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Roblox (RBLX) beats Q3 booking estimates, stock jumps 29%
November 08, 2021 05:58 PM PST| By Team Kalkine MediaHighlights Roblox’s revenue increased 102% YoY to US$509.3 million. The company’s bookings were also up 28% YoY to US$637.8 million, while the free cash flow was US$170.6 million. Its net cash from operating activities was US$181.2 .....
PayPal (PYPL) revises guidance after Q3 revenue soars
November 08, 2021 04:38 PM PST| By Team Kalkine MediaHighlights PayPal added 13.3 million net new active accounts, taking the total to 416 million active accounts in the quarter. Its total payment volume was US$310 billion, up 26% YoY. The company expects its net revenue to increase between US$6......
Top airline stocks to watch as US lifts travel curbs
November 08, 2021 03:45 PM PST| By Ipsita SarkarThe airline companies are flying high on renewed optimism after the US on Monday lifted the travel curbs on tourists from scores of countries, including Europe, Asia, and Africa. Former President Donald Trump had imposed the ban in March 2020. Fro.....
Are these nine penny stocks worth the penny?
November 08, 2021 12:45 PM PST| By Versha JainVeteran investors have the knowledge and experience to help minimize risks in the stock market - be it trading in penny stocks or mid and large-cap stocks. On the contrary, newcomers are often drawn to penny stocks despite significant risks because.....
Gaotu (GOTU) stock on investors’ radar – is it worth exploring?
November 08, 2021 10:01 AM PST| By Ipsita SarkarHighlights Several law firms are probing claims on behalf of Gaotu Techedu Inc. (NYSE: GOTU) investors concerning whether Goldman Sachs and Morgan Stanley have committed securities fraud. GOTU's net revenue surged 35.3% YoY in Q2, FY21. The st.....
Trade Desk (TTD) revenue up 39%, Bright Knight (BKI) raises outlook
November 08, 2021 08:13 AM PST| By Versha JainHighlights Trade Desk, Inc. (NASDAQ: TTD) revenue jumps 39% YoY to US$301.1 million in the third quarter of 2021. Black Knight, Inc. (NYSE: BKI) revenue increased 21% YoY to US$378 million. Black Knight raises outlook for fiscal 2021 after rob.....
Top oil and gas stocks to explore in November
November 07, 2021 12:15 AM PDT| By Ipsita SarkarOil and gas stocks have been in focus in recent days as crude prices climbed, reaching the levels of the pre-pandemic era. Fuel demand has been rising as supply woes deepened. According to industry experts, oil prices increased about 63% this year......
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Explore five hot growth stocks with robust YTD return
November 06, 2021 12:41 AM PDT| By Ipsita SarkarAs the third-quarter earnings season is gradually nearing its end, investors might consider topping up their portfolios with some growth stocks, given the improved economic outlook lately. Despite concerns over inflation, labor shortage, rising pri.....
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Why are Penn National (PENN), Peloton Interactive (PTON) stocks diving?
November 05, 2021 08:45 AM PDT| By Team Kalkine MediaHighlights Penn National Gaming, Inc. is down after weak results and also possibly because of its engagement with Barstool Sports, whose founder Dave Portnoy is facing sex allegations. Peloton Interactive posted a 6% increase in revenue for.....
Datadog (DDOG) & UiPath (PATH) rally after quarterly reports
November 05, 2021 07:53 AM PDT| By Team Kalkine MediaHighlights The revenue of Datadog, Inc. (NASDAQ: DDOG) increased by 75% YoY in Q3, FY21 Datadog, Inc. (NASDAQ: DDOG) expects its revenue to be between US$993 million and US$995 million for full fiscal 2021 UiPath, Inc. (NYSE: PATH) revenue was.....
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UBER’s gross bookings reach ATH in Q3 2021, Cloudflare revenue up 51%
November 05, 2021 07:25 AM PDT| By Team Kalkine MediaHighlights Uber Technologies, Inc. (NYSE: UBER) posted revenue of US$4.8 billion, in the third quarter of 2021, representing a 72% growth over the year. The revenue of Cloudflare Inc. (NYSE: NET) grew 51% in the third quarter YoY and it added 1.....
Allbirds IPO (BIRD): Stock jumps 90% in Nasdaq debut
November 04, 2021 10:38 AM PDT| By Versha JainAllbirds, Inc. (NASDAQ: BIRD) stock closed the first-day trading on NASDAQ Wednesday with over 90% gain. The price had more than doubled in intraday trading, rising as much as US$31. IPO price Allbirds Inc priced its Class A Common Sto.....
Top EV stocks to explore as nations set emissions reduction target
November 04, 2021 08:22 AM PDT| By Ipsita SarkarThe electric vehicle industry received a major boost after the UN conference of parties or COP26 recently set new targets for pollution reduction. The countries aim to reduce greenhouse gas emissions by 30% from the 2020 levels. The COP26 summit in...
2 lithium stocks to watch with over 100% YTD returns as COP26 convenes
November 04, 2021 06:09 AM PDT| By Team Kalkine MediaHighlights The stock value of Lithium Americas Corp. (NYSE: LAC) surged over 117% YTD Piedmont Lithium Inc. (NASDAQ: PLL) stocks rose more than 125% YTD The net loss of Lithium Americas Corp. (NYSE: LAC) was US$19.32 million in Q2, FY21 T.....
Qualcomm (QCOM) posts strong Q4, fiscal 2021 results
November 03, 2021 03:49 PM PDT| By Versha JainHighlights Qualcomm Incorporated reported strong fourth quarter and fiscal 2021 results. Its FY2021 revenue grew 43% YoY and non-GAAP net income rose 104% YoY. The stock rose 7% in one month but fell around 9% YTD. Technology company Qual.....
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T-Mobile (TMUS) stock jumps 5% a day after Q3 results
November 03, 2021 02:07 PM PDT| By Team Kalkine MediaHighlights The company’s total service revenue was up 4% YoY to US$14.7 billion in Q3, 2021, helped by strong customer growth. It has raised the full-year core adjusted EBITDA guidance to between US$23.4 billion and US$23.5 billion. CEO.....
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Five stocks to explore as more companies join metaverse madness
November 03, 2021 01:19 PM PDT| By Versha JainHighlights Metaverse is a mix of a real and virtual worlds, an idea popularized by Mark Zuckerberg, the CEO of Meta Platforms Inc., formerly Facebook. The metaverse market might hit US$800 billion by 2024, according to Bloomberg Intelligence.&n.....
CVS (CVS), Humana (HUM) revise guidance after strong Q3 results
November 03, 2021 10:24 AM PDT| By Versha JainHighlights CVS Health Corporation (NYSE: CVS) revenue rose 10% YoY to US$73.8 in Q3. Humana Inc. (NYSE: HUM) revenue rose 3% to US$20.7 billion in the third quarter. Both the companies have revised their full-year 2021 revenue guidance. .....
Backblaze IPO: How to buy this cloud storage platform stock?
November 03, 2021 08:57 AM PDT| By Ipsita SarkarHighlights Backblaze is offering 6.25 million shares of Class A common stock in the IPO. The IPO price is likely to be between US$15 and US$17 per share. Backblaze’s revenue was US$31.46 million in the six months ended on June 30. C.....
OLB Inc. (OLB) stock tanks 16% after robust gains on Mastercard deal
November 03, 2021 08:31 AM PDT| By Versha JainHighlights The OLB Group, Inc. (NASDAQ: OLB) stock gains traction after its partnership with Mastercard for cryptocurrency transactions. The merchants using OLB’s OmniSoft platform and SecurePay Payment Gateway Platform can now pro.....
