AUS
NZ
UK
CA
USA
IND
Technology
Fiverr (FVRR), Fastly (FSLY) cut FY’21 outlook, stocks plummet
August 06, 2021 08:27 AM AEST| By Kiran MuraliSummary Israel-based Fiverr slashed its forecast to reflect the reduced online activity with the easing of pandemic restrictions. The global outage in June impacted Fastly’s second-quarter results and the impact could persist in the near-.....
Uber (UBER), Lyft (LYFT) report strong second-quarter revenue growth
August 06, 2021 04:48 AM AEST| By Kiran MuraliUS ride-hailing companies Uber Technologies, Inc. (NYSE: UBER) and Lyft, Inc. (NASDAQ: LYFT) reported a strong topline growth in their second quarter as the economy gradually recovers from the pandemic. Uber Technologies, Inc. In the June quarter.....
Reinventing the Facebook: What does Zuckerberg’s metaverse plan mean?
August 03, 2021 04:56 AM AEST| By Team Kalkine MediaSummary Facebook Inc. (Nasdaq: FB) has created a ‘reality lab’ where researchers are working to make Mark Zuckerberg’s metaverse dream a reality. Facebook’s vast resources, knowledge, and user base will help build the pl.....
FAANG earnings update: Profit streak continues in June quarter
August 01, 2021 05:46 AM AEST| By Kiran MuraliThe FAANG companies - Facebook Inc., Apple Inc., Amazon.Com Inc., Netflix Inc. and Google’s parent company Alphabet Inc. – saw their June quarter profit hit new records. FAANG earnings season, which started with Netflix announcing its .....
Trending: Three technology stocks catching the eye today
July 31, 2021 04:13 AM AEST| By Team Kalkine MediaSummary Twilio Inc. (NYSE: TWLO) reported revenue of US$668.9 million in Q2. Atlassian Corp (NASDAQ: TEAM) reported total revenue of US$2.1 billion in FY 2021. Matterport, Inc (Nasdaq: MTTR) stock surged 5.80% at 11.03 am ET. Twilio Inc a.....
Amazon’s Q2 profit surges as net sales surpass $100B for third time
July 30, 2021 07:52 AM AEST| By Kiran MuraliSummary Amazon earned US$7.78 billion in net income on US$113.08 billion in net sales. Online store sales grew 16%, while sales at Amazon Web Services rose 32%. Amazon’s stock plunged over 5 percent in aftermarket trading. Amazon.Co.....
Making a Splash: Six advertising stocks that are hard to miss
July 30, 2021 03:51 AM AEST| By Team Kalkine MediaSummary Interpublic (NYSE: IPG) revenue for the June quarter was US$2.5 billion, a 24% jump YoY. The stock grew over 50% YTD. MSCI (NYSE: MSCI) net income was up 44% YoY; stock surged 32.18% YTD. Criteo (NASDAQ: CRTO) has a P/E rat.....
AMD revenue surges 99% in Q2, Qualcomm’s net income more than doubles
July 29, 2021 09:42 AM AEST| By Team Kalkine MediaSummary AMD Inc.’s (NASDAQ: AMD) revenue rose by 99% YoY in Q2; the stock gained 35% in one year. QUALCOMM (NASDAQ: QCOM)reported revenue of US$8 billion, up 63% YoY. Both the companies have revised their guidance upward for next quarter.....
10 technology stocks that are under US$100 but popular on NASDAQ
July 28, 2021 09:47 AM AEST| By Team Kalkine MediaSummary Technology stocks are both value and growth stocks. The Dow Jones US Technology Total Stock Market Index (DWCTEC) gave 53% in one year. The NASDAQ Composite Index (COMP) gave around 43% in one year. Technology stocks draw signific.....
Microsoft’s revenue surges 21% in Q4, Apple’s Q3 revenue up 36%
July 28, 2021 08:32 AM AEST| By Team Kalkine MediaMicrosoft Corporation (Nasdaq: MSFT) on Tuesday reported revenue of US$46.2 billion in Q4, 2021, up 21 percent YoY, while Apple Inc. (AAPL) posted a revenue growth of 36 percent YoY to US$81.41 billion. Both MSFT and AAPL stocks were trading lower.....
