Stocks
Top 5 US retail stocks to watch amid holiday shopping season
December 16, 2021 07:14 AM PST| By Rupam RoyHighlights Amazon expects its Q4, FY21 net sales to be between US$130 billion and US$140 billion. Lowe's expects its full fiscal 2021 sales to be about US$95 billion. US retail sales surged 0.3% in November, after increasing 1.8% in October. .....
CMC Materials (CCMP) stock soars 26% on Entegris (ENTG) acquisition
December 15, 2021 09:50 AM PST| By Versha JainHighlights CMC Materials, Inc.’s (NASDAQ: CCMP) stock soared 25.59% Wednesday, December 15. Entegris, Inc. (NASDAQ: ENTG) will acquire CMC Materials under a definitive merger agreement for an enterprise value of US$6.5 billion, appro.....
Ocugen Inc (OCGN): Why is Covaxin developer’s stock up in pre-market?
December 15, 2021 07:49 AM PST| By Rupam RoyHighlights Data showed that Ocugen's vaccine candidate, Covaxin, provides a strong immune memory against the virus. The OCGN stock was up over 5% in pre-market trading Wednesday, December 15. The OCGN stock gave a return of over 56% year-to-da.....
Why Allbirds Inc’s (BIRD) stock trending? Footwear firm sees 18% hike
December 15, 2021 07:17 AM PST| By Rupam RoyHighlights Allbirds designs and manufactures eco-friendly footwear and apparel. The BIRD stock was up 17.59% from its previous close. Allbirds and Adidas have joined forces. The stocks of Allbirds, Inc. (NASDAQ: BIRD) gained attention fro.....
Genenta Science IPO: GNTA stock set to debut on NASDAQ
December 15, 2021 07:11 AM PST| By Versha JainHighlights Genenta Science S.p.A. is expected to list on NASDAQ under the ticker symbol GNTA on December 15. The company upsized its offering to 2.4 million American Depositary Shares (ADS), representing one ordinary share each. The is.....
Top 5 US bank stocks to watch amid Fed’s tapering of asset purchases
December 15, 2021 05:44 AM PST| By Rupam RoyHighlights Bank of America Corporation (NYSE: BAC) will report its Q4, FY21 results on January 19, 2022. The stock value of U.S. Bancorp (NYSE: USB) surged over 24% year-to-date. Comerica Incorporated (NYSE: CMA) will report its Q4, FY21.....
Top 5 US Lithium stocks to watch in 2022
December 14, 2021 11:12 AM PST| By Versha JainHighlights Lithium is used in batteries of consumer electronics, smartphones, tablets, electric vehicles, etc. The metal’s extraction needs permission at various levels. With high electric vehicle demand, Lithium may remain in demand too.....
Terminix Global Holdings: Why is pest control firm’s TMX stock soaring?
December 14, 2021 10:00 AM PST| By Rupam RoyHighlights Rentokil has agreed to acquire Terminix. The deal values Terminix around US$6.7 billion. The enlarged firm will trade on the London Stock Exchange (LSE) and the New York Stock Exchange (NYSE). The stocks of Terminix Global Hold.....
Why is Galera Therapeutics' stock soaring? GRTX up over 150%
December 14, 2021 09:24 AM PST| By Versha JainHighlights Galera Therapeutics, Inc.’s stock jumped more than 150% in Tuesday's pre-market session. The company provided an update about its therapeutic avasopasem. The stock has declined 86.51% year-to-date. The Galera Therapeutics.....
Why is Truist Financial Corporation’s (NYSE:TFC) stock falling?
December 14, 2021 06:57 AM PST| By Versha JainHighlights Truist Financial Corporation’s (NYSE:TFC) stock was down 2.34%. The stock has a P/E ratio of 13.68 and a dividend yield of 3.23%. TFC stock grew 22.93% YTD. The Truist Financial Corporation (NYSE: TFC) stock is.....
