Stocks

Facebook launches ad service on Instagram Reels
June 18, 2021 11:25 AM AEST| By Team Kalkine MediaSummary Facebook’s daily active users as of March 31 was 1.88 billion, an increase from 1.84 million in December 2020. Facebook segments the users in various categories, such as location, gender, behavior, and interests, for ads on Facebo.....

ByteDance revenues surge 111% to US$34.3 billion in 2020
June 18, 2021 05:48 AM AEST| By Team Kalkine MediaSummary ByteDance, considered the world’s most valuable startups, is yet to announce its IPO plans. It was valued at US$180 billion during a funding round in December last year in which it raised US$5 billion. ByteDance is a major rival t.....

Top 10 energy stocks to explore in US
June 17, 2021 10:20 AM AEST| By Team Kalkine MediaSummary TPL’s revenue for the quarter ended March 31, 2021, was US$84.16 million compared to US$96.59 million in the corresponding period of 2020. PXD’s total revenue for the quarter ended March 31, 2021, was US$3.06 billion, up 52%.....

10 hot EV stocks to explore this summer
June 16, 2021 04:43 AM AEST| By Team Kalkine MediaSummary Tesla In.’s expenditure on research and development increased by 106% YoY to US$666 million in the quarter ended March 31, 2021. In Q1 of 2021, NIO delivered 20,060 vehicles, against 3,838 in the same quarter of 2020. ChargePoint.....

Will EV market recover?
June 15, 2021 10:21 AM AEST| By Team Kalkine MediaElectric vehicle is the buzzword these days as almost all companies, big or small, are tapping into the EV market and helping support the global efforts to reduce carbon buildup. As the world is shifting towards creating a pollution-free circular ec...

Top 10 consumer staple stocks to watch as inflation rises
June 15, 2021 10:00 AM AEST| By Kiran MuraliConsumer companies face several headwinds, such as increased raw materials and shipping costs and supply chain delays. Several consumer staple companies have already warned about inflationary pressure, while some have announced plans to increase the...

Lordstown Motors stock tanks as CEO, CFO step down
June 15, 2021 09:53 AM AEST| By Team Kalkine MediaSummary CEO Steve Burns and CFO Julio Rodriguez have stepped down. A probe found some issues related to pre-orders. Lordstown has flagged concerns in continuing business as a going concern. Lordstown Motors Corp. (NASDAQ: RIDE) stock plun.....

What are high paying dividend stocks in US?
June 15, 2021 08:25 AM AEST| By Team Kalkine MediaSummary Target Corp. has been paying a dividend since its IPO in 1967. It has been paying a dividend of US$3.6 annually with a yield of 1.17%. AbbVie Inc.’s dividend yield is 4.51%, and its annualized dividend pay-out is US$5.20. Caterpi.....

Why did Novavax jump 10% in pre-market trading today?
June 15, 2021 06:28 AM AEST| By Team Kalkine MediaSummary Novavax’s covid drug showed 93% overall efficacy and 100% effectiveness in patients with moderate and severe infection during the phase 3 trial. The company aims to manufacture up to 150 million doses daily in Q4 after receiving a.....

10 retail stocks to explore as economy improves
June 15, 2021 05:16 AM AEST| By Team Kalkine MediaSummary In Q1 of 2021, Big Lots’ net income was US$94.6 million or US$2.62 per diluted share. In the same period last year, its net income was US$49.3 million. Ulta Beauty’s net sales were US$1.9 billion, up 65.9% YoY, and net incom.....

Top ten oil & gas stocks to explore
June 15, 2021 04:10 AM AEST| By Team Kalkine MediaSummary Prices of oil & gas stocks are rising as business restrictions are relaxed after vaccine progress. In Q1 of 2021, EOG Resources, Inc. logged total revenue of US$3694 million and a net income of US$677 million. Pioneer Resources&rsq.....

10 Semiconductor Stocks To Watch This Summer
June 12, 2021 01:30 PM AEST| By Team Kalkine MediaSummary In Q1 ended May 2, 2021, NVIDIA’s revenue surged 84% YoY to US$5.7 billion. Its gaming and data center contributed the maximum revenue at US$4.8 billion. On June 10, AMD announced that its EPYC processors would be used in Alletra .....
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Novan Inc. & Senseonic Inc: Two Trending Healthcare Stocks
June 12, 2021 01:12 PM AEST| By Team Kalkine MediaSummary Novan Inc. (NOVN) announced that its phase three clinical study of its antiviral gel for treating molluscum was positive. Novan’s stock jumped 62.39% to US$14.68 at the market close on June 11 after the study results were declared.....

Top 10 US-Listed Energy Stocks To Explore
June 12, 2021 04:49 AM AEST| By Team Kalkine MediaThe energy sector plays an important role in the economy and is crucial in driving industrial growth. The industry includes companies involved in the exploration and production of oil and gas and those producing renewable energy. Here, we explore th...

Strong Q1 Results, Improved Outlook Boost Signet, RH Stocks
June 11, 2021 08:42 AM AEST| By Kiran MuraliStocks of Signet Jewelers Limited (NYSE:SIG) and RH (NYSE: RH) rallied as much as 22 percent and 16 percent respectively on Thursday’s trading after the companies reported their first-quarter results that exceeded their estimates. Jewelry re.....

Sonic Auto, National Western & Core Lab: 3 Small-Caps In Limelight
June 11, 2021 07:28 AM AEST| By Team Kalkine MediaSummary Sonic Automotive recorded revenue of US$2.8 billion in Q1. National Western’s recoded revenue surged 29% YoY to US$200 million. Core Laboratories registered revenue of US$108 million in Q1. Small-cap stocks are companies tha.....

Five Hot Growth Stocks That May Fly High
June 11, 2021 04:53 AM AEST| By Team Kalkine MediaSummary Pinduoduo's revenue skyrocketed 239% YoY to around US$13,383.4 million in Q1. CyberArk’s subscription revenue surged 180% YoY to US$24.7 million in Q1. Five Below Inc.’s net sales rose 6.2% to about US$1,962.1 million in th.....

Three Communication Stocks To Explore
June 11, 2021 03:35 AM AEST| By Team Kalkine MediaSummary Television operator Dish Network Corp recorded US$4.50 billion in revenue in Q1. Fox Corp. registered a net income of US$582 million in Q1 of 2021. Wireless service provider Verizon Communications’ revenue rose 2.4% YoY to US$7.8.....

10 Rising Small-Cap Technology Stocks In US
June 11, 2021 03:03 AM AEST| By Team Kalkine MediaSummary The stock of Avid Technology Inc. gained more than 300% in the past year. PAR Technology announced its partnership with Glimpse Group to provide Brink POS services for managing inventory, cost tracking, and monitoring staff performance......

10 Hot Mid-Cap Stocks To Watch
June 10, 2021 09:41 AM AEST| By Team Kalkine MediaSummary Treehouse bought a controlling stake in the Missouri-based pasta brand Riviana Foods, Inc. Footwear company Crocs’ Q1 revenues were up 63.6% YoY to US$460.1 million. In Q3, Stitch Fix logged revenues of around US$535.6 million, u.....