Stocks
What is crypto mining and how do they affect carbon footprint?
August 24, 2021 11:28 AM PDT| By Sanjeeb BaruahHighlights Miners mine the crypto coins from virtual rigs using codes through a mathematical process. A traditional banking institution's activities are governed by a centralized agency, whereas such an organization does not monitor cryptocurre.....
Can these 7 agriculture stocks help America toward food self-reliance?
August 24, 2021 10:07 AM PDT| By Sanjeeb BaruahHighlights Mosaic Company (NYSE: MOS) has a P/E ratio of 8.72. The stock gained 39.59% YTD. Nutrien Ltd.’s (NYSE: NTR) dividend yield is 3.1%; the stock rose 25.29% YTD. Archer-Daniels-Midland Co’s (NYSE: ADM) dividend yield is 2.5.....
Eight hot stocks to consider in a booming EV market
August 23, 2021 04:42 PM PDT| By Team Kalkine MediaHighlights Tesla, Inc. (NASDAQ: TSLA) has a P/E ratio of 368.88. The stock closed at US$680.26 on Aug 20. NIO Inc. (NYSE: NIO) delivered 21,896 in Q2, 2021. The stock closed at US$36.92 on Aug 20, 2021. General Motors (NYSE: GM) has a P/E rati.....
Trillium (TRIL) & Vivos (VVOS): Two trending stocks on Monday
August 23, 2021 03:42 PM PDT| By Team Kalkine MediaHighlights Trillium Therapeutics Inc. (NASDAQ: TRIL) stock was up 188.83% after Pfizer announced plans to acquire the company. Vivos Therapeutics, Inc. (NASDAQ: VVOS) stock jumped 53.65% after FDA’s 501(k) market clearance. Tri.....
Visa Inc (V) joins crypto craze, buys Cyptopunk NFT for US$150,000
August 23, 2021 01:06 PM PDT| By Team Kalkine MediaHighlights Visa Inc has said that it bought a CryptoPunk NFT for US$150,000. The non-fungible tokens (NFTs) are considered digital collectibles due to their unique non-fungible features. Visa Inc bought a green-eyed female figurine of CryptoPu.....
Six growth stocks under US$100 to explore
August 23, 2021 11:30 AM PDT| By Ipsita SarkarGrowth stocks are companies that grow at a faster pace than the average market growth rate. These companies typically do not pay dividends and reinvest their profits in the business. Their P/E ratio is generally high. In addition, these firms usual.....
Five iron ore stocks to watch as metal prices tumble
August 23, 2021 09:59 AM PDT| By Ipsita SarkarIron stocks are in the focus of late as iron ore prices plummet due to falling demand from China, the world’s second-largest economy. The prices have fallen about 40 percent since mid-July. The falling iron ore prices have affected steel-pro.....
Uber, Lyft stocks in focus after court strikes down California ruling
August 23, 2021 09:36 AM PDT| By Sanjeeb BaruahStocks of Uber Technologies, Inc. (NYSE: UBER) and Lyft, Inc. (NASDAQ: LYFT) were in focus on Monday after a California judge ruled that Proposition 22, a ballot measure that rejects drivers' right to be accepted as workers, is unconstitutiona.....
BlackRock invests US$382 mn in Marathon Digital, Riot Blockchain
August 23, 2021 08:50 AM PDT| By Sanjeeb BaruahBlackRock (NYSE BLK), the world’s leading asset manager, has invested over US$382 million in the Bitcoin mining companies Marathon Digital Holdings (Nasdaq: MARA) and Riot Blockchain (Nasdaq: RIOT). BlackRock now owns 6.71 percent or US$207 .....
Will these 5 utility stocks have a smooth ride into the future?
August 22, 2021 06:46 AM PDT| By Team Kalkine MediaThe utility sector is one of the most significant economy-linked sectors. It comprises companies that provide basic services to consumers like water and sewage, electricity, natural gas, etc. Investors typically see utility stocks as long-term inv.....
What is a cryptocurrency consultant?
