Roku ROKU bulls woke up to some great news on Wednesday and got to enjoy a nearly 20% surge in shares.The stock opened at $236 and made its way to $260 after lunch time on word that Google made nice and decided to let YouTube remain on the streaming platform."Effective to
Wall Street has recouped some losses from the omicron threat-related weakness on the first trading day of the week. The Dow Jones Industrial Average was up 1.8% on Dec 6. The S&P 500 and the Nasdaq Composite were also up 1.1% and 0.9%, respectively, on the same tradin
Shares of streaming device maker Roku ROKU closed up over 18% in Wednesday’s trading session, steadily gaining all day after the company announced a new multiyear agreement with Alphabet’s GOOGL Google to keep YouTube and YouTube TV on its platform.
Technology stocks firmed slightly this afternoon, with the SPDR Technology Select Sector ETF (XLK) Wednesday rising 0.2% in late trade although the Philadelphia Semiconductor Index still was sinking 0.5% shortly before Wednesday's closing bell.
Over the past year, blockchain has taken the world by storm via the decentralized finance (DeFi) sector, which continues to grow exponentially in terms of service offerings and total value locked (TVL).
Technology stocks were little changed, with the SPDR Technology Select Sector ETF (XLK) Wednesday rising less than 0.1% while the Philadelphia Semiconductor Index was sinking 0.7% this afternoon.
The Nasdaq Composite Index, which was badly beaten down by the Omicron impact, showed a strong reversal on the Dec 7 trading session. The benchmark climbed 3%, marking the best one-day gain since Mar 9. Invesco QQQ QQQ, which serves as a proxy to the index, also jumped 3%
The Nasdaq Composite rose 3% on Dec 7 after gaining 0.9% on the previous day. The technology sector led the market rally with a 3.5% increase. The rally in the space has been largely caused by buyers purchasing the dip. Mega-cap tech stocks like Microsoft MSFT and Amazon
LendingClub Corporation LC provides internet financial services. The Company offers online marketplace for loan approval, pricing, servicing and support operations as well as regulatory and legal framework which connects borrowers and investors.The Zacks Consensus Estimat
For Immediate ReleaseChicago, IL – December 8, 2021 – Zacks Equity Research Shares of Lowe's Companies, Inc. LOW as the Bull of the Day, Ollie's Bargain Outlet Holdings, Inc. OLLI as the Bear of the Day. In addition, Zacks Equity Research provides analysis on Toyota Motor
After a wild swing over the past few sessions, Wall Street showed the biggest rally in nine months on bets that the Omicron variant is less fearful than expected. While several ETFs have gained with the broader market, a few have hit fresh highs.We have highlighted five f
Shares of Tri Pointe Homes (TPH) have been strong performers lately, with the stock up 7.3% over the past month. The stock hit a new 52-week high of $27.71 in the previous session. Tri Pointe Homes has gained 57.4% since the start of the year compared to the 30.4% move fo
Shares of Silicon Motion Technology (SIMO) have been strong performers lately, with the stock up 26.3% over the past month. The stock hit a new 52-week high of $88.05 in the previous session. Silicon Motion Technology has gained 82.7% since the start of the year compared
Shares of Broadcom (AVGO) have been strong performers lately, with the stock up 5.8% over the past month. The stock hit a new 52-week high of $593.07 in the previous session. Broadcom has gained 34.8% since the start of the year compared to the 26.5% move for the Zacks Co
Have you been paying attention to shares of CSG Systems International (CSGS)? Shares have been on the move with the stock up 0.9% over the past month. The stock hit a new 52-week high of $55.01 in the previous session. CSG Systems International has gained 20.9% since the
Have you been paying attention to shares of Rambus (RMBS)? Shares have been on the move with the stock up 19.2% over the past month. The stock hit a new 52-week high of $28.68 in the previous session. Rambus has gained 64% since the start of the year compared to the 26.5%
Shares of AutoZone (AZO) have been strong performers lately, with the stock up 8.4% over the past month. The stock hit a new 52-week high of $2028.66 in the previous session. AutoZone has gained 70.7% since the start of the year compared to the -6% move for the Zacks Reta