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Stocks
Three US media stocks in focus amid global streaming boom
March 14, 2021 07:52 PM AEDT| By Team Kalkine MediaSource:zimmytws, Shutterstock Summary Media businesses are gaining strong traction on the back of shifting consumer preferences and technological advancements. People now have more options for content as per their choice. Undeniably, medi...
Kansas City (NYSE:KSU) Stock Jumps 12% On Canadian Pacific Deal
March 13, 2021 02:22 PM AEDT| By Team Kalkine MediaSource:Halfpoint, Shutterstock Summary Canadian Pacific to acquire US freight rail company Kansas City Southern for $25 billion. The transaction will be a combination of stock and cash, pending approval from regulators. The entity to be named...
Zoom continues its wild ride, caps off FY21 with stellar Q4 results
March 02, 2021 08:08 PM AEDT| By Team Kalkine MediaSource:Ink Drop, Shutterstock Summary Zoom witnessed exceptional growth during the pandemic period, as more and more people started using the video calling app. The company delivered strong numbers for Q4 and FY21. Zoom is expecting robust gr...
Square Stock (NYSE:SQ) Trends After USD 170 million Bitcoin Investment
February 25, 2021 08:46 AM AEDT| By Team Kalkine MediaSource:TZIDO SUN, Shutterstock Summary Square Inc stock surges as company increases stake in Bitcoin to USD 220 million. Its revenues grew by 140 percent to USD 3.03 billion in the third quarter of 2020. It was among the top volume leaders, w...
Three Media & Entertainment stocks stealing the Show
February 24, 2021 07:34 PM AEDT| By Team Kalkine MediaSource: REDPIXEL.PL, Shutterstock In 2020, the media and entertainment industry witnessed a massive surge in demand amid COVID-19-induced lockdowns as restrictions forced everyone to stay indoors. The soaring demand served as a bonanza for streaming...
Will Facebook and Google pull out of Australia?
February 19, 2021 05:30 AM AEDT| By Team Kalkine Mediaustralia plan is unclear for the moment but agrees to pay US media giant News Corp. News organizations and tech and social media companies have shared a symbiotic relationship until now, but that may change if Australia has its way. Canberra is...
Three small-cap stocks that can make a giant leap in 2021
February 17, 2021 04:45 AM AEDT| By Team Kalkine MediaSource:TypoArt BS ,Shutterstock Summary With 2021 expected to be less volatile than the previous year post vaccine roll-out, small-cap stocks could come under the spotlight. Luminar Technologies shares have grown nearly 258% in the last year....
Millions Living In Dark As US Energy Crisis Intensifies
February 17, 2021 01:26 AM AEDT| By Team Kalkine Mediaannounces emergency aid as Weather Dept. says cold condition to remain for next few days. Millions of people in the US were facing prolonged blackouts and heating fuel shortage amid an unprecedented cold blitz that swept through North America, ....
Two industrial stocks that put up a strong show despite pandemic
February 13, 2021 07:12 PM AEDT| By Team Kalkine Mediaement have delivered robust quarterly performances despite the pandemic challenges. The industrial sector is considered as the backbone of an economy as it plays a significant role in economic development. However, the health emergency and econ...
Three mid-cap mining stocks worth looking at in 2021
February 13, 2021 06:49 PM AEDT| By Team Kalkine MediaSource:iQoncept, Shutterstock Summary The US mining industry is a significant job creator accounting for the livelihood of ~1.2 million people last year. The industry plays a substantial role in the economy, contributing significantly to the G...
General Motors delivers stellar annual results amid pandemic gloom
February 13, 2021 06:27 PM AEDT| By Team Kalkine MediaSource:NuPenDekDee, Shutterstock Summary General Motors delivered a robust performance in 2020 despite the coronavirus pandemic challenges. The company is expecting global semiconductor chip shortage to impact its 2021 earnings. General Motor...
Pringles Chips Maker Kellogg Posts Net Income Of USD 208 million in 4Q
February 13, 2021 07:08 AM AEDT| By Team Kalkine MediaSource:insta_photos, Shutterstock Summary Kellogg’s famous brands included Pringles chips, Cheez-It crackers, Special K cereal, Eggo waffles, and Pop-Tarts. Sales went up to USD 3.46 billion in the quarter, from USD 3.22 billion in the s...
Will these cannabis stocks make a splash in 2021?
February 13, 2021 04:40 AM AEDT| By Team Kalkine Mediaement under which Jazz would acquire GW Pharmaceuticals to create a global biopharma leader. The cannabis industry is a booming industry comprising companies that are engaged in R&D activities and the distribution of medicinal cannabis produ...
Reddit Valuation Soars To $6 Billion After Latest Fundraiser
February 11, 2021 03:07 AM AEDT| By Kunal SawhneyRiding high on the wave of attention for the role of one of its communities wallstreetbets that sent the US stock market into a frenzy, social media giant Reddit raised $250 million in series E funding on Monday. Founded in 2003, the compa.....
SoftBank Net Profit Swells to USD11 Billion as Vision Fund Rallies
February 10, 2021 06:24 AM AEDT| By Team Kalkine MediaSource:13_Phunkod, Shutterstock Summary SoftBank’s Vision Fund has invested in more than 160 companies across different geographies. The expectation of a positive Q3 earnings report pushed SoftBank’s stock (SFTBF: OTCPK) price up b...
Here Are Three Small-Cap Stocks and Their Latest Developments
February 09, 2021 04:56 AM AEDT| By Team Kalkine Mediaassist China's aviation industry as it swiftly recovers from COVID-19 impact. Small-Cap stocks belong to the companies with a market capitalization in the range US$300 million - US$2 billion. The share price of these companies is highly volatil....
Three small-cap stocks to take note of
February 08, 2021 07:30 PM AEDT| By Team Kalkine MediaSource:bangoland, Shutterstock 2020 was a rollercoaster ride for investors and market players alike. The broad-based S&P500 witnessed a rapid shift towards bearish sentiment. However, the index recouped in no time, on the back of tech stocks tha...
Alibaba Raises USD 5Billion in Largest Debt Sale in 2021
February 07, 2021 06:21 AM AEDT| By Team Kalkine MediaSource:Syda Productions, Shutterstock Summary Alibaba debt sale attracts USD 38 billion worth of orders from investors. Sales include bons of four different maturity periods. Alibaba stocks recover after Ant Group agrees to restructure its bu...
Uber Acquires Alcohol-Delivery Service Drizly for USD 1.1 Billion
February 04, 2021 06:53 AM AEDT| By Team Kalkine MediaSource:structuresxx, Shutterstock Summary The deal is expected to give huge boost to Uber’s market position along with other services. Uber stocks were priced at around USD 56 a share at close on Tuesday. Covid restrictions have opened...
US tech giants’ Stocks to stay on a roll in 2021 after a stellar 2020
February 04, 2021 03:17 AM AEDT| By Team Kalkine MediaSource: SFIO CRACHO, Shutterstock Summary The developments surrounding COVID-19 have triggered an increased shift towards technology products and services. The past year has been an outstanding time for tech companies with staggering grow...
