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Tech
Why Are Tech Stocks Slack And Salesforce Trending?
November 27, 2020 12:08 AM EST| By Team Kalkine MediaSummary Salesforce is reportedly set to acquire Slack Technologies. This transaction could beat Facebook’s US$ 19-billion acquisition of WhatsApp in 2014. On the acquisition news, stocks of Slack soared nearly 38 per cent on November 25. .....
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Bitcoin Bounces Back Sharply Towards All-Time Highs, More Steam Left in the Rally?
November 26, 2020 04:47 AM EST| By Team Kalkine MediaBitcoin prices have rebounded and how! Just in two months time span the crypto currency is up 93% to USD 19,348 on 24th November 2020 after making a low of USD 9,825 in September 2020. Bitcoin prices broke a symmetric triangle pattern on a monthly .....
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Drone Delivery Canada (TSXV:FLT) & AeroVironment: Why Are Drone Stocks Climbing?
November 26, 2020 12:00 AM EST| By Team Kalkine MediaSummary Stocks of Drone Delivery have rebounded nearly 54 per cent since the pandemic-led meltdown on March 24. Robin XL & Condor’s pre-selling testing results are getting positive market reactions in Canada and globally, as per Drone.....
This Software-Cum-Logistic Stock Flourishes Amid COVID-19
November 23, 2020 06:20 AM EST| By Team Kalkine MediaThe technology industry, one of the booming sectors amid the coronavirus outbreak, has rallied to record highs, leading to several software companies accumulating unprecedented wealth. The rally may continue as investors expect more growth from these...
Why NVIDIA (NASDAQ:NVDA) & CIIG (NASDAQ:CIIC) Stocks Are In Spotlight?
November 20, 2020 06:50 AM EST| By Team Kalkine MediaSummary NVIDIA Corporation (NASDAQ: NVDA) stocks skyrocketed by 128 per cent year-to-date (YTD) as online gaming business boomed amid the coronavirus pandemic. The company posted a record revenue in the third quarter fiscal 2021, up 57 per cent.....
Bitcoin Knocking at All-time Highs after 3 years, USD 20,000 on cards?
November 18, 2020 09:41 PM EST| By Team Kalkine MediaBitcoin is grabbing eyeballs again. The currency continues to climb and is closing in on the levels not seen since it reached its highest ever mark three years ago. Bitcoin is just 12% shy of its previous all-time high of USD 19,891.0, last seen o.....
DoorDash Files For IPO. What Next?
November 16, 2020 09:19 AM EST| By Hina ChowdharySummary DoorDash Inc filed for an initial public offering on Friday, November 13. The online food delivery showed a substantial rise in its revenue this year. The company had confidentially applied for a public listing back in February. DoorD.....
Why is Sony’s PS5 the biggest trend in Canadian markets today?
November 13, 2020 04:21 PM EST| By Team Kalkine MediaSummary Sony Corporation’s (NYSE:SNE) PlayStation 5 (PS5) launched in North American and Mexican markets on Thursday, November 12 The PS5 consoles reportedly flew off the digital shelves soon after they were launched. Sony shares climbed.....
Why Are Palantir (NYSE:PLTR) & Manulife (TSX:MFC) Stocks Trending?
November 13, 2020 09:03 AM EST| By Team Kalkine MediaSummary Palantir Technologies Inc (NYSE: PLTR, PLTR:US) and Manulife Financial Corporation (TSX: MFC) stocks have been trending on the Toronto Stock Exchange this week. Palantir stocks have been soaring in November since the company announced i.....
How Are Tech Stocks Shopify (TSX:SHOP) & Open Text (TSX:OTEX) Performing?
November 13, 2020 08:34 AM EST| By Hina ChowdharySummary Shopify’s stocks declined by over 13 per cent on the back of Pfizer’s vaccine update on Monday. However, the tech stock recovered more than 7 per cent the next day. Stocks of Shopify’s have soared about 139 per cent ye.....
Why Apple (NASDAQ: AAPL) & Sony Are Vying for Wondery?
