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Technology
Staying connected through covid times: 5 social media stocks to watch
July 23, 2021 12:00 PM PDT| By Team Kalkine MediaSummary Facebook Inc. (Nasdaq: FB) has a market capitalization of US$1 trillion. Twitter Inc. (Nasdaq: TWTR) reported an income of US$81.3 million in Q2, 2021. Pinterest Inc. (NYSE: PINS) incurred a net loss of US$22 million in Q1, 2021. .....
Intel (INTC), Twitter (TWTR): Q2 results surpass estimates
July 22, 2021 03:27 PM PDT| By Kiran MuraliSummary Intel tops second-quarter revenue estimate with strong PC sales. Twitter posts second-quarter profit with a 74% topline growth. Intel’s stock fell 2%, while Twitter surged 9% in after-hours trading. Intel Corporation (NASDAQ.....
NVIDIA soars 3% day after it starts trading split-adjusted stocks
July 21, 2021 11:29 AM PDT| By Team Kalkine MediaSummary NVIDIA Corporation (NASDAQ: NVDA) declared a four-for-one stock split on May 3, 2021. The stock split became effective on July 19 after the end of the business hours. The split-adjusted stocks started trading on July 20, 2021. NVI.....
Netflix (NFLX) beats Q2 estimate with 1.5M new subscribers
July 20, 2021 03:05 PM PDT| By Kiran MuraliSummary Netflix reported a 19 percent year-over-year increase in its second-quarter revenue. The OTT content platform added 1.5 million paid memberships during the quarter. Netflix confirmed that it is in the early stages of expanding into the.....
IBM stock jumps after hours on Q2 topline growth
July 19, 2021 03:14 PM PDT| By Kiran MuraliSummary IBM’s shares popped more than 3 percent on Monday’s aftermarket trading. The technology giant posted 3% year-over-year growth in second-quarter revenue. Cloud revenue increased 13% to US$7 billion during the three months. .....
Five9 (FIVN) stock pops on Zoom’s (ZM) $14.7B takeover deal
July 19, 2021 12:22 PM PDT| By Kiran MuraliSummary The cloud contact center solutions provider’s stock rose up to 6.5% on Monday. Zoom has agreed to buy Five9 in an all-stock deal valued at US$14.7 billion. The acquisition could be completed in the first half of next calendar yea.....
Are these 10 global technology companies poised to grow in FY21?
July 16, 2021 12:58 AM PDT| By ManikaSummary For technology companies, numbers don’t matter that much. The cutting-edge technology is what makes investors interested about them. There are many cloud-based companies poised to do well in FY21. For technology stocks.....
Top SaaS stocks on Wall Street
July 15, 2021 01:41 PM PDT| By Team Kalkine MediaSummary Adobe (ADBE)stock gave a 21.01% return YTD. Its closing price on July 14 was US$608.83. com Ltd. (WIX) stock closed at US$281.23 on July 14, 2021. It gave a 10.27% return YTD. Shopify Inc. (SHOP)stock closed at US$1463.00 on July 14, a.....
Top three 5G stocks to explore
July 15, 2021 01:22 PM PDT| By Team Kalkine MediaSummary Nokia Corporation (NYSE: NOK) revised its guidance upward for an entire year on July 29. QUALCOMM (NASDAQ: QCOM)declared a quarterly dividend of US$0.68 per share. Verizon Communications (NYSE: VZ)announced the expansion of its 5G busi.....
Why Nokia (NYSE: NOK) stock rallied on Tuesday?
July 13, 2021 03:57 PM PDT| By Team Kalkine MediaSummary Nokia’s stock jumped as much as 11 percent on Tuesday’s trading. The company will raise the full-year 2020 outlook when it publishes Q2 results. Finland-based Nokia’s stock returned 50 percent year to date on NYSE. .....
Two trending stocks: SCWorx Corp and Exela Technologies
July 13, 2021 01:04 PM PDT| By Team Kalkine MediaSummary Exela Technologies, Inc (Nasdaq: XELA) stock soared by 39.03% at 12.51 pm ET on July 13. SCWorx Corp (Nasdaq: WORX) stock surged 27.45% at 12.26 pm on July 13 after social media hype. XELA has reported revenue of US$300.1 million in Q1.....
Branson steals the march on Bezos in billionaires’ space race
July 12, 2021 05:18 PM PDT| By Furquan MoharkanSummary Richard Branson has beaten Jeff Bezos to the punch in billionaires’ space tourism race. With a price tag between US$200,000 to US$250,000 per ticket, an advance sale of about 600 tickets from 60 different countries has already bee.....
StoneCastle (BANX) issues RDO of 492,234 shares: Check Details here
July 12, 2021 04:56 PM PDT| By Team Kalkine MediaSummary StoneCastle Financial (BANX) announced a US$10.8 million registered direct offering for 492,234 common stock shares. BANX is an investment company with a US$145.57 million market capitalization. Its current dividend yield is 6.94%. .....
What are FAANG stocks?
July 12, 2021 04:16 PM PDT| By Kiran MuraliSummary 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.....
Why chipmaker Broadcom plans to acquire software firm SAS?
July 12, 2021 03:25 PM PDT| By Sanjeeb BaruahSummary Semiconductor major Broadcom’s stock prices went up by 0.78% after the news. The deal is valued at US$15-US$20 billion. Its market cap is likely to reach US200 billion. Chipmaker Broadcom Inc. (Nasdaq: AVGO) plans to buy sof.....
AgriFORCE (NASDAQ:AGRI) stock rebounds on second trading day
July 09, 2021 01:43 PM PDT| By Team Kalkine MediaSummary AgriFORCE’s stock bounced back on Friday after declining in its stock market debut on Thursday. The agriculture-focused technology company raised approximately US$13.6 million in the public offering. AgriFORCE stock, which was pr.....
Top small-cap tech stocks to explore in July
July 07, 2021 12:54 PM PDT| By Team Kalkine MediaSmall-cap tech stocks are technology companies having a market capitalization of US$300 million to US$2 billion. Small-cap stocks have the potential to become mid-cap or large-cap companies. However, their stocks are often volatile and hence riskie.....
What are top 10 technology stocks?
July 06, 2021 03:27 PM PDT| By Team Kalkine MediaTechnology stocks are seeing renewed attention from investors after a lull in the past few months. The tech-heavy Nasdaq Composite Index is up 24.37 points or 0.18% from the previous close on Tuesday, marking gains for a third consecutive session. .....
Robinhood (HOOD) reveals US$1.4B Q1 loss ahead of IPO
July 02, 2021 03:00 PM PDT| By Kiran MuraliSummary The stock brokerage firm attributed the first-quarter loss to US$3.5 billion debt. Robinhood posted a net income of $7 million in 2020, against a $107 million loss in 2019. The company expects to trade its stock on NASDAQ under the sym.....
Data Is New Oil. Here is why.
June 30, 2021 11:06 PM PDT| By Furquan MoharkanIt is said that “Data is the new oil. Like oil, data is valuable, but if unrefined it cannot really be used.” It was famously first coined by Clive Humby, UK Mathematician, and architect of Tesco's Clubcard. Data seems to be most sought...
