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COVID-19 pandemic confined everyone to their homes for the most of 2020. Going by the rulebook, social gatherings got confined to video calls, eating out no longer meant dine in and travel ban took away the joy of travel and exploration. However, wi...

• May 13, 2021 09:06 PM PDT
• Team Kalkine Media

Penny stocks are considered as a high-risk investment due to their volatile nature. But lower price points and the potential for high returns make these stocks attractive. In this article, we explore three penny stocks on investors’ radar: W...

• May 13, 2021 06:12 PM PDT
• Team Kalkine Media

Summary Florida-based marijuana company Trulieve (TCNNF) has acquired Harvest Health’s cannabis arm for a record US$2.1 billion in the biggest deal for the US cannabis industry to date. It will now have a presence in 11 states from its cu...

• May 13, 2021 04:41 PM PDT
• Team Kalkine Media

Summary Alibaba’s revenues up 64% YoY to US$28.6, with adjusted earnings of US$1.58 a share. Loss of US$1.1 billion due to penalty of US$2.7 billion in antitrust probe by Chinese regulators. The company plans to invest more in growth-ori...

• May 13, 2021 03:31 PM PDT
• Team Kalkine Media

The benchmark U.S. stock indexes S&P 500, Dow Jones, and the NASDAQ Composite staged a comeback on Thursday, May 13, snapping a three-day losing streak. The blue-chip index Dow Jones gained 434 on Thursday while S&P 500 and tech-savvy NASDAQ...

• May 13, 2021 03:29 PM PDT
• Team Kalkine Media

Summary 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...

• May 13, 2021 01:59 PM PDT
• Team Kalkine Media

Technology 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...

• May 13, 2021 01:04 PM PDT
• Team Kalkine Media

In a major boost to the renewable energy sector, the Biden administration has approved the country's largest wind farm project valued at around US$2.8 billion. The farm will be jointly developed by Vineyard Wind LLC., Avangrid (NYSE: AGR), and Cop...

• May 13, 2021 11:36 AM PDT
• Team Kalkine Media

Summary Tesla is one of the eight companies that submitted applications with the Environmental Protection Agency (EPA) for power generation and renewable credits. Then-President George W. Bush created the Renewable Fuel Standard (RFS) program t...

• May 13, 2021 10:01 AM PDT
• Team Kalkine Media