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Top five real estate investment trusts (REITs) to consider in October
September 30, 2021 12:40 PM PDT| By Sanjeeb BaruahHighlights AvalonBay Communities (NYSE: AVB) owns a portfolio of 275 apartment communities and additional 18 properties under development. Its dividend yield is 2.87%. The stock rose 40.7% YTD. Equity Residential’s (NYSE: EQR) portf.....
CarMax (KMX), Bed Bath (BBBY) stocks dive after quarterly earnings
September 30, 2021 08:19 AM PDT| By Sanjeeb BaruahHighlights CarMax Inc. (NYSE: KMX) reported revenue of US$7.98 Bn in Q2, FY22. Net sales of Bed Bath & Beyond Inc. (NASDAQ: BBBY) were US$1.98 Bn in Q2, FY21. The stock price of KMX rose by 56.97% YTD. Stocks of CarMax Inc. (NYSE: KMX.....
Five social media stocks transforming the communication industry
September 29, 2021 04:27 PM PDT| By Sanjeeb BaruahHighlights Facebook, Inc. (NASDAQ: FB) revealed plans to invest US$50 million to build a metaverse by partnering with different organizations. The stock gave a 29.44% return YTD. Facebook, Inc. (NASDAQ: FB) revealed plans to invest US$50 milli.....
Five restaurant stocks to keep an eye on beyond 2021
September 29, 2021 01:43 PM PDT| By Sanjeeb BaruahHighlights The stock of Chipotle Mexican Grill, Inc’s (NYSE: CMG) rose 39.44 percent YTD. Darden Restaurants, Inc’s (NYSE: DRI) total sales jumped 51% YoY in Q1, FY22. The revenue of Bloomin' Brands, Inc. (NASDAQ: BLMN) surged 86.2.....
DBGI, UNFI stocks gain strong traction after quarterly results
September 29, 2021 01:10 PM PDT| By Ipsita SarkarHighlights Digital Brands Group, Inc (NASDAQ: DBGI) stocks fell a day after providing solid revenue guidance for 2022. DBGI expects its revenue for 2022 to be around US$37.5 million and US$42.5 million, up 350 percent from its 2021 revenue exp.....
LCID stock rises on Lucid Air delivery, HYZN shares tank after charges
September 29, 2021 11:03 AM PDT| By Sanjeeb BaruahHighlights Lucid Group Inc (Nasdaq: LCID) stocks jumped 10.18% on Sep 29 after it announced the launch of a sedan car. The company will start delivery of Lucid Air sedan cars from next month. Hyzon Motors Inc. (NASDAQ: HYZN) stocks crashed a.....
Gogo (GOGO) & Micron (MU): Two trending stocks on Wednesday
September 29, 2021 09:28 AM PDT| By Sanjeeb BaruahStocks of Gogo Inc. (NASDAQ: GOGO) and Micron Technology, Inc. (NASDAQ: MU) were trending on Wall Street Wednesday. GOGO fell around 2 percent, while MU traded flat. GOGO traded at US$16.46 at 9:51 am ET, down 2.14 percent from its previous closin.....
Amplitude (AMPL), DatChat (DATS) stocks trend as markets rebound
September 29, 2021 08:31 AM PDT| By Ipsita SarkarHighlights Amplitude, Inc. (NASDAQ: AMPL) provides digital optimization to connect digital products to business outcomes. DatChat, Inc. provides a free messaging application. Amplitude started trading o.....
Why are NAKD, BBIG stocks drawing investors’ attention?
September 28, 2021 05:42 PM PDT| By Ipsita SarkarHighlights Naked Brand Group (NASDAQ: NAKD) signaled a possible merger with a clean technology company, although nothing has been finalized yet. Vinco Ventures, Inc’s (NASDAQ: BBIG) subsidiary EVNT Platform is set to launch the world's fi.....
Why did Moderna (MRNA), Altimmune (ALT) stocks nosedive today?
September 28, 2021 04:27 PM PDT| By Sanjeeb BaruahHighlights Altimmune, Inc. (Nasdaq: ALT) stocks fell despite positive results from the clinical trial of its medicine for obese people. Moderna, Inc. (Nasdaq: MRNA) stock declined after recent comments from CEO Stéphane Bancel on the pan.....
