Stocks
Why did Moderna (MRNA), Altimmune (ALT) stocks nosedive today?
September 28, 2021 04:27 PM PDT| By Sanjeeb BaruahHighlights Altimmune, Inc. (Nasdaq: ALT) stocks fell despite positive results from the clinical trial of its medicine for obese people. Moderna, Inc. (Nasdaq: MRNA) stock declined after recent comments from CEO Stéphane Bancel on the pan.....
Mastercard (MA) launches buy now, pay later (BNPL) scheme
September 28, 2021 04:11 PM PDT| By Team Kalkine MediaHighlights Mastercard (NYSE: MA) has launched the BNPL program to enable consumers to pay for their online or in-store purchases later in interest-free instalments. The company operates in more than 200 countries and accepts over 150 curr.....
Earnings Update: IHS Markit (INFO), FactSet (FDS) revenue rises
September 28, 2021 03:27 PM PDT| By Sanjeeb BaruahHighlights The revenue of IHS Markit Ltd. (NYSE: INFO) increased by 10% YoY. GAAP revenue of FactSet Research Systems Inc. (NYSE: FDS) surged 7.4% YoY. FDS now expects its revenue to be between US$1.70 Bn and US$1.72 Bn in FY22. Informati.....
Five clean energy stocks to watch as renewables take centerstage
September 28, 2021 01:45 PM PDT| By Ipsita SarkarHighlights Gevo, Inc. (NASDAQ: GEVO) stock jumped 720.22% in the last twelve months. The Clean Energy Fuels Corp. (NASDAQ: CLNE) stock surged 277.24% in one year. SolarEdge Technologies, Inc. (NASDAQ: SEDG) expects its Q3, FY21 revenue to be b.....
Explore seven healthcare stocks that are under US$50
September 28, 2021 12:59 PM PDT| By Sanjeeb BaruahHighlights Halozyme Therapeutics’ (NASDAQ: HALO) GAAP net income was US$91.5 million in Q2, 2021, compared to US$25.8 million in Q2, 2020. Adaptive Biotechnologies Corporation’s (Nasdaq: ADPT) revenue for Q2, 2021, was US$38.5 milli.....
Cloudflare (NET), Adobe (ADBE) stocks retreat in a sea of red
September 28, 2021 11:20 AM PDT| By Sanjeeb BaruahHighlights Cloudflare, Inc. (NYSE: NET) stocks fell on Tuesday, a day after it launched an email security feature. Cloudflare’s new feature will help tackle challenges like fishing or spoofing. Adobe (Nasdaq: ADBE) stocks also declined o.....
Why did NVIDIA (NVDA), ASML (ASML) stocks fall today?
September 28, 2021 10:32 AM PDT| By Ipsita SarkarHighlights NVIDIA Corporation’s (NASDAQ: NVDA) revenue surged 68% YoY in Q2, FY22. The net sales of ASML Holdings N.V. (NASDAQ: ASML) were €4.02 billion in Q2, FY21. The NVDA stock jumped 65.17% YTD, while ASML grew by 67.06% YTD. .....
Ford (F), Toyota (TM) stocks in focus after positive business update
September 28, 2021 09:50 AM PDT| By Sanjeeb BaruahHighlights Ford Motor Company (NYSE: F) and its Korean battery partner SK Innovation to invest US$11.4 billion to build a mega assembly plant and three battery factories in the US. It is the single largest manufacturing investment in Ford&rsquo.....
Red Cat (RCAT) stock rides high after NASA contract, stock jumps 50%
September 27, 2021 03:56 PM PDT| By Sanjeeb BaruahThe stock of Red Cat Holdings, Inc. (NASDAQ: RCAT) jumped 50% to close at US$3.60 on Monday after the company announced a five-year contract with US space agency NASA. The San Juan, Puerto Rico-based software company, provides blockchain-base.....
Why are Tesla Inc (TSLA) & Rivian Inc catching the eyes of investors?
September 27, 2021 10:03 AM PDT| By Ipsita SarkarHighlights Tesla Inc (Nasdaq: TSLA) stocks soared on Monday after the company launched a software update of its FSD beta last week. The FSD beta will enable drivers to navigate across the complex environment of cities using the new auto-steer .....
