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Tech
Snap Inc (NYSE: SNAP) nixes iPhone privacy fears - answer to Meta woes?
February 04, 2022 05:58 PM CET| By Rupam RoyHighlights Snap Inc forecasts revenue of US$1.03 billion to US$1.08 billion in Q1, FY22. It expects daily active users to be in the range of 328 million to 330 million. The company reported its first positive net income since its IPO in March .....
Amazon (AMZN) rides Rivian stake to US$14.3-bn profit, raises membership fees
February 04, 2022 01:38 AM CET| By Sanjeeb BaruahAmazon.com Inc (AMZN) on Thursday posted a fourth-quarter profit of US$14.3 billion, boosted by a pre-tax gain from its stake in electric vehicle maker Rivian Automotive. The stock rose as much as 15% in the after-market hours after dipping nearly.....
What’s in store for Facebook in 2022 after a year of hurdles?
October 21, 2021 12:55 AM CEST| By Sanjeeb BaruahThe first nine months of 2021 have been difficult for Facebook, marred by relentless hurdles that seemed almost unassailable. And as the year draws to an end, it is perhaps a time of reflection and learning for Facebook and preparing for a new year.....
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Which are the 5 best AI companies worldwide?
September 07, 2021 08:17 AM CEST| By ManikaArtificial intelligence is simulation of human intelligence by combining several technologies and computer systems. Some of the applications of AI are natural language processing, speech recognition and machine vision. AI will be impacting t.....
Are these 10 global technology companies poised to grow in FY21?
July 16, 2021 09:58 AM CEST| 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.....
Branson steals the march on Bezos in billionaires’ space race
July 13, 2021 02:18 AM CEST| 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.....
Data Is New Oil. Here is why.
July 01, 2021 08:06 AM CEST| 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...
What’s the link between ByteDance and TikTok?
June 22, 2021 08:37 AM CEST| 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.....
Will Chevron Corp. (NYSE: CVX) Prices Cross the Hurdle on Charts?
May 14, 2021 07:25 AM CEST| By Team Kalkine MediaSummary Chevron Corp. (NYSE: CVX) has outperformed the index and generated ~16.01 percent returns in the last 3 months. On the daily chart, CVX’s prices are moving in a horizontal channel pattern and taking support from the 100-period Sim.....
Amazon Dodges US$300 Million EU Tax Order
May 13, 2021 01:23 AM CEST| By Team Kalkine MediaSummary European judges noted that the European Commission failed to show proof of preferential treatment to Amazon by Luxembourg. European Commissioner for Competition Margrethe Vestager had filed the tax evasion case against Amazon. In 2020,.....
Has the Rally Begun in Procter & Gamble Co. Post Consolidation?
May 07, 2021 11:00 AM CEST| By Team Kalkine MediaSummary Procter & Gamble Co. (NYSE: PG) outperformed its peers and generated ~4.62 percent return in the last 3 months. PG stock prices are trading in a falling wedge formation on the daily chart and now taking the major support from the 50.....
Will Honeywell International Inc.’s Prices Scale New Highs?
May 06, 2021 04:35 PM CEST| By Team Kalkine MediaSummary HON’s prices are trading above resistance turned support level on the daily chart and getting support from the 50-period Simple Moving Average (SMA). HON outperformed its peer and generated ~42 percent return in the last 9 months.....
Amazon’s Net Profit More Than Triples In Q1 As Revenue Hits US$100B
April 30, 2021 03:00 AM CEST| By Team Kalkine MediaAmazon.com, Inc.’s (NASDAQ: AMZN) net income has more than tripled in the first quarter of 2021, backed by strong revenue growth in e-commerce and cloud business, the company said in its earnings report on Thursday, April 29. The technology .....
VISA INC. Price Hits a New Lifetime High
April 29, 2021 11:00 PM CEST| By Team Kalkine MediaSummary VISA INC. gained 1.54 percent in the last trading session and has delivered ~14.81 percent returns in the last one month. Post breaking out of a crucial resistance level the stock hit a new lifetime high. Stock prices are trading in a.....
Microsoft’s (NASDAQ:MSFT) Q3 Net Profit Up 44% On Cloud Growth
April 28, 2021 01:05 AM CEST| By Team Kalkine MediaSummary Microsoft’s total revenues rose 19% to US$41.7 billion, while its operating income jumped 31% to US$17 billion in the quarter ended March 31, 2021. Microsoft stocks (NASDAQ:MSFT) were trading flat at US$261.97 at 4:00 pm ET on Tue.....
Amazon Stocks (NASDAQ:AMZN) Shine On Stock Split Hopes
April 27, 2021 08:24 PM CEST| By Team Kalkine MediaSummary News of Amazon stock split draws fresh attention to the stocks, whose value jumped nearly 44% over the past year. Amazon is likely to announce its latest quarterly results later this week. Amazon’s net sales had risen by 38% in 2.....
McDonald's Corp. Prices Continue to Shine, are Investors Loving it?
April 23, 2021 10:44 AM CEST| By Team Kalkine MediaSummary McDonald's Corp. (NYSE: MCD) gained 0.30% percent in the last trading session and stock prices are hovering near an all-time high. The stock price had broken an ascending triangle pattern on the daily chart and taking major support from.....
Technical Alert: IBM Successfully Pierces Through its Price Resistance
April 22, 2021 11:21 AM CEST| By Team Kalkine MediaSummary International Business Machines Corp (NYSE: IBM) gained 3.90% percent in the last trading session. Post breaking out of a crucial resistance level the stock hit a new 52-week high. The stock has broken the rising channel pattern on the.....
PPG Industries Inc. Is at Record Peak, What to Expect Ahead?
April 19, 2021 12:24 PM CEST| By Team Kalkine Mediaositive trend for the stock but at the same time, an overbought condition. PPG Industries Inc. (NYSE: PPG) is a manufacturer of a wide range of coatings and specialty materials. PPG’s price has broken out of its all-time high on Friday and se...
Is Advanced Micro Devices Inc. Catching Momentum from Crucial Support Zone?
April 19, 2021 12:00 PM CEST| By Team Kalkine MediaSource: Macro photo, Shutterstock Summary Advanced Micro Devices (NASDAQ: AMD) gained 5.68% percent in the last trading session and was one of the top gainers in the NASDAQ 100 index. Last week, AMD had pierced through a downward trendline and...