Stocks
Alphabet caps blockbuster year with strong sales, declares stock split
February 01, 2022 03:27 PM PST| By Sanjeeb BaruahGoogle's parent company Alphabet Inc. (GOOG) reported another quarter of solid growth, capping the final three months of fiscal 2021 with a 32% jump in sales to US$75.3 billion despite antitrust hurdles. Shares of Alphabet jumped more than 7% in a.....
Cedar Fair (FUN) stock rallies after SeaWorld’s (SEAS) purchase offer
February 01, 2022 02:33 PM PST| By Rupam RoyHighlights SeaWorld is offering US$3.4 billion for Cedar Fair. Based in Sandusky, Ohio, Cedar Fair runs amusement and water parks. The Cedar Fair (FUN) stock returned over 18% gains in the past 12 months. The stocks of Cedar Fair,.....
Moderna (MRNA) gets full approval for Spikevax, stock jumps 4.5%
January 31, 2022 01:22 PM PST| By Versha JainHighlights Moderna, Inc. (MRNA) received full FDA approval for Spikevax. The vaccine approval is for people aged 18 years and older. The stock surged more than 4.5% in the intraday session. The Moderna, Inc. (NASDAQ: MRNA) stock s.....
3 Penny Stocks To Watch Out For In 2022
January 30, 2022 09:46 PM PST| By Shah Gilani (Guest)Penny stocks are a popular stock category for investors who are looking for short-term gains from explosive price changes in the market. These stocks trade at less than US$5 a piece share and hold low market capitalization. And while you can find few...
Top penny stocks to explore in February
January 29, 2022 12:00 PM PST| By Versha JainHighlights Birks Group Inc. (AMEX: BGI) reported an increase in its interim net sales by 3% YoY for the nine weeks ending December 25, 2021. Hudson Technologies, Inc. (NASDAQ: HDSN) has a P/E ratio of 8.56. The stock rose 226% in one year. .....
Apple beats profit estimates as record iPhone sales lift results
January 28, 2022 01:52 PM PST| By Sanjeeb BaruahHighlights China is one of the largest markets for Apple. Its iPhone models are the top-selling phones in that country. The California-based technology company said the chip shortage had mostly affected its older iPad models, but it managed .....
Two food stocks to explore in February
January 28, 2022 11:25 AM PST| By Versha JainHighlights The food companies are a part of the consumer staples segment. Albertsons Companies, Inc. (NYSE: ACI)operated 2,278 food and drug stores as of December 4, 2021. Kroger Company (NYSE: KR)had around 2,742 supermarkets across the US in.....
Why Aridis Pharmaceuticals (ARDS) soared on Thursday?
January 27, 2022 09:22 AM PST| By Rupam RoyHighlights Aridis said it received funding from Bill & Melinda Gates Foundation. The funds will be used to evaluate inhaled monoclonal antibodies. The ARDS stock returned over 30% gains in the past five days. The stocks of Aridis Phar.....
Top five cloud computing stocks to explore in 2022
January 25, 2022 02:37 PM PST| By Rupam RoyHighlights DigitalOcean Holdings, Inc. (NYSE: DOCN) expects its revenue to be between US$117 million and US$119 million in Q4, FY21. Pure Storage, Inc. (NYSE: PSTG) expects its fourth-quarter fiscal 2022 revenue to be around US$630 million. Ar.....
Why Sierra Oncology (SRRA) stock jumped 59% today?
January 25, 2022 11:39 AM PST| By Rupam RoyHighlights Sierra reported US$104.7 million in cash and cash equivalents as of December 31, 2021. Sierra Oncology, Inc. announced positive data from its clinical trial of momelotinib. Under a deal, Oxford Finance, LLC will extend a loan of US$.....
Why Kohl's (KSS) stock jumped 33% today?
January 24, 2022 12:53 PM PST| By Rupam RoyHighlights Kohl's has received a takeover offer from at least two suitors recently. Sycamore Partners has offered US$65 per share for Kohl’s purchase. Kohl's board of directors is currently evaluating the proposals. Shares o.....
Coinbase stock slips 10% - Will the dip stop dipping?
January 24, 2022 12:17 PM PST| By Versha JainHighlights Coinbase Global, Inc. (NASDAQ: COIN) is a cryptocurrency exchange that provides a regulation-compliant platform for retail and institutional investors. Coinbase was founded in 2012 and launched its IPO in April 2021. The Coin.....
Netflix’s share plummets, subscriber growth slows
January 24, 2022 10:20 AM PST| By Shivani JoshiOne of the world’s largest OTT platforms, Netflix reported a disappointing subscription growth in the fourth quarter of fiscal 2021. The streaming giant’s stock plummeted by 24%, from US$508.25 to US$385.30 per share.....
REITs with over 5.5% dividend yield to explore
January 23, 2022 12:48 AM PST| By Versha JainHighlights Gaming and Leisure Properties, Inc. (NASDAQ: GLPI) has a P/E ratio of 17.4 and an annualized dividend of US$2.68. Iron Mountain Incorporated REIT (NYSE: IRM) has a P/E ratio of 19.36 and an annualized dividend of US$2.474. .....
Top EdTech stocks to explore in first quarter of 2022
January 22, 2022 12:00 PM PST| By Rupam RoyHighlights Bright Horizons Family Solutions Inc. (BFAM) revenue surged 36% YoY in Q3, FY21. Stride, Inc. (NYSE: LRN) will release its Q2, FY22 earnings results on January 25. 2U, Inc. (NASDAQ: TWOU) expects full fiscal revenue to be between US.....
Why Blue Star Foods (BSFC) stock skyrocketed 429% today?
January 21, 2022 06:50 AM PST| By Versha JainHighlights Blue Star Foods Corp. (NASDAQ: BSFC) is an international seafood company. The consumer staple company launched its IPO in February 2020. Its adoption of Recirculating Aquaculture System technology could pot.....
Top 5G stocks to explore as US rolls out the service
January 20, 2022 03:13 PM PST| By Rupam RoyThe 5G stocks are in focus as the US rolls out the high-speed mobile network. Ahead of the launch, companies were ramping up spending on computing infrastructure to capitalize on the demand for cloud services. The 5G services will be a boon for fut.....
Why Aptorum Group (APM) stock jumped 33% today?
January 20, 2022 11:32 AM PST| By Rupam RoyHighlights Aptorum Group has received FDA's Orphan Drug Designation for its SACT-1 drug. The Aptorum stock surged over 33% following the news. The company now plans to file an Investigational New Drug Application to start clinical trials of SA.....
Digital Turbine, Inc. (APPS) gains traction, stock up 4%
January 20, 2022 09:44 AM PST| By Versha JainHighlights Digital Turbine, Inc. (NASDAQ: APPS) is a mobile growth platform. Its revenue increased by 337% to US$310.2 million in the September quarter. The company entered into a strategic partnership with Google in December 2021 to dri.....
DatChat Inc (DATS) stock soars after Avila Security deal
January 20, 2022 09:36 AM PST| By Rupam RoyHighlights DatChat has signed a letter of intent to acquire Avila Security Corporation. DATS stock rose over 22% in the past five days. The company is building a Web 3.0 platform to protect NFTs and encrypted messages. DatChat, Inc. (NASD.....