10 reasons why US should plan for a digital currency
September 27, 2021 09:09 AM PDT| By Ipsita SarkarPrivate digital currencies like Bitcoin and Ethereum are already being used for payments of goods and services in many countries. But a virtual format of the fiat currency, or central bank-backed digital currency (CBDC), is seriously being pondered.....
Five financial stocks that may benefit from Fed's tapering plan
September 27, 2021 07:17 AM PDT| By Ipsita SarkarMany investors are closely watching the financial stocks as the Federal Reserve contemplates stimulus tapering later this year. At its two-day meeting ended on Sep 22, the Fed signaled that it might start withdrawing its asset-buying program as ear.....
ZIVO, VTVT & APOP: Three trending healthcare stocks on Friday
September 24, 2021 05:40 PM PDT| By Team Kalkine MediaHighlight Zivo Biosciences Inc (Nasdaq: ZIVO) stocks soared by 74.78% on Thursday. Cellect Biotechnology Ltd (Nasdaq: APOP) stock fell 20.712% at 1 pm ET. vTv Therapeutics Inc. (Nasdaq: VTVT) stock rose 4.52 percent a day after the company ann.....
Top five uranium stocks to watch as mines reopen
September 24, 2021 05:34 PM PDT| By Team Kalkine MediaHighlights The stock of Uranium Royalty Corp. (NASDAQ: UROY) rose by 255.22% YTD. The Uranium Energy Corp’s (AMEX: UEC) stock gained 72.78% YTD. Denison Mines Corp’s (AMEX: DNN) revenue was CA$4.62 million in Q2, FY21. The Ura.....
Why are Salesforce (CRM), Affirm (AFRM) stocks in limelight today?
September 24, 2021 01:37 PM PDT| By Ipsita SarkarHighlights Salesforce.com, Inc. (NYSE: CRM) raises full-year sales forecast to around US$26.25 billion and US$26.35 billion in FY22. The CRM stock gained 26.12% YTD. Affirm Holdings, Inc. (NASDAQ: AFRM) revealed plans to launch its new product.....
Footballer Kavyon Thibodeaux’s $JREAM crypto coin draws attention
September 24, 2021 10:12 AM PDT| By Sanjeeb BaruahHighlights Footballer Kavyon Thibodeaux launched the $JREAM crypto coin on Thursday. The $JREAM coin started trading at around US$0.26 per coin on the same day; its current circulating supply is 100,000 coins. Kavyon became the second college .....
MEDIROM (MRM) stock surged 73%, Eargo (EAR) tanked 68% on Thursday
September 23, 2021 04:59 PM PDT| By Team Kalkine MediaHighlights MEDIROM Healthcare Technologies Inc (NASDAQ: MRM) agreed to acquire all the shares of Japanese hair salon operator ZACC Kabushiki Kaisha. Eargo, Inc. (NASDAQ: EAR) stock tanked nearly 68% on Thursday on the news of a .....
With chipmakers in the spotlight, here’s a peek at five of them
September 23, 2021 01:46 PM PDT| By Sanjeeb BaruahHighlights Advanced Micro Devices, Inc. (NASDAQ: AMD) has a P/E ratio of 37.96 and a forward P/E one-year of 45.98. The stock raked in 16.06% YTD. NVIDIA Corporation (NASDAQ: NVDA) has a forward P/E one year ratio of 61.46. The stock gain.....
Top five communication stocks that rode the Q2 rebound
September 23, 2021 12:26 PM PDT| By Sanjeeb BaruahHighlights Facebook, Inc’s (NASDAQ: FB) revenue rose 56% YoY in Q2, FY21. Alphabet Inc’s (NASDAQ: GOOGL) revenue increased by 62% YoY in Q2, FY21. The net income of Netflix Inc. (NASDAQ: NFLX) was US$1.35 Bn in Q2, FY21. The c.....
ONTX stock dives 16%, DVAX stock in green after clinical data
September 23, 2021 10:44 AM PDT| By Ipsita SarkarHighlights Onconova Therapeutics, Inc. (ONTX) stock shot up nearly 29% to close at US$6.3 on Sep 22. But it was down nearly 16% at 10.40 am ET on Thursday. Dynavax Technologies Corporation (DVAX) stock is close to its 52-week high o.....