Tech
Niu (NIU), Sonos (SONO) stocks trend on Q2 results, patent case
August 16, 2021 09:38 AM PDT| By Team Kalkine MediaHighlights Stocks of Niu Technologies (Nasdaq: NIU) and Sonos Inc (Nasdaq: SONO) were trading higher on Monday morning. Niu reported strong second-quarter results, Sonos announced progress in a patent case against technology giant Google. The .....
Buckle up: Four fastest-growing Nasdaq technology stocks to watch
August 13, 2021 12:10 PM PDT| By Team Kalkine MediaHighlights Autodesk’s (Nasdaq: ADSK) net income in Q1 was US$155.6 million against US$66.5 million in the year-ago quarter. Atlassian Corp’s (Nasdaq: TEAM) total revenue in Q2 was US$559.5 million against US$430.5 million in a year .....
Five hot cybersecurity stocks on radar amid ransomware threat
August 13, 2021 10:08 AM PDT| By Team Kalkine MediaHighlights Total revenue of Leidos Holdings Inc. (NYSE: LDOS) surged 18% YoY to US$3.4 billion. Total revenue of Cloudflare Inc. (NYSE: NET) rose 53% YoY to US$152.4 million Shares of Cloudflare ticked up 0.43% in the intraday session. Th.....
EBay, Baidu & Coupang take the limelight after bumper Q2 sales
August 12, 2021 09:05 AM PDT| By Team Kalkine MediaHighlights Ebay’s (Nasdaq: EBAY) net income in Q2 was US$294 million or US$0.43 per share. Coupang’s (NYSE: CPNG) total revenue in Q2 was US$4.4 billion, up 71 percent YoY, and the EBITDA was US$122 million, an increase of 114 perce.....
NortonLifeLock, Avast to merge into an USUS$8.6 billion antivirus empire
August 11, 2021 09:20 AM PDT| By Team Kalkine MediaSummary The Arizona-based NortonLifeLock, formerly Symantec, sells antivirus, spyware, malware, and other cybersecurity products. Avast CEO Ondrej Vlcek said its shareholders would receive a mix of cash and shares. The deal is expected to be c.....
Why are Palantir (PLTR), Roblox (RBLX) stocks trending today?
August 09, 2021 05:13 PM PDT| By Team Kalkine MediaSummary Palantir Technologies (PLTR) stock rose 5.09% from the previous close, while Roblox Corporation (RBLX) stock ticked up 9.74% at the market close. Palantir is expected to report its June quarter earnings report on Thursday, August 12. R.....
When virtual world gets real: Top metaverse stocks to explore
August 09, 2021 04:40 PM PDT| By Team Kalkine MediaSummary Facebook, Inc. (NASDAQ: FB) has a P/E ratio of 26.79. The stock closed at US$363.51 on Aug 6 and gained 32.38% YTD. Microsoft Corporation (NASDAQ: MSFT) P/E ratio is 35.81. The stock returned 29.63% YTD and closed at US$289.46 on Aug 6......
Five e-commerce stocks that could beat the pandemic blues
August 09, 2021 01:43 PM PDT| By Team Kalkine MediaSummary Overstock.com (NASDAQ: OSTK) has a P/E ratio of 9.4 and gave a 48.18% return YTD. Shopify Inc. (NYSE: SHOP) has a P/E ratio of 79.47, and the stock gained 36.34% YTD. Wayfair Inc.’s (NYSE: W)P/E ratio is 87.29. The stock rose 23......
Eight popular Nasdaq technology stocks under US$50
August 06, 2021 05:32 PM PDT| By Team Kalkine MediaSummary McAfee Corp.’s (NASDAQ: MCFE) dividend yield is 1.61%. The stock saw 82.32% growth YTD. Avid Technology (NASDAQ: AVID)has a P/E ratio of 48.1. Its stock grew 80.62% YTD. Super Micro Computer (NASDAQ: SMCI) gave a 23.50% retu.....
Trending stocks: Switch (SWCH), Yelp (YELP)
August 06, 2021 12:22 PM PDT| By Kiran MuraliData center operator Switch, Inc. (NYSE: SWCH) stock popped over 19 percent on Friday morning, while online review platform Yelp Inc. (NYSE: YELP) rose around 8 percent as both the companies raised their full-year 2021 outlook after reporting a stron...
