AMD and Nvidia: Two trending stocks

• June 18, 2021 10:38 AM PDT
• Team Kalkine Media

Summary The stock of genetics research company 23andMe surged 21% in its NASDAQ debut on June 17. It merged with VGAC, a special purpose acquisition company, to go public under the ticker name ME on NASDAQ. The healthcare company holds an 81% ...

• June 18, 2021 09:43 AM PDT
• Kiran Murali

Apple 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 ...

• June 18, 2021 09:23 AM PDT
• Team Kalkine Media

Summary Sunrun earned revenue of US$334.79 million in Q1, an increase of 59% YoY. Sprout Social’s March-quarter revenue rose from US$30.5 million to US$40.8 million YoY. The share price of Macerich grew by 92% in the past one year. ...

• June 17, 2021 06:25 PM PDT
• Team Kalkine Media

Summary 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...

• June 17, 2021 12:48 PM PDT
• Team Kalkine Media

Summary 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...

• June 16, 2021 05:20 PM PDT
• Team Kalkine Media

Summary TPL’s revenue for the quarter ended March 31, 2021, was US$84.16 million compared to US$96.59 million in the corresponding period of 2020. PXD’s total revenue for the quarter ended March 31, 2021, was US$3.06 billion, up 52%...

• June 15, 2021 11:43 AM PDT
• Team Kalkine Media

Summary Tesla In.’s expenditure on research and development increased by 106% YoY to US$666 million in the quarter ended March 31, 2021. In Q1 of 2021, NIO delivered 20,060 vehicles, against 3,838 in the same quarter of 2020. ChargePoint...

• June 14, 2021 05:21 PM PDT
• Team Kalkine Media

Electric vehicle is the buzzword these days as almost all companies, big or small, are tapping into the EV market and helping support the global efforts to reduce carbon buildup. As the world is shifting towards creating a pollution-free circular ec...

• June 14, 2021 05:00 PM PDT
• Kiran Murali

Consumer companies face several headwinds, such as increased raw materials and shipping costs and supply chain delays. Several consumer staple companies have already warned about inflationary pressure, while some have announced plans to increase the...

• June 14, 2021 04:53 PM PDT
• Team Kalkine Media

Summary CEO Steve Burns and CFO Julio Rodriguez have stepped down. A probe found some issues related to pre-orders. Lordstown has flagged concerns in continuing business as a going concern. Lordstown Motors Corp. (NASDAQ: RIDE) stock plun...