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Yearender: Top EV stocks that continue to hog limelight
December 28, 2021 08:41 AM PST| By Rupam RoyHighlights Tesla, Inc. (NASDAQ: TSLA) revenue increased by 57% YoY in Q3, FY21. General Motors (NYSE: GM) eyes fiscal 2021 revenue of US$8.1 billion to US$9.6 billion. Ford Motor Company (NYSE: F) stock soared over 144% YTD. The year 2021.....
Top 2 cloud computing stocks to watch in 2022
December 27, 2021 12:28 AM PST| By Versha JainCloud computing companies see rapid growth as demand for artificial intelligence, 5G, and the Internet of Things rise. Although companies have been using cloud storage services for some ti.....
22nd Century gets FDA nod to promote low-nicotine cigarettes
December 26, 2021 12:39 AM PST| By Rupam RoyHighlights FDA has authorized 22nd Century to market its cigarettes as low in nicotine. The stock jumped over 38% after the announcement. The 22nd Century stock gave gained over 41% YTD. Shares of 22nd Century Group, Inc. (NASDAQ: XXII) w.....
Top 5 retail stocks to keep an eye on in 2022
December 25, 2021 04:47 AM PST| By Team Kalkine MediaHighlights Ingles Markets, Incorporated (NASDAQ: IMKTA) has a P/E ratio of 6.8 and a dividend yield of 0.76%. Target Corporation (NYSE: TGT) has a dividend yield of 1.64%, with an annualized dividend of US$3.60. The United Natural F.....
Two vacation stocks to explore in Christmas
December 25, 2021 12:10 AM PST| By Rupam RoyThe travel and tourism stocks have been catching attention despite uncertainties over the coronavirus pandemic. The relative ease in restrictions as compared to the first six months has raised expectations in the travel sector. According to the US.....
Yearender: Top 5 healthcare stocks that grabbed limelight in 2021
December 23, 2021 04:26 PM PST| By Rupam RoyHighlights UnitedHealth Group Incorporated (NYSE: UNH) will release its Q4 and fiscal 2021 results on Jan 19, 2022. The FDA authorized the emergency use of Pfizer's Paxlovid pill. Abbott Laboratories (NYSE: ABT) revenue surged over 23% YoY in .....
Why did Crocs (CROX) stock crash on Thursday?
December 23, 2021 11:45 AM PST| By Rupam RoyHighlights Crocs, Inc. (CROX) has entered into a definitive agreement to acquire Heydude about US$2.5 billion. Crocs will pay US$2.05 billion in cash and US$450 million in CROX shares to Heydude founder and CEO Alessandro Rosano, according to t.....
Why Nikola (NKLA) stock roared 18% higher today?
December 23, 2021 10:46 AM PST| By Versha JainHighlights Nikola Corporation (NASDAQ: NKLA) delivered its first electric truck on Dec 17, 2021. Nikola manufactures fuel-cell electric vehicles and offers energy infrastructure solutions. The company launched its IPO in January 2021. It.....
Blackstone Products (BLKS) to go public via SPAC – know details
December 23, 2021 08:38 AM PST| By Versha JainHighlights Blackstone Products is going public in a SPAC merger with Ackrell SPAC Partners I Co. (NASDAQ: ACKIU). The company’s pro-forma enterprise value is approximately US$900 million. Blackstone plans to get listed on NASDAQ un.....
Why is Pasithea Therapeutics (KTTA) stock rising today?
December 23, 2021 07:03 AM PST| By Rupam RoyHighlights Pasithea Therapeutics rallied over 28% in pre-market trading on Dec 23. Its wholly-owned subsidiary, Pasithea Clinics, has opened its second clinic in London. Pasithea opened its first clinic in the UK’s Knightsbridge in Oct 2.....
Why did Allakos (ALLK) stock crash today?
December 22, 2021 04:17 PM PST| By Team Kalkine MediaHighlights Allokos said that its lirentelimab treatment failed to meet the endpoints in clinical studies. The stocks were down 89.87% but climbed up from Tuesday’s close by 11.46% in afterhours. CEO Robert Alexander said the research tea.....
Pfizer gets FDA greenlight for first Covid-19 pill Paxlovid
December 22, 2021 03:51 PM PST| By Team Kalkine MediaThe US Food and Drug Administration (FDA) on Wednesday allowed Pfizer Inc (NYSE: PFE) to market its first Covid-19 pill that will enable the newly infected patients to take the treatment at home. The authorization allows doctors to prescribe the P.....
Justworks IPO: Why investors exuded confidence in HR tech startup?
December 22, 2021 11:58 AM PST| By Sanjeeb BaruahHighlights Founder & CEO Isaac Oates is a “long-term mercenary”, but “short-term missionary”, says Bain Capital’s Matt Harris. In 2015, Justworks raised US$13 million in a Series B fund round led by Bain Capita.....
Why BiondVax Pharmaceuticals (BVXV) stock rallied today?
December 22, 2021 11:54 AM PST| By Rupam RoyHighlights BiondVax Pharmaceuticals Ltd. has signed a definitive agreement with Max Planck Society and University Medical Center Göttingen. BiondVax will collaborate with the two organizations to develop and commercialize Covid-19 nanosize.....
Why Red Cat Holdings (RCAT) stocks jumped Wednesday?
December 22, 2021 08:43 AM PST| By Rupam RoyHighlights Red Cat Holdings, Inc. (NASDAQ: RCAT) reported its second-quarter results on Tuesday. Red Cat revenue surged more than 300% in the second quarter of fiscal 2022. The technology company bags a five-year US$90-million government contr.....
Global real-estate management firm GLP eyes US IPO
December 21, 2021 07:36 PM PST| By Sanjeeb BaruahHighlights GLP Pte. Ltd. will probably manage about US$100 billion in assets after the launch. Companies like GLP have benefited from the shifting consumption trends. &nbs...
Should you consider Pioneer Power Solutions (PPSI) stock?
December 21, 2021 03:05 PM PST| By Versha JainHighlights Pioneer Power Solutions, Inc. (NASDAQ: PPSI) announced receiving a US$12-million order from a large mass merchandiser. Pioneer Power earned US$14.8 million in revenue in nine months e.....
Cassava Sciences (SAVA) stock pops as social media chatter grows
December 21, 2021 09:39 AM PST| By Sanjeeb BaruahShares of biotechnology company Cassava Sciences (NASDAQ:SAVA) rose more than 20% on Tuesday morning as investor interest in the firm grew on social media. The Cassava (SAVA) stock saw the highest number of citat.....
Why Aridis Pharmaceuticals (ARDS) stock jumped more than 77%?
December 21, 2021 08:02 AM PST| By Versha JainHighlights Aridis Pharmaceuticals Inc. (NASDAQ: ARDS) announced on Tuesday that its monoclonal antibody cocktail retained effectiveness against various covid strains, including Omicron. The company had cash and cash equivalents of abo.....
Yearender: Consumer stocks that created a buzz in 2021
December 21, 2021 06:41 AM PST| By Rupam RoyHighlights Signet Jewelers Limited (NYSE: SIG) expects its total revenue to be between US$2.40 and US$2.48 in Q4, FY22. Shares of Albertsons Companies, Inc. (NYSE: ACI) gained over 80% YTD. The Hershey Company (NYSE: HSY) expects its full fisc.....