Are semiconductor stocks in US still talk of the town?
July 28, 2021 06:09 AM AEST| By Team Kalkine MediaSummary Semiconductor chips are used in almost everything electronic or digital. TSMC Ltd., one of the world’s largest semiconductor companies, plans to open new plants outside Taiwan as demand for chips rise and backlogs pile up. The Do.....
Amazon, Shopify stocks tumble as focus shifts to upcoming Q2 results
July 28, 2021 04:54 AM AEST| By Team Kalkine MediaStocks of e-commerce companies Amazon.com, Inc. (NASDAQ: AMZN) and Shopify Inc. (NYSE: SHOP)plunged about 3%, close on the heels of their second quarter results this week. AMZN fell 2.85%, while SHOP declined 3.12% at 1:45 pm ET on Tuesday. A.....
3 cybersecurity stocks for a safe future
July 24, 2021 05:04 AM AEST| By Team Kalkine MediaSummary Check Point (NASDAQ: CHKP) has a P/E ratio of 20.56. CrowdStrike (NASDAQ: CRWD) gave 24.18% return YTD. Cisco Systems’ (NASDAQ: CSCO) current dividend yield is 2.75%. Cybersecurity has become a necessity for governments and .....
Staying connected through covid times: 5 social media stocks to watch
July 24, 2021 05:00 AM AEST| By Team Kalkine MediaSummary Facebook Inc. (Nasdaq: FB) has a market capitalization of US$1 trillion. Twitter Inc. (Nasdaq: TWTR) reported an income of US$81.3 million in Q2, 2021. Pinterest Inc. (NYSE: PINS) incurred a net loss of US$22 million in Q1, 2021. .....
Intel (INTC), Twitter (TWTR): Q2 results surpass estimates
July 23, 2021 08:27 AM AEST| By Kiran MuraliSummary Intel tops second-quarter revenue estimate with strong PC sales. Twitter posts second-quarter profit with a 74% topline growth. Intel’s stock fell 2%, while Twitter surged 9% in after-hours trading. Intel Corporation (NASDAQ.....
NVIDIA soars 3% day after it starts trading split-adjusted stocks
July 22, 2021 04:29 AM AEST| By Team Kalkine MediaSummary NVIDIA Corporation (NASDAQ: NVDA) declared a four-for-one stock split on May 3, 2021. The stock split became effective on July 19 after the end of the business hours. The split-adjusted stocks started trading on July 20, 2021. NVI.....
Netflix (NFLX) beats Q2 estimate with 1.5M new subscribers
July 21, 2021 08:05 AM AEST| By Kiran MuraliSummary Netflix reported a 19 percent year-over-year increase in its second-quarter revenue. The OTT content platform added 1.5 million paid memberships during the quarter. Netflix confirmed that it is in the early stages of expanding into the.....
IBM stock jumps after hours on Q2 topline growth
July 20, 2021 08:14 AM AEST| By Kiran MuraliSummary IBM’s shares popped more than 3 percent on Monday’s aftermarket trading. The technology giant posted 3% year-over-year growth in second-quarter revenue. Cloud revenue increased 13% to US$7 billion during the three months. .....
Five9 (FIVN) stock pops on Zoom’s (ZM) $14.7B takeover deal
July 20, 2021 05:22 AM AEST| By Kiran MuraliSummary The cloud contact center solutions provider’s stock rose up to 6.5% on Monday. Zoom has agreed to buy Five9 in an all-stock deal valued at US$14.7 billion. The acquisition could be completed in the first half of next calendar yea.....
Are these 10 global technology companies poised to grow in FY21?
July 16, 2021 05:58 PM AEST| By ManikaSummary For technology companies, numbers don’t matter that much. The cutting-edge technology is what makes investors interested about them. There are many cloud-based companies poised to do well in FY21. For technology stocks.....
