Technology stocks were little changed ahead of Monday's close, erasing earlier declines as the Technology Select Sector SPDR ETF (XLK) rose less than 0.1% while the Philadelphia Semiconductor Index remained 0.5% lower.
Advanced Micro Devices AMD has strengthened its position in the semiconductor market on the back of its evolution as an enterprise-focus company from a pure-bred consumer-PC chip provider.Advanced Micro Devices is riding on robust performance from the Computing and Graphi
Wall Street was mixed last week with the S&P 500 (up 0.32%), the Dow Jones (down 1.4%), the Nasdaq Composite (up 1.24%) and the Russell 2000 (down 2.85%) displaying a mixed performance. While new COVID-19 restrictions overseas weighed on the broader market at the end
Investors can cheer another encouraging development related to the COVID-19 vaccines. The FDA has broadened the emergency use authorization (EUA) approval of Moderna’s MRNA COVID-19 vaccine booster shot at the 50 µg dose level to all adults aged 18 and above. The U.S. Cen
Technology stocks were drifting lower, with the SPDR Technology Select Sector ETF (XLK) slipping 0.2% while the Philadelphia Semiconductor Index was falling 0.6% this afternoon.
Monday, November 22, 2021The 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 Alibaba Group Holding Ltd. (BABA), Lowe's Companies, Inc. (LOW), and American Expres
Nationwide COVID-19 lockdowns in Europe once again stirred fears of further spread of infections. New restrictions beyond the continent weighed on the broader U.S. market as travel restrictions have been easing slowly.This raises the chances of another wave of COVID-19 in
Broad equity ETFs continued to pull money ahead of the Thanksgiving week despite inflation concerns. This is especially true as ETFs overall gathered about $10.4 billion capital last week (ending Nov 12-18), bringing in inflows of $772.4 billion year to date. U.S. equity
Rivian Automotive's (RIVN) market capitalization has surpassed that of Ford's, and the disparity in valuation is astounding, with Rivian's valuation nearly one-and-a-half times that of the mega car manufacturer.
The Thanksgiving week is historically a bullish feast for the U.S. stock market even with low volumes and a holiday-shortened week. Although Americans are expected to spend less this year with expensive holiday meals, U.S. stocks should get a boost from upbeat traveling.T
Shares of Best Buy Co. (BBY) have been strong performers lately, with the stock up 15% over the past month. The stock hit a new 52-week high of $137.57 in the previous session. Best Buy Co. has gained 36.4% since the start of the year compared to the -2.5% move for the Za
Shares of Focus Financial Partners (FOCS) have been strong performers lately, with the stock up 10.9% over the past month. The stock hit a new 52-week high of $69.13 in the previous session. Focus Financial Partners has gained 56.7% since the start of the year compared to
Shares of Academy Sports and Outdoors (ASO) have been strong performers lately, with the stock up 15.8% over the past month. The stock hit a new 52-week high of $50.97 in the previous session. Academy Sports and Outdoors has gained 141.9% since the start of the year compa
Shares of Tri Pointe Homes (TPH) have been strong performers lately, with the stock up 5.8% over the past month. The stock hit a new 52-week high of $26.62 in the previous session. Tri Pointe Homes has gained 50.5% since the start of the year compared to the 28.1% move fo
Shares of McKesson (MCK) have been strong performers lately, with the stock up 5.7% over the past month. The stock hit a new 52-week high of $227.87 in the previous session. McKesson has gained 27% since the start of the year compared to the -5.9% move for the Zacks Medic
Have you been paying attention to shares of KLA (KLAC)? Shares have been on the move with the stock up 23.1% over the past month. The stock hit a new 52-week high of $426.84 in the previous session. KLA has gained 63.1% since the start of the year compared to the 30% move
Have you been paying attention to shares of FTI Consulting (FCN)? Shares have been on the move with the stock up 6.8% over the past month. The stock hit a new 52-week high of $153.85 in the previous session. FTI Consulting has gained 36.2% since the start of the year comp