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From TWTR to U: Web3 stocks in focus after LeBron ad creates buzz
February 14, 2022 09:58 AM PST| By Versha JainHighlights More and more crypto companies are targeting sports events for ads. This year’s Super Bowl games saw many sports stars and actors in commercials, including NBA player LeBron James, Idris Alba, and Lindsay Lohan. Compan.....
From AAPL, NVDA, COIN to SQ, top Web 3.0 stocks to explore in US
February 10, 2022 05:13 PM PST| By Versha JainHighlights After Web 1.0 and Web 2.0, Web 3.0 is the latest upgrade in the internet world. Web 3.0 has no single centralized authority, such as the government or corporation having control over public data. However, the blockchain-based Web 3......
From FB, TWTR, SNAP to BMBL, top social media stocks to watch
February 10, 2022 04:04 PM PST| By Rupam RoyHighlights Meta Platforms, Inc. (NASDAQ: FB) revenue increased by 20% YoY in Q4, FY21. Twitter, Inc. (NYSE: TWTR) revenue surged 22% YoY in Q4, FY21. Snap Inc. (SNAP) reported its first positive earnings in Q4, FY21 as a publicly traded firm. .....
Japan’s HeartCore Enterprises (HTCR) makes Nasdaq debut, stocks down 2%
February 10, 2022 11:11 AM PST| By Rupam RoyHighlights HeartCore (HTCR) offered three million shares of its common stock in the IPO. It priced the IPO at US$5 per share. The underwriter has a 45-day option to purchase an additional 450,000 shares. Shares of software company Heartco.....
Twitter, Inc (TWTR) stock climbs on new share buyback plan
February 10, 2022 10:28 AM PST| By Rupam RoyHighlights Twitter, Inc’s (TWTR) revenue soared 22% YoY in Q4, FY21. Its average daily active users increased by 13% YoY in Q4, FY21. The company expects revenue of US$1.27 billion in Q1, FY22. Social media company Twitter, Inc. (NY.....
Why SQL Technologies (SKYX) stock fell 23% in Nasdaq debut?
February 10, 2022 09:32 AM PST| By Versha JainHighlights SQL had applied for the initial public offering on Form S-1 on December 22, 2021. The company has priced the offering at US$14.00 per share. SQL plans to use the proceeds from the offering for corporate expenses. ...
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Twilio Inc (TWLO) stock surges 19% after solid cloud sales guidance
February 10, 2022 08:01 AM PST| By Rupam RoyHighlights The company's revenue rose 54% YoY in Q4, FY21. Twilio expects revenue to increase as much as 47% YoY to US$865 million in Q1, FY22. The company may start providing non-GAAP operating profit in 2023. Cloud service provider Twil.....
Velodyne Lidar (VLDR) stock skyrockets 135% after Amazon's (AMZN) deal
February 08, 2022 04:53 PM PST| By Sanjeeb BaruahHighlights Amazon’s Velodyne investments could help reduce its expenses on transporting. Amazon can appoint an observer to Velodyne's board as part of the warrant deal once its holdings exceed 12.3 million shares. The agreement comes a.....
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Snowflake (SNOW) bets on decoupled cloud architecture, stock rallies
February 07, 2022 12:29 PM PST| By Rupam RoyHighlights The SNOW stock rallied on Monday after analysts gave a bullish outlook. Snowflake expects product sales to surge to around US$10 billion by 2029. The company will report its fourth-quarter and fiscal 2022 results on March 2. Th.....
Why Spotify Technology (NYSE: SPOT) stock slumped after strong earnings?
February 04, 2022 01:32 PM PST| By Rupam RoyThe Spotify Technology SA (NYSE: SPOT) stock declined sharply after Thursday's fourth-quarter earnings. Its expected growth in the user base to 418 million total users and 183 million paid subscribers in the first quarter of 2022 failed to meet Wal.....
Snap Inc (NYSE: SNAP) nixes iPhone privacy fears - answer to Meta woes?
February 04, 2022 08:58 AM PST| By Rupam RoyHighlights Snap Inc forecasts revenue of US$1.03 billion to US$1.08 billion in Q1, FY22. It expects daily active users to be in the range of 328 million to 330 million. The company reported its first positive net income since its IPO in March .....
Amazon (AMZN) rides Rivian stake to US$14.3-bn profit, raises membership fees
February 03, 2022 04:38 PM PST| By Sanjeeb BaruahAmazon.com Inc (AMZN) on Thursday posted a fourth-quarter profit of US$14.3 billion, boosted by a pre-tax gain from its stake in electric vehicle maker Rivian Automotive. The stock rose as much as 15% in the after-market hours after dipping nearly.....
Top 10 Nasdaq semiconductor stocks to explore
February 03, 2022 12:57 PM PST| By Rupam RoyHighlights NVIDIA Corporation (NVDA) will report its fourth-quarter fiscal 2022 results on February 16. Advanced Micro Devices, Inc. (AMD) revenue rose 49% YoY in Q4, FY21. Applied Materials, Inc. (AMAT) revenue surged 31% YoY in Q4, FY21. .....
Meta (FB) lost US$200 billion in market value after results
February 02, 2022 07:51 PM PST| By Sanjeeb BaruahHighlights Meta shares fell over 20% in after-market hours, wiping off US$200 billion in market value. Meta blamed Apple’s privacy changes and macroeconomic factors for the weak results. In the earnings call, CEO Mark Zuckerberg acknowle.....
Qualcomm (QCOM) raises guidance after chip revenue lifts Q1 results
February 02, 2022 04:44 PM PST| By Versha JainHighlights Qualcomm’s revenue increased by 30% in the first quarter of fiscal 2022. Its GAAP net income grew by 38% YoY to US$3.4 billion. Its GAAP diluted earnings per share rose 41% YoY to US$2.98. Semiconductor maker Qual.....
Alphabet caps blockbuster year with strong sales, declares stock split
February 01, 2022 03:27 PM PST| By Sanjeeb BaruahGoogle's parent company Alphabet Inc. (GOOG) reported another quarter of solid growth, capping the final three months of fiscal 2021 with a 32% jump in sales to US$75.3 billion despite antitrust hurdles. Shares of Alphabet jumped more than 7% in a.....
Apple beats profit estimates as record iPhone sales lift results
January 28, 2022 01:52 PM PST| By Sanjeeb BaruahHighlights China is one of the largest markets for Apple. Its iPhone models are the top-selling phones in that country. The California-based technology company said the chip shortage had mostly affected its older iPad models, but it managed .....
Top five cloud computing stocks to explore in 2022
January 25, 2022 02:37 PM PST| By Rupam RoyHighlights DigitalOcean Holdings, Inc. (NYSE: DOCN) expects its revenue to be between US$117 million and US$119 million in Q4, FY21. Pure Storage, Inc. (NYSE: PSTG) expects its fourth-quarter fiscal 2022 revenue to be around US$630 million. Ar.....
Coinbase stock slips 10% - Will the dip stop dipping?
January 24, 2022 12:17 PM PST| By Versha JainHighlights Coinbase Global, Inc. (NASDAQ: COIN) is a cryptocurrency exchange that provides a regulation-compliant platform for retail and institutional investors. Coinbase was founded in 2012 and launched its IPO in April 2021. The Coin.....
Netflix’s share plummets, subscriber growth slows
January 24, 2022 10:20 AM PST| By Shivani JoshiOne of the world’s largest OTT platforms, Netflix reported a disappointing subscription growth in the fourth quarter of fiscal 2021. The streaming giant’s stock plummeted by 24%, from US$508.25 to US$385.30 per share.....
