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Six value stocks to watch in September
August 27, 2021 06:44 PM PDT| By Team Kalkine MediaHighlights Franklin Resources, Inc. (NYSE BEN) reported revenue of US$2.1 billion in Q2 2021. The net income of Cigna Corporation (NYSE: CI) was US$1.5 billion or US$4.25 per share in Q2 2021. Huntington Ingalls Industries, Inc. (NYSE: HII) ha.....
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Why is Avalanche crypto catching the eye of investors?
August 27, 2021 06:18 PM PDT| By Sanjeeb BaruahHighlights Avalanche prices surged 7.31 percent as SushiSwap joins its program, Avalanche Rush. Aave and Curve, the DeFi applications, had joined the program earlier. Avalanche price rose by 251 percent since August 1. Cryptocurrency Ava.....
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Roundhill ‘MEME’ ETF makes a buzz after SEC filing
August 27, 2021 06:10 PM PDT| By Ipsita SarkarHighlights Roundhill Investments on Thursday filed for a Roundhill MEME ETF under the ticker ‘MEME’. The ETF will track the Solactive Roundhill Meme Stock Index. The MEME ETF will have an expense ratio of 0.69%. The meme stock.....
Which are the top US banks investing in cryptocurrency, blockchain?
August 27, 2021 12:00 PM PDT| By Sanjeeb BaruahHighlights Bank of New York Mellon Corp. (NYSE: BK) invested US$321 million in blockchain projects. Citigroup Inc. (NYSE: C) has invested US$279 million in 14 cryptocurrency companies. UBS Group AG (NYSE: UBS) invested US$266 million in crypto.....
Peloton (PTON), Big Lots (BIG) stocks decline after quarterly earnings
August 27, 2021 09:58 AM PDT| By Team Kalkine MediaHighlights Net sales of Big Lots Inc. (NYSE: BIG) decreased 11.4% YoY. Peloton Interactive Inc’s (NASDAQ: PTON) revenue rose by 54% YoY. The BIG stock jumped more than 28 YTD. Stocks of Big Lots Inc. (NYSE: BIG) and Peloton Interact.....
As economy rebounds, five chemical stocks to explore
August 26, 2021 05:47 PM PDT| By Sanjeeb BaruahHighlights Tronox Holdings Plc (NYSE: TROX) reported total revenue of US$927 million in Q2, 2021. Air Products and Chemicals’ (NYSE APD) EPS was US42.36 in Q3, 2021. Eastman Chemical Company (NYSE: EMN) incurred losses of US$146 millio.....
Five high-flying communication stocks to watch this fall
August 26, 2021 04:51 PM PDT| By Sanjeeb BaruahHighlights Zoom Video Communications, Inc. (NASDAQ: ZM) has a P/E ratio of 117.59. The stock closed at US$337.74 on Aug 25. JOYY Inc’s (NASDAQ: YY) current dividend yield is 3.7%, and its P/E ratio is 36.12. The stock closed at US$56.47 o.....
Penny wise or pound foolish? Here are 5 penny stocks to explore
August 26, 2021 04:11 PM PDT| By Ipsita SarkarHighlights The stock value of Vinco Ventures Inc. (NASDAQ: BBIG) rose 147.2% YTD. The stock value of Charles & Colvard Ltd (NASDAQ: CTHR) rose 127.2% YTD. The revenue of Calyxt, Inc. (NASDAQ: CLXT) jumped 415 percent YoY. Companies pr.....
Are you an NFT fan? Check out these seven hot NFTs in the market
August 26, 2021 01:13 PM PDT| By Ipsita SarkarHighlights The Non-Fungible Tokens (NFTs) are unique; buyers get their ownership rights, but copyrights remain with the creators. People can buy or sell NFTs using cryptocurrencies on various platforms. NFTs are like digital collectibles; howe.....
Ulta Beauty (ULTA), Coty (COTY) stocks rally after quarterly sales jump
August 26, 2021 09:29 AM PDT| By Ipsita SarkarHighlights The net sales of Ulta Beauty, Inc. (NASDAQ: ULTA) rose 60.2% YoY. ULTA stock soared more than 38% year-to-date. The net revenue of Coty Inc. (NYSE: COTY) soared 89.6% YoY in Q2. The stocks of Ulta Beauty, Inc. (NASDAQ: ULTA) an.....
