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SPTN to GO: 5 food and staple stocks to explore amid inflation
June 07, 2022 05:58 AM PDT| By Versha JainHighlights: SpartanNash Company (NASDAQ: SPTN) declared a quarterly cash dividend of US$0.21 payable on June 30, 2022. Its current dividend yield is 2.35%. Last month, Grocery Outlet Holding Corp. (NASDAQ: GO) partnered with Uber for grocery de.....
Will DiDi Global (DIDI) stock recover as China set to close probe?
June 06, 2022 11:34 AM PDT| By Versha JainHighlights DiDi Global Inc. (NYSE: DIDI) stock gained after China regulators said they are preparing to lift the ban on the company as the probe nears a conclusion. In May this year, the company notified the New York Stock Exchange (NYSE) of it.....
Becton, Dickinson & Co (BDX) to acquire Parata Systems for US$1.525 bn
June 06, 2022 10:08 AM PDT| By Mridul GogoiHighlights: Becton, Dickinson & Company or BD (NYSE: BDX) to acquire Parata Systems for US$1.525 billion. The deal is likely to close by the end of the first half of fiscal 2023 for BD. The pharmacy automation market is set to grow approxi.....
SWCH to PLAB: Should you consider these 5 tech stocks under US$50?
June 06, 2022 09:47 AM PDT| By Versha JainHighlights Switch, Inc. (NYSE: SWCH) stock has a P/E ratio of 841.5 and a dividend yield of 0.62%. Photronics, Inc. (NASDAQ: PLAB) reported a 28% revenue growth YoY at 204.5 million for the fiscal second quarter ended May 1, 2022. Richar.....
Top trending solar energy stocks to watch: ARRY, SHLS, RUN, SPWR & FTCI
June 06, 2022 09:01 AM PDT| By Versha JainHighlights Array Technologies, Inc. (NASDAQ: ARRY) stock surged 22.00% to 14.03 at 8:34 am ET on June 6. Shoals Technologies Group, Inc. (NASDAQ: SHLS) stock has a P/E ratio of 307.2 and a forward P/E for one year of 65.21. Sun.....
RSG to WM: Five stocks to watch on this World Environment Day
June 04, 2022 11:42 AM PDT| By Versha JainWorld Environment Day was first observed on June 5, 1972, to highlight the negative impact of human activities on the planet and call for remedial measures. Drought, floods, and pollution are no longer rare, unusual phenomena but climate emergencie.....
BPT to PBT: 5 small-cap stocks that gave over 275% returns
June 03, 2022 01:51 PM PDT| By Versha JainSmall-cap companies are those with a market capitalization of US$300 million to US$2 billion. Although these companies have strong growth potential and generally outperform large-cap stocks, investments in these stocks may also come with various ri.....
ADBE to CRM: Five top SaaS stocks to explore in June
June 03, 2022 01:46 PM PDT| By Rupam RoyHighlights: Snowflake Inc. (NYSE: SNOW) revenue rose 85% YoY in Q1, FY23. Adobe Inc. (NASDAQ: ADBE) expects total revenue to be around US$4.34 billion in the second quarter of fiscal 2022. Salesforce, Inc. (NYSE: CRM) expects fiscal 2023 reven.....
Turning Point (TPTX) stock zooms 115% on Bristol Myers’ (BMY) acquisition
June 03, 2022 11:31 AM PDT| By Versha JainHighlights Turning Point Therapeutics, Inc. (TPTX) is focused on precision oncology therapy. It was founded in 2013 and launched its IPO in April 2019. Bristol Myers Squibb is acquiring Turning Point for US$4.1 billion in equity va.....
Oracle (ORCL) to buy IT firm Cerner Corp (CERN) for US$28.3 billion
June 02, 2022 02:07 PM PDT| By Mridul GogoiUS software giant Oracle Corp (NYSE: ORCL) has obtained unconditional EU antitrust clearance to acquire healthcare IT firm Cerner Corp (Nasdaq: CERN) for US$28.3 billion. It was announced by the EU competition enforcer on Thursday. The acquisitio.....
