Stock market
Why did Canoo (GOEV), Meredith (MDP) stocks jump on Friday?
September 24, 2021 05:28 PM PDT| By Team Kalkine MediaHighlights Canoo Inc. (NASDAQ: GOEV) reported a net loss of US$112.55 million in Q2, FY21. The GOEV stock tumbled 40.64 percent YTD. The total revenue of Meredith Corporation (NYSE: MDP) surged 17% YoY in Q4, FY21. The stocks of Canoo Inc.....
Earnings Alert: Accenture (ACN), Nike (NKE) post strong revenue growth
September 23, 2021 04:14 PM PDT| By Ipsita SarkarHighlights Accenture plc’s (NASDAQ: ACN) revenue was US$13.41 billion in Q4, FY21, compared to US$10.83 billion in the year-ago quarter. Nike, Inc’s (NYSE: NKE) revenue surged 16 percent YoY to US$12.24 billion in Q1, FY22. Accentu.....
Adobe (ADBE) revenue jumps 22%, FedEx (FDX) net income falls
September 21, 2021 04:51 PM PDT| By Team Kalkine MediaHighlights The revenue of Adobe Inc. (NASDAQ: ADBE) surged 22% YoY in Q3, FY21. ADBE expects its revenue to be around US$4.07 Bn in Q4, FY21. The GAAP revenue of FedEx Corporation (NYSE: FDX) was US$22.0 Bn in Q1, FY22. Stocks of Adobe In.....
CBOE Volatility Index (VIX) hits one-month high on Monday
September 20, 2021 02:36 PM PDT| By Sanjeeb BaruahTop sectors of the S&P 500 (SPX) fell on Monday declined as concerns over the pace of the global economic recovery grew after China’s second-largest real estate firm reported a massive liquidity crunch with a US$300 billion debt. Ten of .....
Top stocks to watch out this week
September 20, 2021 01:20 PM PDT| By Sanjeeb BaruahHighlights Zoominfo retained the No.1 position on the G2’s Fall 2021 Grid Reports on 26 grids. Nike, Inc. (NYSE: NKE) has a P/E ratio of 43.14 and a forward P/E ratio of 36.38. com, Inc. (NASDAQ: AMZN) has opened a fulfillment center i.....
Tesla (TSLA), Apple (APPL) stocks draw attraction amid market volatility
September 20, 2021 08:00 AM PDT| By Team Kalkine MediaHighlights The Tesla, Inc. (NASDAQ: TSLA) stock increased by 4.07% YTD. The stock value of Apple Inc. (NASDAQ: AAPL) rose by 12.87% YTD. AAPL reported a net income of US$21.74 billion in Q3, FY21, compared to US$11.25 billion in the year-ago q.....
Greenidge (GREE), Indaptus (INDP) among most searched stocks Wednesday
September 15, 2021 03:37 PM PDT| By Ipsita SarkarHighlights Bitcoin miner Greenidge Generation Holdings Inc (NASDAQ: GREE) completed a merger with Support.com on Tuesday. Greenidge began trading on NASDAQ under the ticker GREE on Wednesday. Indaptus Therapeutics Inc. (NASDAQ: INDP) receives .....
Why are Microsoft (MSFT), EV maker Rivian grabbing attention today?
September 15, 2021 09:36 AM PDT| By Sanjeeb BaruahThe Microsoft Corporation (NASDAQ: MSFT) stock was up 1.35 percent on Wednesday morning after announcing a share buyback plan worth US$60 billion, while the Michigan-based EV maker Rivian is catching the eyes of investors after rolling out the indu.....
Oracle (ORCL) stock dips, FuelCell (FCEL) rallies as earnings shine
September 14, 2021 11:30 AM PDT| By Sanjeeb BaruahHighlights The net income of Oracle Corporation (NYSE: ORCL) was US$2.45 billion in Q1, FY22. The gross profit of Fuelcell Energy, Inc. (NASDAQ: FCEL) was US$1.10 million in Q3, FY21. The ORCL stock soared 39.44 percent YTD; FCEL declined by 4.....
Day after IPO, SGML stock trades flat; EVCM pops after rating upgrade
September 14, 2021 10:51 AM PDT| By Sanjeeb BaruahHighlights Sigma Lithium Corporation (NASDAQ: SGML) has been in the news after it revealed plans to go net-zero emission by 2024. The company debuted in NASDAQ on Sep 13. EverCommerce Inc. (NASDAQ: EVCM) made stock market debut on July 1, 2021......
