Search Results for: tech

By Kuldip K. Ambastha Biogen Inc. (BIIB), a biotech company, had a memorable Monday of this past trading week. On Monday, June 7, 2021, Biogen had a +38.3% gain for the day on its stock. Biogen’s Alzheimer’s disease treatment was approved by the U.S. Food and Drug Administration (FDA) as part of an accelerated approval …

Continue reading “What Caught Our Attention in the Investment World? – Week of June 7-11, 2021”

By Kuldip K. Ambastha The Trade Desk, Inc. (TTD) is a global technology company in the digital advertising campaigns space. The company was founded in 2009 and is headquartered in California. Its stock went public in 2016. On Monday, May 10, 2021, the company’s stock saw a dramatic -26.0% loss for the trading day. Though …

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By Kuldip K. Ambastha Teladoc Health, Inc. (TDOC) is a multinational virtual healthcare and telemedicine company. On Thursday, April 29, 2021, the company’s stock dropped by -8.3% for the trading day. Wall Street research analysts had expected a net loss for the latest (1Q2021) quarterly results. Teladoc surprised Wall Street research analysts by announcing a …

Continue reading “What Caught Our Attention in the Investment World? – Week of April 26-30, 2021”

By Kuldip K. Ambastha UiPath Inc. (PATH) was founded in Romania, is now headquartered in New York City, and is a global software platform company focused on robotic process automation. The company’s IPO date was Wednesday, April 21, 2021, during this past trading week. The IPO reference price was $56.00 per share, for 23,890,777 Class …

Continue reading “What Caught Our Attention in the Investment World? – Week of April 19-23, 2021”

By Kuldip K. Ambastha In the last few years, cryptocurrencies (and their associated blockchain technology usages) have attracted the attention of many investors. During the past trading week, the first-ever North American exchange-traded fund (ETF) for Bitcoin was launched. Purpose Bitcoin ETF (BTCC-B.TO) saw strong interest from investors and heavy daily trading volumes. Though cryptocurrencies …

Continue reading “What Caught Our Attention in the Investment World? – Week of February 15-19, 2021”

By Kuldip K. Ambastha BlackBerry Limited (BB) is a well-known Canadian multinational company which had been named Research In Motion (RIM) initially. The technology (tech) company initially became famous for its BlackBerry line of pagers, smartphones, and tablets. Its current focus is on enterprise software and the Internet of Things (IoT). On Tuesday, January 19, …

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By Kuldip K. Ambastha On Tuesday, January 12, 2021, the stock of Etsy, Inc. (ETSY) had a +12.1% daily return. Etsy is a technology platform which serves as an online marketplace. Sellers are able to easily manage and scale their businesses (mainly focused on handmade products – arts, crafts, jewelry, clothing, and so on) through …

Continue reading “What Caught Our Attention in the Investment World? – Week of January 11-15, 2021”

By Kuldip K. Ambastha QuantumScape Corporation (QS) is a leading corporation in the development of lithium-metal batteries to be used in electric vehicles. The corporation seeks to change the landscape of energy storage and make a path towards sustainable energy for the world. Prominent investors in the company include Bill Gates plus Khosla Ventures. The …

Continue reading “What Caught Our Attention in the Investment World? – Week of January 4-8, 2021”

By Kuldip K. Ambastha Per the table shown above, FuelCell Energy, Inc. (FCEL) had a trading week of three down days and one up day. FuelCell Energy focuses on fuel cell technology, and also provides ultra-clean, comprehensive power solutions to customers. While the company is not currently profitable, its forecasted earnings growth rate for the …

Continue reading “What Caught Our Attention in the Investment World? – Week of December 28-31, 2020”

By Kuldip K. Ambastha The past trading week was a big one for the initial public offering (IPO) market sector. Airbnb, Inc. (ABNB), C3.ai, Inc. (AI), and DoorDash Inc. (DASH) all had massive IPOs. Airbnb is an online marketplace for rental properties, C3.ai is an enterprise artificial intelligence software-as-a-service applications provider, and DoorDash is a …

Continue reading “What Caught Our Attention in the Investment World? – Week of December 7-11, 2020”