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Stock market
Are you an ETF fan? Here’re five rising retail ETFs to explore in Q4
October 08, 2021 06:34 PM PDT| By Sanjeeb BaruahHighlights The SPDR S&P Retail ETF (XRT) gave around 41% return YTD. Its closing price was US$89.63 on Oct 6. The First Trust Nasdaq Retail ETF (FTXD) gave a YTD return of 20.44%, and its dividend yield is 1.03. VanEck Retail ET.....
Why are Ford (F), Plug Power (PLUG) stocks gaining traction today?
October 08, 2021 09:00 AM PDT| By Sanjeeb BaruahHighlights Ford Motor Company (NYSE: F) to suspend operation in the Mexico plant for two days due to material shortage. Plug Power, Inc. (NASDAQ: PLUG) stock has been rising since the announcement of a joint venture with South Korea&rsquo.....
Will these Chinese stocks benefit from a Biden-Xi summit?
October 07, 2021 05:32 PM PDT| By Sanjeeb BaruahHighlights President Joe Biden and China’s Xi Jinping likely to hold a virtual meeting later this year. Pinduoduo Inc’s (NASDAQ: PDD) revenue jumped 89% YoY in Q2, FY21. Baidu, Inc’s (NASDAQ: BIDU) total revenue grew by 20% Y.....
Why did Oatly (OTLY), Arrival (ARVL) stocks pop in intraday trading?
October 07, 2021 03:54 PM PDT| By Ipsita SarkarHighlights The Oatly Group (NASDAQ: OTLY)stock jumped over 9% in intraday trading on Thursday, but the trading price was lower than its IPO price of US$17 per share. Arrival Ltd (NASDAQ: ARVL) stock jumped over 7% after the UK government&r.....
Are these stocks safe from inflation, currency fluctuations?
October 07, 2021 02:00 PM PDT| By Sanjeeb BaruahHighlights Inflation rose by 5.3% in the 12 months to August, the Labor Department said. The US Dollar Index (DXY) jumped 1.88% in the past three months and 4.69% YTD. Typically, when inflation rises, the value stocks benefit, but growth stock.....
Grom Social (GROM), Rocket Lab (RKLB) stocks rally after recent deals
October 07, 2021 10:43 AM PDT| By Ipsita SarkarHighlights Grom Social Enterprises, Inc. (NASDAQ: GROM) has recently acquired Curiosity Ink, which is currently working on a theatre project called "The Pirate Princess." Rocket Lab USA, Inc. (NASDAQ: RKLB) has recently bagged a NASA contract f.....
Earnings Alert: Lamb (LW), Tilray (TLRY) post solid quarterly revenue
October 07, 2021 09:27 AM PDT| By Ipsita SarkarHighlights Lamb Weston Holdings, Inc’s (NYSE: LW) net sales jumped 13% to US$984.2 million in Q1, 2021. Lamb Weston’s upcoming ex-dividend date is Nov 04, 2021, for a dividend of US$0.235. Tilray, Inc’s. (NASDAQ: TLRY) revenu.....
Constellation (STZ), Acuity (AYI) post strong quarterly sales growth
October 06, 2021 08:59 AM PDT| By Ipsita SarkarHighlights Net sales of Constellation Brands, Inc. (NYSE: STZ) ticked up 5% in Q2, FY22. Net sales of Acuity Brands, Inc. (NYSE: AYI) surged 11.4% YoY in Q4, FY21. STZ expects its beer sales to grow between 9% and 11% in fiscal 2022. Cons.....
Are clean energy ETFs good bet amid rising oil and gas prices?
October 05, 2021 03:38 PM PDT| By Team Kalkine MediaHighlights With the soaring oil and gas prices, substitute energy sources are likely to be in demand. Exchange-traded funds are considered a safer way to invest in the stock market. Clean or renewable energy might have a bright future under th.....
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Key dividend dates: Why are they important for investors?
October 04, 2021 03:47 PM PDT| By Ipsita SarkarHighlights Companies announce a dividend date or declaration date, besides setting the record date and the payment date for dividend payments. Furthermore, the stock exchange sets the ex-dividend date, generally one working day before the recor.....
