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Technology
Two trending stocks: SCWorx Corp and Exela Technologies
July 14, 2021 06:04 AM AEST| By Team Kalkine MediaSummary Exela Technologies, Inc (Nasdaq: XELA) stock soared by 39.03% at 12.51 pm ET on July 13. SCWorx Corp (Nasdaq: WORX) stock surged 27.45% at 12.26 pm on July 13 after social media hype. XELA has reported revenue of US$300.1 million in Q1.....
StoneCastle (BANX) issues RDO of 492,234 shares: Check Details here
July 13, 2021 09:56 AM AEST| By Team Kalkine MediaSummary StoneCastle Financial (BANX) announced a US$10.8 million registered direct offering for 492,234 common stock shares. BANX is an investment company with a US$145.57 million market capitalization. Its current dividend yield is 6.94%. .....
What are FAANG stocks?
July 13, 2021 09:16 AM AEST| By Kiran MuraliSummary FAANG refers to the stocks of Facebook, Amazon, Apple, Netflix, and Alphabet. FAANG stocks’ market capitalization ranges from US$237 billion to over US$2 trillion. All five companies are included in the S&P 500 Index. FA.....
Why chipmaker Broadcom plans to acquire software firm SAS?
July 13, 2021 08:25 AM AEST| By Sanjeeb BaruahSummary Semiconductor major Broadcom’s stock prices went up by 0.78% after the news. The deal is valued at US$15-US$20 billion. Its market cap is likely to reach US200 billion. Chipmaker Broadcom Inc. (Nasdaq: AVGO) plans to buy sof.....
AgriFORCE (NASDAQ:AGRI) stock rebounds on second trading day
July 10, 2021 06:43 AM AEST| By Team Kalkine MediaSummary AgriFORCE’s stock bounced back on Friday after declining in its stock market debut on Thursday. The agriculture-focused technology company raised approximately US$13.6 million in the public offering. AgriFORCE stock, which was pr.....
Top small-cap tech stocks to explore in July
July 08, 2021 05:54 AM AEST| By Team Kalkine MediaSmall-cap tech stocks are technology companies having a market capitalization of US$300 million to US$2 billion. Small-cap stocks have the potential to become mid-cap or large-cap companies. However, their stocks are often volatile and hence riskie.....
What are top 10 technology stocks?
July 07, 2021 08:27 AM AEST| By Team Kalkine MediaTechnology stocks are seeing renewed attention from investors after a lull in the past few months. The tech-heavy Nasdaq Composite Index is up 24.37 points or 0.18% from the previous close on Tuesday, marking gains for a third consecutive session. .....
China’s DiDi is worth US$68 billion after its Wall Street debut
July 01, 2021 10:24 AM AEST| 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.....
Bsquare (BSQR), Verb (VERB): 2 rising tech stocks
July 01, 2021 03:31 AM AEST| 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. .....
Why Exela Technologies stock (XELA) soared on Tuesday?
June 30, 2021 08:23 AM AEST| 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.....
Marin Software (MRIN) stock gains 90%, continues last week’s rally
June 29, 2021 09:04 AM AEST| 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 29, 2021 08:57 AM AEST| 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 29, 2021 06:31 AM AEST| 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 29, 2021 05:53 AM AEST| 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.....
Three upcoming tech stocks to explore on NASDAQ
June 25, 2021 12:22 PM AEST| By Team Kalkine MediaSummary Couchbase, Inc. (BASE) was ranked No. 1 in the 2020 Workplace Wellness Awards for mid-sized companies planning for IPO. EverCommerce Inc. booked revenue of US$ 337.5 million for the fiscal year ended December 31, 2020, up 39.4% fr.....
Why did Marin Software (MRIN) surge 86% today?
June 25, 2021 02:48 AM AEST| By Team Kalkine MediaSummary Marin Software jumped 86.55% to US$3.19 at 9:34 am ET on June 24. MRIN joined hands with Instacart to provide MarinOne services on its platform. Marin’s cash and cash equivalents were US$15.2 million in the March quarter. Th.....
3D Systems (DDD) stocks trend after CollPlant (CLGN) deal
June 24, 2021 04:33 AM AEST| By Team Kalkine MediaSummary 3D Systems to develop 3D soft tissue matrix for breast reconstruction procedures. The stock of 3D Systems gained 249% YTD. It reported revenue of US$146.1 million in Q1 of 2021. The stock of 3D Systems (NYSE: DDD) was trending aft.....
Why is ALFI Inc. (NASDAQ: ALF) trending today?
June 22, 2021 06:08 AM AEST| By Team Kalkine MediaSummary ALFI Inc. (NASDAQ: ALF) was founded in 2018; it went public in May 2021. Its share price has almost doubled since its launch. Its disruptive DOOH technology is expected to revolutionize the way small businesses do their advertising. .....
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AMD and Nvidia: Two trending stocks
June 19, 2021 12:45 PM AEST| 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.....
The Trade Desk stocks trend on investors’ stock-split allotments
June 19, 2021 05:38 AM AEST| 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.....
