The latest ISM Manufacturing Purchasing Managers' Index (PMI) data for the United States appears to be decent. The metric stood at 60.8 in October from 61.1 in September but, surpassed forecasts of 60.5, per a Reuters article. Any reading above 50% indicates expansion in
Technology stocks eased slightly this afternoon, with the Technology Select Sector SPDR ETF (XLK) climbing 0.9% in late trade while the Philadelphia Semiconductor Index was posting a 1.1% advance.
Rivian Automotive Inc., the electric-vehicle start-up backed by Amazon.com Inc. AMZN (which 20% stake in the start-up) and Ford Motor Co. (F) has reportedly filed for an initial public offering and is seeking a roughly $54.6 billion valuation, according to its amended pro
Technology stocks were trading higher Tuesday, with the Technology Select Sector SPDR ETF (XLK) and the Philadelphia Semiconductor Index both advancing 1% by early afternoon.
Tuesday, November 2, 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 PayPal Holdings, Inc. (PYPL), Merck & Co., Inc. (MRK), and Caterpillar Inc. (CAT
The Chinese markets have had a really tough time lately due to regulatory scrutiny on various sectors, mainly the all-important technology space. In April, technology giant Alibaba incurred a record $2.8 billion fine after a probe found that it had abused its dominant mar
Shares of Signet Jewelers (SIG) have been strong performers lately, with the stock up 14.6% over the past month. The stock hit a new 52-week high of $97.36 in the previous session. Signet Jewelers has gained 253.5% since the start of the year compared to the -5.2% move fo
Have you been paying attention to shares of Waste Connections (WCN)? Shares have been on the move with the stock up 9.4% over the past month. The stock hit a new 52-week high of $136.68 in the previous session. Waste Connections has gained 32.6% since the start of the yea
Have you been paying attention to shares of Lowe's Companies (LOW)? Shares have been on the move with the stock up 13.3% over the past month. The stock hit a new 52-week high of $235.9 in the previous session. Lowe's Companies has gained 44.4% since the start of the year
Have you been paying attention to shares of lululemon athletica (LULU)? Shares have been on the move with the stock up 16.9% over the past month. The stock hit a new 52-week high of $469.44 in the previous session. lululemon athletica has gained 31.9% since the start of t
Have you been paying attention to shares of PCB Bancorp (PCB)? Shares have been on the move with the stock up 12.7% over the past month. The stock hit a new 52-week high of $22.46 in the previous session. PCB Bancorp has gained 119.4% since the start of the year compared
Have you been paying attention to shares of Sanderson Farms (SAFM)? Shares have been on the move with the stock up 2.9% over the past month. The stock hit a new 52-week high of $200 in the previous session. Sanderson Farms has gained 44.9% since the start of the year comp
Shares of AllianceBernstein Holding L.P. (AB) have been strong performers lately, with the stock up 12.4% over the past month. The stock hit a new 52-week high of $57.54 in the previous session. AllianceBernstein Holding L.P. has gained 67.5% since the start of the year c
Have you been paying attention to shares of HeritageCrystal Clean (HCCI)? Shares have been on the move with the stock up 22.1% over the past month. The stock hit a new 52-week high of $36.29 in the previous session. HeritageCrystal Clean has gained 68.3% since the start o
The month of November picked up on Monday right where the month of October left off… with the three major indices putting in a new round of all-time highs! But let’s not get ahead of ourselves. We’re beginning a busy and eventful week that includes tons more earnings re
Technology stocks were mixed in Tuesday's pre-bell trading. The Technology Select Sector SPDR ETF (XLK) was up 0.21% while the Semiconductor Sector Index Fund (SOXX) was recently declining by 0.05%.