Stocks


 Macy’s Raises FY’21 Forecast; Stock Up 68% YTD

Macy’s Raises FY’21 Forecast; Stock Up 68% YTD

May 19, 2021 10:29 AM AEST | By Team Kalkine Media

Summary The department store operator projects its net sales to grow to US$22.23 billion in fiscal 2021. Macy’s added 4.6 million new custom...

 Home Depot Net Earnings Soar 84%, Sales Up 32.7% In Q1

Home Depot Net Earnings Soar 84%, Sales Up 32.7% In Q1

May 19, 2021 09:59 AM AEST | By Team Kalkine Media

The first-quarter net earnings of Home Depot, Inc. (NYSE: HD) rose to US$4.15 billion, or US$3.86 per share diluted, from US$2.25 billion, or US$2.08...

 Walmart’s Revenue Up 2.7% On Pent-Up Demand, E-Commerce Boost

Walmart’s Revenue Up 2.7% On Pent-Up Demand, E-Commerce Boost

May 19, 2021 04:34 AM AEST | By Team Kalkine Media

Summary Walmart’s revenue rose 2.7% YoY to US$138.3 billion in the first quarter of 2021. Its global e-commerce sales jumped 49% during the...

 Why Is AMC Entertainment Stock Trending?

Why Is AMC Entertainment Stock Trending?

May 18, 2021 11:45 AM AEST | By Team Kalkine Media

Summary The stock of Kansas City-based movie exhibition company surged over 7 percent on Monday. With the CDC’s latest guidelines on masks a...

 Why Is AMC Entertainment Stock Trending?

Why Is AMC Entertainment Stock Trending?

May 18, 2021 09:58 AM AEST | By Team Kalkine Media

Summary The stock of Kansas City-based movie exhibition company surged over 7 percent on Monday. With the CDC’s latest guidelines on masks a...

 Amazon, ASML, Trade Desk: 3 Tech Stocks On Investors' Radar

Amazon, ASML, Trade Desk: 3 Tech Stocks On Investors' Radar

May 18, 2021 09:27 AM AEST | By Team Kalkine Media

Summary Amazon's profit tripled in Q1 ended March 31, 2021, from the year-ago period. Dutch firm ASML anticipates 30 percent revenue growth this y...

 Kraft Heinz: A Rising Warren Buffet Stock

Kraft Heinz: A Rising Warren Buffet Stock

May 18, 2021 08:53 AM AEST | By Kiran Murali

Summary The stock outperformed its competitors like Mondelēz International, Inc. (NASDAQ: MDLZ), and PepsiCo, Inc. (NASDAQ: PEP) this year. Kraft...

 Clover Health & Onconova Therapeutics: Two Rising Healthcare Stocks

Clover Health & Onconova Therapeutics: Two Rising Healthcare Stocks

May 18, 2021 04:13 AM AEST | By Team Kalkine Media

Summary Clover Health posted record revenue growth of US$200.3 million in Q1 of 2021. The stock of Onconova jumped 13.82% from its previous close...

 AT&T To Combine WarnerMedia With Discovery In US$43B Deal

AT&T To Combine WarnerMedia With Discovery In US$43B Deal

May 18, 2021 02:55 AM AEST | By Team Kalkine Media

Summary AT&T’s shareholders to hold 71 percent stake in the new company while Discovery shareholders will keep the rest. Discovery Presi...

 Plug Power & FuelCell: Two Hydrogen Stocks To Explore

Plug Power & FuelCell: Two Hydrogen Stocks To Explore

May 16, 2021 04:21 AM AEST | By Team Kalkine Media

Summary Hydrogen energy companies are setting a new benchmark for the industry of late. Plug Power stocks jumped more than 500% in the past 12 mon...

 Disney Hits 103 Million Subscribers in Q2, Revenues Down 13%

Disney Hits 103 Million Subscribers in Q2, Revenues Down 13%

May 16, 2021 04:07 AM AEST | By Team Kalkine Media

The Walt Disney Company (NYSE: DIS) results for the second quarter ended April 3, 2021, was out on Friday. Its quarterly revenues were down 13% to US$...

 DoorDash Stock Jumps Over 20% After Strong Earnings Report

DoorDash Stock Jumps Over 20% After Strong Earnings Report

May 15, 2021 05:19 AM AEST | By Team Kalkine Media

The stock of American food delivery service DoorDash Inc. (NYSE: DASH) surged more than 23% to US$142.265 at 2:29 pm ET on Friday, May 14, a day after...

 Three Penny Stocks Worth Exploring

Three Penny Stocks Worth Exploring

May 14, 2021 11:12 AM AEST | By Team Kalkine Media

Penny stocks are considered as a high-risk investment due to their volatile nature. But lower price points and the potential for high returns make the...

 Trulieve Acquires Harvest Health’s Cannabis Arm For Record US$2.1 bn

Trulieve Acquires Harvest Health’s Cannabis Arm For Record US$2.1 bn

May 14, 2021 09:41 AM AEST | By Team Kalkine Media

Summary Florida-based marijuana company Trulieve (TCNNF) has acquired Harvest Health’s cannabis arm for a record US$2.1 billion in the bigges...

 Alibaba’s revenues up 64% YoY, Adds 1 Billion Active Customers

Alibaba’s revenues up 64% YoY, Adds 1 Billion Active Customers

May 14, 2021 08:31 AM AEST | By Team Kalkine Media

Summary Alibaba’s revenues up 64% YoY to US$28.6, with adjusted earnings of US$1.58 a share. Loss of US$1.1 billion due to penalty of US$2.7...

 What’s Next for Xiaomi After US Ban Revoked?

What’s Next for Xiaomi After US Ban Revoked?

May 14, 2021 06:59 AM AEST | By Team Kalkine Media

Summary The recent lifting of the ban by the US Defence Department – a ruling that it had been waiting for some time - has raised the bar for...

 3 Technology Stocks To Explore On Wall Street

3 Technology Stocks To Explore On Wall Street

May 14, 2021 06:04 AM AEST | By Team Kalkine Media

Technology was one of the best performing sectors in 2020. Yet, the NASDAQ 100 Index has been an underperformer to the S&P 500 year-to-date. Rece...

 Renewables Get A Jumpstart After Biden’s US$2.8bn Wind Project

Renewables Get A Jumpstart After Biden’s US$2.8bn Wind Project

May 14, 2021 04:36 AM AEST | By Team Kalkine Media

In a major boost to the renewable energy sector, the Biden administration has approved the country's largest wind farm project valued at around US$2.8...

 Tesla Eyes Entry Into Multimillion-Dollar US Renewable Market

Tesla Eyes Entry Into Multimillion-Dollar US Renewable Market

May 14, 2021 03:01 AM AEST | By Team Kalkine Media

Summary Tesla is one of the eight companies that submitted applications with the Environmental Protection Agency (EPA) for power generation and ren...

 FuboTV Shares Rise On Record Q1 Revenue Growth

FuboTV Shares Rise On Record Q1 Revenue Growth

May 13, 2021 05:23 AM AEST | By Team Kalkine Media

Summary First quarter revenue and subscriber figures exceeded FuboTV’s estimate. Revenue grew 135 percent year over year to US$119.7 million...

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