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Blackstone (BX) stock rallies as Q2 profit doubles
July 22, 2021 02:43 PM PDT| By Kiran MuraliSummary The asset management company’s stock rose over 4 percent on Thursday. Blackstone’s second-quarter net income more than doubled to US$1.31 billion. Total assets under management rose 21 percent year over year to US$684.0 bil.....
Five interesting e-commerce stocks to watch post-covid
July 22, 2021 01:16 PM PDT| By Team Kalkine MediaSummary Chewy, Inc. (CHWY) has a forward P/E one-year ratio of 693.33. Its stock rose 71% in one year. Revolve Group’s (VLV) P/E ratio is 66.23. The stock increased by 327% in one year. Liquidity Services (LQDT) has a P/E ratio.....
Six pipeline stocks to explore as energy demand soars
July 22, 2021 11:27 AM PDT| By Team Kalkine MediaSummary Altus Midstream Company (Nasdaq: ALTM) reported a net income of US$22 million in Q1, 2021. Magellan Midstream Partners L.P. (NYSE: MMP) registered an operating income of US$279.5 million in Q1, 2021. Enterprise Products Partners L.P. (.....
Six hot penny stocks to explore when Delta fear settles down
July 21, 2021 04:21 PM PDT| By Team Kalkine MediaSummary Oxford Square’s (NASDAQ: OXSQ) dividend yield is 8.68%. The stock gave a 29% return YTD. Cinedigm Corp. (NASDAQ: CIDM) was selected for the Russell Microcap Index in June. The share grew 103% YTD. XpresSpa Inc. (NASDAQ: XSP.....
Why were these three Chinese auto stocks trending Wednesday?
July 21, 2021 03:42 PM PDT| By Team Kalkine MediaSummary NIO Inc. (NYSE: NIO) delivered 20,060 vehicles in Q1 of FY 2021. The stock was up 6.09% on Wednesday. XPeng Inc. (NYSE: XPEV) stock was up 7.26% on Wednesday. It priced its new smart sedan-P5 price range at RMB 160,000-230,000. Li.....
5 hot entertainment stocks to keep an eye on
July 21, 2021 12:45 PM PDT| By Team Kalkine MediaSummary Netflix, Inc.’s (NFLX) P/E ratio is 52.95. Its net income grew 88% YoY in the second quarter. Walt Disney’s (DIS) net income for the April quarter of 2021 rose 96% YoY. The stock gained nearly 50% in one year. Roku, Inc. (R.....
NVIDIA soars 3% day after it starts trading split-adjusted stocks
July 21, 2021 11:29 AM PDT| By Team Kalkine MediaSummary NVIDIA Corporation (NASDAQ: NVDA) declared a four-for-one stock split on May 3, 2021. The stock split became effective on July 19 after the end of the business hours. The split-adjusted stocks started trading on July 20, 2021. NVI.....
Looking for growth stocks? Here are two options
July 21, 2021 11:26 AM PDT| By Team Kalkine MediaGrowth stocks are companies that are likely to grow at a faster pace than the market average. They are different from value stocks in that they typically reinvest the earnings to grow their business. Thus, both large- and small-cap stocks that have.....
Johnson & Johnson (JNJ) posts strong Q2 results, lifts 2021 outlook
July 21, 2021 06:40 AM PDT| By Kiran MuraliJohnson & Johnson (NYSE: JNJ) on July 21 reported strong second-quarter results and raised its revenue and profit guidance for full-year 2021. The healthcare giant posted approximately 73 percent year-over-year growth in its second-quarter net.....
Netflix (NFLX) beats Q2 estimate with 1.5M new subscribers
July 20, 2021 03:05 PM PDT| By Kiran MuraliSummary Netflix reported a 19 percent year-over-year increase in its second-quarter revenue. The OTT content platform added 1.5 million paid memberships during the quarter. Netflix confirmed that it is in the early stages of expanding into the.....
