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Technology
EBay, Baidu & Coupang take the limelight after bumper Q2 sales
August 12, 2021 09:05 AM PDT| By Team Kalkine MediaHighlights Ebay’s (Nasdaq: EBAY) net income in Q2 was US$294 million or US$0.43 per share. Coupang’s (NYSE: CPNG) total revenue in Q2 was US$4.4 billion, up 71 percent YoY, and the EBITDA was US$122 million, an increase of 114 perce.....
NortonLifeLock, Avast to merge into an USUS$8.6 billion antivirus empire
August 11, 2021 09:20 AM PDT| By Team Kalkine MediaSummary The Arizona-based NortonLifeLock, formerly Symantec, sells antivirus, spyware, malware, and other cybersecurity products. Avast CEO Ondrej Vlcek said its shareholders would receive a mix of cash and shares. The deal is expected to be c.....
Why are Palantir (PLTR), Roblox (RBLX) stocks trending today?
August 09, 2021 05:13 PM PDT| By Team Kalkine MediaSummary Palantir Technologies (PLTR) stock rose 5.09% from the previous close, while Roblox Corporation (RBLX) stock ticked up 9.74% at the market close. Palantir is expected to report its June quarter earnings report on Thursday, August 12. R.....
When virtual world gets real: Top metaverse stocks to explore
August 09, 2021 04:40 PM PDT| By Team Kalkine MediaSummary Facebook, Inc. (NASDAQ: FB) has a P/E ratio of 26.79. The stock closed at US$363.51 on Aug 6 and gained 32.38% YTD. Microsoft Corporation (NASDAQ: MSFT) P/E ratio is 35.81. The stock returned 29.63% YTD and closed at US$289.46 on Aug 6......
Five e-commerce stocks that could beat the pandemic blues
August 09, 2021 01:43 PM PDT| By Team Kalkine MediaSummary Overstock.com (NASDAQ: OSTK) has a P/E ratio of 9.4 and gave a 48.18% return YTD. Shopify Inc. (NYSE: SHOP) has a P/E ratio of 79.47, and the stock gained 36.34% YTD. Wayfair Inc.’s (NYSE: W)P/E ratio is 87.29. The stock rose 23......
Eight popular Nasdaq technology stocks under US$50
August 06, 2021 05:32 PM PDT| By Team Kalkine MediaSummary McAfee Corp.’s (NASDAQ: MCFE) dividend yield is 1.61%. The stock saw 82.32% growth YTD. Avid Technology (NASDAQ: AVID)has a P/E ratio of 48.1. Its stock grew 80.62% YTD. Super Micro Computer (NASDAQ: SMCI) gave a 23.50% retu.....
Trending stocks: Switch (SWCH), Yelp (YELP)
August 06, 2021 12:22 PM PDT| By Kiran MuraliData center operator Switch, Inc. (NYSE: SWCH) stock popped over 19 percent on Friday morning, while online review platform Yelp Inc. (NYSE: YELP) rose around 8 percent as both the companies raised their full-year 2021 outlook after reporting a stron...
Fiverr (FVRR), Fastly (FSLY) cut FY’21 outlook, stocks plummet
August 05, 2021 03:27 PM PDT| By Kiran MuraliSummary Israel-based Fiverr slashed its forecast to reflect the reduced online activity with the easing of pandemic restrictions. The global outage in June impacted Fastly’s second-quarter results and the impact could persist in the near-.....
Uber (UBER), Lyft (LYFT) report strong second-quarter revenue growth
August 05, 2021 11:48 AM PDT| By Kiran MuraliUS ride-hailing companies Uber Technologies, Inc. (NYSE: UBER) and Lyft, Inc. (NASDAQ: LYFT) reported a strong topline growth in their second quarter as the economy gradually recovers from the pandemic. Uber Technologies, Inc. In the June quarter.....
Reinventing the Facebook: What does Zuckerberg’s metaverse plan mean?
August 02, 2021 11:56 AM PDT| By Team Kalkine MediaSummary Facebook Inc. (Nasdaq: FB) has created a ‘reality lab’ where researchers are working to make Mark Zuckerberg’s metaverse dream a reality. Facebook’s vast resources, knowledge, and user base will help build the pl.....
