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Stocks
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...
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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...
Three Growth Stocks Flying In The Face Of Lockdown
May 20, 2021 12:05 PM AEST | By Team Kalkine MediaSummary The stock of e-commerce platform Shopify has grown 950% in the last three years. Payment app Square Inc.’s profits surged 79% in Q1...
Three Utility Stocks To Explore As Economy Reopens
May 20, 2021 10:05 AM AEST | By Team Kalkine MediaSummary The stock of Exelon Corp grew 23.48% in the last one year. PPL Corp has invested over US$3 billion in infrastructure in 2020. Pinnacle&rs...
Why CVS Health (NYSE: CVS) Is On Investors’ Radar This Week?
May 20, 2021 04:46 AM AEST | By Team Kalkine MediaSummary The stock of CVS Health hit a 52-week high of US$89.64 on Tuesday. Shawn Guertin to replace Eva Boratto to become the company’s new...
Target’s Stock Up 4% On Strong Q1 Earnings
May 20, 2021 04:17 AM AEST | By Kiran MuraliThe stock of Target Corporation (NYSE: TGT) rose over 4 percent on Wednesday morning, May 19, after the retailer posted a 639 percent year-over-year g...
Lowe’s Inc. Revenue Soars 77%, Bolstered By Pandemic-Fuelled Demand
May 20, 2021 04:00 AM AEST | By Team Kalkine MediaSummary The home improvement company recorded revenue of US$2.3 billion in Q1. Sales surged 25.9% to US$24.4 billion, aided by pandemic-fuelled de...
Macy’s Raises FY’21 Forecast; Stock Up 68% YTD
May 19, 2021 10:29 AM AEST | By Team Kalkine MediaSummary 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
May 19, 2021 09:59 AM AEST | By Team Kalkine MediaThe 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
May 19, 2021 04:34 AM AEST | By Team Kalkine MediaSummary 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?
May 18, 2021 11:45 AM AEST | By Team Kalkine MediaSummary 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?
May 18, 2021 09:58 AM AEST | By Team Kalkine MediaSummary 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
May 18, 2021 09:27 AM AEST | By Team Kalkine MediaSummary 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
May 18, 2021 08:53 AM AEST | By Kiran MuraliSummary 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
May 18, 2021 04:13 AM AEST | By Team Kalkine MediaSummary 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$43B Deal
May 18, 2021 02:55 AM AEST | By Team Kalkine MediaSummary AT&T’s shareholders to hold 71 percent stake in the new company while Discovery shareholders will keep the rest. Discovery Presi...
Plug Power & FuelCell: Two Hydrogen Stocks To Explore
May 16, 2021 04:21 AM AEST | By Team Kalkine MediaSummary Hydrogen energy companies are setting a new benchmark for the industry of late. Plug Power stocks jumped more than 500% in the past 12 mon...
Disney Hits 103 Million Subscribers in Q2, Revenues Down 13%
May 16, 2021 04:07 AM AEST | By Team Kalkine MediaThe Walt Disney Company (NYSE: DIS) results for the second quarter ended April 3, 2021, was out on Friday. Its quarterly revenues were down 13% to US$...
DoorDash Stock Jumps Over 20% After Strong Earnings Report
May 15, 2021 05:19 AM AEST | By Team Kalkine MediaThe 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...
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