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Technology
5 FTSE Technology Stocks to Keep on Your Radar for The Month of June
May 26, 2021 05:27 PM AEST| By AbhijeetUK technology sector has been at the forefront to minimise the wrath of the pandemic. Showing immunity against COVID-19, the sector reported an above-average annual growth of 26.7% in its revenue on a year-on-year basis in the first quarter of 2021.....
What Led Goldman Sachs Acquire Stake in UK’s ComplyAdvantage
May 20, 2021 07:09 PM AEST| By Suhita PoddarUK-based fintech company ComplyAdvantage announced a new investment worth up to US$ 20 million from the Growth Equity Team of US-based Goldman Sachs Asset Management. The investment is an extension of the fintech company’s oversubscribed ser.....
Micro Focus Shares Surge on Beating Market Estimates for H1 Earnings
May 19, 2021 02:20 AM AEST| By AbhijeetSummary The H1 2021 revenue is expected to be above market expectations at US$ 1.4 billion The FTSE 250 firm had a cash reserve of US$ 0.7 billion by the end of this April. Shares of Micro Focus International Plc (LON: MCRO) jumped over 10.....
FTSE 100-listed Sage Group witnessed a growth in organic recurring revenue during H1 FY21
May 15, 2021 02:26 AM AEST| By Team Kalkine MediaSummary SGE had shown organic recurring revenue growth of around 4.4% during H1 FY21. SGE will pay an interim dividend of 6.05 pence per share on 18 June 2021. SGE had anticipated FY21 recurring revenue growth at the top end of the range betwe.....
Musk Impact: 3 FTSE Blockchain Stocks Suffer Sharp Drop in Trade Today
May 14, 2021 12:24 AM AEST| By Suhita PoddarSummary Electric vehicle giant Tesla founder Elon Musk announced the company would stop accepting Bitcoin as a form of payment due to its high energy consumption and its effect on the climate. The news led to a crash in cryptocurrency and block.....
Amazon Dodges US$300 Million EU Tax Order
May 13, 2021 09:23 AM AEST| By Team Kalkine MediaSummary European judges noted that the European Commission failed to show proof of preferential treatment to Amazon by Luxembourg. European Commissioner for Competition Margrethe Vestager had filed the tax evasion case against Amazon. In 2020,.....
Google And Facebook In Focus as Government Urged to Make Tech Giants Liable for Frauds
May 07, 2021 08:24 PM AEST| By Suhita PoddarSummary Online scams have multiplied during the pandemic period as consumers are spending more online. A whopping amount of £1.7 billion was lost during 2020 due to frauds in the UK. In this regard, some organisations have urged the gover.....
UK's Arrival to Make an Electric Taxi for Uber
May 05, 2021 04:20 PM AEST| By Suhita PoddarSummary Arrival and Uber to produce electric taxis by 2023. The design of the car would be unveiled by the end of 2021 itself. The startup aims to build an affordable and purpose-built car for Uber drivers. UK-based electric van and bus m.....
What significant factors led Argo Blockchain to deliver mining revenue growth during April 2021?
May 05, 2021 02:57 AM AEST| By Team Kalkine MediaSummary ARB had shown revenue growth of around 120% from £8.6 million in FY19 to £0 million during FY20. The Company has 936 Bitcoin or Bitcoin Equivalent (“BTC”) at the end of April 2021. The average monthly mining mar.....
Amazon’s Net Profit More Than Triples In Q1 As Revenue Hits US$100B
April 30, 2021 11:00 AM AEST| By Team Kalkine MediaAmazon.com, Inc.’s (NASDAQ: AMZN) net income has more than tripled in the first quarter of 2021, backed by strong revenue growth in e-commerce and cloud business, the company said in its earnings report on Thursday, April 29. The technology .....
5 LSE Technology Stocks to Keep an Eye on in 2021
April 29, 2021 02:44 AM AEST| By Suhita PoddarThe technology sector, which remained on the forefront during the pandemic, is experiencing a hiring boom in the UK. In Q1 2021, the industry witnessed the fastest rise in employment since Q2 2019. The surge is mainly on account of growing remote w.....
Microsoft’s (NASDAQ:MSFT) Q3 Net Profit Up 44% On Cloud Growth
April 28, 2021 09:05 AM AEST| By Team Kalkine MediaSummary Microsoft’s total revenues rose 19% to US$41.7 billion, while its operating income jumped 31% to US$17 billion in the quarter ended March 31, 2021. Microsoft stocks (NASDAQ:MSFT) were trading flat at US$261.97 at 4:00 pm ET on Tue.....
Amazon Stocks (NASDAQ:AMZN) Shine On Stock Split Hopes
April 28, 2021 04:24 AM AEST| By Team Kalkine MediaSummary News of Amazon stock split draws fresh attention to the stocks, whose value jumped nearly 44% over the past year. Amazon is likely to announce its latest quarterly results later this week. Amazon’s net sales had risen by 38% in 2.....
What Led to the Sudden Spurt in Crypto Miner Argo Blockchain Stocks?
April 22, 2021 05:12 PM AEST| By Suhita PoddarArgo Blockchain Plc (LON: ARB) shares witnessed a sharp surge in last session trading after the London-listed Blockchain company revealed its plans for a new cryptocurrency mining facility in West Texas. ARB shares surged 26.90 per cent to close at.....
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What significant factors led D4T4 Solutions to report strong performance during H2 FY21?
April 20, 2021 01:15 AM AEST| By Team Kalkine MediaSource: SFIO CRACHO, Shutterstock Summary D4T4 Solutions PLC had anticipated revenue of approximately £22.8 million during FY21 ending 31 March 2021. D4T4 had announced six new contract wins worth around £3.0 million of revenues on...
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Cross Border Actions in Tech Stocks: Mode, Equiniti and D4t4
April 19, 2021 11:37 PM AEST| By Suhita PoddarSource: TippaPatt, Shutterstock Summary Fintech player Mode Global files for OTCQB trading in the US. Siris Capital of the US submits a non-binding offer to acquire Equiniti. D4T4 continues geographic expansion with the opening of an APAC off...
5 LSE Tech Stocks One May Consider for Long-Term Investment
April 17, 2021 09:26 AM AEST| By Team Kalkine MediaSource: ESB Professional, Shutterstock Summary Tech stocks have multiplied investors’ wealth by 2.5 times in past one year. Investment in tech stocks is imperative to build a good portfolio. In today’s world, exposure...
2 Tech Stocks on a Roll Despite Pandemic Uncertainty
April 17, 2021 12:19 AM AEST| By Suhita PoddarSource: Sergey Nivens, Shutterstock Summary Accsys, with its ESG strategy and constant revenue growth, is all set to ride the decarbonisation demand trend. Despite the uncertainties around Covid-19, Kainos is looking ahead to a strong...
Pandemic Impact: Orders for Deliveroo And Just Eat Takeaway Surge Exponentially
April 16, 2021 01:30 AM AEST| By AbhijeetSource: goffkein.pro, Shutterstock Summary The crisis helped the food delivery business flourish, with everyday growing demand. Deliveroo’s group orders shoot up 114 per cent to £71 million as compared to first quarter last year....
Deliveroo Share Shows Brief Spurt as Retail Investors Begin to Trade
April 08, 2021 05:24 PM AEST| By AbhijeetSource: Hananeko_Studio, Shutterstock Summary Deliveroo stock initially edged higher on Wednesday as the retail investors were allowed to trade their shares. The food delivery group had an initial market valuation of £7.59 billion via a...
