Stocks
Why Vaxxinity Inc. (VAXX) stock zoomed over 80% on Friday?
April 29, 2022 03:17 PM PDT| By Versha JainHighlights Texas-based Vaxxinity is a biotechnology company specializing in vaccines for chronic disorders and infectious diseases. The company launched its IPO in November 2021. The stock price has declined by over 72% since the IPO. .....
Eli Lilly’s (LLY) Q1 revenue grows 15% on obesity drug sales
April 28, 2022 12:21 PM PDT| By Team Kalkine MediaHighlights: Eli Lilly and Company (LLY) reported a 15% revenue growth in the first quarter. Eli Lilly’s Covid-19 vaccine revenue grew to US$660 million. Its key growth products are Tirzepatide, Trulicity, Verzenio, Jardiance, and Taltz. .....
5 dividend-paying mid-cap stocks to watch: WLL, ZIM, SBLK, GOGL & ARCH
April 28, 2022 10:31 AM PDT| By Versha JainHighlights ZIM Integrated Shipping Services Ltd. (NYSE: ZIM) has a dividend yield of 37.07% and an annualized dividend of US$19.50. Star Bulk Carriers Corp’s (NASDAQ: SBLK) dividend yield is 29.61%, and the annualized dividend is US$8.00......
Mastercard’s (MA) net income soars 43% in Q1 as travel picks up
April 28, 2022 10:07 AM PDT| By Team Kalkine MediaHighlights Mastercard Incorporated (NYSE: MA) posted net income of US$2.6 billion in Q1, 2022. The diluted earnings per share grew to US$2.68 from US$1.83 in the year-ago quarter. The credit card reported a gross dollar volume (GDV) increase o.....
NVDA to AMD: Will these 5 semiconductor stocks ride out supply crunch?
April 28, 2022 08:11 AM PDT| By Rupam RoyHighlights: NVIDIA Corporation (NASDAQ: NVDA) revenue increased by 53% YoY in Q4, FY22. Advanced Micro Devices, Inc. (NASDAQ: AMD) will report its first-quarter results on May 3. ASML Holding N.V. (NASDAQ: ASML) expects net sales between US$5......
Why Vivakor, Inc. (VIVK) stock rose 100% on Wednesday?
April 27, 2022 01:17 PM PDT| By Versha JainHighlights Vivakor is a clean energy technology company. It specializes in solutions for soil protection during hydrocarbon exploration activities. On April 27, it signed a 10-year contract with asphalt supplier Hot Oil Transport. Vivakor.....
T-Mobile (TMUS) Q1 revenue grows 7%, propelled by 5G expansion
April 27, 2022 10:08 AM PDT| By Team Kalkine MediaAmerica’s leading telecommunications company T-Mobile (TMUS) on Wednesday posted revenue of US$15.1 billion for the first quarter revenue of fiscal 2022. The strong performance was driven by an unprecedented increase in 5G connections. Its d.....
RTX to LHX: 5 aerospace, defense stocks with 2-digit 1-year return
April 27, 2022 08:09 AM PDT| By Versha JainHighlights Raytheon Technologies Corporation (NYSE: RTX) stock has a P/E ratio of 38.76 and a dividend yield of 2.03%. Lockheed Martin Corporation's (NYSE: LMT) dividend yield is 2.51, and its annualized dividend is US$11.20. L3Harri.....
Raytheon Technologies (RTX) Q1 income soars 43% on aerospace recovery
April 26, 2022 12:31 PM PDT| By Team Kalkine MediaHighlights: Raytheon sales were up 3% to US$15.7 billion in Q1 compared to the year-ago quarter. Raytheon’s results were boosted by the recovery in the commercial aerospace sector. Raytheon also confirmed a share buyback of US$2.5 billi.....
SPCE, ASTR, MAXR among top space stocks to explore in Q2
April 26, 2022 12:05 PM PDT| By Rupam RoyHighlights: Lockheed Martin Corporation (NYSE: LMT) stock returned gains of over 24% YTD. Rocket Lab USA, Inc. (NASDAQ: RKLB) will report its first-quarter fiscal 2022 earnings on May 16. Virgin Galactic Holdings, Inc. (NYSE: SPCE) will publis.....
