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Why is Zscaler Inc. (NASDAQ: ZS) stock rising?
May 27, 2022 12:35 PM PDT| By Versha JainHighlights Zscaler, Inc. (NASDAQ: ZS) is a cloud security company with a market capitalization of US$22.29 billion. Zscaler is partnering with technology company Siemens to offer an all-in-one solution to boost secure digitalization. Zsc.....
ZIM to EGLA: Top five shipping stocks to explore in June
May 27, 2022 11:17 AM PDT| By Versha JainHighlights ZIM Integrated Shipping Services Ltd. (NYSE: ZIM) is a container shipping company. It has a dividend yield of 97.36%, with an annualized yield of US$11.40. Golden Ocean Group Limited (NASDAQ: GOGL) is a dry bulk shipping compan.....
Top 5 mid-cap stocks to explore: UTHR, SWX, ACHC, WWE & Y
May 26, 2022 12:02 PM PDT| By Rupam RoyHighlights United Therapeutics Corporation (NASDAQ: UTHR) revenue soared 22% YoY in Q1, FY22. Acadia Healthcare Company, Inc. (NASDAQ: ACHC) revenue surged nearly 12% YoY in the first quarter of fiscal 2022. Alleghany Corporation’s (NYSE.....
Dollar General Corp (DG) stock surges 10.84% after raising sales guidance
May 26, 2022 11:03 AM PDT| By Versha JainDollar General Corporation (NYSE: DG) on Thursday reported its quarterly earnings for the first quarter ended April 29, 2022. Its stock jumped 10.84% to US$216.52 at 10:53 am ET after announcing the better-than-expected results. The company report.....
BlackSky (NYSE: BKSY) bags 10-year contract from US government
May 25, 2022 02:43 PM PDT| By Team Kalkine MediaHighlights: BlackSky (NYSE: BKSY) was awarded a 10-year EOCL contract with the US Govt. BlackSky has a market cap of US$343.36 million. BlackSky’s stock price was US$2.8599 at 3:13 pm ET on May 25, 2022. Geospatial intelligence comp.....
Dick’s Sporting Goods Inc (DKS) cuts earnings guidance after sales dip
May 25, 2022 11:23 AM PDT| By Team Kalkine MediaDick’s Sporting Goods, Inc.’s (NYSE: DKS) Q1 2022 results on Wednesday showed a decline in its sales. The biggest sporting goods retailer in the US posted earnings per diluted share of US$2.47. The company’s non-GAAP earnings per.....
Five semiconductor stocks to watch in June: NVDA, AVGO, MU, QCOM & INTC
May 25, 2022 06:25 AM PDT| By Rupam RoyHighlights: NVIDIA Corporation (NASDAQ: NVDA) will release its first-quarter results on May 25. Broadcom Inc’s (NASDAQ: AVGO) second-quarter results are due on June 2. QUALCOMM Incorporated (NASDAQ: QCOM) revenue increased 41% YoY in Q2......
Five travel stocks to watch in June: TH, ARCO, BDL, BOWL & PLYA
May 24, 2022 12:35 PM PDT| By Versha JainHighlights Target Hospitality Corp.'s (NASDAQ: TH) P/E ratio is 56.6, and the forward P/E for one year is 59.4. Arcos Dorados Holdings Inc. (NYSE: ARCO) has a P/E ratio of 15.47 and a dividend yield of 2.12%. Flanigan's E.....
Ford Motor (F) sued over misleading ads; to pay US$19.2 mn to US states
May 24, 2022 12:32 PM PDT| By Team Kalkine MediaHighlights: Ford Motor Co (NYSE: F) to pay US$19.2 million for false advertising claims. Ford Motor faces multi-state litigation over misleading claims about its vehicles. Ford is prohibited from making false advertising claims in the future. .....
Snap’s (SNAP) stock rout on profit warning sparks sector-wide selloff
May 24, 2022 11:51 AM PDT| By Sanjeeb BaruahHighlights Snap Inc (SNAP) shares were trading 41.59% lower to US$13.125 at 1:44 pm ET on Tuesday. The selloff comes after it said it might miss the revenue and profit targets in the ongoing quarter In the first quarter of fiscal 2022, Snap&rs.....