5 taper-proof stocks to keep an eye on after Fed’s stimulus rollback
September 14, 2021 09:27 AM PDT| By Ipsita SarkarHighlights The consolidated revenue of United Parcel Service, Inc. (NYSE: UPS) soared 14.5% YoY to US$23.42 billion in Q2, FY21. The sales and operating revenue of LyondellBasell Industries (NYSE: LYB) were US$11.56 billion in Q2, FY21. The ne.....
Five stocks to watch out this week
September 13, 2021 02:55 PM PDT| By Ipsita SarkarHighlights Apple Inc’s (NASDAQ: AAPL) planned launch of a new iPhone is drawing interest in the market. The stock had closed at US$148.97 on Sep 10. Zoom Video (NASDAQ: ZM) plans to upgrade its platform to stay in demand in the “sca.....
Aterian (ATER) & Energy Fuels (UUUU): Two trending stocks on Monday
September 13, 2021 09:23 AM PDT| By Sanjeeb BaruahHighlights Aterian, Inc. (NASDAQ: ATER) stock rallied after retail investors pushed the price up. Energy Fuels Inc (Canada) (AMEX: UUUU) stock jumped on increased uranium demand. ATER and UUUU stocks rose 192% and 36%, respectively, over the p.....
Top five volume-movers on Friday
September 10, 2021 06:40 PM PDT| By Sanjeeb BaruahHighlights IVERIC bio, Inc. (NASDAQ: ISEE) gained 62.49% on Friday. The YTD gain is 104.34%. Apple Inc. (NASDAQ: AAPL) declined 3.31% at the market close. It increased by 12.27% YTD. Endo International (NASDAQ: ENDP) gained 32.86% on Friday&ce.....
Why did Camber (CEI), Sonim (SONM) stocks fly high on Friday?
September 10, 2021 10:08 AM PDT| By Sanjeeb BaruahHighlights Camber Energy (AMEX: CEI) had increased its stake to 72% in Viking Energy in July. Sonim Technologies, Inc. (SONM) launched Klein’s headsets and RSMs on Thursday. Camber stock is up 178%, and Sonim’s share is up 31% in t.....
Seven rising small-cap stocks with over 50% YTD growth
September 09, 2021 04:30 PM PDT| By Ipsita SarkarHighlights Establishment Labs Holdings Inc’s (NASDAQ: ESTA) year-to-date stock price increased by 102.55%. Costamare Inc. (NYSE: CMRE) is a Monaco-based company whose stock price gained 89.98% YTD. Camtek Ltd. (NASDAQ: CAMT) has a P/E ra.....
Earnings Alert: RH (RH), Genius (GENI) stocks rise on Q2 results
September 09, 2021 09:51 AM PDT| By Sanjeeb BaruahHighlights RH (NYSE: RH) Q2 ended July 31, revenue was US$988.9 million, a 39% increase Year over Year. Genius Sports Limited’s revenue increased 108% YoY, to be US$55.8 million in the quarter ended June 30. RH gained 50.31% YTD and GENI.....
Why are GameStop (GME), Aterian (ATER) stocks trending?
September 09, 2021 09:13 AM PDT| By Team Kalkine MediaHighlights GameStop Corporation (NYSE: GME) reported a net loss of US$61.6 million in Q2 of fiscal 2021. The GME stock soared 1052.46% YTD. The stock value of Aterian, Inc. (NASDAQ: ATER) plummeted 46.45% YTD. The stocks of GameStop Corpo.....
Five Chinese stocks to watch amid regulatory crackdown
September 07, 2021 03:57 PM PDT| By Sanjeeb BaruahHighlights The Alibaba Group’s (NYSE: BABA) revenue rose 34% YoY to US$31.86 billion in the quarter ended June 30, 2021. NIO Inc’s (NYSE: NIO) total revenue surged 127.2% YoY to US$1.30 billion in Q2 of FY 2021. The total revenue o.....
Top five stocks to explore under US$50
September 05, 2021 12:17 AM PDT| By Team Kalkine MediaHighlights Pfizer, Inc. (NYSE: PFE) has a P/E ratio of 20.07. The stock closed at US$46.84 on Sep 1, 2021. It gained 27.31% YTD. Juniper Networks, Inc’s (NYSE: JNPR) P/E ratio is 47.73. The stock gave a 29.16% return YTD. CF Industries H.....