Stocks
Can Beyond Meat Stock (BYND) Continue Monday’s Rally?
May 25, 2021 11:46 AM AEST | 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$1...
3 Quantum Computing Stocks To Explore: Amazon, IBM, AMD
May 25, 2021 09:39 AM AEST | 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 y...
Cabot Oil & Gas To Merge With Cimarex Energy In a US$17Bn Deal
May 25, 2021 08:59 AM AEST | 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 Cim...
Tencent & JD.com: Two Chinese Stocks To Explore
May 25, 2021 05:34 AM AEST | 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%. Te...
Procore & Roblox: Two Technology Stocks To Watch
May 25, 2021 04:32 AM AEST | By Team Kalkine MediaSummary Procore, founded in 2003 in California, offers technology solutions to construction businesses. Procore also has few competitors in the ma...
Magellan, Oasis, & Hess Corp: 3 Oil & Gas Stocks To Explore
May 25, 2021 04:25 AM AEST | 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 i...
Will These 3 Industrial Stocks Profit from Biden’s Infra Push?
May 25, 2021 03:47 AM AEST | 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...
Wells Fargo Set To Launch Crypto Services For Wealthy Clients
May 25, 2021 03:19 AM AEST | 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...
Why Ford’s Stock Surged 7.4% On Friday?
May 22, 2021 01:16 PM AEST | 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 E...
Trade Desk Stock Gains 10% After 10-for-1 Stock Split
May 22, 2021 01:07 PM AEST | 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 a...
Green Thumb & Curaleaf: 2 Pot Stocks On A High
May 22, 2021 05:11 AM AEST | 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 re...
Cleveland-Cliffs, Rio Tinto, & Freeport: 3 Mining Stocks To Explore
May 21, 2021 01:50 PM AEST | 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 Q...
BJ's Wholesale Stock Drops After Poor Earnings Report
May 21, 2021 12:52 PM AEST | 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...
WeWork’s Loses Swells To US$2.1billion Ahead of Public Listing
May 21, 2021 12:12 PM AEST | 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...
Kohl’s Stock Plunges Despite Improved Forecast
May 21, 2021 09:58 AM AEST | 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...
Lightspeed Stock Soars On Upbeat Revenue Outlook
May 21, 2021 09:40 AM AEST | 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...
Virgin Galactic Stock Rallies On Spaceflight Launch Update
May 21, 2021 09:07 AM AEST | By Team Kalkine MediaSummary The space tourism company to conduct a spaceflight test this Saturday. Virgin Galactic first attempted the spaceflight test in December 20...
Oatly Stock Up 22.97% In Market Debut, Raises US$1.4 billion
May 21, 2021 05:52 AM AEST | By Team Kalkine MediaSummary Oatly stock (NASDAQ: OTLY) soared 22.97% to US$20.9 at 2:48 pm ET on Thursday, May 20. Oatly raised US$1.4 billion from 84.4 million Ameri...
Why Iovance (NASDAQ: IOVA) Stock Surged Today?
May 21, 2021 05:44 AM AEST | By Team Kalkine MediaSummary The stock boost comes after Iovance revealed that its new cancer drug showed positive results. Iovance can apply for a biologics license,...
Agenus Stock Up On US$1.56 Bn Licensing Deal
May 20, 2021 12:32 PM AEST | By Team Kalkine MediaThe stock of Agenus Inc (NYSE: AGEN) was up 5% at the market close on Wednesday, a day after it sealed a US$1.36 billion licensing deal with Bris...