Stock market
Top earnings to watch this week: ZM, INTU, BBY, NVDA & BABA
May 23, 2022 01:56 PM PDT| By Team Kalkine MediaHighlights: Zoom Video Communications, Inc. will report its fiscal quarter ending April 2022 earnings on Monday after market close. Intuit Inc. shares traded at US$369.29 at 1:56 PM ET on May 23. As per market estimates NVIDIA Corporation&rsqu.....
StraightPath comes under SEC lens for pre-IPO stock fraud
May 22, 2022 01:26 PM PDT| By Team Kalkine MediaHighlights: SEC has charged StraightPath Venture Partners LLC for committing fraud over pre-IPO. StraightPath is a self-proclaimed boutique private equity firm based in Jupiter, Florida. SEC alleges that StraightPath conducted several “P.....
How soon will FAANG stocks see a bull run?
May 19, 2022 10:22 AM PDT| By Team Kalkine MediaHighlights: FAANG stocks plummeted close to 37% in 2022, the year of the tech rout. The S&P 500 tumbled 16% YTD in 2022. FAANG stocks’ combined market valuation is US$7 trillion. It has been a roller coaster ride for investors a.....
Warren Buffett packs a punch as he goes bottom-fishing for stocks
May 16, 2022 11:56 AM PDT| By Team Kalkine MediaHighlights: Warren Buffett’s eternal advice to investors: Be greedy when others are fearful. Berkshire bought 901,768 shares of Occidental Petroleum Corp. (NYSE: OXY) last week. Buffett’s Berkshire took up an 11% stake in HP Inc. (.....
WMT, CSCO, & HD: Three stocks to watch this week
May 16, 2022 07:51 AM PDT| By Team Kalkine MediaHighlights: WMT to report its first-quarter results for FY2023 on May 17, 2022. Cisco’s revenue for fiscal 2021 was US$49.8 billion. HD’s net earnings were US$16.4 billion or US$15.53 per diluted share for fiscal 2021. Investo.....
BBW, TPR & AMN: Top 3 stocks to explore on Mother’s Day
May 08, 2022 10:55 AM PDT| By Team Kalkine MediaHighlights: Build-A-Bear Workshop, Inc. (NYSE: BBW) has a market cap of US$308.73 million. Tapestry, Inc. (NYSE: TPR) posted revenue of US$2.14 billion in Q2 of fiscal 2022. AMN Healthcare Services (AMN) posted Q1 revenue of US$1.553 billion o.....
DKNG, DASH & SQ: 3 hot stocks to watch after upbeat Q1 results
May 06, 2022 11:52 AM PDT| By Team Kalkine MediaHighlights: DraftKings Inc. (Nasdaq: DKNG) reported Q1 2022 revenue of US$417 million on Thursday. DoorDash (NYSE: DASH) posted revenue of US$1.5 billion in the first quarter. Block, Inc. (NYSE: SQ) posted revenue of US$3.96 million in Q1. .....
From MSFT to EXPE: Top US companies that accept cryptocurrencies
May 03, 2022 01:27 PM PDT| By Team Kalkine MediaHighlights: Top companies accepting cryptocurrency is a huge boost to the digital currency world. Major companies like Microsoft, Home Depot, Expedia Group Inc., etc., have started accepting bitcoin during transactions. Microsoft has been acce.....
Five Chinese internet tech companies to watch: BABA, JD to WB
May 01, 2022 11:23 AM PDT| By Versha JainHighlights Alibaba Group Holding Limited (NYSE: BABA) has a P/E of 24.37 and a forward P/E for one year of 13.65. com, Inc. (NASDAQ: JD) has a forward P/E for one year of 46.31. NetEase, Inc.’s (NASDAQ: NTES) P/E ratio is 23.53, and the .....
Top Metaverse ETFs to watch in Q2: METV, MTVR, VERS, FTEC & PUNK
April 07, 2022 10:42 AM PDT| By Versha JainThe metaverse is considered the next generation of the internet. The metaverse concept caught people's imagination after Facebook rebranded itself as Meta Platforms (FB) Inc last year. Many large companies, including startups, are entering the meta.....
