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Amazon’s Q2 profit surges as net sales surpass $100B for third time
July 29, 2021 02:52 PM PDT| By Kiran MuraliSummary Amazon earned US$7.78 billion in net income on US$113.08 billion in net sales. Online store sales grew 16%, while sales at Amazon Web Services rose 32%. Amazon’s stock plunged over 5 percent in aftermarket trading. Amazon.Co.....
Which are the popular food and beverage stocks on Wall Street?
July 29, 2021 01:26 PM PDT| By Kiran MuraliThe food and beverage industry is one of the major manufacturing sectors in the United States. The industry comprises companies involved in food manufacturing, processing and distribution. The S&P Food & Beverage Select Industry Index measure...
Making a Splash: Six advertising stocks that are hard to miss
July 29, 2021 10:51 AM PDT| By Team Kalkine MediaSummary Interpublic (NYSE: IPG) revenue for the June quarter was US$2.5 billion, a 24% jump YoY. The stock grew over 50% YTD. MSCI (NYSE: MSCI) net income was up 44% YoY; stock surged 32.18% YTD. Criteo (NASDAQ: CRTO) has a P/E rat.....
AMD revenue surges 99% in Q2, Qualcomm’s net income more than doubles
July 28, 2021 04:42 PM PDT| By Team Kalkine MediaSummary AMD Inc.’s (NASDAQ: AMD) revenue rose by 99% YoY in Q2; the stock gained 35% in one year. QUALCOMM (NASDAQ: QCOM)reported revenue of US$8 billion, up 63% YoY. Both the companies have revised their guidance upward for next quarter.....
Top e-commerce stocks to consider as online sales boom
July 28, 2021 03:30 PM PDT| By Team Kalkine MediaThe e-commerce businesses have witnessed massive growth since the coronavirus outbreak last year. E-commerce sales scaled new records highs as more people chose to shop online. There are a lot of established e-commerce companies in the market while m...
Check out these six high-paying dividend penny stocks
July 28, 2021 01:35 PM PDT| By Team Kalkine MediaSummary Nordic American Tankers Limited (NYSE: NAT) paid a cash dividend of US$67.2 million or US$0.45 per share in the fiscal year 2020. Yamana Gold Inc. (NYSE: AUY) has declared an annual dividend of US$0.125 per share in 2021. Dover Motorsp.....
Three healthcare stocks stealing the show today
July 28, 2021 11:54 AM PDT| By Team Kalkine MediaSummary Teva Pharmaceuticals (NYSE: TEVA) gross profits rose by six percent in Q2, 2021. Infinity Pharmaceuticals (Nasdaq: INFI) incurred losses of US$11.3 million in Q2. Teladoc Health Inc. (NYSE: TDOC) reported a net loss of US$133.8 million.....
Banking on Banks: Five hot bank stocks based on earnings to explore
July 28, 2021 11:34 AM PDT| By Team Kalkine MediaSummary Goldman Sachs (NYSE: GS) net income applicable to common stockholders in Q2 was US$ 5.35 billion, a vast 2614% up YOY. Citigroup, Inc. (NYSE: C) net income increased nearly 487% YOY. The stock price surged 33% in one year. Wells Fargo .....
Boeing returns to profit for the first time in 2 years, revenue up 44%
July 28, 2021 09:43 AM PDT| By Team Kalkine MediaWorld’s largest aerospace company Boeing Co (NYSE: BA) on Wednesday reported its first quarterly profit in almost two years, boosted by deliveries of its popular 737 MAX jets. Boeing stock surged more than 5% at 10:58 am ET after the second-.....
Trending restaurant stocks: McDonald’s (MCD), Starbucks (SBUX)
July 28, 2021 08:38 AM PDT| By Kiran MuraliSummary Both the restaurant stocks dropped when markets opened for Wednesday’s trading. McDonald’s reported global comparable sales growth of 40.5 percent in the second quarter. Starbucks’ global comparable-store sales rose 7.....
