Stocks
Enovix & QuantumScape Corp: Two Battery Stocks To Explore
May 25, 2021 11:46 AM PDT| By Team Kalkine MediaSummary Enovix Corp to go public via a SPAC merger in Q2 of 2021. QuantumScape Corp received an investment of US$300 million from Volkswagen. Battery production has increased as their usage, from phones, watches to cars soared. The use of.....
Five Hot Value Stocks To Explore As Economy Reopens
May 25, 2021 11:00 AM PDT| By Team Kalkine MediaSummary Viatris’ revenue from new product sales topped US$163 million in Q1. J&J collected US$6.1 billion in net earnings, up 6.9% YoY. Axalta’s sales rose 1% YoY to US$1.0 billion in the March quarter. Value stocks offer .....
Kinder Morgan, Energy Transfer & PAA: 3 Hot Pipeline Stocks
May 25, 2021 09:34 AM PDT| By Team Kalkine MediaSummary Kinder Morgan’s net income was US$1.4 billion in Q1 of 2021. Energy Transfer reported a net income of US$3.29 billion in the March quarter. Plains All American Pipeline or PAA’s net income was US$422 million in Q1. The.....
Take-Two & Activision Blizzard: Two Gaming Stocks To Watch
May 24, 2021 09:49 PM PDT| By Team Kalkine MediaSummary Take-Two’s net revenue grew 10% to US$839.4 million in Q1. Take-Two acquired the successful games developer HB Studios Multimedia. Activision Blizzard’s GAAP net revenue was US$2.28 billion in Q1 of 2021.  .....
Can Beyond Meat Stock (BYND) Continue Monday’s Rally?
May 24, 2021 06:46 PM PDT| By Kiran MuraliSummary The plant-based meat product company’s stock peaked 12.8 percent in intra-day trade. First-quarter revenue grew 11.4 percent to US$108.2 million. The stock is up 154 percent since its NASDAQ listing in 2019. Beyond Meat, Inc.....
3 Quantum Computing Stocks To Explore: Amazon, IBM, AMD
May 24, 2021 04:39 PM PDT| By Kiran MuraliSummary IBM stock price has grown 15 percent year to date. Amazon’s stock declined 2 percent this year. Shares of Intel are up 12 percent year to date. Quantum computing is no longer a theoretical concept. Quantum computing technolo.....
Cabot Oil & Gas To Merge With Cimarex Energy In a US$17Bn Deal
May 24, 2021 03:59 PM PDT| By Kiran MuraliSummary The combined diversified energy company will have an enterprise value of US$17 billion. Cabot’s stock fell over 8 percent, while Cimarex stock dropped around 10 percent on Monday morning. Oil and natural gas exploration compa.....
Tencent & JD.com: Two Chinese Stocks To Explore
May 24, 2021 12:34 PM PDT| By Team Kalkine MediaSummary The market capitalization of Tencent is around HK$5,646.71 billion. JD's net revenue for the first quarter of 2021 grew by almost 39%. Tencent's operating profit was around RMB2.8 billion (US$6.5billion), up 20% YoY. Many Chinese .....
Procore & Roblox: Two Technology Stocks To Watch
May 24, 2021 11:32 AM PDT| By Team Kalkine MediaSummary Procore, founded in 2003 in California, offers technology solutions to construction businesses. Procore also has few competitors in the market, which include Autodesk and Oracle. The lockdown period had been a boon for Roblox as more c.....
Magellan, Oasis, & Hess Corp: 3 Oil & Gas Stocks To Explore
May 24, 2021 11:25 AM PDT| By Team Kalkine MediaSummary Magellan’s Q1 net income was US$221 million, stock up 17% YTD. Oasis stock grew 101% YTD after financial restructuring. Hess Corp is the only energy company to make it to the 100 Best Corporate Citizen List of 2021. Stocks o.....
Will These 3 Industrial Stocks Profit from Biden’s Infra Push?
May 24, 2021 10:47 AM PDT| By Team Kalkine MediaThe industrial sector that makes heavy equipment for industries is an essential part of the economy. As such, their performance can be a barometer to a country’s economic health. The pandemic has caused widespread disruptions in the industri.....
Wells Fargo Set To Launch Crypto Services For Wealthy Clients
May 24, 2021 10:19 AM PDT| By Team Kalkine MediaSummary The bank believes that digital coins have gained stability as an asset and they could be a viable alternative for investment. According to the bank, there are currently more than 9,000 cryptocurrencies, with a market cap of US$2.4 trill.....
Why Ford’s Stock Surged 7.4% On Friday?
May 21, 2021 08:16 PM PDT| By Kiran MuraliSummary Ford partnered with SK Innovation for a battery joint venture in the U.S. The will jointly produce battery cells and components for Ford EVs. Ford unveiled its news all-electric F-150 pickup truck. Ford Motor Company (NYSE: F) sto.....
Trade Desk Stock Gains 10% After 10-for-1 Stock Split
May 21, 2021 08:07 PM PDT| By Team Kalkine MediaSummary Trade Desk provides a cloud-based self-service platform to advertisers who use its services to create, manage, and optimize their digital advertising. After the stock split, shareholders will receive nine additional shares for every on.....
Green Thumb & Curaleaf: 2 Pot Stocks On A High
May 21, 2021 12:11 PM PDT| By Team Kalkine MediaSummary Pot companies are expanding as more states are legalizing cannabis. Green Thumb revenue rose 9.7% YoY in Q1 of 2021. Curaleaf recorded revenue of US$ 260 million in Q1 of 2021. Marijuana or pot companies are engaged in the researc.....
Cleveland-Cliffs, Rio Tinto, & Freeport: 3 Mining Stocks To Explore
May 20, 2021 08:50 PM PDT| By Team Kalkine MediaSummary Cleveland-Cliffs’ consolidated revenues were US$4.0 billion in Q1 of 2021. Rio Tinto reported a 30% increase in adjusted EBITDA in Q1. Freeport McMoRan posted revenue of US$4850 million in the first quarter. Trading in preci.....
BJ's Wholesale Stock Drops After Poor Earnings Report
May 20, 2021 07:52 PM PDT| By Team Kalkine MediaSummary Sales, excluding gasoline, increased marginally by 0.3% in Q1, compared to the year-ago period. The retailer has a strong presence on the US eastern coast; it currently has 221 clubs and 151 BJ's gas stations in 17 states. Gross profit.....
WeWork’s Loses Swells To US$2.1billion Ahead of Public Listing
May 20, 2021 07:12 PM PDT| By Team Kalkine MediaSummary WeWork’s total occupancy plummeted 50% in Q1 compared to 47% in the fourth quarter. Its first-quarter revenue of US$598 million was nearly half the proceeds in the year-ago period. WeWork’s clients declined by 41% to 490,00.....
Kohl’s Stock Plunges Despite Improved Forecast
May 20, 2021 04:58 PM PDT| By Team Kalkine MediaSummary Kohl’s revenue soared 60.1 percent year-over-year in the first quarter. The retailer posted income of US$14 million, or 9 cents per share. Kohl’s stock surged 47 percent YTD. Kohl’s Corporation (NYSE:KSS) stock p.....
Lightspeed Stock Soars On Upbeat Revenue Outlook
May 20, 2021 04:40 PM PDT| By Kiran MuraliSummary Lightspeed forecasts revenue in the range of US$430 to US$450 million for the fiscal year 2022. In fiscal 2021, revenue soared 84 percent year over year. The Canadian company’s stock is up 107 percent since the NYSE listing. .....