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Technology
CMC Materials (CCMP) stock soars 26% on Entegris (ENTG) acquisition
December 15, 2021 09:50 AM PST| By Versha JainHighlights CMC Materials, Inc.’s (NASDAQ: CCMP) stock soared 25.59% Wednesday, December 15. Entegris, Inc. (NASDAQ: ENTG) will acquire CMC Materials under a definitive merger agreement for an enterprise value of US$6.5 billion, appro.....
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Why is SeaChange International’s stock rallying? SEAC jumps 128%
December 14, 2021 06:25 AM PST| By Rupam RoyHighlights SeaChange International’s stock jumped over 128% Monday, December 13. It will report its third-quarter fiscal 2022 results December 14, after the market close. The SEAC stock gained over 27% YTD. The stocks of SeaChange I.....
5 US cybersecurity stocks to watch in 2022
December 13, 2021 07:37 AM PST| By Rupam RoyHighlights The stock value of Palo Alto Networks, Inc. (NASDAQ: PANW) rose 51.24% year-to-date. CrownStrike Holdings, Inc. (NASDAQ: CRWD) landed the number one place in the 2021 Fortune Future 50 list. The revenue of Zscaler, Inc. (NASDAQ: ZS).....
Red hot blue-chip technology stocks to explore in 2022
December 12, 2021 12:10 AM PST| By Rupam RoyHighlights Apple Inc (NASDAQ: AAPL) revenue rose 29% YoY in Q4, FY21. Microsoft Corporation (NASDAQ: MSFT) declares a quarterly dividend of US$0.62. Meta Platforms, Inc. (NASDAQ: FB) revenue jumped 35% YoY in Q3, FY21. The blue-chip.....
Everbridge, Inc. (EVBG) stock nosedived 46% today – Here’s why
December 10, 2021 01:07 PM PST| By Rupam RoyHighlights Everbridge CEO David Meredith said he is resigning from the post. Patric Brickley and Vernon Irvin will partner as co-CEOs to manage the strategic and operational aspects of the business. For the fourth quarter of fiscal 2021, the f.....
Why AVCT stock jumped 35% today?
December 10, 2021 12:23 PM PST| By Versha JainHighlights American Virtual Cloud Technologies, Inc. (NASDAQ: AVCT) launched IPO in 2017. The AVCT stock fell 64.80% YTD but saw a single-day jump of 35.64% on Friday. AVCT announced plans to expand its partnership with Braidio, a mobile .....
Inspira Technologies (IINN) stock soars 130% Thursday – Know why
December 09, 2021 08:52 AM PST| By Rupam RoyHighlights Inspira Technologies (IINN) stock rallied over 130% in premarket trading. Inspira has signed an exclusive distribution agreement with Innovimed Sp. It has filed a patent application (PCT) for its novel ART device. Israel-headqu.....
Siyata Mobile (SYTA) stock jumps 130% on US$1.3 million order
December 07, 2021 10:40 AM PST| By Versha JainHighlights Siyata Mobile, Inc. (NASDAQ: SYTA) stock gained over 130% after bagging a US$1.3 million order. The stock is up 83.47% quarter to date. Siyata Mobile, founded in 1986, went public in 2001. Siyata Mobile, Inc. (NASDAQ: SYT.....
MongoDB (MDB) stock jumped 21% after strong Q3 results
December 07, 2021 09:44 AM PST| By Versha JainHighlights MongoDB, Inc’s (NASDAQ: MDB) customer base increased to 31,000 as of Oct 30, 2021. Its price to book ratio is 42.14, and 90-days beta is 1.49. The stock rose 19.58% YTD. The MongoDB, Inc. (NASDAQ: MDB) stock su.....
Why is Lyft, Inc. (LYFT) stock in the limelight today?
