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Technology
China’s DiDi is worth US$68 billion after its Wall Street debut
June 30, 2021 05:24 PM PDT| By Team Kalkine MediaSummary The stock opened at US$16.65 against the offering price of US$14. The company was expecting a valuation of US$100 billion after the IPO. The IPO saw considerable success despite the ongoing US-China trade dispute and Washington's conce.....
Bsquare (BSQR), Verb (VERB): 2 rising tech stocks
June 30, 2021 10:31 AM PDT| By Kiran MuraliSummary Bsquare and Verb Technology gained around 250 percent and 30 percent, respectively, in the last five days. Bsquare stock returned approximately 250 percent year to date. Verb Technology share price grew around 41 percent this year. .....
Why Exela Technologies stock (XELA) soared on Tuesday?
June 29, 2021 03:23 PM PDT| By Kiran MuraliSummary Exela stock rose 59 percent to end Tuesday’s trading at US$2.34 on Tuesday. The business process automation company is rolling out its EON platform for a large health insurance company. Exela projects its full-year revenue in the.....
Marin Software (MRIN) stock gains 90%, continues last week’s rally
June 28, 2021 04:04 PM PDT| By Kiran MuraliSummary The stock value more than doubled last week. On Monday, Marin Software stock jumped up to 90 percent. The stock rally started after following the integration of Instacart Ads on MarinOne. Marin Software Incorporated (NASDAQ: MRIN).....
Five top fintech stocks to watch this week
June 28, 2021 03:57 PM PDT| By Team Kalkine MediaSummary Fintech companies offer payment processing, online and mobile banking, and a range of other financial services. Square Inc., a financial services and digital payment company, has a market capitalization of US$112 billion. Green Dot Cor.....
Embark Trucks to go public via SPAC: All you need to know
June 28, 2021 01:31 PM PDT| By Kiran MuraliSummary The autonomous truck company will become public via a SPAC merger. The business combination will give Embark a market capitalization of US$5.16 billion and an enterprise value of US$4.55 billion. Embark eyes US$614 million in cash proc.....
SentinelOne (S) IPO price rise: What it means for investors
June 28, 2021 12:53 PM PDT| By Team Kalkine MediaSummary The company was founded in 2013 and released its first endpoint security solution in 2015. SentinelOne (NYSE: S) raised the price range for IPO to US$31-US$ 32 as per an amendment filed with SEC. The total shares available for the publ.....
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Confluent (CFLT) IPO: Stock jumps 25% on market debut
June 25, 2021 07:16 AM PDT| By Kiran MuraliSummary Confluent stock rose 25 percent on its first day trading in NASDAQ to close at US$45.02. The California-based data cloud company raised approximately US$828 million in the IPO. Confluent posted a net loss of US$229.8 million in 2020 an.....
Three upcoming tech stocks to explore on NASDAQ
June 24, 2021 07:22 PM PDT| By Team Kalkine MediaSummary Couchbase, Inc. (BASE) was ranked No. 1 in the 2020 Workplace Wellness Awards for mid-sized companies planning for IPO. EverCommerce Inc. booked revenue of US$ 337.5 million for the fiscal year ended December 31, 2020, up 39.4% fr.....
Why did Marin Software (MRIN) surge 86% today?
June 24, 2021 09:48 AM PDT| By Team Kalkine MediaSummary Marin Software jumped 86.55% to US$3.19 at 9:34 am ET on June 24. MRIN joined hands with Instacart to provide MarinOne services on its platform. Marin’s cash and cash equivalents were US$15.2 million in the March quarter. Th.....
3D Systems (DDD) stocks trend after CollPlant (CLGN) deal
June 23, 2021 11:33 AM PDT| By Team Kalkine MediaSummary 3D Systems to develop 3D soft tissue matrix for breast reconstruction procedures. The stock of 3D Systems gained 249% YTD. It reported revenue of US$146.1 million in Q1 of 2021. The stock of 3D Systems (NYSE: DDD) was trending aft.....
What’s the link between ByteDance and TikTok?
June 21, 2021 11:37 PM PDT| By Tripti JoshiByteDance, the most valuable start-up in the world, is the developer of social networking services and video-sharing apps such as TikTok and Douyin. Douyin is the Chinese-specific counterpart to TikTok. ByteDance was founded by Zhang Yiming in Marc.....
Why is ALFI Inc. (NASDAQ: ALF) trending today?
June 21, 2021 01:08 PM PDT| By Team Kalkine MediaSummary ALFI Inc. (NASDAQ: ALF) was founded in 2018; it went public in May 2021. Its share price has almost doubled since its launch. Its disruptive DOOH technology is expected to revolutionize the way small businesses do their advertising. .....
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AMD and Nvidia: Two trending stocks
June 18, 2021 07:45 PM PDT| By Team Kalkine MediaSummary AMD launched its new generation processors on June 17; they are used in Goggle Cloud applications. NVIDIA stock jumped 47% YTD. Its gaming and data-center businesses see rapid growth. NVIDIA’s revenue surged 84% YoY to US$5.66 bi.....
The Trade Desk stocks trend on investors’ stock-split allotments
June 18, 2021 12:38 PM PDT| By Team Kalkine MediaSummary On May 10, the company had announced a 10-for-1 stock split. Shareholders received the adjusted stock-split shares on June 16. Its Q1 revenue was US$219.8 million against US$160.7 million in the same period last year. The Trade D.....
Apple vs. Amazon: Here’s how the tech giants are performing
June 18, 2021 09:43 AM PDT| By Kiran MuraliApple Inc. (NASDAQ: AAPL) and Amazon.com Inc. (NASDAQ: AMZN) are among the top technology heavyweights based in the United States. Both the companies are worth trillions of dollars in the market. Apple’s stock is included in S&P 500 Index...
Facebook launches ad service on Instagram Reels
June 17, 2021 06:25 PM PDT| By Team Kalkine MediaSummary Facebook’s daily active users as of March 31 was 1.88 billion, an increase from 1.84 million in December 2020. Facebook segments the users in various categories, such as location, gender, behavior, and interests, for ads on Facebo.....
ByteDance revenues surge 111% to US$34.3 billion in 2020
June 17, 2021 12:48 PM PDT| By Team Kalkine MediaSummary ByteDance, considered the world’s most valuable startups, is yet to announce its IPO plans. It was valued at US$180 billion during a funding round in December last year in which it raised US$5 billion. ByteDance is a major rival t.....
10 Semiconductor Stocks To Watch This Summer
June 11, 2021 08:30 PM PDT| By Team Kalkine MediaSummary In Q1 ended May 2, 2021, NVIDIA’s revenue surged 84% YoY to US$5.7 billion. Its gaming and data center contributed the maximum revenue at US$4.8 billion. On June 10, AMD announced that its EPYC processors would be used in Alletra .....
Is Apple listed on NYSE or NASDAQ?
June 07, 2021 03:46 PM PDT| By Team Kalkine MediaCalifornia-based technology giant Apple was founded in 1977. Steve Jobs was the co-founder of Apple, which introduced the Macintosh computer in 1984. Following years of innovation, the company today has a range of technology products, including smar...
