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Communication
Five high-flying communication stocks to watch this fall
August 27, 2021 09:51 AM AEST| By Sanjeeb BaruahHighlights Zoom Video Communications, Inc. (NASDAQ: ZM) has a P/E ratio of 117.59. The stock closed at US$337.74 on Aug 25. JOYY Inc’s (NASDAQ: YY) current dividend yield is 3.7%, and its P/E ratio is 36.12. The stock closed at US$56.47 o.....
Top 5G stocks to explore as high-speed internet transforms businesses
August 25, 2021 06:19 AM AEST| By Ipsita SarkarHighlights AT&T Inc. (NYSE: T) reported a net income of US$44 billion in Q2, 2021. Verizon Communications Inc (NYSE: VZ) reported a net income of US$5.9 billion or US$1.40 per share in Q2. Broadcom Inc (Nasdaq: AVGO) posted a gross profit .....
GameStop (GME) stock gains over nine-fold this year as bull run continues
August 13, 2021 12:48 PM AEST| By Team Kalkine MediaHighlights The popular meme stock jumped more than 841% YTD, around nine-fold price gain. Besides GameStop, AMC Entertainment (NYSE:AMC), another meme stock, also saw considerable interest from investors Thursday. The stock was up 4.8% at the m.....
Disney (DIS) stock jumps 5% after it beats Q3 revenue expectations
August 13, 2021 09:31 AM AEST| By Team Kalkine MediaHighlights Walt Disney Company’s (NYSE: DIS) total operating income was US$2.3 billion in Q3 compared to US$1.09 billion in the year-ago quarter. Its net income from continuing operations was US$923 million, or US$0.50 apiece, compared wi.....
Fighting back: Four hot media stocks to explore in times of covid
August 04, 2021 08:11 AM AEST| By Team Kalkine MediaSummary AutoWeb, Inc. (NASDAQ: AUTO) announced the acquisition of CarZeus’ assets on Aug 2, 2021. The stock has given a 37.25% YTD return. Townsquare Media, Inc. (NYSE: TSQ) has a forward P/E for one year of 9.46. The stock gave a 96.47% .....
5 hot entertainment stocks to keep an eye on
July 22, 2021 05:45 AM AEST| By Team Kalkine MediaSummary Netflix, Inc.’s (NFLX) P/E ratio is 52.95. Its net income grew 88% YoY in the second quarter. Walt Disney’s (DIS) net income for the April quarter of 2021 rose 96% YoY. The stock gained nearly 50% in one year. Roku, Inc. (R.....
Which are the top communication stocks on NYSE, NASDAQ?
July 10, 2021 03:42 AM AEST| By Team Kalkine MediaSummary Zoom (ZM) is acquiring Karlsruhe Information Technology Solutions; the stock price rose 43% in one year. Shaw (SJR) witnessed a 77% growth in one year. It closed at US$ 28.63 on July 8, 2021. Pinterest, Inc. (PINS) gave a 177% re.....
What happened to GTT Communications (GTT) stock on Friday?
July 03, 2021 04:12 AM AEST| By Kiran MuraliSummary The New York Stock Exchange suspended GTT Communications’ trading and started delisting proceedings. GTT Communications does not expect to file the restated statements and delayed filings before August 17. The stock, which return.....
BuzzFeed eyes US$1.5bn-valuation after SPAC deal
June 25, 2021 05:19 AM AEST| By Team Kalkine MediaNews, media, and entertainment company BuzzFeed Inc. has said that it is in talks for a stock listing via a SPAC merger. BuzzFeed expects a valuation of US$1.5 billion after the merger with 890 fifth Avenue Partners Inc., the company said on Thurs.....
GTT Communication (GTT) stock is rallying. A bounce back on cards?
June 25, 2021 12:27 AM AEST| By Kiran MuraliGTT Communications, Inc. (NYSE: GTT) stock jumped more than 25 percent on Thursday’s pre-market trading and continues its rally after the markets opened. The stock’s value more than doubled this month. However, the share price is down .....
Why is Globalstar Inc. (GSAT) trading high?
June 24, 2021 04:56 AM AEST| By Team Kalkine MediaSummary Globalstar Inc. (GSAT) has surged around 44% in the last five days. Mid-cap GSAT is trading in high volume for the past two days, possibly due to the Reddit WallStreetBets forum. Cash and Cash equivalent has grown almost 228% QoQ at th.....
Three Communication Stocks To Explore
June 11, 2021 03:35 AM AEST| By Team Kalkine MediaSummary Television operator Dish Network Corp recorded US$4.50 billion in revenue in Q1. Fox Corp. registered a net income of US$582 million in Q1 of 2021. Wireless service provider Verizon Communications’ revenue rose 2.4% YoY to US$7.8.....
Why Is AMC Entertainment Stock Trending?
May 18, 2021 11:45 AM AEST| By Team Kalkine MediaSummary The stock of Kansas City-based movie exhibition company surged over 7 percent on Monday. With the CDC’s latest guidelines on masks and social distancing, theatres could open to their full capacity. AMC raised approximately US$428.....
Why Is AMC Entertainment Stock Trending?
May 18, 2021 09:58 AM AEST| By Team Kalkine MediaSummary The stock of Kansas City-based movie exhibition company surged over 7 percent on Monday. With the CDC’s latest guidelines on masks and social distancing, theatres could open to their full capacity. AMC raised approximately US$428.....
AT&T To Combine WarnerMedia With Discovery In US$43B Deal
May 18, 2021 02:55 AM AEST| By Team Kalkine MediaSummary AT&T’s shareholders to hold 71 percent stake in the new company while Discovery shareholders will keep the rest. Discovery President and CEO David Zaslav will head the new global entertainment company. The deal, which got app.....
Disney Hits 103 Million Subscribers in Q2, Revenues Down 13%
May 16, 2021 04:07 AM AEST| By Team Kalkine MediaThe Walt Disney Company (NYSE: DIS) results for the second quarter ended April 3, 2021, was out on Friday. Its quarterly revenues were down 13% to US$15.6 billion, compared to US$18 billion in the quarter ended March 28, 2020. The company attribut.....
FuboTV Shares Rise On Record Q1 Revenue Growth
May 13, 2021 05:23 AM AEST| By Team Kalkine MediaSummary First quarter revenue and subscriber figures exceeded FuboTV’s estimate. Revenue grew 135 percent year over year to US$119.7 million. Subscribers in the first quarter doubled to 590,430. Full year 2021 revenue now anticipated to.....
Will These Three Entertainment Stocks Rally On Consumer Optimism?
May 11, 2021 05:57 AM AEST| By Team Kalkine MediaSummary Consumer spending has increased in recent weeks, raising hopes that recovery is moving in full steam ahead. Like other economy-sensitive sectors, the entertainment industry stands to benefit from an economic revival. Stocks of Chicken .....
Did Strong Tailwinds Push Roku & ViacomCBS Stocks Higher?
May 07, 2021 07:42 AM AEST| By Team Kalkine MediaSummary Roku’s (NASDAQ:ROKU) value jumped over 120% in the past 12 months as its video-streaming content sees growth. Roku to co-organize a major industry event in June called Tribeca X, where many top business leaders will discuss the fu.....
T-Mobile Revenues Up 78% As Subscribers Soar in Q1
May 05, 2021 10:53 AM AEST| By Team Kalkine MediaSummary T-Mobile revenues up 78% to US$19.76 billion in Q1 of 2021, boosted by its merger with Sprint. The stocks jumped 2.7% to nearly US$132 per share in after-hours trade following the results. The phone company added 773,000 subscribers in.....
