Stock market

US stocks are tumbling, but should you worry?

July 20, 2021 11:23 AM PDT| By Kiran Murali

Summary Wall Street witnessed a broad sell-off on Monday with a significant decline in airline and travel stocks. Investors seemed concerned about the increasing number of COVID cases after declining in the past months. The S&P 500 Index g.....

What is an American Depository Receipt?

July 16, 2021 10:36 AM PDT| By Kiran Murali

Summary American Depository Receipt, or ADR, represents a specified number of shares of a foreign company's stock. Foreign companies get access to a larger pool of international investors through ADR to raise funds for their operations and expa.....

Stocks in Focus: Wheels Up (UP) & Oxbridge Re (OXBR)

July 15, 2021 04:36 PM PDT| By Team Kalkine Media

Summary Wheels Up began trading on NYSE on July 14. The stock closed at US$11.55. Oxbridge Re was trading up after Custodian Ventures announced to buy 9.9% stake in OXBR. Wheels Up merged with Aspirational Consumer Lifestyle Corp. for the stoc.....

Why did TSM nosedive 5%, and CIDM skyrocket 37% on Thursday?

July 15, 2021 03:47 PM PDT| By Team Kalkine Media

Summary The stock of Taiwan Semiconductor (NYSE: TSM)nosedived more than 5% on Thursday. Cinedigm Corp., (NASDAQ: CIDM) stock skyrocketed 37%. Internal and external factor responsible for the baffling movement. The stocks of Taiwan Semico.....

Datasea, Jiuzi & US Energy Corp: Why these stocks jumped Wednesday?

July 14, 2021 03:15 PM PDT| By Sanjeeb Baruah

Summary Datasea Inc (Nasdaq: DTSS) jumped 27.30% after its subsidiary signed new purchase agreements. Jiuzi Holdings, Inc. (Nasdaq: JZXN) stock went up after signing an agreement to develop EV battery stations across China. US Energy Corp (Nas.....

What are FAANG stocks?

July 12, 2021 04:16 PM PDT| By Kiran Murali

Summary FAANG refers to the stocks of Facebook, Amazon, Apple, Netflix, and Alphabet. FAANG stocks’ market capitalization ranges from US$237 billion to over US$2 trillion. All five companies are included in the S&P 500 Index. FA.....

Can we buy SolarCity Stock?

July 12, 2021 01:11 PM PDT| By Sanjeeb Baruah

Tesla Inc. CEO Elon Musk was on Monday scheduled to testify in the Chancery Court in Delaware against the allegation of wrongful acquisition of SolarCity Corporation by the company in 2016. Tesla had acquired SolarCity Corp in November 2016. Follo.....

Six hot meme stocks to explore

July 12, 2021 11:31 AM PDT| By Team Kalkine Media

Summary Palantir Technologies Inc. (NYSE: PLTR) reported revenue of US$341 million in Q1, 2021, up 49% YoY. Canoo Inc. (Nasdaq: GOEV) has a market capitalization of US$2.1 billion. Clean Energy Fuels Corp (Nasdaq: CLNE) posted a net loss of US.....

Are ETFs good investment options for beginners?

July 08, 2021 03:42 PM PDT| By Team Kalkine Media

Summary There are more than 2100 Exchange Traded Funds (ETF) in market. ETFs present the combination of mutual fund and stocks. There are active and passive ETFs with different expense ratio. Where to invest money in the stock market? Tha.....

Carver (CARV), Urban One (UONE): 2 rising stocks on Thursday

July 08, 2021 02:57 PM PDT| By Team Kalkine Media

Summary Carver Bancorp’s stock price more than tripled, while Urban One jumped over 20 percent. Carver Bancorp’s share price is up approximately 425 percent this year. Urban One stock gained approximately 108 percent year to date. .....

Top Chinese stocks to watch on Nasdaq, NYSE

July 08, 2021 01:20 PM PDT| By Team Kalkine Media

Summary Tencent Music Entertainment Group (NYSE: TME) reported revenue of US$20.6 billion in Q1, 2021, an increase of 25 percent YoY. com, Inc. (Nasdaq: JD) reported net revenue of US$131 billion in Q1, 2021, up by 39 percent YoY. Baidu, Inc. .....

Is it better to invest in NYSE or NASDAQ?

July 07, 2021 04:47 PM PDT| By Team Kalkine Media

Summary Investors have options to trade in NYSE or NASDAQ shares or other securities listed with these two exchanges. These exchanges are unique in terms of listing requirements for companies, but not for investors. Choosing a stock is more vi.....

XELA, ONCS & OPNT: 3 trending stocks on Wednesday

July 07, 2021 02:59 PM PDT| By Kiran Murali

Stocks of Exela Technologies (NASDAQ: XELA), OncoSec Medical Incorporated (NASDAQ: ONCS) and Opiant Pharmaceuticals, Inc. (NASDAQ: OPNT) jumped more than 20 percent on Wednesday’s trading. Exela stock gained following the company’s upd.....

7 fastest-growing stocks that demand our attention

July 07, 2021 11:09 AM PDT| By Sanjeeb Baruah

Fastest growing stocks are shares of companies that grow at a faster pace than the average growth rate. These companies prefer to invest in new projects instead of offering dividends to shareholders. Here we explore seven stocks to understand thei.....