As nations push for sustainable automotive technologies, electric vehicle (EV) start-up Fisker (NYSE:FSR) seems like a sure bet for powerful profits. Yet, FSR stock has fallen sharply from its peak price.
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I’m not going to mince words here. Fisker isn’t a profitable business venture. Therefore, it requires a measure of faith and forward-thinking vision to invest in this company.
Eventually, we should start to see Fisker’s flagship vehicle, the Ocean, on the roadways. For the time being, the company is mainly in the testing and preparation phases.
Top Tech Stocks To Own Right Now: Sportradar Group AG Class A Ordinary Shares(SRAD)
Sportradar Group AG focuses on operating as a holding company for Sportradar Holding AG that provides integrated sports data and technology platforms to the sports betting industry in the United Kingdom, Malta, Switzerland, and internationally. The company offers mission-critical software, data, and content to sports leagues, betting operators, and media companies. Its software solutions address the entire sports betting value chain from traffic generation and advertising technology to the collection, processing, and extrapolation of data and odds, as well as to visualization solutions, risk management, and platform services. The company was founded in 2001 and is headquartered in St. Gallen, Switzerland.
Advisors’ Opinion:
- [By ]
Another way to bet on the growth in sports betting appeared Tuesday with the Nasdaq debut of data vendor Sportradar Group (SRAD). The Swiss company’s revenues were three-times those of Genius’s in the first half of 2021, and unlike Genius, Sportradar has consistently reported profits. After opening at $27, Sportradar stock slipped 7% to close at $25.
Top Tech Stocks To Own Right Now: DiDi Global Inc.(DIDI)
DiDi Global Inc., a mobility technology platform, provides ride hailing and other services in the People's Republic of China, Brazil, Mexico, and internationally. It offers ride hailing, taxi hailing, chauffeur, hitch, and other forms of shared mobility services, as well as enterprise business ride solutions; auto solutions comprising leasing, refueling, and maintenance and repair services; electric vehicle leasing services; bike and e-bike sharing, intra-city freight, food delivery, and financial services. The company was formerly known as Xiaoju Kuaizhi Inc. and changed its name to DiDi Global Inc. in June 2021. DiDi Global Inc. was founded in 2012 and is headquartered in Beijing, China.
Advisors’ Opinion:
- [By ]
Other news in the stock market today:
The small-cap Russell 2000 retreated 0.5% to 2,292.Open-source database developer MongoDB (MDB) jumped more than 26% after the company reported a 44% year-over-year spike in revenues to $199 million. What's more, revenue from its Atlas cloud database surged 83% from the year prior, and now accounts for 56% of total revenue. The company also reported an adjusted per-share loss of 22 cents. Analysts, on average, were expecting $184.2 million in revenue and a 39-cent per-share loss. “MongoDB not only continues to build its developer base with new capabilities, but is also seeing rising interest from large enterprises, which increasingly view it as a strategic partner supporting a growing list of use cases, the result of years of go-to-market investment that are now bearing fruit,” Oppenheimer analysts wrote in a note. They maintained their Outperform rating, which is the equivalent of a Buy. DiDi Global (DIDI) got a lift today after a Bloomberg News report suggested several state-run firms in China – including Shouqi Group, a Beijing-based transportation company – were considering an investment in the ride-hailing service. The report cited people close to the matter, though no details have been given or confirmed. DIDI stock rose 2.4% today to close at $9.02, which is still well below its late-June initial public offering (IPO) price of $14 per share.U.S. crude futures gave back 1.0% to settle at $69.29 per barrel.Gold futures popped 1.2% to end at $1,833.70 – their highest settlement price since mid-June.The CBOE Volatility Index (VIX) slipped 0.6% to 16.32.Bitcoin crossed the $50k threshold on Friday, advancing 2.3% to $50,457.20. (Bitcoin trades 24 hours a day; prices reported here are as of 4 p.m. each trading day.).imgHideOnJavaScriptDisabled_40599vrkt5jccku { display: none !important; }
YCharts
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Imagine Uber, but with three times the drivers worldwide and 457 million more users – that’s Didi Global Inc. (NYSE: DIDI).
And the Didi stock forecast for 2025 looks sunny, despite some short-term hiccups. Let’s talk about why Didi could eventually dominate the global rideshare industry.
- [By ]
We were excited about Didi Global Inc. (NYSE: DIDI) ahead of the IPO. Unfortunately, this stock took a big hit, nearly losing half its price as it fell from $14 to $8.33.
