Stocks
2 US energy stocks with over 7% dividend yield
December 18, 2021 12:23 AM PST| By Versha JainHighlights MPLX LP (NYSE: MPLX) has a P/E ratio of 10.46 and its stock rose 32% YTD. The Energy Transfer LP (NYSE: ET) stock grew 38.67% YTD. The Energy Transfer LP (NYSE: ET) stock grew 38.67% YTD. The energy sector typically performs we.....
5 best US oil & gas stocks that returned over 100% in 2021
December 17, 2021 09:29 AM PST| By Versha JainOil prices started surging with the rising demand. The Federal Reserve’s upbeat outlook towards economic recovery boosted consumers' sentiments, and the investors are looking forward to ending this year on a high note. The US Energy Informat.....
Why is Kaixin Auto Holdings' (KXIN) stock trending?
December 17, 2021 08:53 AM PST| By Rupam RoyHighlights Bujia International Logistics Limited has agreed to order at least 10,000 energy new trucks from Kaixin. The agreement deal values around US$500 million. Kaixin stock was up over 36% on Thursday, December 16. The shares of Kaix.....
Why did Rivian Automotive (RIVN) crash in pre-market trading?
December 17, 2021 07:44 AM PST| By Rupam RoyHighlights Rivian made its debut on the US market in November, raising US$12 billion. The firm will build its new manufacturing facility in Georgia. The construction of the EV plant would cost about US$5 billion. The stocks of Rivian Auto.....
Top 5 US space stocks to explore in 2022
December 17, 2021 06:24 AM PST| By Rupam RoyHighlights Howmet Aerospace Inc. (NYSE: HWM) expects its Q4, FY21, revenue to be between US$1.295 billion and US$1.325 billion. Raytheon Technologies Corporation (NYSE: RTX) projected its net sales to be around US$64.5 billion in fiscal 2.....
Stem Inc’s (STEM) stock gains on AlsoEnergy acquisition for US$695M
December 16, 2021 10:19 AM PST| By Versha JainHighlights Stem, Inc. (NYSE: STEM) announced Thursday it was acquiring AlsoEnergy Holdings Inc. for an aggregate value of US$695 million. The agreement is for a cash and stock transaction where 75% of the total consideration will be in cash and.....
Why is Calliditas Therapeutics’ (CALT) stock rallying in pre-market?
December 16, 2021 09:46 AM PST| By Rupam RoyThe stocks of Calliditas Therapeutics AB (NASDAQ: CALT) were trending on Wall Street Thursday, a day after the US Food and Drug Administration (FDA) approved its delayed-release capsules, TARPEYO (budesonide). The stocks of the company were up over.....
Top 5 US retail stocks to watch amid holiday shopping season
December 16, 2021 07:14 AM PST| By Rupam RoyHighlights Amazon expects its Q4, FY21 net sales to be between US$130 billion and US$140 billion. Lowe's expects its full fiscal 2021 sales to be about US$95 billion. US retail sales surged 0.3% in November, after increasing 1.8% in October. .....
CMC Materials (CCMP) stock soars 26% on Entegris (ENTG) acquisition
December 15, 2021 09:50 AM PST| By Versha JainHighlights CMC Materials, Inc.’s (NASDAQ: CCMP) stock soared 25.59% Wednesday, December 15. Entegris, Inc. (NASDAQ: ENTG) will acquire CMC Materials under a definitive merger agreement for an enterprise value of US$6.5 billion, appro.....
Ocugen Inc (OCGN): Why is Covaxin developer’s stock up in pre-market?
December 15, 2021 07:49 AM PST| By Rupam RoyHighlights Data showed that Ocugen's vaccine candidate, Covaxin, provides a strong immune memory against the virus. The OCGN stock was up over 5% in pre-market trading Wednesday, December 15. The OCGN stock gave a return of over 56% year-to-da.....
Why Allbirds Inc’s (BIRD) stock trending? Footwear firm sees 18% hike
December 15, 2021 07:17 AM PST| By Rupam RoyHighlights Allbirds designs and manufactures eco-friendly footwear and apparel. The BIRD stock was up 17.59% from its previous close. Allbirds and Adidas have joined forces. The stocks of Allbirds, Inc. (NASDAQ: BIRD) gained attention fro.....
Genenta Science IPO: GNTA stock set to debut on NASDAQ
December 15, 2021 07:11 AM PST| By Versha JainHighlights Genenta Science S.p.A. is expected to list on NASDAQ under the ticker symbol GNTA on December 15. The company upsized its offering to 2.4 million American Depositary Shares (ADS), representing one ordinary share each. The is.....
Top 5 US bank stocks to watch amid Fed’s tapering of asset purchases
December 15, 2021 05:44 AM PST| By Rupam RoyHighlights Bank of America Corporation (NYSE: BAC) will report its Q4, FY21 results on January 19, 2022. The stock value of U.S. Bancorp (NYSE: USB) surged over 24% year-to-date. Comerica Incorporated (NYSE: CMA) will report its Q4, FY21.....
Top 5 US Lithium stocks to watch in 2022
December 14, 2021 11:12 AM PST| By Versha JainHighlights Lithium is used in batteries of consumer electronics, smartphones, tablets, electric vehicles, etc. The metal’s extraction needs permission at various levels. With high electric vehicle demand, Lithium may remain in demand too.....
Terminix Global Holdings: Why is pest control firm’s TMX stock soaring?
December 14, 2021 10:00 AM PST| By Rupam RoyHighlights Rentokil has agreed to acquire Terminix. The deal values Terminix around US$6.7 billion. The enlarged firm will trade on the London Stock Exchange (LSE) and the New York Stock Exchange (NYSE). The stocks of Terminix Global Hold.....
Why is Galera Therapeutics' stock soaring? GRTX up over 150%
December 14, 2021 09:24 AM PST| By Versha JainHighlights Galera Therapeutics, Inc.’s stock jumped more than 150% in Tuesday's pre-market session. The company provided an update about its therapeutic avasopasem. The stock has declined 86.51% year-to-date. The Galera Therapeutics.....
Why is Truist Financial Corporation’s (NYSE:TFC) stock falling?
December 14, 2021 06:57 AM PST| By Versha JainHighlights Truist Financial Corporation’s (NYSE:TFC) stock was down 2.34%. The stock has a P/E ratio of 13.68 and a dividend yield of 3.23%. TFC stock grew 22.93% YTD. The Truist Financial Corporation (NYSE: TFC) stock is.....
Why is SeaChange International’s stock rallying? SEAC jumps 128%
December 14, 2021 06:25 AM PST| By Rupam RoyHighlights SeaChange International’s stock jumped over 128% Monday, December 13. It will report its third-quarter fiscal 2022 results December 14, after the market close. The SEAC stock gained over 27% YTD. The stocks of SeaChange I.....
5 US real estate stocks to watch in 2022
December 14, 2021 05:55 AM PST| By Rupam RoyHighlights The stock value of Prologis, Inc. (NYSE: PLD) jumped over 67% year-to-date. The net revenue of CBRE Group Inc. (NYSE: CBRE) rose over 28% year-over-year in Q3, FY21. AvalonBay Communities, Inc. (NYSE: AVB) expects its Q4, FY21.....
Why is Harley-Davidson's (HOG) stock rallying?
December 13, 2021 10:00 AM PST| By Rupam RoyThe stocks of Harley-Davidson, Inc. (NYSE: HOG) gained attention from investors Monday, December 13, after the firm announced that its electric-motorcycle division, LiveWire, will go public by a merger with a special purpose acquisition company (SP.....