Ralph Lauren’s (RL) Q4 revenue grows 18%, outpacing estimates
May 24, 2022 10:22 AM PDT| By Team Kalkine MediaHighlights: Ralph Lauren’s revenue for the fourth quarter of fiscal 2022 jumped 18%. Ralph Lauren posted earnings per diluted share of US$0.34 on a reported basis. Ralph Lauren’s fourth-quarter gross profit for fiscal 2022 was US$9.....
Five REIT stocks to explore in June: FPI, APTS, NREF, WSR & ACC
May 23, 2022 10:46 AM PDT| By Versha JainHighlights NexPoint Real Estate Finance, Inc. (NYSE: NREF) has a dividend yield of 8.19%, with an annualized dividend of US$2.00. Whitestone REIT's (NYSE: WSR) dividend yield is 4%, with an annualized dividend of US$0.48. .....
Broadcom Inc. (AVGO) in talks with VMware over a potential acquisition
May 23, 2022 10:04 AM PDT| By Team Kalkine MediaHighlights: Broadcom Inc. is in discussion to buy VMware Inc. Earlier, Broadcom acquired CA Technologies for US$18.9 billion. VMware’s stock soared 20% in premarket trading on Monday. Broadcom Inc. (Nasdaq: AVGO) is in discussion wi.....
GameStop (GME) stock gets premarket boost on crypto wallet launch
May 23, 2022 08:00 AM PDT| By Versha JainHighlights On Monday, the videogconame retailer GameStop Corporation announced the launch of its digital asset wallet. The wallet would allow users to send, receive and store cryptocurrencies and NFTs across decentralized apps (DApps) without l.....
TRU, ARB, BFG- 3 penny stocks under 50 cents that ended in green today
May 23, 2022 06:57 PM AEST| By Sonal GoyalHighlights Penny stocks are stocks of small companies that carry minimal pricing. They have potential to generate high returns but come with high risk. Shares of TruScreen, ArborGen and Burger Fuel traded over 4% higher on Monday. Penny s.....
CTVA to CC: 5 chemicals stocks that returned over 20% gains in a year
May 22, 2022 11:29 AM PDT| By Versha JainHighlights Corteva, Inc. (NYSE: CTVA) has a dividend yield of 0.98%, with an annualized dividend of US$0.56. CF Industries Holdings, Inc.'s (NYSE: CF) dividend yield is 1.57%, with an annualized dividend of US$1.60. Chemours Compan.....
TWTR, FB, and PIN among top social media stocks to explore in May
May 20, 2022 02:46 PM PDT| By Rupam RoyHighlights: Alphabet Inc.’s (NASDAQ: GOOGL) revenue surged 23% YoY in Q1, FY22. Meta Platforms, Inc.’s (NASDAQ: FB) revenue soared 7% YoY in the first quarter of fiscal 2022. Snap, Inc.’s (NYSE: SNAP) daily active users surge.....
Why Immix Biopharma Inc (IMMX) stock soared 55% on Friday?
May 20, 2022 01:21 PM PDT| By Versha JainThe Immix Biopharma Inc. (NASDAQ: IMMX) stock surged 55% after announcing positive results for its lead drug candidate IMX-110 in the first treatment cycle. The stock traded at US$2.5425 at 1:00 pm ET on Friday. The company said that its lead dru.....
Deere & Company’s (DE) net income up 17% in Q2, raises forecast
May 20, 2022 11:21 AM PDT| By Team Kalkine MediaHighlights: Deere & Company (NYSE: DE) posted a net income of US$2.098 billion for the second quarter of fiscal 2022. Deere’s attributable net income for the first half of 2022 was US$3.001 billion, or US$9.72 per share. Deere raised.....
Kohl’s (KSS) slashes profit forecast on inflation worries; stock up 4%
May 19, 2022 01:01 PM PDT| By Team Kalkine MediaHighlights: Kohl’s Corporation (NYSE: KSS) posted net sales of US$5.47 billion in the first quarter of 2022. KSS’s revenue of US$3.71 billion is down from the previous year’s US$3.88 billion. The retailer cuts its full-year p.....