Silicon Valley for Criminals: The Underground Ransomware Economy is Booming
August 05, 2021 07:04 PM PDT| By Jeff Stout (Guest)The ransomware epidemic continues to grab headlines and shows no signs of slowing down. The Lockbit ransomware gang, along with many other major gangs, have now formed a “cybercrime cartel” that threatens to take ransomware to t...
Fiverr (FVRR), Fastly (FSLY) cut FY’21 outlook, stocks plummet
August 05, 2021 03:27 PM PDT| By Kiran MuraliSummary Israel-based Fiverr slashed its forecast to reflect the reduced online activity with the easing of pandemic restrictions. The global outage in June impacted Fastly’s second-quarter results and the impact could persist in the near-.....
Uber (UBER), Lyft (LYFT) report strong second-quarter revenue growth
August 05, 2021 11:48 AM PDT| By Kiran MuraliUS ride-hailing companies Uber Technologies, Inc. (NYSE: UBER) and Lyft, Inc. (NASDAQ: LYFT) reported a strong topline growth in their second quarter as the economy gradually recovers from the pandemic. Uber Technologies, Inc. In the June quarter.....
Reinventing the Facebook: What does Zuckerberg’s metaverse plan mean?
August 02, 2021 11:56 AM PDT| By Team Kalkine MediaSummary Facebook Inc. (Nasdaq: FB) has created a ‘reality lab’ where researchers are working to make Mark Zuckerberg’s metaverse dream a reality. Facebook’s vast resources, knowledge, and user base will help build the pl.....
FAANG earnings update: Profit streak continues in June quarter
July 31, 2021 12:46 PM PDT| By Kiran MuraliThe FAANG companies - Facebook Inc., Apple Inc., Amazon.Com Inc., Netflix Inc. and Google’s parent company Alphabet Inc. – saw their June quarter profit hit new records. FAANG earnings season, which started with Netflix announcing its .....
Trending: Three technology stocks catching the eye today
July 30, 2021 11:13 AM PDT| By Team Kalkine MediaSummary Twilio Inc. (NYSE: TWLO) reported revenue of US$668.9 million in Q2. Atlassian Corp (NASDAQ: TEAM) reported total revenue of US$2.1 billion in FY 2021. Matterport, Inc (Nasdaq: MTTR) stock surged 5.80% at 11.03 am ET. Twilio Inc a.....
Amazon’s Q2 profit surges as net sales surpass $100B for third time
July 29, 2021 02:52 PM PDT| By Kiran MuraliSummary Amazon earned US$7.78 billion in net income on US$113.08 billion in net sales. Online store sales grew 16%, while sales at Amazon Web Services rose 32%. Amazon’s stock plunged over 5 percent in aftermarket trading. Amazon.Co.....
Making a Splash: Six advertising stocks that are hard to miss
July 29, 2021 10:51 AM PDT| By Team Kalkine MediaSummary Interpublic (NYSE: IPG) revenue for the June quarter was US$2.5 billion, a 24% jump YoY. The stock grew over 50% YTD. MSCI (NYSE: MSCI) net income was up 44% YoY; stock surged 32.18% YTD. Criteo (NASDAQ: CRTO) has a P/E rat.....
AMD revenue surges 99% in Q2, Qualcomm’s net income more than doubles
July 28, 2021 04:42 PM PDT| By Team Kalkine MediaSummary AMD Inc.’s (NASDAQ: AMD) revenue rose by 99% YoY in Q2; the stock gained 35% in one year. QUALCOMM (NASDAQ: QCOM)reported revenue of US$8 billion, up 63% YoY. Both the companies have revised their guidance upward for next quarter.....
10 technology stocks that are under US$100 but popular on NASDAQ
July 27, 2021 04:47 PM PDT| By Team Kalkine MediaSummary Technology stocks are both value and growth stocks. The Dow Jones US Technology Total Stock Market Index (DWCTEC) gave 53% in one year. The NASDAQ Composite Index (COMP) gave around 43% in one year. Technology stocks draw signific.....