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Explore five hot growth stocks with robust YTD return
November 06, 2021 12:41 AM PDT| By Ipsita SarkarAs the third-quarter earnings season is gradually nearing its end, investors might consider topping up their portfolios with some growth stocks, given the improved economic outlook lately. Despite concerns over inflation, labor shortage, rising pri.....
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Why are Penn National (PENN), Peloton Interactive (PTON) stocks diving?
November 05, 2021 08:45 AM PDT| By Team Kalkine MediaHighlights Penn National Gaming, Inc. is down after weak results and also possibly because of its engagement with Barstool Sports, whose founder Dave Portnoy is facing sex allegations. Peloton Interactive posted a 6% increase in revenue for.....
Datadog (DDOG) & UiPath (PATH) rally after quarterly reports
November 05, 2021 07:53 AM PDT| By Team Kalkine MediaHighlights The revenue of Datadog, Inc. (NASDAQ: DDOG) increased by 75% YoY in Q3, FY21 Datadog, Inc. (NASDAQ: DDOG) expects its revenue to be between US$993 million and US$995 million for full fiscal 2021 UiPath, Inc. (NYSE: PATH) revenue was.....
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UBER’s gross bookings reach ATH in Q3 2021, Cloudflare revenue up 51%
November 05, 2021 07:25 AM PDT| By Team Kalkine MediaHighlights Uber Technologies, Inc. (NYSE: UBER) posted revenue of US$4.8 billion, in the third quarter of 2021, representing a 72% growth over the year. The revenue of Cloudflare Inc. (NYSE: NET) grew 51% in the third quarter YoY and it added 1.....
Allbirds IPO (BIRD): Stock jumps 90% in Nasdaq debut
November 04, 2021 10:38 AM PDT| By Versha JainAllbirds, Inc. (NASDAQ: BIRD) stock closed the first-day trading on NASDAQ Wednesday with over 90% gain. The price had more than doubled in intraday trading, rising as much as US$31. IPO price Allbirds Inc priced its Class A Common Sto.....
Top EV stocks to explore as nations set emissions reduction target
November 04, 2021 08:22 AM PDT| By Ipsita SarkarThe electric vehicle industry received a major boost after the UN conference of parties or COP26 recently set new targets for pollution reduction. The countries aim to reduce greenhouse gas emissions by 30% from the 2020 levels. The COP26 summit in...
2 lithium stocks to watch with over 100% YTD returns as COP26 convenes
November 04, 2021 06:09 AM PDT| By Team Kalkine MediaHighlights The stock value of Lithium Americas Corp. (NYSE: LAC) surged over 117% YTD Piedmont Lithium Inc. (NASDAQ: PLL) stocks rose more than 125% YTD The net loss of Lithium Americas Corp. (NYSE: LAC) was US$19.32 million in Q2, FY21 T.....
Qualcomm (QCOM) posts strong Q4, fiscal 2021 results
November 03, 2021 03:49 PM PDT| By Versha JainHighlights Qualcomm Incorporated reported strong fourth quarter and fiscal 2021 results. Its FY2021 revenue grew 43% YoY and non-GAAP net income rose 104% YoY. The stock rose 7% in one month but fell around 9% YTD. Technology company Qual.....
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T-Mobile (TMUS) stock jumps 5% a day after Q3 results
November 03, 2021 02:07 PM PDT| By Team Kalkine MediaHighlights The company’s total service revenue was up 4% YoY to US$14.7 billion in Q3, 2021, helped by strong customer growth. It has raised the full-year core adjusted EBITDA guidance to between US$23.4 billion and US$23.5 billion. CEO.....
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Five stocks to explore as more companies join metaverse madness
November 03, 2021 01:19 PM PDT| By Versha JainHighlights Metaverse is a mix of a real and virtual worlds, an idea popularized by Mark Zuckerberg, the CEO of Meta Platforms Inc., formerly Facebook. The metaverse market might hit US$800 billion by 2024, according to Bloomberg Intelligence.&n.....
