Technology stocks were lower, with the SPDR Technology Select Sector ETF (XLK) Thursday down 0.4% and the Philadelphia Semiconductor Index falling 4.5% this afternoon.
The Nasdaq, heavy on technology and growth stocks, has been downbeat this year. The index is now off more than 10% from its November record, ensuring the fact that it has entered the correction territory. The Nasdaq Composite has lost 13% this year as investors continue t
For Immediate ReleaseChicago, IL – January 27, 2022 – Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured
As the demand for semiconductors continues to surge, HSBC Asset Management (HSBC AM) launched the HSBC Nasdaq Global Semiconductor UCITS ETF, providing investors with a new investment vehicle to tap into this rapidly developing space.
The S&P 500 and the Nasdaq last week posted their worst performances since the pandemic began. The benchmark index is officially in correction territory (down 10% or more from its highs) and the tech-heavy Nasdaq is down around 16%.
Intel INTC reported Q4 results after market close yesterday. The world’s largest chipmaker smashed estimates for both earnings and revenues but provided a mixed outlook for the first quarter.Shares of Intel are down 2.5% in pre-market hours at the time of writing. Given t
For Immediate ReleaseChicago, IL – January 27, 2022 – Zacks Director of Research Sheraz Mian says, "Despite the well-known headwinds of cost pressures and logistical bottlenecks, an above-average proportion of companies have been able to beat EPS and revenue estimates."
The world's largest software maker — Microsoft MSFT — delighted investors with better-than-expected second-quarter fiscal 2022 results. It continued a long track of beating earnings estimates and topped the revenue estimate. Microsoft also issued an optimistic growth fore
For Immediate ReleaseChicago, IL – January 27, 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
Technology stocks were advancing premarket Thursday. The Technology Select Sector SPDR ETF (XLK) was over 1% higher and the Semiconductor Sector Index Fund (SOXX) was recently up by 1.2%.
The latest Fed meeting came across as hawkish. Federal Reserve policy makers indicated that they are likely to enact their first interest rate hike since 2018 in their March meeting to combat sky-high inflation. “With inflation well above 2 percent and a strong labor mark
For Immediate ReleaseChicago, IL – January 27, 2022 – Stocks in this week’s article are Las Vegas Sands LVS, Caesars Entertainment CZR, Sendas Distribuidora ASAI and Hawaiian Holdings HA.
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There are plenty of choices in the Mutual Fund Equity Report category, but where should you start your research? Well, one fund that may not be worth investigating is American Growth Fund Series Two E (AMREX). AMREX holds a Zacks Mutual Fund Rank of 4 (Sell), which is bas
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