10 technology stocks that are under US$100 but popular on NASDAQ
July 27, 2021 04:47 PM PDT| By Team Kalkine MediaSummary Technology stocks are both value and growth stocks. The Dow Jones US Technology Total Stock Market Index (DWCTEC) gave 53% in one year. The NASDAQ Composite Index (COMP) gave around 43% in one year. Technology stocks draw signific.....
Microsoft’s revenue surges 21% in Q4, Apple’s Q3 revenue up 36%
July 27, 2021 03:32 PM PDT| By Team Kalkine MediaMicrosoft Corporation (Nasdaq: MSFT) on Tuesday reported revenue of US$46.2 billion in Q4, 2021, up 21 percent YoY, while Apple Inc. (AAPL) posted a revenue growth of 36 percent YoY to US$81.41 billion. Both MSFT and AAPL stocks were trading lower.....
Top trending penny stocks today: Check out the details
July 27, 2021 01:22 PM PDT| By Team Kalkine MediaSummary Eyegate Pharmaceuticals, Inc (Nasdaq: EYEG) incurred losses of US$2.58 million in Q1, 2021. ObsEva SA (Nasdaq: OBSV) has a market capitalization of US$229 million. Dyadic International, Inc (Nasdaq: DYAI) earned revenue of US$460000 in.....
Amazon, Shopify stocks tumble as focus shifts to upcoming Q2 results
July 27, 2021 11:54 AM PDT| By Team Kalkine MediaStocks of e-commerce companies Amazon.com, Inc. (NASDAQ: AMZN) and Shopify Inc. (NYSE: SHOP)plunged about 3%, close on the heels of their second quarter results this week. AMZN fell 2.85%, while SHOP declined 3.12% at 1:45 pm ET on Tuesday. A.....
Seven blue-chip stocks that investors are watching right now
July 27, 2021 10:45 AM PDT| By Team Kalkine MediaSummary Cisco Systems, Inc. (Nasdaq: CSCO) reported total revenue of US$12.8 billion in Q3, 2021. AT&T Inc. (NYSE: T) has a market capitalization of US$201 billion. ABM Industries (NYSE: ABM) net income before taxes was US$42.8 million in .....
Top shroom stocks under discussion in 2021
July 27, 2021 10:19 AM PDT| By Team Kalkine MediaSummary COMPASS Pathways Plc (Nasdaq: CMPS) has a market capitalization of CMPS is US$1.3 billion. Seelos Therapeutics, Inc (Nasdaq: SEEL) was recently added to the first psychedelic stock ETF in the US called Defiance Next Gen Altered Experien.....
GE, Raytheon raise 2021 free cash flow, profit target after Q2 results
July 27, 2021 08:59 AM PDT| By Team Kalkine MediaSummary General Electric Co (NYSE: GE) raised its free cash flow target for the year from US$2.5 billion-US$4.5 billion to US$3.5 billion-US$5 billion. The company said that all its industrial segments saw an improvement in profit margin despit.....
UPS revenue climbs 14.5% in Q2 on robust online delivery growth
July 27, 2021 07:25 AM PDT| By Team Kalkine MediaSummary UPS’s (NYSE: UPS) revenue jumped by 14.5% to US$23.42 billion YoY, beating estimates of US$23.24 billion. Its consolidated operating profit increased by 40.8% to US$3.3B on an adjusted basis from last year, while diluted earnings .....
EV carmaker Lucid makes NASDAQ debut, stock jumps as much as 19%
July 26, 2021 05:45 PM PDT| By Team Kalkine MediaSummary In 2018, Saudi Arabia's Public Investment Fund (PIF) had invested over US$1 billion in Lucid. Now, Lucid’s US listing has come as a huge dividend for the Arab company. Besides PIF, BlackRock (BLK) and some other companies also hav.....
With the wedding season in full gear, here’re five stocks to explore
July 26, 2021 03:42 PM PDT| By Team Kalkine MediaWeddings always have been an extravagant affair. Now with the wedding season in full gear, beauty stocks are once again in focus. What's driving the trends is the overwhelming desire for picturesque weddings and ceremonies and posting photos on soc.....
