Technology
Top SaaS stocks on Wall Street
July 16, 2021 06:41 AM AEST| By Team Kalkine MediaSummary Adobe (ADBE)stock gave a 21.01% return YTD. Its closing price on July 14 was US$608.83. com Ltd. (WIX) stock closed at US$281.23 on July 14, 2021. It gave a 10.27% return YTD. Shopify Inc. (SHOP)stock closed at US$1463.00 on July 14, a.....
Top three 5G stocks to explore
July 16, 2021 06:22 AM AEST| By Team Kalkine MediaSummary Nokia Corporation (NYSE: NOK) revised its guidance upward for an entire year on July 29. QUALCOMM (NASDAQ: QCOM)declared a quarterly dividend of US$0.68 per share. Verizon Communications (NYSE: VZ)announced the expansion of its 5G busi.....
Why Nokia (NYSE: NOK) stock rallied on Tuesday?
July 14, 2021 08:57 AM AEST| By Team Kalkine MediaSummary Nokia’s stock jumped as much as 11 percent on Tuesday’s trading. The company will raise the full-year 2020 outlook when it publishes Q2 results. Finland-based Nokia’s stock returned 50 percent year to date on NYSE. .....
Two trending stocks: SCWorx Corp and Exela Technologies
July 14, 2021 06:04 AM AEST| By Team Kalkine MediaSummary Exela Technologies, Inc (Nasdaq: XELA) stock soared by 39.03% at 12.51 pm ET on July 13. SCWorx Corp (Nasdaq: WORX) stock surged 27.45% at 12.26 pm on July 13 after social media hype. XELA has reported revenue of US$300.1 million in Q1.....
Branson steals the march on Bezos in billionaires’ space race
July 13, 2021 10:18 AM AEST| By Furquan MoharkanSummary Richard Branson has beaten Jeff Bezos to the punch in billionaires’ space tourism race. With a price tag between US$200,000 to US$250,000 per ticket, an advance sale of about 600 tickets from 60 different countries has already bee.....
StoneCastle (BANX) issues RDO of 492,234 shares: Check Details here
July 13, 2021 09:56 AM AEST| By Team Kalkine MediaSummary StoneCastle Financial (BANX) announced a US$10.8 million registered direct offering for 492,234 common stock shares. BANX is an investment company with a US$145.57 million market capitalization. Its current dividend yield is 6.94%. .....
What are FAANG stocks?
July 13, 2021 09:16 AM AEST| By Kiran MuraliSummary FAANG refers to the stocks of Facebook, Amazon, Apple, Netflix, and Alphabet. FAANG stocks’ market capitalization ranges from US$237 billion to over US$2 trillion. All five companies are included in the S&P 500 Index. FA.....
Why chipmaker Broadcom plans to acquire software firm SAS?
July 13, 2021 08:25 AM AEST| By Sanjeeb BaruahSummary Semiconductor major Broadcom’s stock prices went up by 0.78% after the news. The deal is valued at US$15-US$20 billion. Its market cap is likely to reach US200 billion. Chipmaker Broadcom Inc. (Nasdaq: AVGO) plans to buy sof.....
AgriFORCE (NASDAQ:AGRI) stock rebounds on second trading day
July 10, 2021 06:43 AM AEST| By Team Kalkine MediaSummary AgriFORCE’s stock bounced back on Friday after declining in its stock market debut on Thursday. The agriculture-focused technology company raised approximately US$13.6 million in the public offering. AgriFORCE stock, which was pr.....
Top small-cap tech stocks to explore in July
July 08, 2021 05:54 AM AEST| By Team Kalkine MediaSmall-cap tech stocks are technology companies having a market capitalization of US$300 million to US$2 billion. Small-cap stocks have the potential to become mid-cap or large-cap companies. However, their stocks are often volatile and hence riskie.....
What are top 10 technology stocks?
July 07, 2021 08:27 AM AEST| By Team Kalkine MediaTechnology stocks are seeing renewed attention from investors after a lull in the past few months. The tech-heavy Nasdaq Composite Index is up 24.37 points or 0.18% from the previous close on Tuesday, marking gains for a third consecutive session. .....
Robinhood (HOOD) reveals US$1.4B Q1 loss ahead of IPO
July 03, 2021 08:00 AM AEST| By Kiran MuraliSummary The stock brokerage firm attributed the first-quarter loss to US$3.5 billion debt. Robinhood posted a net income of $7 million in 2020, against a $107 million loss in 2019. The company expects to trade its stock on NASDAQ under the sym.....
Data Is New Oil. Here is why.
July 01, 2021 04:06 PM AEST| By Furquan MoharkanIt is said that “Data is the new oil. Like oil, data is valuable, but if unrefined it cannot really be used.” It was famously first coined by Clive Humby, UK Mathematician, and architect of Tesco's Clubcard. Data seems to be most sought...
China’s DiDi is worth US$68 billion after its Wall Street debut
July 01, 2021 10:24 AM AEST| By Team Kalkine MediaSummary The stock opened at US$16.65 against the offering price of US$14. The company was expecting a valuation of US$100 billion after the IPO. The IPO saw considerable success despite the ongoing US-China trade dispute and Washington's conce.....
Bsquare (BSQR), Verb (VERB): 2 rising tech stocks
July 01, 2021 03:31 AM AEST| By Kiran MuraliSummary Bsquare and Verb Technology gained around 250 percent and 30 percent, respectively, in the last five days. Bsquare stock returned approximately 250 percent year to date. Verb Technology share price grew around 41 percent this year. .....
Why Exela Technologies stock (XELA) soared on Tuesday?
June 30, 2021 08:23 AM AEST| By Kiran MuraliSummary Exela stock rose 59 percent to end Tuesday’s trading at US$2.34 on Tuesday. The business process automation company is rolling out its EON platform for a large health insurance company. Exela projects its full-year revenue in the.....
Marin Software (MRIN) stock gains 90%, continues last week’s rally
June 29, 2021 09:04 AM AEST| By Kiran MuraliSummary The stock value more than doubled last week. On Monday, Marin Software stock jumped up to 90 percent. The stock rally started after following the integration of Instacart Ads on MarinOne. Marin Software Incorporated (NASDAQ: MRIN).....
Five top fintech stocks to watch this week
June 29, 2021 08:57 AM AEST| By Team Kalkine MediaSummary Fintech companies offer payment processing, online and mobile banking, and a range of other financial services. Square Inc., a financial services and digital payment company, has a market capitalization of US$112 billion. Green Dot Cor.....
Embark Trucks to go public via SPAC: All you need to know
June 29, 2021 06:31 AM AEST| By Kiran MuraliSummary The autonomous truck company will become public via a SPAC merger. The business combination will give Embark a market capitalization of US$5.16 billion and an enterprise value of US$4.55 billion. Embark eyes US$614 million in cash proc.....
SentinelOne (S) IPO price rise: What it means for investors
June 29, 2021 05:53 AM AEST| By Team Kalkine MediaSummary The company was founded in 2013 and released its first endpoint security solution in 2015. SentinelOne (NYSE: S) raised the price range for IPO to US$31-US$ 32 as per an amendment filed with SEC. The total shares available for the publ.....