AMD and Nvidia: Two trending stocks

• June 17, 2021 12:48 PM PDT
• Team Kalkine Media

Summary ByteDance, considered the world’s most valuable startups, is yet to announce its IPO plans. It was valued at US$180 billion during a funding round in December last year in which it raised US$5 billion. ByteDance is a major rival t...

• June 11, 2021 08:30 PM PDT
• Team Kalkine Media

Summary In Q1 ended May 2, 2021, NVIDIA’s revenue surged 84% YoY to US$5.7 billion. Its gaming and data center contributed the maximum revenue at US$4.8 billion. On June 10, AMD announced that its EPYC processors would be used in Alletra ...

• June 07, 2021 03:46 PM PDT
• Team Kalkine Media

California-based technology giant Apple was founded in 1977. Steve Jobs was the co-founder of Apple, which introduced the Macintosh computer in 1984. Following years of innovation, the company today has a range of technology products, including smar...

• June 01, 2021 09:02 PM PDT
• Team Kalkine Media

Summary The music-streaming space is likely to generate about US$23.1 billion this year, and it may reach around US$33.4 billion by 2025. Apple Music may add the HiFi audio streaming layer to its Apple Airpods 3. Shopify’s recent collabo...

• June 01, 2021 03:34 PM PDT
• Kiran Murali

Summary Clayton, Dubilier & Rice, and KKR agreed to buy Cloudera for US$5.3B. ai and Shell agreed to extend their existing partnership for five years. Cloudera, Inc. (NYSE: CLDR) stock jumped over 23 percent in Tuesday’s trading ...

• June 01, 2021 12:15 PM PDT
• Team Kalkine Media

Summary Former US vice president Al Gore’s Generation Investment Management has doubled its investment in Chinese internet giant Alibaba Group. Alibaba stock surged 2.65% in the early trade on June 1. The investment firm sold all its 2,0...

• May 28, 2021 08:33 PM PDT
• Kiran Murali

Summary Salesforce expects fiscal 2022 revenue to grow approximately 22 percent. HP said it currently does not have enough supply currently to keep up with the demand. Salesforce (NYSE: CRM) stock jumped up to 7.8 percent on Friday’s...

• May 28, 2021 11:43 AM PDT
• Team Kalkine Media

Summary Blackberry collected revenue of US$893 million during the FY2021 ended in February. McAfee’s net revenue climbed 25% to US$442 million in Q1. Fortinet clocked net income of US$107.2 million at the end of the March quarter. C...

• May 27, 2021 05:37 PM PDT
• Team Kalkine Media

Summary The stock of audio entertainment company gained 72% YTD. LIZHI to announce first-quarter results on June 1, 2021. Lizhi collected revenue of US$229.8 million in the fiscal year 2020. The stock of LIzhi Inc. (NASDAQ: LIZI) fell 6.2...

• May 27, 2021 10:15 AM PDT
• Team Kalkine Media

Summary Twitter’s revenue surged 19% to US$556 million in Q1 of 2021. Facebook reported US$9.49 billion in net income in Q1, an increase of 94% YoY. Snapchat saw 66% growth in revenue YoY to US$770 million in Q1.     &nbsp...