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Technology
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Apple Taps Bond Market for the Third Time Amidst Aggressive Share Buybacks and Dividends
February 03, 2021 01:08 PM AEDT| By Team Kalkine MediaApple Inc plans to sell USD 14 billion worth of bonds in order to take advantage of the current cheap borrowing cost, tapping the market for the third time since May 2020. while funding operations like share buybacks. Image Source: © Kalkine...
How Kainos Group managed to enhance its trading performance despite Covid-19 pandemic?
January 28, 2021 02:14 AM AEDT| By Team Kalkine MediaKainos Group Plc (LON: KNOS) is the FTSE 250 listed technology stock. The Company is the leading IT services provider based in the UK. KNOS’s shares have generated a return of about 46.85% in the last 12 months. The FY21 results of the Compa.....
Alibaba (NYSE:BABA) Stocks Surge As Jack Ma Resurfaces After 3 Months
January 21, 2021 01:43 AM AEDT| By Team Kalkine MediaChinese business magnate Jack Ma finally reappeared in the public eye on Wednesday, January 19, after months of speculation about him missing since slamming the Chinese government back in October. A clip* of Mr Ma delivering a speech at the online.....
Google acquires Fitbit in USD 2.1 billion deal, Regulatory Probe Continues
January 15, 2021 03:50 PM AEDT| By Team Kalkine MediaThe market leader in the online advertising business, Alphabet-owned Google, has completed the health device producer Fitbit's acquisition worth USD 2.1 billion. Image source: pixabay The mega-company announced it on 14 January 2021. The .....
The spotlight on Affirm and its bearing on the Market
January 15, 2021 01:36 PM AEDT| By Kunal SawhneyBNPL sector got a momentum ever since the beginning of the pandemic. The concept of 'Buy Now Pay Later' is clicked during a period when consumers were facing financial crunch and prefer to pay in instalments rather than making payment in one go. Th.....
Jack Ma-Xi Jinping Standoff: The Battle Between Chinese Govt vs Private Tech
January 13, 2021 08:49 PM AEDT| By Team Kalkine MediaAfter speculation of billionaire entrepreneur Jack Ma missing for two months, reports now claim that the Chinese government is seeking to nationalize his billion-dollar companies, Alibaba and the Ant Group. The rumors come in the backdrop of a Chines...
Twitter & Facebook Stocks Plunge As Trump-backed Investors Retract
January 12, 2021 12:14 AM AEDT| By Kunal SawhneyTwitter Inc. (TWTR:US or NYSE: TWTR) and Facebook Inc. (FB:US or NASDAQ: FB) stocks declined in the early trading hours of Monday (January 11, 2021) after the social-media giants banned US President Trump's account. This pan-social media ban against...
Tesla Boss Elon Musk Dethrones Jeff Bezos To Become World’s Richest Person
January 08, 2021 03:21 AM AEDT| By Team Kalkine MediaTesla Inc (NASDAQ:TSLA, TSLA:US) and SpaceX founder Elon Musk finally zoomed past Amazon Inc head Jeff Bezos, to earn the title of the richest person in the world. His net worth is now over US$ 185 billion. The near three-per cent jump in Tesla&rsqu...
Oxford-based company Oxbotica raised $47 million in the latest funding round
January 06, 2021 07:16 PM AEDT| By Kunal SawhneySummary The self-driving startup software, Oxbotica announced today that it had picked up $47 million in the latest funding round The funding involved a mix of investors including BP PLC (LON: BP) and Halma PLC (LON: HLMA) among others Eng.....
IDE Group Holdings PLC (LON: IDE) Wins A New Contract; Shares Zoom Almost 300%
January 05, 2021 01:43 AM AEDT| By Kunal SawhneySummary The shares of IDE Group Holdings PLC skyrocketed after it bagged a contract with an existing customer within its partnership channel. The IDE Group is to receive services from its partner valuing £22.5 million over the course of n.....
5 Top Tech Stocks to Watch in 2021
December 27, 2020 11:32 AM AEDT| By Kunal SawhneySummary Amid the Covid-19 pandemic disruptions, tech stocks have shown exceptional momentum in 2020 The rapid shift digitalisation in the fields of entertainment, shopping and working due to the pandemic will continue to reap the rewards for ma.....
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Cisco to Acquire IMImobile (LON: IMO) in a $730 Million Deal
December 08, 2020 05:09 PM AEDT| By Team Kalkine MediaSummary Cisco is all set to acquire UK-based cloud communications firm IMImobile PLC in a $730 million deal IMImobile team will join Cisco’s Contact Center business division as part of the deal After the deal, Cisco will be able to provi.....
Why is Sage Group making significant investments in cloud-computing platforms?
November 25, 2020 01:07 AM AEDT| By Team Kalkine MediaSummary Sage Group Plc has reported organic total revenue growth of 3.7% during FY20. The Company expects to show a 3% drop in organic operating margin in FY21. Sage cloud-based organic revenue has seen a significant rise of 30% during FY20. .....
Which FTSE Technology Stocks Still Look Attractive?
November 22, 2020 02:28 AM AEDT| By Kunal SawhneySummary The technology businesses have presented a resilient business model during the Covid-19 pandemic Many technology stocks have outperformed despite the economic fallout and unprecedented challenges prevailing in the trading environment. .....
What all you need to know about these two FTSE AIM listed technology stocks: Blue Prism Group & Idox?
November 20, 2020 02:16 AM AEDT| By Kunal SawhneySummary Blue Prism Group Plc is expecting a 40% increase in revenues during FY20. The Company has added 490 new customers in FY20. Idox Plc has reported a 4% increase in the sales during FY20. The Company has exited its sub-scale operations i.....
How well are these two LSE players performing after releasing their financial results: Vodafone Group & Softcat?
November 18, 2020 03:24 AM AEDT| By Kunal SawhneySummary Vodafone Group Plc has reported a revenue decline of 2.3% during H1 FY21. The Company has acquired the TDD spectrum from the National Telecommunications Regulatory Authority. Softcat Plc has reported a revenue increase of 8.6% year-on-.....
Post-Brexit market: Sunak mulls UK public listings overhaul to lure tech giants
November 10, 2020 01:45 AM AEDT| By Hina ChowdharySummary The "free float" requirement for a premium main market listing could be reduced Businesses might be allowed to hold dual class share structures Tech giants have delivered handsome returns since inception in the past The te.....
Innovative Eyewear Inc- Meet the Team Working Relentlessly to Upgrade the World's Eyewear
November 06, 2020 09:30 PM AEDT| By Team Kalkine MediaSummary Innovative Eyewear’s team is passionate about making smart eyewear affordable and available for everyone. The smart eyewear being developed by the company is not only edgy and fashionable, but also offers a range of useful Bluetoo.....
Tekcapital’s Portfolio Company Lucyd Ltd. Strengthens Its IP Position with IoT Utility Patent & 13 Design Patents
November 03, 2020 01:18 AM AEDT| By Team Kalkine MediaSummary Lucyd Ltd has been allowed the IoT Utility Patent from the United States Patent and Trademark Office Besides, the company has also been granted 13 smartglass design patents, which cover a range of smart eyewear styles Tekca.....
Top 10 technology stocks to look at
October 30, 2020 01:36 AM AEDT| By Team Kalkine MediaSummary UK tech stocks have continued to perform well in relation to the broader equity market. The tech sector in UK was relatively less impacted by the pandemic. Fintech and internet service providing companies have done brisk business during.....