Mastercard (MA) launches buy now, pay later (BNPL) scheme
September 28, 2021 04:11 PM PDT| By Team Kalkine MediaHighlights Mastercard (NYSE: MA) has launched the BNPL program to enable consumers to pay for their online or in-store purchases later in interest-free instalments. The company operates in more than 200 countries and accepts over 150 curr.....
Earnings Update: IHS Markit (INFO), FactSet (FDS) revenue rises
September 28, 2021 03:27 PM PDT| By Sanjeeb BaruahHighlights The revenue of IHS Markit Ltd. (NYSE: INFO) increased by 10% YoY. GAAP revenue of FactSet Research Systems Inc. (NYSE: FDS) surged 7.4% YoY. FDS now expects its revenue to be between US$1.70 Bn and US$1.72 Bn in FY22. Informati.....
Five clean energy stocks to watch as renewables take centerstage
September 28, 2021 01:45 PM PDT| By Ipsita SarkarHighlights Gevo, Inc. (NASDAQ: GEVO) stock jumped 720.22% in the last twelve months. The Clean Energy Fuels Corp. (NASDAQ: CLNE) stock surged 277.24% in one year. SolarEdge Technologies, Inc. (NASDAQ: SEDG) expects its Q3, FY21 revenue to be b.....
Explore seven healthcare stocks that are under US$50
September 28, 2021 12:59 PM PDT| By Sanjeeb BaruahHighlights Halozyme Therapeutics’ (NASDAQ: HALO) GAAP net income was US$91.5 million in Q2, 2021, compared to US$25.8 million in Q2, 2020. Adaptive Biotechnologies Corporation’s (Nasdaq: ADPT) revenue for Q2, 2021, was US$38.5 milli.....
Cloudflare (NET), Adobe (ADBE) stocks retreat in a sea of red
September 28, 2021 11:20 AM PDT| By Sanjeeb BaruahHighlights Cloudflare, Inc. (NYSE: NET) stocks fell on Tuesday, a day after it launched an email security feature. Cloudflare’s new feature will help tackle challenges like fishing or spoofing. Adobe (Nasdaq: ADBE) stocks also declined o.....
Why did NVIDIA (NVDA), ASML (ASML) stocks fall today?
September 28, 2021 10:32 AM PDT| By Ipsita SarkarHighlights NVIDIA Corporation’s (NASDAQ: NVDA) revenue surged 68% YoY in Q2, FY22. The net sales of ASML Holdings N.V. (NASDAQ: ASML) were €4.02 billion in Q2, FY21. The NVDA stock jumped 65.17% YTD, while ASML grew by 67.06% YTD. .....
Ford (F), Toyota (TM) stocks in focus after positive business update
September 28, 2021 09:50 AM PDT| By Sanjeeb BaruahHighlights Ford Motor Company (NYSE: F) and its Korean battery partner SK Innovation to invest US$11.4 billion to build a mega assembly plant and three battery factories in the US. It is the single largest manufacturing investment in Ford&rsquo.....
Red Cat (RCAT) stock rides high after NASA contract, stock jumps 50%
September 27, 2021 03:56 PM PDT| By Sanjeeb BaruahThe stock of Red Cat Holdings, Inc. (NASDAQ: RCAT) jumped 50% to close at US$3.60 on Monday after the company announced a five-year contract with US space agency NASA. The San Juan, Puerto Rico-based software company, provides blockchain-base.....
Why are Tesla Inc (TSLA) & Rivian Inc catching the eyes of investors?
September 27, 2021 10:03 AM PDT| By Ipsita SarkarHighlights Tesla Inc (Nasdaq: TSLA) stocks soared on Monday after the company launched a software update of its FSD beta last week. The FSD beta will enable drivers to navigate across the complex environment of cities using the new auto-steer .....
10 reasons why US should plan for a digital currency
September 27, 2021 09:09 AM PDT| By Ipsita SarkarPrivate digital currencies like Bitcoin and Ethereum are already being used for payments of goods and services in many countries. But a virtual format of the fiat currency, or central bank-backed digital currency (CBDC), is seriously being pondered.....
