Tech
BlackBerry (TSX:BB) & Cloudflare (NYSE:NET): Cybersecurity Stocks in Focus
October 20, 2020 03:46 AM EDT| By Team Kalkine MediaSummary Cybersecurity stocks like BlackBerry Limited (TSX: BB) and Cloudflare Inc (NYSE: NET) gained traction in Canada since the CRA website cyberattacks in July and August. BlackBerry shares jumped in October after announcing its partnership .....
Why Auto Stocks Hertz Global (NYSE:HTZ) & Facedrive (TSXV:FD) Are Trending?
October 19, 2020 12:23 PM EDT| By Team Kalkine MediaAuto inventories have piled up due to weaker sales amid the Covid-19 outbreak. This year has already been rough for the industry in terms of cash flow. Canada is one of the largest autos producing and exporting nations in the world. Entire .....
Nuvei, Lightspeed & GoldMoney: Canadian Fintech Stocks Bloom in Pandemic
October 15, 2020 12:25 PM EDT| By Team Kalkine MediaSummary The pandemic has thrust fintech and paytech companies into the spotlight as consumers shift from cash to virtual payment systems. Nuvei’s stock has surged 17 per cent since its stock market debut in September this year. Lightspee.....
Amazon (NASDAQ:AMZN) Stock Surges Amid Prime Day Event
October 13, 2020 01:27 PM EDT| By Team Kalkine MediaSummary Stocks of Amazon Inc (NASDAQ: AMZN) jumped nearly five per cent on Monday ahead of its Prime Day event. Delayed from its usual slot in July, the two-day Prime Day sale is now set to run on October 13 and 14. Amazon workers in Germany h.....
Is This the Consolidation Phase for Gold and Silver? Are There any Surprises?
October 13, 2020 12:47 AM EDT| By Team Kalkine MediaGold Spot Multi-Contributor (XAU/USD) on Technical Chart Gold Spot Multi-Contributor (XAU) Monthly Chart (Source: Refinitiv Eikon Thomson Reuters) Gold prices were on an upswing on 09 October 2020, and closed at USD 1929.43, up by 1.87%. Gold i.....
Why Are Tech Stocks AMD (NASDAQ:AMD) and IBM (NYSE:IBM) Rallying?
October 09, 2020 11:15 PM EDT| By Kunal SawhneyShares of American tech giants Advanced Micro Devices Inc (NASDAQ: AMD) and International Business Machines Corporation (NYSE: IBM) are currently rallying on the stock markets. While AMD hit headlines on Thursday with the news of its latest Ryzen 5.....
Lightspeed (TSX:LSPD) & Fastly (NYSE:FSLY): 2 Trending Tech Stocks
October 09, 2020 06:59 AM EDT| By Team Kalkine MediaSummary Fastly (NYSE:FSLY) and Lightspeed (LSPD:TSX) among top trending stocks in Canadian markets this week. Lightspeed declared Q1 2021 results that shows revenue of US$36.2 million. In Q3 2020, Fastly became available on the Google Cloud Ma.....
Blackberry (TSX:BB) and Absolute (TSX:ABT): 2 TSX Cybersecurity Stocks on Investor’s Radar
October 02, 2020 08:00 AM EDT| By Team Kalkine MediaAccounts of thousands of Canadians were compromised in two recent cyberattacks on the Canada Revenue Agency. In the latest incident, the cybercriminals reportedly targeted over 48000 accounts. These acts highlight.....
How Palantir (NYSE:PLTR) and Asana (NYSE:ASAN) Stocks Fared on Debut Day?
October 01, 2020 10:00 AM EDT| By Team Kalkine MediaSummary Palantir Technologies and Asana Inc made their much-awaited Wall Street debut this week. At US$ 10 per share price, data mining firm Palantir’s market valuation stands at US$ 22 billion. Workplace app Asana debuted at a price of .....
5 Unicorn Tech IPOs To Watch Out In 2020: Airbnb, Ant Group, Palantir, Robinhood & Asana
September 28, 2020 10:30 AM EDT| By Team Kalkine MediaSummary After a gloomy start to 2020, stock markets are readying to usher in a series of initial public offerings (IPOs). Some of these highly anticipated IPOs include tech unicorns Airbnb, Ant Group, Palantir, Robinhood and Asana. Despite the.....