November 10, 2020 09:11 AM EST| By Kunal SawhneySummary Apple Inc and Sony Music Entertainment are aiming to acquire Wondery, one of the largest podcast publishers headquartered in California, United States. The US-based podcaster is seeking US$300 million to US$400 million in a possible sal.....
Lightspeed POS (TSX:LSPD) Stocks Rally After 62% YoY Revenue Growth & Asset Purchase
November 06, 2020 07:21 AM EST| By Kunal SawhneySummary Lightspeed POS (TSX: LSPD) shares are currently trending on the TSX, having jumped 24 per cent so far in November. It also recently hit headlines with its second quarter 2021 financial results, in which it posted a revenue growth of 62 .....
US Stocks Watch: Google Revenue Jumps 14%, Apple Delays iPhone 12 Sale
November 01, 2020 12:10 AM EDT| By Team Kalkine MediaSummary Google stock soared after its parent company Alphabet Inc reported 14 per cent jump in third quarter revenues to US$46 billion. Apple Inc.’s iPhone 12 sale delayed; 5G handsets will not be available till mid-November. Google&rsqu.....
Shopify (TSX:SHOP) Revenues Up 96% To US$767.4 Million In Q3 2020
October 30, 2020 08:23 AM EDT| By Hina ChowdharySummary Shopify Inc gross profit grew 87 per cent to US$405.1 million in Q3 2020 The stock has advanced by 151.10 per cent YTD In the third quarter, Shopify rolled out Shop Pay Installment, a “buy now, pay later” feature to help me.....
Microsoft (NASDAQ:MSFT) Stocks Gain, AMD Falls Post Latest Quarter Announcement
October 29, 2020 07:15 AM EDT| By Team Kalkine MediaSummary Advanced Micro Devices (AMD) and Microsoft Corporation stocks have been trending on the stock market this week. AMD announced its decision to acquire rival company Xilinx Inc in an all-stock buyout of US$35 billion. Microsoft scrips ju.....
Spotlight on TSX Tech Stocks as CEOs Seek Bold Policies From Trudeau: SHOP, LSPD, CSU
October 28, 2020 01:34 PM EDT| By Kunal SawhneySummary Canada fell two spots behind Slovenia to rank 22nd in the 2020 Bloomberg Innovation Index. Over 130 tech heads wrote to PM Trudeau demanding supportive ecosystem to nurture innovation and commercialization of ideas. Shopify’s sto.....
Investors’ Line Up For Jack Ma-Led Ant Group’s US$34-billion IPO: All You Need To Know
October 27, 2020 03:51 AM EDT| By Team Kalkine MediaSummary Ant Group’s upcoming IPO is likely to surpass Saudi Aramco’s US$-29 billion record offering. The Chinese fintech giant has priced its shares for US$10.32 a pop. Ant Group is set to be listed on the Hong Kong Stock Exchange .....
PayPal, Nuvei Corp, GoldMoney: 3 FinTech Stocks On The Move
October 25, 2020 12:10 AM EDT| By Team Kalkine MediaSummary PayPal’s stock has bounced back by an astonishing 150 per cent increase since the pandemic-led crash on March 24. PayPal added 21.3 million new accounts in Q2 FY20, a 137 per cent YoY growth. Nuvei’s stock has swelled nearl.....
Intel Stocks (NASDAQ:INTC) Drop Post Q3 Report Release, AMD Gains
October 24, 2020 03:38 AM EDT| By Kunal SawhneySummary Stocks of Intel Corporation (NASDAQ: INTC) slumped after it posted its third quarter results on Friday, October 23, reflecting a lowered revenue and operating income. Following the news, AMD shares climbed over three per cent on Fri.....
Social Media Stocks Rally After Snap (NYSE: SNAP) Revenue Jump
October 21, 2020 04:06 PM EDT| By Team Kalkine MediaSocial media stocks began rallying during market afterhours on Tuesday, October 20, following the release of Snap Inc’s (NYSE: SNAP) third quarter financial results, which reflected growth. Shares of other social media companies such as Faceb.....
