Technology
This tech stock soared 211 per cent in the past year. Should you buy it?
June 25, 2021 10:26 AM EDT| By Raza NaqviCanada's technology industry witnessed an unprecedented surge since 2020 as dependence on tech products or services soared. However, this sector was already in boom phase before the arrival of the pandemic. According to the Government of Canada, the...
Canada’s social media bill can change what you see on Netflix, FB & YT
June 22, 2021 01:09 PM EDT| By AnujThe Trudeau government passed the controversial C-10 digital bill on Tuesday that seeks to regulate programming disseminated by media streaming and digital platforms like Netflix, Facebook and YouTube. However, the bill requires passing the scrutiny...
What’s the link between ByteDance and TikTok?
June 22, 2021 02:37 AM EDT| 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.....
Best Canadian fintech stocks to buy on TSX today
June 21, 2021 12:14 PM EDT| By Team Kalkine MediaFinancial service is one of the largest sectors not just in Canada, but across the world. The growth of technology has pushed companies to offer a range of financial services just a few screen ta...
UTime (NASDAQ:UTME) stock dips 72%: Buy or sell call?
June 18, 2021 05:45 AM EDT| By Raza NaqviSummary UTime Limited debuted on the Nasdaq on April 6, 2021. The Chinese mobile manufacturer had raised US$ 15 million from the gross proceeds of the IPO. Currently, the UTME stock is plunging. Read this article to know more about the stock. .....
SPI Energy (SPI) is surging. A clean stock to buy?
June 16, 2021 01:47 PM EDT| By AnujStocks of SPI Energy Co Ltd (SPI:US, NASDAQ:SPI), a photovoltaic solutions provider, shot up over 18 per cent on Wednesday, June 16 (10AM EST). Witnessing a heaving buying, the stock recorded a one-hour volume of nearly 10 million shares on Wednesday...
Shopify (SHOP) stock rises on Google & Facebook deal: Buy & hold?
June 16, 2021 08:54 AM EDT| By AnujShopify Inc (TSX:SHOP) is all set to expand its collaboration with Google and Facebook Inc, bolstering its e-commerce checkout system for all retailers. On the back of this development, SHOP stocks improved by almost two per cent on Tuesday, June 15...
ALFI (ALF) soars 94% on Uber deal: A tech stock to buy?
June 15, 2021 12:13 PM EDT| By Raza NaqviSummary Stocks of newly listed ALFI Inc (NASDAQ:ALF, ALF:US) surged 94 per cent to US$ 6.62 (10:20AM EST) on Tuesday, June 15. The surge came after the company announced its newest deal. ALFI made its public debut on the Nasdaq stock market on.....
Are e-commerce stocks a good investment?
June 15, 2021 09:47 AM EDT| By Team Kalkine MediaCanada’s e-commerce sector has been soaring even before the COVID-19 pandemic hit in 2020. Shoppers across the country had started availing services delivered at their doorstep, giving retail sector a jolt to its operations. According to some...
LEDS Stock Soars 410% YTD: Buy & Hold Or Sell?
June 11, 2021 12:31 PM EDT| By AnujStocks of chip manufacturer SemiLEDs Corporation (LEDS:US, NASDAQ:LEDS) gained as much as five per cent in the pre-market hours on Friday, June 11, after witnessing a nine per cent decline in the previous trading session. The company’s revenue...
5 Best Technology Stocks To Invest In Today
June 09, 2021 12:42 PM EDT| By Team Kalkine MediaTechnology stocks remain a key constituent of every investor’s portfolio. These are generally considered evergreen stocks as they continuously tend to adapt with the digital ecosystem through innovation. The Canadian technology sector is domin...
Marqeta (MQ) IPO: Is This Brand New Fintech Stock Worth A Buy?
June 09, 2021 07:28 AM EDT| By AnujMarqeta Inc, a digital debit card and payment processing firm, is all set to debut on the New York-based NASDAQ exchange on Wednesday, June 9. The fintech company raised a total of about US$ 1.23 billion from its initial public offering (IPO) after...
Fastly (FSLY) Rebounds From Premarket Dip. Still A Buy?
June 08, 2021 12:46 PM EDT| By AnujStocks of cloud-based software services provider Fastly Inc (FSLY:US, NYSE:FSLY) bounced back by as much as seven per cent (10:20AM EST) on Tuesday, June 8, after dipping earlier in the day. The stock had plunged by nearly two per cent in the premar...
Was Amazon (NASDAQ:AMZN) A Penny Stock?
June 07, 2021 02:35 PM EDT| By Team Kalkine MediaAmazon Inc (NASDAQ:AMZN, AMZN.US) has not only reaped healthy returns for its shareholders over the years, but with its ever-expanding strategy and strong fundamentals, it also continues to be an attractive option for future investors. But was this...
Amazon's (AMZN) Jeff Bezos Heading To Space On Blue Origin Flight
June 07, 2021 01:07 PM EDT| By Raza NaqviAmazon (NASDAQ:AMZN, AMZN:US) boss Jeff Bezos is ready to travel to outer space on the first crewed flight of his aerospace company, Blue Origin. Mr Bezos is reportedly set to be joined by his younger brother, Mark Bezos, on this journey. Informing...
4 IPOs & SPAC Mergers To Look Forward To In Tech Sector
June 01, 2021 11:44 AM EDT| By Team Kalkine MediaWith the market for initial public offerings (IPO) seeing much interest among investors, many technology enthusiasts are seeking the right opportunity to invest in a tech player’s public listing. With that in mind, let’s explore some upc...
Will Dye & Durham (TSX:DND) Stock Price Rise With Privatization Plans?
May 31, 2021 10:31 AM EDT| By AnujStocks of Dye & Durham (TSX:DND) jumped as much as 18 per cent on Monday (9:35AM EST), May 31, as the company announced that its management is exploring options to go private. The software player stated through an exchange filing that a group of...
BlackBerry (TSX:BB), An Undervalued Stock Or A Long-Term Performer?
May 26, 2021 01:52 PM EDT| By AnujStocks of BlackBerry Limited (TSX: BB) surged as much as 10 per cent at 1:32 PM ET, on Wednesday, May 26. In January this year, Reddit-based WallStreetBets community propelled frenzy buying of the software stock, leading it to a record high of...
Lightspeed (LSPD) & Shopify (SHOP): Best Stocks To Buy & Watch
May 26, 2021 06:28 AM EDT| By AnujThe big-tech rally and robust quarterly earnings from the software firms have supported markets’ broad-based bull run across Wall Street and Bay Street. On the Toronto Stock Exchange, top tech stocks Lightspeed POS Inc. (TSX:LSPD) and Shopify I...
3 US Tech Stocks To Buy As Inflation Anxiety Eases
May 25, 2021 08:53 AM EDT| By Raza NaqviAs inflation anxiety eases in the US, stocks in the technology sector are making gains. Notably, ten sectors under the S&P 500 surged and the Nasdaq 100 outpaced major equity benchmarks on Monday, May 24. Some market experts are sceptical and be...