Nasdaq Technology

Tech stocks were mixed Thursday afternoon, with the Technology Select Sector SPDR Fund (XLK) decreasing 0.4% and the SPDR S&P Semiconductor ETF (XSD) up 0.4%.

Thursday, February 15, 2024The Zacks Research Daily presents the best research output of our analyst team. Today's Research Daily features new research reports on 16 major stocks, including Mastercard Incorporated (MA), SAP SE (SA

While I highly recommend the full read of the LatAm SaaS Report, here are some key themes that I enjoyed.

In the fourth quarter of 2023, Warren Buffett's Berkshire Hathaway (BRK.B) made adjustments to its holdings, notably trimming its flagship position in Apple. Berkshire sold about 1% of its Apple AAPL shares during this period, red

Within the insurance technology industry, where innovation is rapidly evolving, companies are actively exploring cutting-edge tools to improve their approach to claims management.

Tech prime Cisco Systems CSCO disappointed investors when it reported second-quarter fiscal 2024 results. Though the company beat estimates on both earnings and revenues, it provided a weak outlook and revealed plans to lay off 5%

Cedar Fair, L.P. (FUN) reported $371.12 million in revenue for the quarter ended December 2023, representing a year-over-year increase of 1.4%. EPS of $0.16 for the same period compares to $0.37 a year ago.

A month has gone by since the last earnings report for Goldman Sachs (GS). Shares have added about 0.2% in that time frame, underperforming the S&P 500.

A month has gone by since the last earnings report for Hancock Whitney (HWC). Shares have lost about 4.1% in that time frame, underperforming the S&P 500.

Wendy's (WEN) reported $540.65 million in revenue for the quarter ended December 2023, representing a year-over-year increase of 0.8%. EPS of $0.21 for the same period compares to $0.22 a year ago.

After a weak start to 2024, Wall Street regained momentum, with all three major indices near its all-time high. Notably, the S&P 500 topped 5,000 last week for the first time ever. A combination of factors, including a solid e

Organon (OGN) reported $1.6 billion in revenue for the quarter ended December 2023, representing a year-over-year increase of 7.6%. EPS of $0.88 for the same period compares to $0.81 a year ago.

Iridium Communications (IRDM) reported $194.74 million in revenue for the quarter ended December 2023, representing a year-over-year increase of 0.5%. EPS of $0.30 for the same period compares to -$0.01 a year ago.

For the quarter ended December 2023, Lincoln Electric Holdings (LECO) reported revenue of $1.06 billion, up 13.7% over the same period last year. EPS came in at $2.45, compared to $1.94 in the year-ago quarter.

Sabre (SABR) reported $687.05 million in revenue for the quarter ended December 2023, representing a year-over-year increase of 8.9%. EPS of -$0.12 for the same period compares to -$0.36 a year ago.

For the quarter ended December 2023, InterDigital (IDCC) reported revenue of $105.52 million, down 9.9% over the same period last year. EPS came in at $1.41, compared to $1.08 in the year-ago quarter.

For the quarter ended December 2023, Alnylam Pharmaceuticals (ALNY) reported revenue of $439.72 million, up 31.2% over the same period last year. EPS came in at -$1.10, compared to -$1.68 in the year-ago quarter.

Bitcoin, the world's largest cryptocurrency, surged past the $52,000 mark for the first time since December 2021. This represents a gain of nearly 21% so far this year for the cryptocurrency, pushing its market cap to more than $1

Integer (ITGR) reported $413.15 million in revenue for the quarter ended December 2023, representing a year-over-year increase of 10.9%. EPS of $1.39 for the same period compares to $1.11 a year ago.

Technology stocks were advancing premarket Thursday as the Technology Select Sector SPDR Fund (XLK) was up 0.2% and the SPDR S&P Semiconductor ETF (XSD) was 1.6% higher recently.