Top Tech Stocks To Own Right Now: Zuora, Inc.(ZUO)
Zuora, Inc., together with its subsidiaries, provides cloud-based software on a subscription basis that enables companies in various industries to launch, manage, and transform into a subscription business. The company offers Zuora Central platform that acts as an intelligent subscription management hub that allows customers to order-to-revenue operations. Its products include Zuora Billing for subscription billing; Zuora Revenue, a revenue recognition automation solution; Zuora CPQ for configuring deals, pricing, and quoting in a subscription business; Zuora Collect designed to handle the complicated function of collections associated with subscription-based businesses; and Zuora Marketplace. It sells its products through its direct sales force, global systems integrators, management consulting firms, resellers, technology, and ecosystem partners. Zuora, Inc. was incorporated in 2006 and is headquartered in Redwood City, California.
Advisors’ Opinion:
- [By Keith Noonan (TMFNoons)]
Shares of Zuora (NYSE:ZUO) ended Thursday’s trading session roughly flat, according to data from S&P Global Market Intelligence. The stock initially made big gains following the company’s second-quarter earnings release after market close on Aug. 25, but shares subsequently retreated amid sell-offs for growth-dependent technology stocks.
- [By Logan Wallace]
Zuora Inc (NYSE:ZUO) gapped down before the market opened on Tuesday following insider selling activity. The stock had previously closed at $20.38, but opened at $19.94. Zuora shares last traded at $19.65, with a volume of 4978080 shares traded.
Top Tech Stocks To Own Right Now: Axcelis Technologies Inc.(ACLS)
Axcelis Technologies, Inc., together with its subsidiaries, designs, manufactures, and services ion implantation, dry strip, and other processing equipment used in the fabrication of semiconductor chips in the United States, Europe, and the Asia Pacific. It offers a line of high energy, high current, and medium current ion implanters for various applications, such as line of single wafer implanters, known as the Optima platform, comprising the Optima XE, the Optima HD, and the Optima MD. The company also offers dry strip tools, including the Integra RS, which comprises paired-chamber process modules. In addition, it provides aftermarket services and support, such as spare parts, equipment upgrades, maintenance services, and customer training. The company sells its equipment and services through direct sales force, distributors, and manufacturing representatives. Axcelis Technologies was founded in 1995 and is headquartered in Beverly, Massachusetts.
Advisors’ Opinion:
- [By Motley Fool Transcribing]
Axcelis Technologies (NASDAQ:ACLS) Q4 2018 Earnings Conference CallFeb. 7, 2019 8:30 a.m. ET
Contents:
Prepared Remarks Questions and Answers Call Participants
Prepared Remarks:Operator
- [By Stephan Byrd]
Get a free copy of the Zacks research report on Axcelis Technologies (ACLS)
For more information about research offerings from Zacks Investment Research, visit Zacks.com
- [By Shane Hupp]
Get a free copy of the Zacks research report on Axcelis Technologies (ACLS)
For more information about research offerings from Zacks Investment Research, visit Zacks.com
- [By Joseph Griffin]
Alps Advisors Inc. raised its stake in shares of Axcelis Technologies Inc (NASDAQ:ACLS) by 13.4% in the second quarter, according to its most recent 13F filing with the SEC. The fund owned 20,773 shares of the semiconductor company’s stock after purchasing an additional 2,457 shares during the period. Alps Advisors Inc. owned approximately 0.06% of Axcelis Technologies worth $596,000 as of its most recent SEC filing.
Top Tech Stocks To Own Right Now: Xilinx, Inc.(XLNX)
Xilinx, Inc. designs and develops programmable devices and associated technologies worldwide. Its programmable devices comprise integrated circuits (ICs) in the form of programmable logic devices (PLDs), such as programmable system on chips, and three dimensional ICs; software design tools to program the PLDs; targeted reference designs; printed circuit boards; and intellectual property (IP), which consists of Xilinx and various third-party verification and IP cores. The company also offers legacy development boards; development kits, including hardware, design tools, IP, and reference designs that are designed to streamline and accelerate the development of domain-specific and market-specific applications; and configuration products, such as one-time programmable and in-system programmable storage devices to configure Xilinx field programmable gate arrays. In addition, it provides design services, customer training, field engineering, and technical support. The company offers its products to electronic equipment manufacturers in end markets, such as wired and wireless communications, industrial, scientific and medical, aerospace and defense, audio, video and broadcast, consumer, automotive, and test and measurement. Xilinx, Inc. sells its products through a network of independent distributors; and through direct sales to original equipment manufacturers by a network of independent sales representative firms and by a direct sales management organization. The company was founded in 1984 and is headquartered in San Jose, California.
