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Tech
Bitcoin Taking Breather After Blistering Run, Notes From Chartist’s Workbook
January 10, 2021 11:44 PM EST| By Team Kalkine MediaBitcoin has been under a bull run with prices hitting new record highs almost every week and in 2021 the prices have already scaled above the USD 40,000 mark and registered a new all-time high of USD 41,100. To Know More, Do Read: Bitcoin hits new a...
Fintech firm SoFi To Debut Via Merger With Chamath Palihapitiya’s SPAC
January 08, 2021 10:21 AM EST| By Team Kalkine MediaMobile-first financial service provider Social Finance Inc, aka SoFi, it is set to go public through a merger with blank check firm Social Capital Hedosophia Holdings Corp V (NYSE: IPOE, IPOE.U:US), the unicorn company revealed on Thursday. Social.....
Tesla Boss Elon Musk Dethrones Jeff Bezos To Become World’s Richest Person
January 07, 2021 11:21 AM EST| By Team Kalkine MediaTesla Inc (NASDAQ:TSLA, TSLA:US) and SpaceX founder Elon Musk finally zoomed past Amazon Inc head Jeff Bezos, to earn the title of the richest person in the world. His net worth is now over US$ 185 billion. The near three-per cent jump in Tesla&rsqu...
Gold breaking out of slumber, what are charts saying?
January 07, 2021 08:30 AM EST| By Team Kalkine MediaGold has been under a crabwalk for a while with economic situations around the globe taking a turnaround with the rollout of COVID-19 vaccine. The spot market has been stuck in a range for quite a while; however, after a period of slow moves, gold ha...
Hootsuite Acquires SaaS Platform Sparkcentral, Eyes 25% Growth Before Public Debut
January 06, 2021 11:52 AM EST| By Hina ChowdharySubscription-based social media management company Hootsuite has acquired Sparkcentral, a software as a service (SaaS) firm. The arrangement of the deal has not yet been made public. Hootsuite management expects consistent growth before it goes publ...
Peck (NASDAQ:PECK) Stocks Soar 70% After Revealing Plans To Buy iSun Energy
January 06, 2021 08:04 AM EST| By Team Kalkine MediaThe Peck Company Holdings Inc (NASDAQ: PECK, PECK:US) saw its stocks soar by over 70 per cent on Tuesday, January 5, after it announced its plans to purchase electric vehicle hub provider iSun Energy in an all-stock transaction. ©Kalkine Gr.....
OpenText (TSX:OTEX) & Constellation (TSX:CSU): 2 Trending Tech Stocks
January 05, 2021 04:31 AM EST| By Hina ChowdharySummary Stocks of OpenText Corporation jumped about 17 per cent in November and were trading flat in December. OpenText pays a quarterly dividend US$ 0.201, which currently has an yield of 1.823 per cent. Constellation Software shares recorded.....
2 Stocks Yielding 2000+% Returns This Decade
December 31, 2020 02:31 PM EST| By Kunal SawhneySummary A freight airline stock has maintained a decade-long winning spree and reaped 2254 per cent gains. The cargo firm has also paid a steady dividend to its unitholders throughout the decade. Stocks of an e-commerce company have returned 41.....
5 Pandemic-Proof E-Commerce Stocks Of 2020
December 30, 2020 05:20 AM EST| By Hina ChowdharySummary An e-commerce solution provider’s stock is up 140+ per cent year-to-date, driven by online vendors surge amid the pandemic. A giant e-commerce platform’s stock has zoomed 190 per cent as people shifted online to shop for nec.....
Tech Stocks Turn Hot As Canada Reenters Lockdown
December 29, 2020 06:28 AM EST| By Hina ChowdharySummary Tech stocks are up amid the second phase of lockdown in Canada. The S&P/TSX Capped Information Technology Index is already up 58 per cent this year, guided by Shopify’s unprecedented stock performance. Shopify stocks have inc.....
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Is the Recent Rally in Base Metals due to Price Seasonality?
December 29, 2020 04:41 AM EST| By Team Kalkine MediaCopper’s Price Action Summary: Copper prices are trading in a perfect symmetrical triangle pattern on a quarterly timeframe chart on Shanghai Future Exchange. It started the year with a bearish tone and gave negative quarterly closing, near .....
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Want to Improve Your Trading This Christmas?
December 24, 2020 12:06 AM EST| By Team Kalkine MediaTrading shares or applying technical analysis is a mixture of both science and art. It is science in terms understanding the various nuances of chart patterns, back-testing, trading system, etc. It is an art when it comes to understanding market psyc...
Why LightSpeed (TSX:LSDP) & Ocugen Are Trending in Canadian Markets?
December 23, 2020 05:07 AM EST| By Kunal SawhneySummary Ocugen stocks jumped nearly 174 per cent on December 22, guided by its partnership with Bharat Biotech to co-develop COVID-19 related vaccine for the US pharma market. Ocugen’s 734 million scrips changed hands in a single trading .....
Apple, Velodyne Lidar & Tesla: Are Self-driving Car Stocks The New Fad?
December 22, 2020 06:00 AM EST| By Kunal SawhneySummary Apple Inc is reportedly planning to enter the autonomous vehicle industry by 2024 with a self-driving passenger car. Velodyne Lidar stocks jumped almost 21 per cent on Monday in the wake of the Apple news. If Apple is successful in lau.....
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Iron ore jolts another record high, is there more steam left in the rally?
December 22, 2020 12:37 AM EST| By Team Kalkine MediaIron ore prices are once again capturing the attention as the prices spike to another record high over supply concerns and robust demand from China. The commodity clinched RMB 1,194.00 per dry metric tonne on the Dalian Commodity Exchange (DCE) on 21...
Copper Tops USD 8,000, Commodity Supercycle at Play?
December 20, 2020 08:23 PM EST| By Kunal SawhneyAt present, many analysts believe that a copper supercycle is underway and the same has resulted in copper prices hitting a record high. So, what is a commodity supercycle? Image Source: Megapixl Supercycle is defined as a wave degree under the...
Tesla Share Price at Record high, EV Leader Enters S&P 500 with a bang
December 18, 2020 11:11 PM EST| By Hina ChowdharyTesla is breaking all records with the stock contouring another record high of USD 695.00 a share yesterday. The EV giant is now all set to see its inclusion in America’s benchmark S&P 500 stock index on Monday, i.e., 21 December 2020. I...
Blackberry & Constellation: Why These Tech Stocks Are Rallying Today?
December 18, 2020 06:05 AM EST| By Kunal SawhneySummary Stocks of BlackBerry Limited began trending after the cybersecurity company released its latest quarter financial results on Thursday, December 17. The company’s total revenue registered a quarter-over-quarter drop to US$ 218 mill.....
WeCommerce, WISH & Wishpond: Traders Getting Bullish On E-Commerce Stocks
December 17, 2020 10:13 AM EST| By Kunal SawhneySummary WeCommerce stocks yielded a double-digit return on December 16. Its current market cap is closer to C$ 1 billion mark. WeCommerce stocks have added almost 105 per cent growth since Monday. Stocks of e-commerce platform Wish trading on .....
US Fed Continues to Pump Money, Nasdaq Contours New ATH
December 16, 2020 11:04 PM EST| By Kunal SawhneyThe US stock market has once again ended at a record high on 16 December 2020, with S&P 500 and Nasdaq 100 both hitting their previous record highs while Nasdaq 100 even establishing a new record of 12,698.11 (intraday high). One of the primary...
