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XPeng Inc (XPEV) and NIO Inc (NIO): 2 trending Chinese EV stocks
July 01, 2021 06:50 AM PDT| By Kiran MuraliXPeng Inc. (NYSE: XPEV) and NIO Inc. (NYSE: NIO) stocks jumped in the pre-market trading after the Chinese electric vehicle makers reported record deliveries for the second quarter and July. XPeng stock rose approximately 4.3 .....
China’s DiDi is worth US$68 billion after its Wall Street debut
June 30, 2021 05:24 PM PDT| By Team Kalkine MediaSummary The stock opened at US$16.65 against the offering price of US$14. The company was expecting a valuation of US$100 billion after the IPO. The IPO saw considerable success despite the ongoing US-China trade dispute and Washington's conce.....
Top solar stocks to consider amid renewable energy push
June 30, 2021 03:58 PM PDT| By Team Kalkine MediaSummary Enphase Energy (NASDAQ: ENPH) announced to launch an Encharge battery storage system in Germany. Its stock price rose 290% in one year. First Solar, Inc. (NASDAQ: FSLR) net income grew 131% year over year in the quarter ended March 31, .....
Top plant-based food stocks to watch in July
June 30, 2021 03:31 PM PDT| By Team Kalkine MediaSummary Beyond Meat Inc. (Nasdaq: BYND) stock price surged 26.35 percent YTD. Tattooed Chef (Nasdaq: TTCF) reported revenue of US$58.7 million in Q1, 2021, up 59% YoY. Ingredion Incorporated (NYSE: INGR) stock price rose 14.27% YTD and 8.57% Y.....
Bed Bath & Beyond stock (BBBY) rallies on upbeat outlook
June 30, 2021 12:20 PM PDT| By Kiran MuraliSummary Bed Bath & Beyond stock returned 81 percent year to date. Fiscal 2021 net sales are projected in the range of US$8.2 billion to US$8.4 billion. Bed Bath & Beyond reported a 49 percent growth in its first-quarter net sales. .....
Bsquare (BSQR), Verb (VERB): 2 rising tech stocks
June 30, 2021 10:31 AM PDT| By Kiran MuraliSummary Bsquare and Verb Technology gained around 250 percent and 30 percent, respectively, in the last five days. Bsquare stock returned approximately 250 percent year to date. Verb Technology share price grew around 41 percent this year. .....
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Why is Cerevel Therapeutics stock (CERE) trending today?
June 30, 2021 07:57 AM PDT| By Kiran MuraliSummary The biopharmaceutical company’s stock more than doubled on Tuesday’s trading. Cerevel announced positive results from the clinical trial of its M4-selective PAM CVL-231 in adult schizophrenia patients. The company is also o.....
Five hot energy stocks under US$1
June 29, 2021 04:55 PM PDT| By Team Kalkine MediaSummary Borr Drilling Limited reported total operating revenue of US$48.4 million and a net loss of US$58.1 million in Q1, 2021. Falcon Minerals Corporation’s stock prices increased by 32.61% YTD. Evolve Transition Infrastructure reporte.....
Why Exela Technologies stock (XELA) soared on Tuesday?
June 29, 2021 03:23 PM PDT| By Kiran MuraliSummary Exela stock rose 59 percent to end Tuesday’s trading at US$2.34 on Tuesday. The business process automation company is rolling out its EON platform for a large health insurance company. Exela projects its full-year revenue in the.....
Five used car stocks to consider amid a red-hot auto market
June 29, 2021 12:38 PM PDT| By Team Kalkine MediaSummary Group 1 Automotive (NYSE: GPI) stock rose 134% in the past year with revenue and net income growth. Carvana Co. (NYSE: CVNA) retail sales jumped 76.4% in the March quarter. The stock raked in 154% growth in the past year. Lithia & .....
Top large-cap stocks to focus on right now
June 29, 2021 10:59 AM PDT| By Team Kalkine MediaSummary Intel Corporation reported revenue of US$19.7 billion in Q1, 2021. Computer memory maker Micron Technology has a market cap of US$933 billion. Truck manufacturer Paccar Inc. reported revenue of US$5.85 billion in Q1, 2021. Large-c.....
Marin Software (MRIN) stock gains 90%, continues last week’s rally
June 28, 2021 04:04 PM PDT| By Kiran MuraliSummary The stock value more than doubled last week. On Monday, Marin Software stock jumped up to 90 percent. The stock rally started after following the integration of Instacart Ads on MarinOne. Marin Software Incorporated (NASDAQ: MRIN).....
Five top fintech stocks to watch this week
June 28, 2021 03:57 PM PDT| By Team Kalkine MediaSummary Fintech companies offer payment processing, online and mobile banking, and a range of other financial services. Square Inc., a financial services and digital payment company, has a market capitalization of US$112 billion. Green Dot Cor.....
Embark Trucks to go public via SPAC: All you need to know
June 28, 2021 01:31 PM PDT| By Kiran MuraliSummary The autonomous truck company will become public via a SPAC merger. The business combination will give Embark a market capitalization of US$5.16 billion and an enterprise value of US$4.55 billion. Embark eyes US$614 million in cash proc.....
SentinelOne (S) IPO price rise: What it means for investors
June 28, 2021 12:53 PM PDT| By Team Kalkine MediaSummary The company was founded in 2013 and released its first endpoint security solution in 2015. SentinelOne (NYSE: S) raised the price range for IPO to US$31-US$ 32 as per an amendment filed with SEC. The total shares available for the publ.....
5 hot healthcare stocks to explore before June ends
June 28, 2021 12:27 PM PDT| By Team Kalkine MediaHealthcare is a huge sector that includes companies involved in developing and commercializing drugs, medical devices, and other healthcare products and services. The healthcare sector has seen rapid growth over the past year. Many new companies h.....
Intellia (NTLA) stock rally can chart a new path for CRISPR stocks
June 28, 2021 10:52 AM PDT| By Kiran MuraliSummary Intellia stock gained over 45 percent to hit a 52-week high in the morning trade. A preliminary clinical study data shows positive results in transthyretin amyloidosis treatment by editing target cells in the body. A single 0.3 mg/kg d.....
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Seven hot infrastructure stocks to explore after Biden’s fiscal boost
June 25, 2021 07:16 PM PDT| By Team Kalkine MediaSummary US-based infrastructure company Martin Marietta Materials reported total revenue of US$982.4 million in Q1, 2021. Construction material company Caterpillar Inc. has a market capitalization of US$119.8 billion. Bipartisan Infrastructure.....
FedEx (FDX) stock trends after robust earnings report
June 25, 2021 12:36 PM PDT| By Team Kalkine MediaSummary FedEx Corp (NYSE: FDX) reported US$84 billion in revenue for FY 2021, up 21% YoY. It booked a net income of US$1.87 billion in the May quarter, against a net loss of US$334 million in the same quarter in the previous year. FedEx Co.....
NIKE (NKE) hits 52-week high on Q4’21 profit, FY’22 outlook
June 25, 2021 10:44 AM PDT| By Kiran MuraliSummary NIKE reported a net income of US$1.51 billion, compared to the loss of US$790 million, Net income more than doubled to US$5.73 billion during the full fiscal year 2021. NIKE projects fiscal 2022 revenue to grow in low double digits and.....
