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Technology
Amazon, ASML, Trade Desk: 3 Tech Stocks On Investors' Radar
May 18, 2021 09:27 AM AEST| By Team Kalkine MediaSummary Amazon's profit tripled in Q1 ended March 31, 2021, from the year-ago period. Dutch firm ASML anticipates 30 percent revenue growth this year. California-based Trade Desk projects its second-quarter revenue to almost double. The N.....
What’s Next for Xiaomi After US Ban Revoked?
May 14, 2021 06:59 AM AEST| By Team Kalkine MediaSummary The recent lifting of the ban by the US Defence Department – a ruling that it had been waiting for some time - has raised the bar for its annual target. Consumer sentiments towards the company are likely to improve from the decisi.....
3 Technology Stocks To Explore On Wall Street
May 14, 2021 06:04 AM AEST| By Team Kalkine MediaTechnology was one of the best performing sectors in 2020. Yet, the NASDAQ 100 Index has been an underperformer to the S&P 500 year-to-date. Recent trends show that investors have turned their attention to stocks whose progress is typically li.....
Palantir’s Strong Q1 Topline Growth Drives Up Stock Price
May 12, 2021 04:34 AM AEST| By Team Kalkine MediaSummary The Denver-based data analytic company posted a topline growth of 49 percent. Palantir’s stock was trading at US$20.07, up 8.6 percent on Tuesday morning. For the second quarter, the company anticipates its revenue to increase 43.....
Why Fastly, Cognizant Stocks Are Declining Today?
May 07, 2021 05:09 AM AEST| By Team Kalkine MediaSummary Fastly announced CFO transition after reporting an increase in its first quarter loss. Cognizant’s first quarter net income soared to US$505 million from US$367 million in the year-ago period. Shares of Fastly, Inc. (NYSE: FS.....
Proofpoint Shares Rally On US$12.3B Takeover Deal From PE Firm Thoma Bravo
April 27, 2021 11:18 AM AEST| By Team Kalkine MediaSummary NASDAQ-listed cybersecurity company Proofpoint will become private after the transaction. Thoma Bravo will pay US$176 per share in cash to Proofpoint shareholders, a premium of 34 percent. The deal, which got approval from Proofpoint&r.....
Decline in Data Center Revenue Pulls Intel’s Stock Down
April 24, 2021 10:37 AM AEST| By Team Kalkine MediaSummary Intel’s data center revenue during the first three months of the year fell 20 percent year over year. Revenue growth in the PC-centric business was offset by the decline in data center business. The semiconductor company projects.....
Why are Women More Exhausted after Video Conferencing?
April 22, 2021 07:16 PM AEST| By Team Kalkine MediaSummary Zoom fatigue refers to the exhaustive feeling of tiredness after prolonged video conferences. A new study from Stanford University found women are 13.8 percent more Zoom fatigue than men. Zoom overtook Google and Microsoft video apps d.....
ASML Holding Shares Rally on Higher 2021 Sales Estimate
April 22, 2021 10:20 AM AEST| By Team Kalkine MediaSummary The Dutch semiconductor equipment maker projects 2021 sales to grow 30 percent. First-quarter net sales rose to €4.36 billion from €2.44 billion in the year-ago period. Shares of ASML grew 61 percent on NASDAQ in 2020 and is .....
Palantir (NYSE:PLTR) Stock Climbs 135% Since September 2020 Debut
April 13, 2021 05:06 PM AEST| By Team Kalkine MediaSource: Bro Crock, Shutterstock Summary The data analytic firm went public on NYSE in September 2021 through a direct listing. Palantir’s revenue in 2020 rose 47 percent year-over-year to US$1.09 billion. The Denver-based company antici...
Facebook Removes 16,000 Groups over Fake, Misleading Reviews
April 10, 2021 06:36 AM AEST| By Team Kalkine MediaSource:pkstudio, Shutterstock Summary The UK competition watchdog finds evidence of fake reviews on Facebook and Instagram. The social media giant had removed 188 groups earlier after CMA highlighted such concern. The authority has also flagg...
How is Intel turnaround going?
March 25, 2021 05:15 PM AEDT| By Tribhuwants and raised first quarter FY21 guidance due to better trading conditions. Late last year, Third Point LLC Chief Executive Daniel Loeb asked the firm to improve shareholder value after buying a stake in Intel. He highlighted that Intel competi...
Apple Fends Off First Legal Challenge After App Privacy Changes
March 18, 2021 01:11 PM AEDT| By Team Kalkine MediaSource:Rido, Shutterstock Summary French competition authority deflects move against Apple over its new app privacy settings. Apple to restrict third-party access of its users’ browsing data through an opt-in option. Big Tech companies...
Zoom continues its wild ride, caps off FY21 with stellar Q4 results
March 02, 2021 08:08 PM AEDT| By Team Kalkine MediaSource:Ink Drop, Shutterstock Summary Zoom witnessed exceptional growth during the pandemic period, as more and more people started using the video calling app. The company delivered strong numbers for Q4 and FY21. Zoom is expecting robust gr...
Square Stock (NYSE:SQ) Trends After USD 170 million Bitcoin Investment
February 25, 2021 08:46 AM AEDT| By Team Kalkine MediaSource:TZIDO SUN, Shutterstock Summary Square Inc stock surges as company increases stake in Bitcoin to USD 220 million. Its revenues grew by 140 percent to USD 3.03 billion in the third quarter of 2020. It was among the top volume leaders, w...
Will Facebook and Google pull out of Australia?
February 19, 2021 05:30 AM AEDT| By Team Kalkine Mediaustralia plan is unclear for the moment but agrees to pay US media giant News Corp. News organizations and tech and social media companies have shared a symbiotic relationship until now, but that may change if Australia has its way. Canberra is...
Reddit Valuation Soars To $6 Billion After Latest Fundraiser
February 11, 2021 03:07 AM AEDT| By Kunal SawhneyRiding high on the wave of attention for the role of one of its communities wallstreetbets that sent the US stock market into a frenzy, social media giant Reddit raised $250 million in series E funding on Monday. Founded in 2003, the compa.....
Uber Acquires Alcohol-Delivery Service Drizly for USD 1.1 Billion
February 04, 2021 06:53 AM AEDT| By Team Kalkine MediaSource:structuresxx, Shutterstock Summary The deal is expected to give huge boost to Uber’s market position along with other services. Uber stocks were priced at around USD 56 a share at close on Tuesday. Covid restrictions have opened...
US tech giants’ Stocks to stay on a roll in 2021 after a stellar 2020
February 04, 2021 03:17 AM AEDT| By Team Kalkine MediaSource: SFIO CRACHO, Shutterstock Summary The developments surrounding COVID-19 have triggered an increased shift towards technology products and services. The past year has been an outstanding time for tech companies with staggering grow...
Here are 3 Trending Tech Stocks to Look at in 2021
February 03, 2021 04:47 AM AEDT| By Team Kalkine MediaSource:Things, Shutterstock Summary Tech stocks are on the move considering the sudden shift towards digital businesses observed over the last year. Three stocks that could make a mark in the coming year are: Veeva systems, iRobot and Qualcomm...