Philip Morris (PM) misses Q2 estimates, cuts full-year outlook
July 20, 2021 11:19 AM PDT| By Kiran MuraliSummary The New York-based cigarette maker’s stock declined 3 percent on Tuesday morning. Philip Morris’s second quarter reported diluted EPS rose 11.2% but was below its expectation. Full-year reported diluted EPS is now projected.....
IBM stock jumps after hours on Q2 topline growth
July 19, 2021 03:14 PM PDT| By Kiran MuraliSummary IBM’s shares popped more than 3 percent on Monday’s aftermarket trading. The technology giant posted 3% year-over-year growth in second-quarter revenue. Cloud revenue increased 13% to US$7 billion during the three months. .....
Five9 (FIVN) stock pops on Zoom’s (ZM) $14.7B takeover deal
July 19, 2021 12:22 PM PDT| By Kiran MuraliSummary The cloud contact center solutions provider’s stock rose up to 6.5% on Monday. Zoom has agreed to buy Five9 in an all-stock deal valued at US$14.7 billion. The acquisition could be completed in the first half of next calendar yea.....
Airline stocks tumble amid concerns over rebounding COVID cases
July 19, 2021 11:52 AM PDT| By Kiran MuraliSummary Stocks of Boeing, Delta Air Lines, American Airlines, United Airlines and Southwest Airlines fell on Monday morning. The CDC said seven day average of daily new COVID cases jumped almost 70 percent last week. Investors are concerned th.....
Top ten growth stocks in the USA
July 17, 2021 12:35 PM PDT| By Team Kalkine MediaSummary com Inc (NYSE: CRM) reported revenue of US$5.9 billion in Q1, 2021. NetEase, Inc. (Nasdaq: NTES) has a P/E ratio of 39.36 and forward P/E 1 year of 31.60. Twitter Inc (Nasdaq: TWTR) reported revenue of US$1.04 billion in Q1, 2021, up 2.....
Top blue-chip stocks to explore in the US market
July 16, 2021 01:16 PM PDT| By Kiran MuraliSummary Blue-chip stocks have a large market capitalization and are fundamentally strong. Microsoft’s stock returned around 26 percent year to date. JP Morgan’s earned US$11.95 billion in its Q2, more than double what it had in net.....
How do you find hyper-growth blue-chip stocks?
July 15, 2021 03:12 PM PDT| By Team Kalkine MediaSummary Companies whose earnings are higher than the average market growth are hyper-growth blue-chip stocks. Procter & Gamble Company (NYSE: PG) has earnings per share of US$5.43 and an annual dividend of US$3.479. Caterpillar, Inc (NYSE:.....
Top SaaS stocks on Wall Street
July 15, 2021 01:41 PM PDT| By Team Kalkine MediaSummary Adobe (ADBE)stock gave a 21.01% return YTD. Its closing price on July 14 was US$608.83. com Ltd. (WIX) stock closed at US$281.23 on July 14, 2021. It gave a 10.27% return YTD. Shopify Inc. (SHOP)stock closed at US$1463.00 on July 14, a.....
Top three 5G stocks to explore
July 15, 2021 01:22 PM PDT| By Team Kalkine MediaSummary Nokia Corporation (NYSE: NOK) revised its guidance upward for an entire year on July 29. QUALCOMM (NASDAQ: QCOM)declared a quarterly dividend of US$0.68 per share. Verizon Communications (NYSE: VZ)announced the expansion of its 5G busi.....
Why are these food delivery stocks on investors’ radar?
July 15, 2021 11:54 AM PDT| By Team Kalkine MediaSummary DoorDash Inc (NYSE: DASH) reported total revenue of US$1 billion in Q1, 2021. Uber Eats of Uber Technologies, Inc. (NYSE: UBER) reported a 230% sales growth in Q1. Just Eat Takeaway.com (Nasdaq: GRUB) reported total revenue of US$2 bil.....