Shopify Inc (TSX: SHOP) and Nuvei Corporation (TSX: NVEI): 2 Thriving Tech Stocks
September 25, 2020 09:55 AM EDT| By Team Kalkine MediaSummary Tech stocks have been an investor favorite throughout the pandemic. The S&P/TSX Capped Information Technology index shows a year-to-date growth of over 35 per cent. Tech companies Shopify Inc and Nuvei Corporation showed increased .....
Tesla Battery Day and Microsoft Xbox Preorder Put US Stocks on Limelight For Canadians
September 24, 2020 03:12 PM EDT| By Team Kalkine MediaSummary Stocks of leading American companies Microsoft Corporation (NASDAQ: MSFT) and Tesla (NASDAQ: TSLA) have performed relatively well through the pandemic. Investors had their eyes on Tesla stocks in the anticipation of its ‘Battery...
Nuvei Technologies And Unity Software Join Tech-Tonic IPO Rush Of 2020
September 18, 2020 10:55 AM EDT| By Hina ChowdharySummary Nuvei Technologies Corp (TSX: NVEI) scripted the biggest tech IPO on the Toronto Stock Exchange, raising US$ 700 million from the market. Video game developer Unity Software Inc. (NYSE: U) expects to raise US$ 1.3 billion through its IP.....
AMD, Tesla and Apple: 3 US Tech Stocks Every Canadian Investor Should Look At
September 16, 2020 05:00 PM EDT| By Team Kalkine MediaSummary Stocks of leading American companies Apple Inc (NASDAQ: AAPL), AMD (NASDAQ: AMD) and Tesla (NASDAQ: TSLA) have performed well amid the COVID-19 crisis. Tesla’s stocks saw a recent surge in value following ‘Battery Day’.....
Netflix, Apple, Facebook, Microsoft: A Primer on Top Tech Stocks Beyond Shopify
September 12, 2020 08:42 PM EDT| By Team Kalkine MediaTech stocks have been a favorite among investors through the troubled times of COVID-19. Though they crashed by over 8 per cent in the first week of September, the TSX tech index has seen a steady growth of 35.5 per cent year-to-date. In the last s.....
This TSX Tech Stock Has Been Soaring in the Face of COVID-19
September 11, 2020 04:00 PM EDT| By Team Kalkine MediaThe COVID-19 pandemic has seen stock markets around the world crash in a manner never seen before. But through this crisis, some company stocks have risen high, incurring massive gains. One such Canadian tech com...
Shopify and Constellation: Architects of TSX’s Tech-tonic Gains
September 10, 2020 07:00 PM EDT| By Kunal SawhneySummary The pandemic is transforming the global economy and technology has taken the center stage. Tech stocks emerged as the winners in the COVID-roiled markets of 2020. However, the stocks crashed in the first week of September, with the tec.....
Why Are Canadian Tech Stocks Soaring Despite Weak Market Conditions?
September 05, 2020 04:10 PM EDT| By Team Kalkine MediaCanada’s economy has primarily been fueled by its abundant natural resources – a fact highlighted by materials index’s bull run on the Toronto Stock Exchange (TSX) during the pandemic. But the country is changing, and a new post-C.....
What is Stock Split? Are Shopify, Alphabet & Amazon Heading Towards It?
September 03, 2020 11:11 PM EDT| By Team Kalkine MediaShopify, Alphabet and Amazon stock splits on the horizon? (Feature Image Source: Shopify) Summary Stocks of Silicon Valley giants -- Apple and Tesla – surged after their stock splits came into effect in August. Their success has prompted...
PayTech Firm Nuvei’s Eyes Largest Canadian Technology IPO of 2020
September 01, 2020 11:00 PM EDT| By Team Kalkine MediaMontreal-based payment technology firm Nuvei Technologies Corp could soon be the new power horse on the Toronto Stock Exchange. The company, which was valued at C$ 2.65 billion in December 2019, is eyeing a dual initial public offering (IPO) in Can.....