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Equinix, Inc. EQIX deepened its relationship with VMware to offer the latter’s SD-WAN Edge as a virtual network function (“VNF”) on the company’s Network Edge. Moreover, VMware is expanding its footprint in Equinix’s International Business Exchange data centers acros

In response to the rapid shift in consumer preference toward digital banking amid the pandemic, Mid Penn Bancorp, Inc. MPB has announced plans of consolidating three of its retail branch networks effective Dec 31, 2020. With this move, the bank aims to optimize the delivery of i

Financial stocks, specially banks, were hit hard on Monday after a report revealed that some of the major global banks allegedly kept “moving staggering sums of illicit cash for shadowy characters and criminal networks” despite warnings from the U.S. officials.The investigat

Pandemic worries are again dominating the markets this morning. With a light economic and earnings calendar for today, odds are the focus will once again be on the Fed. Today kicks off a busy week for Federal Reserve Chair Jerome Powell.

Housing is one of the few markets that displayed stern resilience to the economic impacts of the coronavirus pandemic. This industry has experienced a strong V-shaped recovery and is now even exceeding pre-pandemic levels fueled by rising need for more work-at-home space and rec

Micron MU is having a rough year owing to coronavirus-induced softness in the memory space. The company is suffering from bleak memory-chip demand as customers are adjusting inventories in response to the economic recession caused by the outbreak.Moreover, soft server demand fro

AutoZone (AZO) came out with quarterly earnings of $30.93 per share, beating the Zacks Consensus Estimate of $24.74 per share. This compares to earnings of $22.59 per share a year ago. These figures are adjusted for non-recurring items.

Baidu, Inc. BIDU recently unveiled new products and services based on artificial intelligence (AI) technologies at the annual Baidu World Conference in Beijing.In regard to this, the company revealed a few upgrades in the self-driving space. It stated that its autonomous vehicle

Microsoft Corporation MSFT announced on Sep 21 that it will buy ZeniMax Media, the company that owns well-known video game publisher Bethesda. This is by far one of the most notable video game acquisitions in Microsoft’s history. The acquisition comes at a time when video ga

The U.S. housing market has been on a tear over the past few months as a pandemic-triggered slowdown in home sales during the spring pushed home-buying season into summer, with homebuilder sentiment hitting a record high in September. Needless to say, the housing market in the U

Per a CNBC report, American Airlines Group AAL is planning to begin training pilots on the Boeing 737 MAX aircraft in November. This is a sign that the grounded Boeing 737 MAX aircraft’s return to service is approaching.Notably, the Boeing 737 MAX aircraft has been grounded si

Albemarle Corporation’s ALB shares have popped 24.9% over the past three months. The company has also outperformed its industry’s rise of 19.1% to over the same time frame.Albemarle, a Zacks Rank #3 (Hold) stock, has a market cap of roughly $10.1 billion and average volume o

Even as dealmakers bicker over who will actually own TikTok Global, another question emerged after President Donald Trump agreed over the weekend to keep the wildly popular video-sharing app running in the United States for another week: how can they possibly create 25,000 new jobs in the United States?

The Swiss National Bank will hold firm to its expansive stance and negative 0.75% interest rate when it meets to review monetary policy on Thursday, a Reuters poll showed.

After a 25% rise since the beginning of this year, at the current price of $39 per share we believe Hannon Armstrong stock (NYSE: HASI) has reached its near-term potential. HASI stock has rallied from $31 in January to $39 at present, compared to the S&P 500 which gained j

After a 3x rise since its low in March, at the current price of around $10 per share (as markets closed on 17th September) we believe SunPower stock (NASDAQ: SPWR) has reached its near term potential. The stock has crossed the level it was at before the drop in March, but in r

After a massive 2.5x rise since the March 23 lows of this year, at the current price of around $16 per share we believe Inovio Pharmaceuticals stock (NASDAQ:INO) has run its course, and any significant upside from these levels is unlikely. INO stock has been very volatile in

Illumina’s (NASDAQ:ILMN) stock dropped nearly 15% in the last 5 trading days while the S&P 500 barely moved. It appears more of a market correction driven by profit taking, considering that the stock has gone up this year despite shrinking sales. So what happens next? Is

Qualcomm stock (NASDAQ: QCOM) is up around 32% since the beginning of this year, but at the current price around $115 per share, we believe that Qualcomm stock could see significant downside.