Elon Musk becomes Twitter’s biggest shareholder after 9.25% stake
April 04, 2022 12:42 PM PDT| By Team Kalkine MediaHighlights Elon Musk buys 9.25% stake in Twitter. Twitter shares rose after news of his purchase. Musk, the world’s richest man, is known for his abrasive relationship with Twitter. Musk signaled about creating a new social media platfor.....
From XOM to CVX: 5 top performing stocks in Q1, FY22
April 02, 2022 01:39 PM PDT| By Versha JainHighlights Chevron Corporation (NYSE: CVX) has aP/E ratio of 20 and a dividend yield of 3.43%. Exxon Mobil Corporation's (NYSE: XOM)P/E ratio is 15.32, and the yield is 4.2%. EOG Resources, Inc.'s (NYSE: EOG)dividend yield is 2.48%, and the P/.....
Are MKL, BKNG, EQIX, ORLY & ASML going for next stock splits?
April 01, 2022 10:52 AM PDT| By Team Kalkine MediaHighlights Markel Corporation (MKL) shares soared around three times in the last decade. Booking Holdings (BKNG) is the parent company of Priceline and Booking.com. Equinix Inc. (EQIX) did a 1-for-32 reverse split in 2002 to reduce its outstan.....
5 biggest stock scams that investors wish were April Fools’ Day hoaxes
March 31, 2022 03:18 PM PDT| By Team Kalkine MediaHighlights Any day can turn out to be an April Fools’ Day for an investor who is inexperienced and who tests the depth of the water with both legs. Diversification of one’s portfolio is always a safe bet. The year 2002 proved to be.....
Five ESG stocks to watch in Q2: AA, TECK, CVX, HAL & CVX
March 31, 2022 11:48 AM PDT| By Versha JainHighlights Alcoa Corporation (NYSE: AA) has been included in the S&P Global’s Sustainability Yearbook 2022 to recognize its contribution to sustainable projects. Teck Resources Ltd (NYSE: TECK) aims to achieve net-zero Scope 3 (value .....
Dow, S&P, Nasdaq rally after selloff, oil drops; NVDA, AMD surge
March 24, 2022 12:51 PM PDT| By Rupam RoyBenchmark US indices closed higher on Thursday, March 24, boosted by gains in big technology stocks as crude oil prices dropped more, lifting investors’ sentiments on Wall Street. The S&P 500 gained 1.43% to 4520.16. The Dow Jones rose 1.0...
JD to PDD: Top US-listed China stocks to watch as crackdown fears ease
March 17, 2022 01:48 PM PDT| By Versha JainThe segment for the US-listed Chinese stocks on NASDAQ rallied on Wednesday to its highest level since mid-March last year after the state media reported the government would ease the crackdown on tech companies, and China and the US were in talks .....
OXY, CVX, KR among top 5 Warren Buffett stocks to watch now
March 10, 2022 12:27 PM PST| By Versha JainHighlights Berkshire Hathaway has outperformed the benchmark S&P 500 index in one year. A large part of its investment still goes to AAPL, BAC, AXP and KO. As of Dec 31, 2021, Berkshire Hathaway’s portfolio had more tha.....
From BABA to BIDU: How these top 5 US-listed Chinese stocks fared?
March 10, 2022 11:34 AM PST| By Rupam RoyHighlights Alibaba Group Holding Limited (NYSE: BABA) revenue jumped 10% YoY for the quarter ended December 31, 2021. JD.com, Inc. (NASDAQ: JD) net revenue rose 23% YoY in Q4, FY21. Baidu, Inc. (NASDAQ: BIDU) revenue rose 21% YoY in fiscal 202.....
Will Aramco outstrip AAPL again as world’s most valuable company?
March 09, 2022 11:50 AM PST| By Sanjeeb BaruahHighlights Apple Inc’s shares dropped 11% YTD amid a broad market selloff. Aramco is expected to report its earnings later this month. Apple has announced several new products at its annual event on Tuesday. Oil major Saudi Aramco s.....