 27, 2021 05:37 PM PDT| By Team Kalkine MediaSummary The stock of audio entertainment company gained 72% YTD. LIZHI to announce first-quarter results on June 1, 2021. Lizhi collected revenue of US$229.8 million in the fiscal year 2020. The stock of LIzhi Inc. (NASDAQ: LIZI) fell 6.2.....
Twitter, Facebook, & SNAP: 3 Social Media Stocks On A Gaining Spree
May 27, 2021 10:15 AM PDT| By Team Kalkine MediaSummary Twitter’s revenue surged 19% to US$556 million in Q1 of 2021. Facebook reported US$9.49 billion in net income in Q1, an increase of 94% YoY. Snapchat saw 66% growth in revenue YoY to US$770 million in Q1. .....
NVIDIA’s Q1 Revenue Up 84%; Snowflake Lifts FY’21 Outlook
May 26, 2021 05:23 PM PDT| By Kiran MuraliSummary NVIDIA’s revenue from the gaming segment jumped 106 percent. Snowflake expects its product revenue to be around US$235 in Q2. NVIDIA Corporation (NASDAQ: NVDA) posted an 84 percent year-over-year growth in its fiscal first-qu.....
Apple & Tesla: Two Tech Heavyweights To Watch
May 26, 2021 11:08 AM PDT| By Team Kalkine MediaSummary Apple Inc. became the world’s largest company by revenue in 2020 after netting US$274.5 billion in returns. It was valued at US$2 trillion. Tesla’s market cap of US$597 billion is higher than that of General Motors and Ford .....
Why Is Palantir Stock On Investors’ Radar?
May 25, 2021 03:00 PM PDT| By Team Kalkine MediaSummary Palantir’s revenue jumped 49% YoY to US$341Mn in the March quarter of 2021. Its non-government segment contributed US$133 million, or a 19% YoY growth. Palantir’s latest product Apollo for Edge AI was launched in April. .....
3 Quantum Computing Stocks To Explore: Amazon, IBM, AMD
May 24, 2021 04:39 PM PDT| By Kiran MuraliSummary IBM stock price has grown 15 percent year to date. Amazon’s stock declined 2 percent this year. Shares of Intel are up 12 percent year to date. Quantum computing is no longer a theoretical concept. Quantum computing technolo.....
Tencent & JD.com: Two Chinese Stocks To Explore
May 24, 2021 12:34 PM PDT| By Team Kalkine MediaSummary The market capitalization of Tencent is around HK$5,646.71 billion. JD's net revenue for the first quarter of 2021 grew by almost 39%. Tencent's operating profit was around RMB2.8 billion (US$6.5billion), up 20% YoY. Many Chinese .....
Procore & Roblox: Two Technology Stocks To Watch
May 24, 2021 11:32 AM PDT| By Team Kalkine MediaSummary Procore, founded in 2003 in California, offers technology solutions to construction businesses. Procore also has few competitors in the market, which include Autodesk and Oracle. The lockdown period had been a boon for Roblox as more c.....
Trade Desk Stock Gains 10% After 10-for-1 Stock Split
May 21, 2021 08:07 PM PDT| By Team Kalkine MediaSummary Trade Desk provides a cloud-based self-service platform to advertisers who use its services to create, manage, and optimize their digital advertising. After the stock split, shareholders will receive nine additional shares for every on.....
Amazon, ASML, Trade Desk: 3 Tech Stocks On Investors' Radar
May 17, 2021 04:27 PM PDT| By Team Kalkine MediaSummary Amazon's profit tripled in Q1 ended March 31, 2021, from the year-ago period. Dutch firm ASML anticipates 30 percent revenue growth this year. California-based Trade Desk projects its second-quarter revenue to almost double. The N.....
What’s Next for Xiaomi After US Ban Revoked?
May 13, 2021 01:59 PM PDT| By Team Kalkine MediaSummary The recent lifting of the ban by the US Defence Department – a ruling that it had been waiting for some time - has raised the bar for its annual target. Consumer sentiments towards the company are likely to improve from the decisi.....
3 Technology Stocks To Explore On Wall Street
May 13, 2021 01:04 PM PDT| By Team Kalkine MediaTechnology was one of the best performing sectors in 2020. Yet, the NASDAQ 100 Index has been an underperformer to the S&P 500 year-to-date. Recent trends show that investors have turned their attention to stocks whose progress is typically li.....
Amazon Dodges US$300 Million EU Tax Order
May 12, 2021 04:23 PM PDT| By Team Kalkine MediaSummary European judges noted that the European Commission failed to show proof of preferential treatment to Amazon by Luxembourg. European Commissioner for Competition Margrethe Vestager had filed the tax evasion case against Amazon. In 2020,.....
Palantir’s Strong Q1 Topline Growth Drives Up Stock Price
May 11, 2021 11:34 AM PDT| By Team Kalkine MediaSummary The Denver-based data analytic company posted a topline growth of 49 percent. Palantir’s stock was trading at US$20.07, up 8.6 percent on Tuesday morning. For the second quarter, the company anticipates its revenue to increase 43.....
Why Fastly, Cognizant Stocks Are Declining Today?
May 06, 2021 12:09 PM PDT| By Team Kalkine MediaSummary Fastly announced CFO transition after reporting an increase in its first quarter loss. Cognizant’s first quarter net income soared to US$505 million from US$367 million in the year-ago period. Shares of Fastly, Inc. (NYSE: FS.....
Amazon’s Net Profit More Than Triples In Q1 As Revenue Hits US$100B
April 29, 2021 06:00 PM PDT| By Team Kalkine MediaAmazon.com, Inc.’s (NASDAQ: AMZN) net income has more than tripled in the first quarter of 2021, backed by strong revenue growth in e-commerce and cloud business, the company said in its earnings report on Thursday, April 29. The technology .....
Alphabet Shares Up 4.5% In Extended Trading On Strong Q1 Revenue Growth
April 27, 2021 04:41 PM PDT| By Team Kalkine MediaSummary Strong advertising revenue and cloud business fuelled a 34 percent year-over-year growth in first-quarter revenue. Alphabet’s net income more than doubled to US$17.93 billion from US$6.84 billion in the year-ago quarter. The Goog.....
Microsoft’s (NASDAQ:MSFT) Q3 Net Profit Up 44% On Cloud Growth
April 27, 2021 04:05 PM PDT| By Team Kalkine MediaSummary Microsoft’s total revenues rose 19% to US$41.7 billion, while its operating income jumped 31% to US$17 billion in the quarter ended March 31, 2021. Microsoft stocks (NASDAQ:MSFT) were trading flat at US$261.97 at 4:00 pm ET on Tue.....