Why Evoke Pharma (EVOK) stock soared 139%?
April 26, 2022 10:56 AM PDT| By Versha JainHighlights Evoke Pharma is a specialty pharmaceutical company focused on drugs for treating gastrointestinal disorders and diseases. The US Food and Drug Administration (FDA) has granted new drug product exclusivity for the company.....
United Parcel Service (UPS) thumps Q1 estimates, rides e-com boom
April 26, 2022 10:02 AM PDT| By Team Kalkine MediaHighlights United Parcel Service (NYSE: UPS) posted its first-quarterly profits for fiscal 2022 on Tuesday, riding on the back of a thriving e-commerce trend. The parcel delivery company reported consolidated revenues of US$24.4 bn. UPS reaffi.....
Swiss drugmaker Novartis (NVS) Q1 revenue gallops on robust sales
April 26, 2022 07:41 AM PDT| By Team Kalkine MediaHighlights The company posted core operating income of US$4.08 billion. The revenue for its generic drug unit Sandoz was US$538 million. Novartis announced a share buyback program in December 2021. Swiss drugmaker Novartis AG (NYSE: NVS) .....
Why Veru Inc. (VERU) stock surged more than 20% today?
April 25, 2022 12:29 PM PDT| By Versha JainHighlights Veru Inc. (VERU) is a biopharmaceutical company focused on urology and oncology. VERU stock rose 80.51% YTD and 18.88% in one year. The stock has a market capitalization of US$1.03 billion. Shares of biopharmaceuticals co.....
CELU to CMPI: Explore top 5 biotech stocks with over 100% YTD return
April 25, 2022 11:31 AM PDT| By Versha JainHighlights Sierra Oncology, Inc. (NASDAQ: SRRA) stock grew 150.14% year-to- Voyager Therapeutics, Inc. (NASDAQ: VYGR) generated a 17% return YTD. Checkmate Pharmaceuticals, Inc. (NASDAQ: CMPI) stock rose 257.04% YTD. Biotechn.....
Coca-Cola (KO) posts Q1 profits of US$2.78 bn, driven by strong sales
April 25, 2022 10:38 AM PDT| By Team Kalkine MediaHighlights: Coca-Cola (Nasdaq: KO) posted higher sales in the first quarter of fiscal 2022. Coca-Cola’s sales climbed 16% to US$10.49 billion in the quarter. The KO stock was marginally down 0.02% to US$65.24 at 1:32 pm ET on Monday. .....
KO, PEP, STZ among top beverage stocks to explore in Q2
April 25, 2022 09:09 AM PDT| By Rupam RoyHighlights: PepsiCo, Inc’s (NASDAQ: PEP) revenue increased over 12% YoY in Q4, FY21. Monster Beverage Corp (NASDAQ: MNST) revenue surged over 19% YoY in Q4, FY21. Constellation Brands, Inc. (NYSE: STZ) revenue surged 8% YoY in Q4, FY21. .....
Why Erytech Pharma (ERYP) stock zoomed over 57% on Monday?
April 25, 2022 08:23 AM PDT| By Team Kalkine MediaHighlights: The Erytech Pharma SA (NASDAQ: ERYP) stock shoot up by over 57% in premarket on Monday. Investors took great interest in Erytech’s announcement of selling its US manufacturing facility to Catalent. The ERYP stock closed Frida.....
GCO to CHS: 5 apparel stocks to explore in Q2
April 24, 2022 01:35 PM PDT| By Versha JainHighlights Genesco Inc. (NYSE: GCO) has aP/E ratio of 8.54. The stock grew 45.61% in one year. Delta Apparel, Inc.'s (AMEX: DLA) P/E ratio is 9.63, and its one-year return is 8.78%. Chico's FAS, Inc. (NYSE: CHS) has a P/E ratio.....
Top material stocks to explore in Q2: FCX, NEM, CTVA, DOW & NUE
April 24, 2022 11:27 AM PDT| By Rupam RoyHighlights: Freeport-McMoRan, Inc. (NYSE: FCX) reported earnings of US$1.04 per diluted share in Q1, FY22. Newmont Corporation (NYSE: NEM) returned over 35% gains YTD. Dow Inc. (NYSE: DOW) net sales increased by 28% YoY in Q1, FY22. The m.....