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Confluent (CFLT) IPO: Stock jumps 25% on market debut
June 26, 2021 12:16 AM AEST| By Kiran MuraliSummary Confluent stock rose 25 percent on its first day trading in NASDAQ to close at US$45.02. The California-based data cloud company raised approximately US$828 million in the IPO. Confluent posted a net loss of US$229.8 million in 2020 an.....
Three upcoming tech stocks to explore on NASDAQ
June 25, 2021 12:22 PM AEST| By Team Kalkine MediaSummary Couchbase, Inc. (BASE) was ranked No. 1 in the 2020 Workplace Wellness Awards for mid-sized companies planning for IPO. EverCommerce Inc. booked revenue of US$ 337.5 million for the fiscal year ended December 31, 2020, up 39.4% fr.....
Why did Marin Software (MRIN) surge 86% today?
June 25, 2021 02:48 AM AEST| By Team Kalkine MediaSummary Marin Software jumped 86.55% to US$3.19 at 9:34 am ET on June 24. MRIN joined hands with Instacart to provide MarinOne services on its platform. Marin’s cash and cash equivalents were US$15.2 million in the March quarter. Th.....
3D Systems (DDD) stocks trend after CollPlant (CLGN) deal
June 24, 2021 04:33 AM AEST| By Team Kalkine MediaSummary 3D Systems to develop 3D soft tissue matrix for breast reconstruction procedures. The stock of 3D Systems gained 249% YTD. It reported revenue of US$146.1 million in Q1 of 2021. The stock of 3D Systems (NYSE: DDD) was trending aft.....
What’s the link between ByteDance and TikTok?
June 22, 2021 04:37 PM AEST| By Tripti JoshiByteDance, the most valuable start-up in the world, is the developer of social networking services and video-sharing apps such as TikTok and Douyin. Douyin is the Chinese-specific counterpart to TikTok. ByteDance was founded by Zhang Yiming in Marc.....
Why is ALFI Inc. (NASDAQ: ALF) trending today?
June 22, 2021 06:08 AM AEST| By Team Kalkine MediaSummary ALFI Inc. (NASDAQ: ALF) was founded in 2018; it went public in May 2021. Its share price has almost doubled since its launch. Its disruptive DOOH technology is expected to revolutionize the way small businesses do their advertising. .....
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AMD and Nvidia: Two trending stocks
June 19, 2021 12:45 PM AEST| By Team Kalkine MediaSummary AMD launched its new generation processors on June 17; they are used in Goggle Cloud applications. NVIDIA stock jumped 47% YTD. Its gaming and data-center businesses see rapid growth. NVIDIA’s revenue surged 84% YoY to US$5.66 bi.....
The Trade Desk stocks trend on investors’ stock-split allotments
June 19, 2021 05:38 AM AEST| By Team Kalkine MediaSummary On May 10, the company had announced a 10-for-1 stock split. Shareholders received the adjusted stock-split shares on June 16. Its Q1 revenue was US$219.8 million against US$160.7 million in the same period last year. The Trade D.....
Apple vs. Amazon: Here’s how the tech giants are performing
June 19, 2021 02:43 AM AEST| By Kiran MuraliApple Inc. (NASDAQ: AAPL) and Amazon.com Inc. (NASDAQ: AMZN) are among the top technology heavyweights based in the United States. Both the companies are worth trillions of dollars in the market. Apple’s stock is included in S&P 500 Index...
Facebook launches ad service on Instagram Reels
June 18, 2021 11:25 AM AEST| By Team Kalkine MediaSummary Facebook’s daily active users as of March 31 was 1.88 billion, an increase from 1.84 million in December 2020. Facebook segments the users in various categories, such as location, gender, behavior, and interests, for ads on Facebo.....
ByteDance revenues surge 111% to US$34.3 billion in 2020
June 18, 2021 05:48 AM AEST| By Team Kalkine MediaSummary 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.....
10 Semiconductor Stocks To Watch This Summer
June 12, 2021 01:30 PM AEST| By Team Kalkine MediaSummary 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 .....
Is Apple listed on NYSE or NASDAQ?
June 08, 2021 08:46 AM AEST| By Team Kalkine MediaCalifornia-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...
Apple & Spotify: 2 Music Stocks To Watch
June 02, 2021 02:02 PM AEST| By Team Kalkine MediaSummary 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.....
Why Cloudera, C3.ai Stocks Surged On Tuesday?
June 02, 2021 08:34 AM AEST| By Kiran MuraliSummary 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 .....
Al Gore’s Firm Doubles Investment In Alibaba
June 02, 2021 05:15 AM AEST| By Team Kalkine MediaSummary 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.....
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Salesforce, HP Inc: Trending Tech Stocks on Friday
May 29, 2021 01:33 PM AEST| By Kiran MuraliSummary 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.....
Blackberry, McAfee, Fortinet: 3 Hot Cyber-Security Stocks
May 29, 2021 04:43 AM AEST| By Team Kalkine MediaSummary 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.....
Why Did LIZHI Stock Plunge More Than 6% Thursday?
May 28, 2021 10:37 AM AEST| By Team Kalkine MediaSummary 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.....
Twitter, Facebook, & SNAP: 3 Social Media Stocks On A Gaining Spree
May 28, 2021 03:15 AM AEST| By Team Kalkine MediaSummary 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. .....