Top stocks, quarterly earnings to watch this week
October 04, 2021 01:31 PM PDT| By Sanjeeb BaruahHighlights PepsiCo, Inc. (NASDAQ: PEP) will release its quarterly earnings on October 5. Constellation Brands, Inc. (NYSE: STZ) is expected to release its Q2, FY22 earnings on October 6. Levi Strauss & Co’s (NYSE: LEVI) revenue surge.....
Otonomo (OTMO) & Amplify (AMPY): Two trending stocks on Monday
October 04, 2021 09:16 AM PDT| By Ipsita SarkarHighlights The Otonomo Technologies Ltd. (NASDAQ: OTMO) stock rose over 16% in pre-market trading on Oct. 4. The revenue of Amplify Energy Corp. (NYSE: AMPY) rose to US$80.39 million in Q2, FY21, from US$72.46 million in the previous quarter. .....
Meme stocks GameStop (GME), AMC (AMC) attract investors’ interest
October 01, 2021 11:50 AM PDT| By Ipsita SarkarHighlights The GameStop Corporation (NYSE: GME) stock increased by 917.22 percent YTD. AMC Entertainment Holdings, Inc. (NYSE: AMC) stock grew by 1793.53% YTD. GME’s net sales were US$1.18 billion in Q2, FY21. Stocks of GameStop Cor.....
Dole (DOLE), Progenity (PROG) & Meten (METX): Stocks stealing the show
September 30, 2021 11:56 AM PDT| By Sanjeeb BaruahHighlights Dole plc (NYSE: DOLE) stocks surged seven percent as fresh and organic food movement gains momentum across the US. Progenity, Inc. (Nasdaq: PROG) stocks jumped 21 percent as healthcare is in focus. Meten Holding Group Ltd. (Nasdaq.....
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Farmmi, (FAMI) Grom (GROM) stocks jump as they bask in limelight
September 30, 2021 11:12 AM PDT| By Ipsita SarkarHighlights Farmmi Inc’s (NASDAQ: FAMI) revenue came in at US$17.79 Mn in the first half of FY21. Grom Social Enterprises Inc’s (NASDAQ: GROM) sales were US$1.38 Mn in the June quarter. The stock value of GROM surged 79.32% YTD. .....
Earnings: Paychex (PAYX), McCormick’s (MKC) quarterly sales grow
September 30, 2021 09:31 AM PDT| By Ipsita SarkarHighlights Paychex, Inc. (Nasdaq: PAYX) stocks rose Thursday after reporting solid Q1 earnings. Paychex reported total revenue of US$1 billion in the first quarter of 2021. McCormick’s (NYSE: MKC) operating income declined to US$265 mill.....
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Why did Virgin Galactic, Camber Energy stocks fly on Thursday?
September 30, 2021 08:58 AM PDT| By Ipsita SarkarHighlights Virgin Galactic Holdings, Inc. (NYSE: SPCE) stock jumped 7% after the Federal Aviation Administration (FAA) closed a probe into its July 11 spaceflight. Camber Energy, Inc. (AMEX: CEI) stock soared 15.50% gain in the pre-market.....
Boeing (BA), Dollar Tree (DLTR) stocks jump on PBL deal, share buyback
September 29, 2021 03:10 PM PDT| By Team Kalkine MediaHighlights The US Defense Department has extended the Boeing Company’s (NYSE: BA) PBL contract. The contract is valued at approximately US$23.8 billion. Boeing has been providing PBL support to the C-17 fleet since 1998. Doll.....
Cintas (CTAS), Jabil (JBL) stocks in focus after higher quarterly revenue
September 29, 2021 08:11 AM PDT| By Team Kalkine MediaHighlights Cintas Corporation’s (NASDAQ: CTAS) revenue increased by 8.2% YoY in Q1, FY22. Jabil Inc. (NYSE: JBL) reported a revenue of US$29.28 Bn in the fiscal year 2021. JBL expects its Q1, FY22, revenue to be between US$8.0 Bn and US$.....
Top five stocks to keep an eye on this week
September 27, 2021 01:24 PM PDT| By Sanjeeb BaruahHighlights Toyota Motor Corporation (NYSE: TM) stock traded at US$186.01, the highest in 52-weeks, at 12:02 pm ET. It gave a 34% return in one year. Charles Schwab Corporation (NYSE: SCHW) stock traded at US$77.19, with a 2.12% gain at 12:04 pm.....