Why is SeaChange International’s stock rallying? SEAC jumps 128%
December 14, 2021 06:25 AM PST| By Rupam RoyHighlights SeaChange International’s stock jumped over 128% Monday, December 13. It will report its third-quarter fiscal 2022 results December 14, after the market close. The SEAC stock gained over 27% YTD. The stocks of SeaChange I.....
5 US real estate stocks to watch in 2022
December 14, 2021 05:55 AM PST| By Rupam RoyHighlights The stock value of Prologis, Inc. (NYSE: PLD) jumped over 67% year-to-date. The net revenue of CBRE Group Inc. (NYSE: CBRE) rose over 28% year-over-year in Q3, FY21. AvalonBay Communities, Inc. (NYSE: AVB) expects its Q4, FY21.....
Why is Harley-Davidson's (HOG) stock rallying?
December 13, 2021 10:00 AM PST| By Rupam RoyThe stocks of Harley-Davidson, Inc. (NYSE: HOG) gained attention from investors Monday, December 13, after the firm announced that its electric-motorcycle division, LiveWire, will go public by a merger with a special purpose acquisition company (SP.....
Arena Pharmaceuticals (ARNA) jumps 95% on $6.7B Pfizer acquisition
December 13, 2021 09:36 AM PST| By Versha JainArena Pharmaceuticals, Inc. (NASDAQ: ARNA) jumped 95.98% in pre-market, Monday, December 13, after the news of Pfizer acquiring Arena came in. The ARNA stock traded high at US$97.87 at 6:48 am ET. On December 12, 2021, Arena entered into an agreem.....
Top 8 US vaccine stocks of 2021
December 13, 2021 08:29 AM PST| By Versha JainHighlights Pfizer, Inc. (NYSE: PFE) got emergency use authorization for a booster dose from the FDA for Pfizer-BioNTech COVID-19 Vaccine (Comirnaty) on people 16 years and older, on December 9. Moderna, Inc. (NASDAQ: MRNA) delivered around 287 .....
5 US cybersecurity stocks to watch in 2022
December 13, 2021 07:37 AM PST| By Rupam RoyHighlights The stock value of Palo Alto Networks, Inc. (NASDAQ: PANW) rose 51.24% year-to-date. CrownStrike Holdings, Inc. (NASDAQ: CRWD) landed the number one place in the 2021 Fortune Future 50 list. The revenue of Zscaler, Inc. (NASDAQ: ZS).....
Top consumer stocks that shined in 2021
December 12, 2021 02:18 PM PST| By Versha JainHighlights Lowe's Companies, Inc. (NYSE: LOW) has a P/E ratio of 22.5. Its stock closed at US$258.15 on Dec 9, 2021. The stock gained 61.42% YTD. Houghton Mifflin Harcourt Company (NASDAQ: HMHC) provides an integrated solution to engage learner.....
Red hot blue-chip technology stocks to explore in 2022
December 12, 2021 12:10 AM PST| By Rupam RoyHighlights Apple Inc (NASDAQ: AAPL) revenue rose 29% YoY in Q4, FY21. Microsoft Corporation (NASDAQ: MSFT) declares a quarterly dividend of US$0.62. Meta Platforms, Inc. (NASDAQ: FB) revenue jumped 35% YoY in Q3, FY21. The blue-chip.....
Are these 7 utility stocks poised for another year of growth?
December 11, 2021 02:14 PM PST| By Versha JainUtility stocks provide electricity, water, natural gas, waste disposal services, etc., to customers, including residential complexes, commercial and industrial centres, and the government. Utility stocks are considered stable due to the constant de.....
Everbridge, Inc. (EVBG) stock nosedived 46% today – Here’s why
December 10, 2021 01:07 PM PST| By Rupam RoyHighlights Everbridge CEO David Meredith said he is resigning from the post. Patric Brickley and Vernon Irvin will partner as co-CEOs to manage the strategic and operational aspects of the business. For the fourth quarter of fiscal 2021, the f.....