CVS (CVS), Humana (HUM) revise guidance after strong Q3 results
November 03, 2021 10:24 AM PDT| By Versha JainHighlights CVS Health Corporation (NYSE: CVS) revenue rose 10% YoY to US$73.8 in Q3. Humana Inc. (NYSE: HUM) revenue rose 3% to US$20.7 billion in the third quarter. Both the companies have revised their full-year 2021 revenue guidance. .....
Backblaze IPO: How to buy this cloud storage platform stock?
November 03, 2021 08:57 AM PDT| By Ipsita SarkarHighlights Backblaze is offering 6.25 million shares of Class A common stock in the IPO. The IPO price is likely to be between US$15 and US$17 per share. Backblaze’s revenue was US$31.46 million in the six months ended on June 30. C.....
OLB Inc. (OLB) stock tanks 16% after robust gains on Mastercard deal
November 03, 2021 08:31 AM PDT| By Versha JainHighlights The OLB Group, Inc. (NASDAQ: OLB) stock gains traction after its partnership with Mastercard for cryptocurrency transactions. The merchants using OLB’s OmniSoft platform and SecurePay Payment Gateway Platform can now pro.....
Estee Lauder (EL) posts net income of US$692 million in Q1
November 02, 2021 12:20 PM PDT| By Versha JainHighlights Estee Lauder Companies, Inc. (NYSE: EL) posted net sales of US$4,392 million, up 23% YoY. Its earnings per share diluted increased by 32%, and adjusted EPS diluted rose 29%. The company expects net sales to be in the upward range of.....
ConocoPhillips (COP), BP (BP) Q3 profits rise on high energy demand
November 02, 2021 11:48 AM PDT| By Ipsita SarkarHighlights ConocoPhillips (NYSE: COP) total production excluding Libya surged over 41% YoY in Q3. The now expects Q4 production to be between 1.53 million boe and 1.57 million boe per day. BP plc (NYSE: BP) announced to buy back an additional .....
Pfizer (PFE) raises guidance after Q3 revenue jumps 134%
November 02, 2021 10:26 AM PDT| By Versha JainHighlights Pfizer, Inc. (NYSE: PFE) revenue increased by 134% YoY to US$24.1 billion in Q3. The company raised guidance for fiscal 2021 after robust quarterly performance. On Oct 29, it received FDA approval for its covid booster dose, Comirna.....
Check out these nine stocks with over 10% dividend yield
November 01, 2021 04:58 PM PDT| By Versha JainHighlights Star Bulk Carriers Corp. (NASDAQ: SBLK) has a dividend yield of 13.53%. Its stock rose 133.86% YTD. Golden Ocean Group Limited (NASDAQ: GOGL) stock raked in 99.56% return YTD and closed at US$9.24 on Nov 1. Its dividend yield is 21.9.....
Lucid, Rivian start delivery of much-awaited inaugural EV models
November 01, 2021 04:19 PM PDT| By Sanjeeb BaruahElectric vehicle makers Rivian Automotive and Lucid Group Inc. (NASDAQ: LCID) have delivered their much-awaited inaugural EV models to customers over the weekend as they make market debut. California-based Lucid delivered its Lucid Air sedans on S.....
Top EV stocks to watch as White House mulls tax credit
November 01, 2021 02:06 PM PDT| By Ipsita SarkarThe EV market is one of the sectors that investors have been keeping a close watch on lately. Earlier this year, President Joe Biden had set a target to make half of all automobiles sold by 2030 energy vehicles. In addition, his administration ha.....
Why did ABVC stock jump more than 200% today?
November 01, 2021 09:50 AM PDT| By Versha JainABVC Biopharma, Inc. (NASDAQ: ABVC) jumped more than 219% on Monday after receiving approval from Taiwan Central Institutional Review Board to start Phase 2 trial of its attention-deficit ADHD drug. The stock traded at US$8.11, up 219.29% fro.....