Hormel (HRL) delivers record Q2 sales; stock slips on weak forecast
June 02, 2022 12:03 PM PDT| By Mridul GogoiHormel Foods Corporation (NYSE: HRL) posted record sales and double-digit earnings in its Q2 FY-22 earnings results on Thursday, June 2, 2022. The leading global food brand, Hormel, delivered record net sales of US$3.1 billion, which is up 19% fro.....
Palantir (PLTR) stock soars after bagging US$53-mn govt contract
June 02, 2022 11:32 AM PDT| By Versha JainShares of Palantir Technologies Inc. (NYSE: PLTR) surged 8.88% on Thursday after receiving a lucrative US$53.89 million contract from the US Space Systems Command (SSC) and Battle Management Command, Control, and Communications (BMC3). The PLTR st.....
COP to EOG: Five oil & gas stocks to explore amid Russian import ban
June 02, 2022 09:15 AM PDT| By Rupam RoyHighlights: ConocoPhillips (NYSE: COP) returned over 52% gains YTD. EOG Resources, Inc. (NYSE: EOG) reported revenue of US$3.98 billion in Q1, FY22. Hess Corporation (NYSE: HES) returned over 60% gains YTD. On Tuesday, oil prices jumped t.....
AAPL to ADBE: Should you consider these 5 tech stocks amid inflation?
June 01, 2022 07:31 AM PDT| By Rupam RoyHighlights: Apple Inc. (NASDAQ: AAPL) revenue increased by 9% YoY in Q2, FY22. Microsoft Corporation (NASDAQ: MSFT) revenue rose 18% YoY in Q3, FY22. Accenture plc (NYSE: ACN) expects revenue of US$15.70 billion to US$16.15 billion in Q3, FY22.....
Why Mullen (MULN) stock soared over 35% on Tuesday?
May 31, 2022 09:55 AM PDT| By Versha JainThe Mullen Automotive, Inc. (NASDAQ: MULN) stock jumped 35.64% to US$1.3106 at 10:40 am ET on Tuesday after announcing impressive test results from its polymer solid-state battery. The batteries are used in EVs, wearables devices, pacemakers, etc.&.....
Five AI stocks to consider in June: IBM, MU, AMAT, AI & ADBE
May 31, 2022 09:13 AM PDT| By Versha JainHighlights International Business Machines Corporation (NYSE: IBM) has a dividend yield of 4.74% and an annualized dividend of US$6.60. Micron Technology, Inc. (NASDAQ: MU) manufactures DRAM for PCs. On May 11, MU announced surpassing 50,.....
Top 5 space stocks to watch: SPCE, ASTR, LMT, MAXR, & BKSY
May 29, 2022 01:44 PM PDT| By Rupam RoyThe space sector comprises companies engaged in the aerospace business. The industry has been in the limelight in recent years, with many private players joining the space business. Last year, the sector attracted over US$17 billion alone from Ven.....
MUSA to TH: Five consumer discretionary stocks to explore in June
May 29, 2022 10:10 AM PDT| By Versha JainConsumer discretionary stocks are companies that manufacture or offer services considered non-essential, such as entertainment, cars, furniture, etc. Some large consumer discretionary companies are Amazon.com Inc (AMZN), Tesla Inc (TSLA), and Nike .....
MTB, AXP among top five S&P 500 financial stocks to explore
May 28, 2022 11:09 AM PDT| By Rupam RoyBanks are the largest segment of the financial sector, which also includes companies engaged exclusively in insurance and mortgage like REITs. Besides, there are also fintech companies. Here we discuss the top five S&P 500 financial stocks w.....
Aurora Cannabis (CAN) stock falls after bought deal raised to US$150 mn
May 27, 2022 03:27 PM PDT| By Mridul GogoiHighlights: Aurora Cannabis Inc. (Nasdaq: ACB) to raise the size of its previously bought deal to US$150 million. Shares of Aurora Cannabis dived substantially on Friday. Investors sensed desperation in the company, triggering shares to drop. .....
