Tech
Palantir (NYSE:PLTR) Hits All-Time High As Investors Circle Demo Day
January 25, 2021 10:10 AM EST| By Kunal SawhneySummary Stocks of Palantir Technologies Inc jumped over 25 per cent on Friday, January 22, to close at an all-time high of US$ 32.58. Since its big Wall Street debut in September last year, Palantir saw its scrips surge by over 225 per cent in .....
WeCommerce (TSXV:WE) MCap Hits C$1 Bn; Stock Soars 100% Since Debut
January 25, 2021 07:05 AM EST| By Kunal SawhneySummary Led by an 11.5 per cent jump in its stock price on January 22, the junior e-commerce holding’s market cap has breached the C$ 1 billion-mark. WeCommerce’s scrips have swelled by 50 per cent in 2021 alone, with an ROE of 14.1.....
BlackBerry Stock Rallies On FB Settlement, Hardware To Software Shift
January 23, 2021 05:58 AM EST| By Team Kalkine MediaStocks of software company BlackBerry Inc. (TSX: BB) soared north, rising by more than 10 per cent on Friday, after it settled a three-year-old patent lawsuit with Facebook. The cloud computing player’s stock has been advanced by over 43 per .....
What Is Carbon Capture Technology & Why Is Everyone Talking About It?
January 22, 2021 09:48 AM EST| By Kunal SawhneyTesla Inc and SpaceX founder Elon Musk is back with yet another viral search engine query. In one of his latest tweets, the billionaire said he will put US$ 100 million towards a prize for whoever comes up with the best carbon capture technology. Mr...
Intel, AMD, & IBM: 3 Buzzing Microchip Stocks
January 22, 2021 09:45 AM EST| By Hina ChowdharySummary Intel’s stock bounced over 6 per cent, as the company reported the record growth in 2020 revenue. IBM scrips fell 7 per cent in the pre-market session on January 22, over weaker earnings per share on a year-over-year basis. AMD s.....
Docebo (TSX:DCBO) Stocks Plummet 11% After Earnings Forecast
January 22, 2021 04:44 AM EST| By Team Kalkine MediaSummary Docebo Inc predicted a revenue surge of 48 to 52 per cent year-over-year (YoY) for the fourth quarter of 2020 in its preliminary financial results. Despite a forecast of positive revenue growth for the latest quarter, Docebo Inc saw its.....
Lite Access (TSXV:LTE) & Facedrive (TSXV:FD): 2 Rising Tech Stocks
January 21, 2021 04:30 AM EST| By Team Kalkine MediaSummary The S&P/TSX Venture Information Technology Index registered a growth of nearly 14 per cent in the last 20 days. Stocks of Lite Access Technology Inc catapulted by a whopping 90 per cent on Wednesday. Since debuting on the TSXV plat.....
Why Is BlackBerry (TSX:BB) Stock Trending?
January 20, 2021 10:10 AM EST| By Hina ChowdharySummary Stocks of Blackberry rose 19 per cent on January 19, as the company settled a patent lawsuit with the social media giant Facebook. Approximately 16 million shares of the company traded on Tuesday, pushing BB stock among the top volume a.....
Alibaba (NYSE:BABA) Stocks Surge As Jack Ma Resurfaces After 3 Months
January 20, 2021 09:43 AM EST| By Team Kalkine MediaChinese business magnate Jack Ma finally reappeared in the public eye on Wednesday, January 19, after months of speculation about him missing since slamming the Chinese government back in October. A clip* of Mr Ma delivering a speech at the online.....
Netflix Hits 200-Million Paid Subscribers In 2020, Stock Climbs 12%
January 20, 2021 07:57 AM EST| By Hina ChowdharyNetflix Inc’s (NFLX:US or NASDASQ: NFLX) worldwide paid users breached the 200-million mark at the end 2020, the company announced on Tuesday, January 19. The world’s largest video streamer also anticipated that it no more needs to borr.....
StoreDot Launches 5-Min EV Battery Tech: An IPO On The Cards?
January 20, 2021 06:27 AM EST| By Team Kalkine MediaSummary Israeli company StoreDot Ltd has come up with a first-ever EV battery technology that can charge vehicles in just about five minutes. The company said that it is set to release the first production set of the sample cells. There have a.....
Extreme Vehicle & Electrovaya: 2 Battery Stocks Powering Up
January 19, 2021 10:14 AM EST| By Kunal SawhneyThe lithium-ion battery stocks are on the rise amid the ongoing clean vehicle rally. The US president-elect Joe Biden has already promised to infuse US$ 2 trillion into green vehicle industry and other clean energy projects. The Canadian federa...
Amazon-backed Deliveroo Valued At $7Bn, Looking At Potential IPO
January 19, 2021 10:12 AM EST| By Kunal SawhneyThere has been a lot of speculation recently over online food delivery company Deliveroo heading for a public listing. The rumors were finally laid to rest on Sunday, January 17, after the London-based company said in its latest corporate update that...
BlackBerry (TSX:BB) & OpenText: 2 Cybersecurity Stocks To Explore
January 15, 2021 07:45 AM EST| By Hina ChowdharyThere’s an increased scrutiny on digital security as more people work from home or go online for shopping and financial transactions. The new normal is making us gung-ho on cybersecurity. As a result, business entities are exploring m.....
Google acquires Fitbit in USD 2.1 billion deal, Regulatory Probe Continues
January 14, 2021 11:50 PM EST| By Team Kalkine MediaThe market leader in the online advertising business, Alphabet-owned Google, has completed the health device producer Fitbit's acquisition worth USD 2.1 billion. Image source: pixabay The mega-company announced it on 14 January 2021. The .....
The spotlight on Affirm and its bearing on the Market
January 14, 2021 09:36 PM EST| By Kunal SawhneyBNPL sector got a momentum ever since the beginning of the pandemic. The concept of 'Buy Now Pay Later' is clicked during a period when consumers were facing financial crunch and prefer to pay in instalments rather than making payment in one go. Th.....
Facedrive (TSXV:FD) & Drone Delivery (TSXV:FLT): 2 Rising Tech Stocks
January 13, 2021 06:51 AM EST| By Kunal SawhneyWith the information technology sector on a bull run, many junior tech companies are returning good yields. Software stocks have rebounded well since the COVID-19 pandemic caused market meltdown in March 2020. The work-from-home trend is here to s.....
Jack Ma-Xi Jinping Standoff: The Battle Between Chinese Govt vs Private Tech
January 13, 2021 04:49 AM EST| By Team Kalkine MediaAfter speculation of billionaire entrepreneur Jack Ma missing for two months, reports now claim that the Chinese government is seeking to nationalize his billion-dollar companies, Alibaba and the Ant Group. The rumors come in the backdrop of a Chines...
Square & PayPal: 2 FinTech Stocks On Investors’ Radar
January 12, 2021 12:11 PM EST| By Team Kalkine MediaSummary Stocks of the two giant online payment companies plummeted on Monday, led by bitcoin’s volatile trends. Stocks of Square Inc. has yielded over 231 per cent in one year, with a present ROE of 18.72 per cent. PayPal’s stock h.....
Twitter & Facebook Stocks Plunge As Trump-backed Investors Retract
January 11, 2021 08:14 AM EST| By Kunal SawhneyTwitter Inc. (TWTR:US or NYSE: TWTR) and Facebook Inc. (FB:US or NASDAQ: FB) stocks declined in the early trading hours of Monday (January 11, 2021) after the social-media giants banned US President Trump's account. This pan-social media ban against...