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Raven (RAVN) pops 49% in pre-market on CNH’s $2.1B deal
June 21, 2021 07:32 AM PDT| By Kiran MuraliSummary CNH Industrial will pay US$58 per share to fully acquire Raven. The offer price represents a premium of 33.6 percent to Raven’s 4-week volume-weighted average share price. The acquisition could be completed in the fourth quarter .....
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AMD and Nvidia: Two trending stocks
June 18, 2021 07:45 PM PDT| By Team Kalkine MediaSummary AMD launched its new generation processors on June 17; they are used in Goggle Cloud applications. NVIDIA stock jumped 47% YTD. Its gaming and data-center businesses see rapid growth. NVIDIA’s revenue surged 84% YoY to US$5.66 bi.....
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Six hot junior gold stocks to explore
June 18, 2021 07:40 PM PDT| By Team Kalkine MediaSummary Golden Minerals Company’s revenue was up from US$1.2 million to US$1.8 million YoY in Q1, 2021. Galiano Gold Inc. produced 59,999 ounces of gold in Q1 of 2021. DRDGOLD produced 1382 kg gold in Q1, 2021, ended on March 31, which i.....
The Trade Desk stocks trend on investors’ stock-split allotments
June 18, 2021 12:38 PM PDT| By Team Kalkine MediaSummary On May 10, the company had announced a 10-for-1 stock split. Shareholders received the adjusted stock-split shares on June 16. Its Q1 revenue was US$219.8 million against US$160.7 million in the same period last year. The Trade D.....
Why is Rivian Automotive Inc on investors’ radar?
June 18, 2021 11:15 AM PDT| By Team Kalkine MediaSummary Rivian has raised around US$8 billion since 2019. Last year, it raised US$700 million from Amazon. Ford Co invested US$500 million in April this year. Rivian has been in talks with Goldman Sachs, JP Morgan Chase and Co., and Morgan Sta.....
Why is 23andMe stock trending?
June 18, 2021 10:38 AM PDT| By Team Kalkine MediaSummary The stock of genetics research company 23andMe surged 21% in its NASDAQ debut on June 17. It merged with VGAC, a special purpose acquisition company, to go public under the ticker name ME on NASDAQ. The healthcare company holds an 81% .....
Apple vs. Amazon: Here’s how the tech giants are performing
June 18, 2021 09:43 AM PDT| By Kiran MuraliApple Inc. (NASDAQ: AAPL) and Amazon.com Inc. (NASDAQ: AMZN) are among the top technology heavyweights based in the United States. Both the companies are worth trillions of dollars in the market. Apple’s stock is included in S&P 500 Index...
10 best mid-cap stocks to explore
June 18, 2021 09:23 AM PDT| By Team Kalkine MediaSummary Sunrun earned revenue of US$334.79 million in Q1, an increase of 59% YoY. Sprout Social’s March-quarter revenue rose from US$30.5 million to US$40.8 million YoY. The share price of Macerich grew by 92% in the past one year. .....
Facebook launches ad service on Instagram Reels
June 17, 2021 06:25 PM PDT| By Team Kalkine MediaSummary Facebook’s daily active users as of March 31 was 1.88 billion, an increase from 1.84 million in December 2020. Facebook segments the users in various categories, such as location, gender, behavior, and interests, for ads on Facebo.....
ByteDance revenues surge 111% to US$34.3 billion in 2020
June 17, 2021 12:48 PM PDT| By Team Kalkine MediaSummary ByteDance, considered the world’s most valuable startups, is yet to announce its IPO plans. It was valued at US$180 billion during a funding round in December last year in which it raised US$5 billion. ByteDance is a major rival t.....
Top 10 energy stocks to explore in US
June 16, 2021 05:20 PM PDT| By Team Kalkine MediaSummary TPL’s revenue for the quarter ended March 31, 2021, was US$84.16 million compared to US$96.59 million in the corresponding period of 2020. PXD’s total revenue for the quarter ended March 31, 2021, was US$3.06 billion, up 52%.....
10 hot EV stocks to explore this summer
June 15, 2021 11:43 AM PDT| By Team Kalkine MediaSummary Tesla In.’s expenditure on research and development increased by 106% YoY to US$666 million in the quarter ended March 31, 2021. In Q1 of 2021, NIO delivered 20,060 vehicles, against 3,838 in the same quarter of 2020. ChargePoint.....
Will EV market recover?
June 14, 2021 05:21 PM PDT| By Team Kalkine MediaElectric vehicle is the buzzword these days as almost all companies, big or small, are tapping into the EV market and helping support the global efforts to reduce carbon buildup. As the world is shifting towards creating a pollution-free circular ec...
Top 10 consumer staple stocks to watch as inflation rises
June 14, 2021 05:00 PM PDT| By Kiran MuraliConsumer companies face several headwinds, such as increased raw materials and shipping costs and supply chain delays. Several consumer staple companies have already warned about inflationary pressure, while some have announced plans to increase the...
Lordstown Motors stock tanks as CEO, CFO step down
June 14, 2021 04:53 PM PDT| By Team Kalkine MediaSummary CEO Steve Burns and CFO Julio Rodriguez have stepped down. A probe found some issues related to pre-orders. Lordstown has flagged concerns in continuing business as a going concern. Lordstown Motors Corp. (NASDAQ: RIDE) stock plun.....
What are high paying dividend stocks in US?
June 14, 2021 03:25 PM PDT| By Team Kalkine MediaSummary Target Corp. has been paying a dividend since its IPO in 1967. It has been paying a dividend of US$3.6 annually with a yield of 1.17%. AbbVie Inc.’s dividend yield is 4.51%, and its annualized dividend pay-out is US$5.20. Caterpi.....
Why did Novavax jump 10% in pre-market trading today?
June 14, 2021 01:28 PM PDT| By Team Kalkine MediaSummary Novavax’s covid drug showed 93% overall efficacy and 100% effectiveness in patients with moderate and severe infection during the phase 3 trial. The company aims to manufacture up to 150 million doses daily in Q4 after receiving a.....
10 retail stocks to explore as economy improves
June 14, 2021 12:16 PM PDT| By Team Kalkine MediaSummary In Q1 of 2021, Big Lots’ net income was US$94.6 million or US$2.62 per diluted share. In the same period last year, its net income was US$49.3 million. Ulta Beauty’s net sales were US$1.9 billion, up 65.9% YoY, and net incom.....
Top ten oil & gas stocks to explore
June 14, 2021 11:10 AM PDT| By Team Kalkine MediaSummary Prices of oil & gas stocks are rising as business restrictions are relaxed after vaccine progress. In Q1 of 2021, EOG Resources, Inc. logged total revenue of US$3694 million and a net income of US$677 million. Pioneer Resources&rsq.....
10 Semiconductor Stocks To Watch This Summer
June 11, 2021 08:30 PM PDT| By Team Kalkine MediaSummary In Q1 ended May 2, 2021, NVIDIA’s revenue surged 84% YoY to US$5.7 billion. Its gaming and data center contributed the maximum revenue at US$4.8 billion. On June 10, AMD announced that its EPYC processors would be used in Alletra .....