August 21, 2021 06:51 AM PDT| By Team Kalkine MediaHighlights Cryptocurrency consultant is not an accredited designation. The cryptocurrency market is all digital and susceptible to hacking. Investors are required to do their research before investing. A consultant is someone who provides.....
Seven dividend aristocrats that are hard to miss
August 20, 2021 06:38 PM PDT| By Team Kalkine MediaHighlights UGI Corporation’s (NYSE: UGI) dividend yield is 2.93%. The stock returned 33.38% YTD. Raytheon Technologies (NYSE: RTX) has a P/E ratio of 58.31. Its dividend yield is 2.39%. The stock gained 17.54% YTD. Walgreens Boots Allian.....
Coinbase looks to beef up crypto investment, enter Japanese market
August 20, 2021 10:11 AM PDT| By Sanjeeb BaruahCryptocurrency exchange Coinbase Global, Inc. (NASDAQ: COIN) plans to earmark 10% of its quarterly net income into crypto assets as it forays into the Japanese digital currency market in partnership with the Mitsubishi UFJ Financial Group (MUFG).&n.....
Top semiconductor stocks to watch out amid global chip supply shortage
August 19, 2021 04:14 PM PDT| By Team Kalkine MediaHighlights The net sales of ASML Holding N.V. (NASDAQ: ASML) were €4 billion in Q2, 2021. The revenue of Advanced Micro Devices (NASDAQ: AMD) jumped 99% YoY in Q2, 2021. GAAP net income of Qualcomm Incorporated (NASDAQ: QCOM) surged 140% .....
7 oil and gas stocks to explore in times of demand upsurge
August 19, 2021 03:38 PM PDT| By Team Kalkine MediaHighlights Altus Midstream (NASDAQ: ALTM) has a P/E ratio of 15.44 and a dividend yield of 9.06%. It gave a 35.31% return YTD. Weatherford International (NASDAQ: WFRD) stock rose 143.33% YTD. Devon Ener.....
Will they weather the volatile market? Eight tech ETFs to explore
August 19, 2021 01:56 PM PDT| By Team Kalkine MediaHighlights Prices of BLOK ETF that tracks blockchain technology companies surged by 30.39 percent YTD. SMH ETF tracks semiconductor companies. BUG ETF that tracks cybersecurity companies has a market cap of US$60.27 million. The technolog.....
Kohl's (KSS), Macy's (M) stocks rally on strong quarterly results
August 19, 2021 09:48 AM PDT| By Team Kalkine MediaHighlights The total revenue of Kohl's Corporation (NYSE: KSS) surged more than 30% YoY. Macy's Inc (NYSE: M) reported net sales of US$5.6 billion in the second quarter. Stocks of Macy's and Kohl's rose 7.19% and 4.09%, respectively. The .....
Why are Sonnet (SONN), Coherus (CHRS) stocks trending today?
August 19, 2021 07:40 AM PDT| By Team Kalkine MediaHighlights The Sonnet (Nasdaq: SONN) stock surged 121.45% on Thursday morning. Coherus (Nasdaq: CHRS) revenue rose to US$87.6 million in Q2, 2021. Clinical trials of CHRS’s new anti-cancer drug showed positive results. Sonnet bio Th.....
Four pharma stocks to watch this fall
August 18, 2021 05:16 PM PDT| By Team Kalkine MediaHighlights Virpax Pharmaceuticals, Inc. (NASDAQ: VRPX) stock surged 62.54% to US$24.95 at 11:26 am ET Wednesday. PharmaCyte Biotech, Inc. (NASDAQ: PMCB) closed a public offering of around US$15 million on Aug 12. The stock jumped 161.11% to US$.....
NVIDIA Corp (NVDA), Robinhood Inc (HOOD) post solid Q2 revenue growth
August 18, 2021 04:35 PM PDT| By Team Kalkine MediaHighlights Revenue of NVIDIA Corporation (NASDAQ: NVDA) surged 68% YoY. The total net revenue of Robinhood Markets Inc. (NASDAQ: HOOD) surged 131% YoY. Shares of NVDA rose 1.79%, while Robinhood stock plunged 7.73% in intraday trading. Te.....