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Tech
Koss Gets A Reddit Bump, Stocks Fly High
February 26, 2021 02:37 AM EST| By Ipsita SarkarSource: ranjith ravindran, Shutterstock Summary Scrips of Koss Corporation (NASDAQ: KOSS) surged 42 percent in morning trade. It was among the top volume leaders on Nasdaq. Company revenues grew by 18.4 percent to US$4.9 million in Q4....
Is BlackBerry (TSX:BB) Stock Still A Buy?
February 25, 2021 07:49 AM EST| By AnujSource: husjur02,Shutterstock Summary BlackBerry stock bounced back more than 8 per cent, with a one-day volume of 7.61 million on Wednesday. The stock was also up 6.80 during its pre-market hours. The company has been expanding its software s...
Dollar Index Rooted to Head Further South or Reversal is on Cards?
February 24, 2021 08:33 PM EST| By Team Kalkine MediaSource: Leckamon, Shutterstock Joe Biden has taken the oval office on 20 January 2021. Post that the market participants have been on the lookout for the reassessment of risk and return attributes in many financial assets. The U.S dollar is one...
Shopify (TSX:SHOP) Stock: Is This Profitable Tech Firm A Buy?
February 23, 2021 10:22 AM EST| By Ipsita SarkarCanada’s largest ecommerce platform Shopify Inc. (TSX, NYSE: SHOP) aims to raise US$1.55 billion via a public stock offering of 1.18 million Class A shares priced at US$1,315 apiece. The tech giant aims to use the funds for growth strategies a...
FLT & PHO: 2 Canadian Tech Stocks Under C$5 To Buy Today!
February 22, 2021 09:58 AM EST| By AnujSummary A semiconductor stock has outperformed the S&P/TSX Capped Information Technology Index and yielded four times growth in 2021. Stocks of an optical fiber producer have gained over 128 per cent in one year. On top of that, the firm re.....
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Crude Oil at One Year High; Stocks Under Radar - BP Spon & Exxon Mobil Corp.
February 21, 2021 07:59 PM EST| By Team Kalkine MediaIn the last couple of weeks WTI crude oil prices have surged on account of a production cut that was announced by the OPEC+ members coupled with a deep halt in the U.S. South that shut wells and oil refineries in Texas. World crude oil .....
Energous (NASDAQ:WATT) Stocks Are Galloping Today!
February 19, 2021 11:01 AM EST| By Kunal SawhneySummary Stocks of tech company Energous Corporation (NASDAQ:WATT, WATT:US) are on the rise, noting a spike of about 36 per cent as of 10.45AM EST on Friday morning. There is no corporate or business related update from the company itself as of .....
Bitcoin Surpasses USD 52k Mark, More Steam Left in the Crypto Asset?
February 18, 2021 01:02 PM AEDT| By Team Kalkine MediaBitcoin has beaten all the major asset classes hands down in 2021. The digital currency has had good momentum coming into the new year. It has surpassed the level of USD 50,000 and establish a record high of USD 52,433.0 on Bitfinex (as on 18 Februar...
Shopify's (TSX:SHOP) Revenue Growth Continues, Up 86% In 2020
February 17, 2021 10:07 AM EST| By Team Kalkine MediaSummary Shopify Inc (TSX:SHOP) recorded an annual revenue growth of 86 per cent year-over-year (YoY) to US$ 2,929.5 million in 2020. In its last quarter of 2020, Shopify saw its revenues surge by a whopping 94 per cent YoY to US$ 977.7 million......
Eye on Shopify, Amazon Rushes to Acquire Rival Selz
February 17, 2021 04:40 AM EST| By Ipsita SarkarSummary Amazon acquires Australian e-commerce firm Selz to fend-off competitions from rivals. The company is now focusing on small online traders to extend its market dominance. Fast-growing Shopify poses as one of the biggest challengers to A.....
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Berkshire Hathaway Jumps on Crude Oil Bandwagon, Invests in Chevron
February 17, 2021 01:41 PM AEDT| By Team Kalkine MediaThe market oracle, Warren Buffet is now jumping on the oil bandwagon with Berkshire Hathaway investing in Chevron Corporation (NYSE:CVX). The investment by Berkshire Hathaway in Chevron, which started from third quarter last year, has now reached ~ U...
Socket Mobile (SCKT) Stocks Soar 709% After iPhone 12 Scanner Launch
February 16, 2021 12:04 PM EST| By Kunal SawhneySummary Stocks of tech company Socket Mobile Inc (NASDAQ: SCKT, SCKT: US) have been galloping this Tuesday morning, February 16. At the time of writing this, Socket stocks were surging past 709 per cent to US$ 26.2 (11:45AM EST). Its stocks be.....
2 TSX Fintech Stocks To Own In 2021!
February 15, 2021 12:01 AM EST| By Hina ChowdharyCanadian tech stocks, much like their American counterparts, rallied in the stock markets last year. We have already seen the gargantuan growth of Shopify (TSX: SHOP), which became the biggest stock by market cap on the Toronto Stock Exchange after.....
When Will Shopify (TSX:SHOP) Stock Cross C$2,000?
February 12, 2021 06:37 AM EST| By Team Kalkine MediaSummary The rallying stocks of Shopify hit an all-time high of C$ 1,900 on Tuesday, with a 33 per cent surge month-to-date (MTD). It has a tempting one-year return of 181 per cent, with a price-to-cashflow ratio of 747. The eCommerce firm expe.....
2 Tech Stocks That Can Double in 2021
February 12, 2021 03:09 AM EST| By Ipsita SarkarSummary Facedrive stocks saw an annual growth of more than 700 per cent. Stocks of Dye & Durham grew by over 230 per cent since they were listed on TSX in July last year. Both are growth stocks that investors would want to track. .....
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Are Energy Stocks Better Alternative to Tech Stocks?
February 10, 2021 10:20 PM EST| By Team Kalkine MediaOn the weekly chart, NASDAQ 100 Technology Sector Index has broken out of its upward trend line (orange line in the below chart) at 7,560.70 and made a new lifetime high of 8,121.84 (as on 08 February 2021). The index price is trending upward, form.....
Reddit Valuation Soars To $6 Billion After Latest Fundraiser
February 10, 2021 11:07 AM EST| By Kunal SawhneyRiding high on the wave of attention for the role of one of its communities wallstreetbets that sent the US stock market into a frenzy, social media giant Reddit raised $250 million in series E funding on Monday. Founded in 2003, the compa.....
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Tesla jumps on Bitcoin bandwagon, how is the crypto currency looking on charts?
February 09, 2021 02:25 AM EST| By Kunal SawhneyA big shot in the arm for Bitcoin bulls, the world’s biggest automobile company, by market cap, Tesla has invested USD 1.5 billion in Bitcoin. Copyright © 2021 Kalkine Media Pty Ltd The twitter discussion between Michael J. Saylor (Co-...
Extreme Vehicle Battery (CSE:ACDC) Stocks On Gaining Spree
February 06, 2021 09:49 AM EST| By Hina ChowdharySummary The EV battery firm’s stock surged over 38 per cent on Friday, February 5, with a one-day volume of 36 million. The software stock has delivered an astonishing one-year return of 4528 per cent. The company has been exploring the .....
Nuvei (TSX:NVEI) Top Line Surges 50%: Stock Hold Alert!
February 05, 2021 08:16 AM EST| By Kunal SawhneySummary Nuvei posted the interim full year 2020 revenue between US$ 373 million and US$ 377 million, a rise of 50 per cent year-over-year (YoY). Its eCommerce total merchant transaction volume zoomed by 80 per cent last year. Stocks of Nuvei a.....