December 07, 2021 08:36 AM PST| By Rupam RoyHighlights Lyft’s Brian Roberts will join as CFO of OpenSea. Roberts served as Lyft CFO since 2014. Lyft's revenue jumped 73% YoY in Q3, FY21. Shares of ride-sharing company Lyft, Inc. (NASDAQ: LYFT) were gaining traction in the pre.....
Top artificial Intelligence (AI) stocks to watch in December
December 04, 2021 01:25 PM PST| By Rupam RoyHighlights NVIDIA Corp’s (NVDA) revenue surged 50% YoY in Q3, FY22. IBM revenue came in at US$17.6 billion in Q3, FY21. DocuSign, Inc’s (NASDAQ: DOCU) total revenue jumped 42% YoY in Q3, FY22. As companies automate their busin.....
Why Marvell Technology (MRVL) stocks jumped Friday?
December 03, 2021 01:20 PM PST| By Rupam RoyHighlights The MRVL stocks were up over 18% in intraday trading on Friday. The MRVL stock gained over 53% YTD. The revenue of Marvel Technology jumped 61% YoY in Q3, FY22. Chipmaker Marvell Technology Inc. (NASDAQ: MRVL) is hogging the li.....
Alibaba (BABA) shares fell over 46% this year, making them cheapest ever
December 02, 2021 03:11 PM PST| By Sanjeeb BaruahUS-listed shares of Chinese technology conglomerate Alibaba Group Holding Ltd (NYSE: BABA) declined more than 46% this year, making them the cheapest ever. The BABA shares had been declining since the crackdown on the company by Chinese regulators.....
Snowflake (SNOW) stock continues to run, is it worth your penny?
December 01, 2021 02:40 PM PST| By Sanjeeb BaruahHighlights Snowflake reported a narrower-than-expected loss for the third quarter, beating expectations. It reported a loss of 51 cents per share compared with a loss of US$1.01 per share a year ago. In addition, its customers grew to 5,416 f.....
Five high-growth tech stocks to watch in 2022
November 27, 2021 10:32 AM PST| By Rupam RoyThe technology sector has been on investors' radar lately. The Covid-19 pandemic has helped accelerate the digitalization of the work processes, helping in its growth. In addition, demand for technology products like semiconductors helped improve s.....
Cohesity IPO: SoftBank-backed tech firm gears up for public offer
November 25, 2021 11:08 AM PST| By Sanjeeb BaruahSoftBank-backed data management company Cohesity might launch its much-anticipated initial public offering (IPO) by early next year, say market observers. The company has reportedly made some critical changes in its management and financial side i.....
Why did MultiPlan Corporation (MPLN) stock jump 33% today?
November 22, 2021 03:28 PM PST| By Versha JainHighlights MultiPlan Corporation (NASDAQ: MPLN) stock closed at 33% higher on Monday. The company expects to obtain the resale registration statement on Dec 10, 2021. It announced to participate in the virtual BofA Leverage Finance Conference .....
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Why did Micron Technology (MU) stock skyrocket on Friday?
November 19, 2021 05:57 PM PST| By Rupam RoyHighlights Analysts raised the pricing expectations for Micron’s DRAM (dynamic random-access memory) in the coming quarters. Micron announced that MediaTek Inc. has validated its low-power double data rate 5X DRAM. The MU stock gained ov.....
Intuit Inc. (INTU) raises guidance after earnings, stock jumps
November 19, 2021 05:44 PM PST| By Versha JainHighlights Intuit Inc. (NASDAQ: INTU) posted revenue of US$2.0 billion, up 52% YoY, in Q1, 2022. Its operating income was US$195 million, down 7% from the previous year. The company has raised the guidance for the second quarter and fi.....
Advanced Human Imaging (AHI) IPO is priced: How to buy the stock?
November 19, 2021 09:24 AM PST| By Team Kalkine MediaHighlights The Advanced Human Imaging Ltd is offering 1,000,000 shares in the IPO. It will trade with the ticker symbol ‘AHI’ on the NASDAQ Global Capital Market. Each unit consists of 2 ADS and 1 warrant. ADS will start trading on.....