FAANG earnings update: Profit streak continues in June quarter
July 31, 2021 12:46 PM PDT| By Kiran MuraliThe FAANG companies - Facebook Inc., Apple Inc., Amazon.Com Inc., Netflix Inc. and Google’s parent company Alphabet Inc. – saw their June quarter profit hit new records. FAANG earnings season, which started with Netflix announcing its .....
Trending: Three technology stocks catching the eye today
July 30, 2021 11:13 AM PDT| By Team Kalkine MediaSummary Twilio Inc. (NYSE: TWLO) reported revenue of US$668.9 million in Q2. Atlassian Corp (NASDAQ: TEAM) reported total revenue of US$2.1 billion in FY 2021. Matterport, Inc (Nasdaq: MTTR) stock surged 5.80% at 11.03 am ET. Twilio Inc a.....
Amazon’s Q2 profit surges as net sales surpass $100B for third time
July 29, 2021 02:52 PM PDT| By Kiran MuraliSummary Amazon earned US$7.78 billion in net income on US$113.08 billion in net sales. Online store sales grew 16%, while sales at Amazon Web Services rose 32%. Amazon’s stock plunged over 5 percent in aftermarket trading. Amazon.Co.....
Making a Splash: Six advertising stocks that are hard to miss
July 29, 2021 10:51 AM PDT| By Team Kalkine MediaSummary Interpublic (NYSE: IPG) revenue for the June quarter was US$2.5 billion, a 24% jump YoY. The stock grew over 50% YTD. MSCI (NYSE: MSCI) net income was up 44% YoY; stock surged 32.18% YTD. Criteo (NASDAQ: CRTO) has a P/E rat.....
AMD revenue surges 99% in Q2, Qualcomm’s net income more than doubles
July 28, 2021 04:42 PM PDT| By Team Kalkine MediaSummary AMD Inc.’s (NASDAQ: AMD) revenue rose by 99% YoY in Q2; the stock gained 35% in one year. QUALCOMM (NASDAQ: QCOM)reported revenue of US$8 billion, up 63% YoY. Both the companies have revised their guidance upward for next quarter.....
10 technology stocks that are under US$100 but popular on NASDAQ
July 27, 2021 04:47 PM PDT| By Team Kalkine MediaSummary Technology stocks are both value and growth stocks. The Dow Jones US Technology Total Stock Market Index (DWCTEC) gave 53% in one year. The NASDAQ Composite Index (COMP) gave around 43% in one year. Technology stocks draw signific.....
Microsoft’s revenue surges 21% in Q4, Apple’s Q3 revenue up 36%
July 27, 2021 03:32 PM PDT| By Team Kalkine MediaMicrosoft Corporation (Nasdaq: MSFT) on Tuesday reported revenue of US$46.2 billion in Q4, 2021, up 21 percent YoY, while Apple Inc. (AAPL) posted a revenue growth of 36 percent YoY to US$81.41 billion. Both MSFT and AAPL stocks were trading lower.....
Are semiconductor stocks in US still talk of the town?
July 27, 2021 01:09 PM PDT| By Team Kalkine MediaSummary Semiconductor chips are used in almost everything electronic or digital. TSMC Ltd., one of the world’s largest semiconductor companies, plans to open new plants outside Taiwan as demand for chips rise and backlogs pile up. The Do.....
Amazon, Shopify stocks tumble as focus shifts to upcoming Q2 results
July 27, 2021 11:54 AM PDT| By Team Kalkine MediaStocks of e-commerce companies Amazon.com, Inc. (NASDAQ: AMZN) and Shopify Inc. (NYSE: SHOP)plunged about 3%, close on the heels of their second quarter results this week. AMZN fell 2.85%, while SHOP declined 3.12% at 1:45 pm ET on Tuesday. A.....
3 cybersecurity stocks for a safe future
July 23, 2021 12:04 PM PDT| By Team Kalkine MediaSummary Check Point (NASDAQ: CHKP) has a P/E ratio of 20.56. CrowdStrike (NASDAQ: CRWD) gave 24.18% return YTD. Cisco Systems’ (NASDAQ: CSCO) current dividend yield is 2.75%. Cybersecurity has become a necessity for governments and .....
