Technology stocks were finishing near their Thursday lows, with Facebook parent company Meta (FB) weighing on the sector and other social media firms after reporting below-consensus Q4 earnings and guiding Q1 revenue below Wall Street expectations.
Starbucks Corporation SBUX released first-quarter fiscal 2022 results on Feb 1, after market close. The company’s earnings missed estimates while revenues surpassed the same. However, the metrics rose year over year despite the pandemic. Shares of Starbucks have declined
The Federal Reserve approach to fight skyrocketing inflation has raised the prospect of rate hikes this year, pushing the yields higher. The increase in interest rates will make borrowing expensive, driving up the cost of buying a new car or house, or carrying credit card
Thursday, February 3, 2022The 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 NVIDIA Corporation (NVDA), United Parcel Service, Inc. (UPS), and Intuit Inc. (INTU
Technology stocks were retreating Thursday, with Facebook parent company Meta (FB) weighing on the sector and other social media firms after reporting below-consensus Q4 earnings and forecasting Q1 revenue also lagging Wall Street expectations.
The Metaverse is a shared virtual 3D world, or worlds, that are interactive and collaborative. It is facilitated by the use of virtual and augmented reality. The concept became extremely popular in 2021 particularly since Facebook rebranded itself as Meta Platforms (FB).
The Federal Reserve approach to fight skyrocketing inflation has raised the prospect of rate hikes this year, pushing the yields higher. The increase in interest rates will make borrowing expensive, driving up the cost of buying a new car or house, or carrying credit card
This is a busy week for earnings season as over 100 S&P 500 companies are expected to report earnings, many of which are investor favorites on the Street.
After the closing bell on Feb 2, social media giant Meta Platforms FB disappointed investors following dismal fourth-quarter 2021 results. The company lost daily users in a quarter for the first time since it went public in 2012 and forecast a weak revenue guidance for th
Technology stocks were declining pre-bell Thursday as the Technology Select Sector SPDR ETF (XLK) was down more than 1% while the Semiconductor Sector Index Fund (SOXX) was over 2% lower.
Wall Street has been on choppy ride since the start of 2022 due to rising rate worries. The 10-year U.S. Treasury yield soared to its highest point in two years on Jan 18, 2022, hovering around 1.87%. Rates have been rising in the United States on the Fed’s rate hike bets
The last few days of January trading provided a much-needed rebound after a brutal month for stocks, with the S&P 500 suffering its worst month since March 2020. Just last week, the Nasdaq was down 17% from its records and the S&P 500 was hovering roughly 10% off
For Immediate ReleaseChicago, IL – February 3, 2022 – Zacks Market Edge is a podcast hosted weekly by Zacks Stock Strategist Tracey Ryniec. Every week, Tracey will be joined by guests to discuss the hottest investing topics in stocks, bonds and ETFs and how it impacts you
Investors seeking momentum may have High Dividend iShares Core ETF HDV on radar now. The fund recently hit a new 52-week high. The fund is 20.5% from its 52-week low level.
If you've been stuck searching for Mutual Fund Equity Report funds, consider T. Rowe Price Health Sciences (PRHSX) as a possibility. PRHSX possesses a Zacks Mutual Fund Rank of 1 (Strong Buy), which is based on nine forecasting factors like size, cost, and past performanc
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