After a great 2020, the videogame industry continues to thrive. According to the latest data from the NPD Group, console sales in January hit a 10-year high as more people stayed confined to their homes and continued to buy videogame consoles.
Per an article by Financial Times, T. Rowe Price Group TROW is planning to forgo commissions on the online purchases of third-party ETFs and stocks in its brokerage accounts, effective Mar 1.
The software space looks poised to make a comeback this year as the shift to digitization continues with trends like remote working driving demand. Notably, per a report by Gartner, the worldwide IT spending is set to rebound this year, increasing 6.2% compared to a decline of 3.
Dominion Energy Inc. D reported fourth-quarter 2020 operating earnings of 81 cents per share, which beat the Zacks Consensus Estimate by 5.2%. Operating earnings also decreased 20.6% year over year. The quarterly earnings were within the guidance range of 73-87 cents per share.GA
Verizon Communications Inc. VZ recently inked a definitive agreement for an undisclosed amount to acquire Austria-based software firm — incubed IT — in order to augment its robotic automation capabilities in industrial settings. The transaction is expected to close by the fir
Royal Dutch Shell plc. RDS.A recently expedited its conversion into a carbon-neutral energy product and services supplier, aided by its well-developed customer-oriented operations. The company set new objectives for electric-car charging, carbon capture and storage, and electrici
L Brands (NYSE:LB) stock, a women’s intimate apparel, personal care, and beauty products retailer, has rallied by 10% over the last five trading days and currently stands at around $48. In comparison, the broader S&P 500 returned only over 2% growth over the same peri
After a massive rise of around 3x from its March 2020 lows, at the current price of $122 per share, XPO Logistics stock(NYSE: XPO), a logistics and transportation company, appears to be fully valued. XPO stock has rallied from levels of around $40 to over $120 off the March 202
The shares of Boyd Gaming (NYSE: BYD) have gained 78% in the past quarter supported by broader momentum in sports betting and the iGaming industry. By acquiring a 5% stake in FanDuel, Boyd Gaming entered into a strategic agreement to develop its sports betting application, B Co
Amazon’s stock (NASDAQ: AMZN) has fallen by 2.2% over the last five trading days. The company announced its results on February 2nd, 2021. For FY 2020 Amazon recorded revenues at $386 billion, up 37% and earnings per share at $42.61, up from $23.46 in the previous year du
The stock price of Activision Blizzard (NASDAQ:ATVI) is now up around 2x from the levels it was on March 23, 2020, when broader markets made a bottom due to the spread of Covid-19. This marks a significant outperformance compared to the S&P which moved 74% since its Ma
The stock price of DuPont de Nemours Inc. (NYSE:DD) has seen a 9% decline over the last five trading days, while it is down 13% over the last ten trading days, and we believe the stock will likely rebound from the current levels in the near term. The decline can largely be
Teradata (NYSE: TDC), a database and analytics products and service provider, saw its stock rally by close to 73% over the last 5 trading days, and by about 92% over the last month (21 trading days). In comparison, the S&P 500 is up by just about 3% over the last month. So
Covid-19 vaccine stocks have had a stellar run, driven by the urgency to end the pandemic and the unprecedented speed at which companies developed vaccines. Our theme of Covid-19 Vaccine Stocks is up by 61% year to date and by over 20x since the end of 2019. We’ve now rea
Airbnb (NASDAQ: ABNB) stock has rallied by almost 55% since the beginning of 2021 and currently trades at levels of about $216 per share. The stock is up a solid 3x since its IPO in early December 2020. Although there hasn’t been news from the company to warrant gains of
As part of its plans to expand in underserved markets, Hibbett Sports, Inc. HIBB opened a new store at 2734 Decker Blvd in the Fashion Place Shopping Center at Columbia for sneakerheads, families and sports enthusiasts. Being Hibbett’s second store in Columbia, the launch of th
We expect Orchard Therapeutics plc ORTX to beat expectations when it reports fourth-quarter and full-year 2020 results. The company should provide updates on the launch activities of Libmeldy (OTL-200) in Europe.
Synopsys SNPS is slated to release first-quarter fiscal 2021 results on Feb 17.Management expects first-quarter revenues between $935 million and $965 million. The Zacks Consensus Estimate for the top line is currently pegged at $952.24 million, indicating 14.13% year-on-year gro
Should Investors Be Watching These Top Tech Stocks? 4 Names to KnowTech stocks continue to dominate the stock market right now. Evidently, this is because of the stellar earnings season that we have seen over the past few weeks. For instance, tech juggernauts Apple (NASDAQ: AAPL)
Checked
1 minute 1 second ago
This feed is responsible for generating the rss feed related to the topic Stocks