Are these six blue-chip stocks primed to lead the banking recovery?
August 26, 2021 07:50 AM PDT| By Sanjeeb BaruahHighlights American Express Co’s (AXP) total revenue was US$10.3 billion in Q2, 2021. Bank of America Corp (BAC) reported an income of US$9.2 billion in Q2, 2021. Visa Inc’s (V) gross profit was US$4.8 billion in Q2 this year. .....
Aditxt (ADTX) & Zomadica (ZOM): Two trending health stocks
August 25, 2021 03:15 PM PDT| By Sanjeeb BaruahHighlights Aditxt, Inc. (ADTX) stock was up 71.68% at 1:00 pm ET on Wednesday. Zomedica Corp. (ZOM) soared 25.07% at 1:01 pm ET. Both the companies saw massive trading volumes on Wednesday. Stocks of Aditxt, Inc. (NASDAQ: ADTX) and Z.....
Styling it right: Six fashion stocks that are hard to miss
August 25, 2021 01:32 PM PDT| By Ipsita SarkarThe Dow Jones US Clothing and Accessories Index (DJUSCF) gave a 13.75% return YTD. It is because the clothing or fashion companies are witnessing a strong comeback from the pandemic recession. For instance, all major apparel businesses in the US ar.....
Seven hot blockchain ETFs to explore as crypto market heats up
August 25, 2021 10:02 AM PDT| By Sanjeeb BaruahHighlights Siren Nasdaq NexGen Economy ETF (BLCN) traded at US$41.21 in the premarket session on August 25. First Trust Indxx Innovative Transaction & Process ETF (LEGR) has an AUM (assets under management) of US$120,610. VanEck Vectors Di.....
Dick's (DKS), Express Inc (XPR) net sales soar in Q2, stocks rally
August 25, 2021 09:44 AM PDT| By Ipsita SarkarHighlights Dick's Sporting Goods Inc (NYSE: DKS) stock rose over 100% YTD, while the Express, Inc. (NYSE: EXPR) stock jumped over 676% YTD. Dick’s net sales rose by 20.7% in Q2, while Express Inc’s net sales surged 86% YoY. Express.....
Five retail stocks to explore as customers flock to stores
August 25, 2021 08:32 AM PDT| By Team Kalkine MediaHighlights The Shopify Inc. (NYSE: SHOP) stock price surged around 35% YTD. The Best Buy Co., Inc. (NYSE: BBY) logged revenue of US$11.84 billion in Q2. The stock value of Macy's Inc (NYSE: M) jumped over 100% YTD. Retail companies provid.....
Six mid-cap utility stocks to watch as economy paces ahead
August 24, 2021 02:02 PM PDT| By Sanjeeb BaruahHighlights Murphy USA Inc. (NYSE: MUSA) reported revenue of US$4.4 billion in Q2, 2021. New Fortress Energy Inc. (Nasdaq: NFE) had a gross profit of US$116 million in Q2. Stericycle, Inc. (Nasdaq: SRCL) reported a net income of US$29.3 million.....
Top 5G stocks to explore as high-speed internet transforms businesses
August 24, 2021 01:19 PM PDT| By Ipsita SarkarHighlights AT&T Inc. (NYSE: T) reported a net income of US$44 billion in Q2, 2021. Verizon Communications Inc (NYSE: VZ) reported a net income of US$5.9 billion or US$1.40 per share in Q2. Broadcom Inc (Nasdaq: AVGO) posted a gross profit .....
Why are CrowdStrike, Palo Alto stocks in investors’ spotlight?
August 24, 2021 12:20 PM PDT| By Ipsita SarkarHighlights CrowdStrike Holdings, Inc. (Nasdaq: CRWD) to be listed in Nasdaq-100 Index from August 26. CrowdStrike stock surged 8.62 percent at 12.31 pm ET after the news. Palo Alto Networks, Inc. (NYSE: PANW) stock jumped 19.65 percent at 12......
What is crypto mining and how do they affect carbon footprint?
August 24, 2021 11:28 AM PDT| By Sanjeeb BaruahHighlights Miners mine the crypto coins from virtual rigs using codes through a mathematical process. A traditional banking institution's activities are governed by a centralized agency, whereas such an organization does not monitor cryptocurre.....
