A few big components of the Dow Jones will start releasing their quarterly numbers this week. The outlook is pretty bullish this time thanks to economic improvement and broad-based positive sentiments regarding earnings. Let’s delve into the earnings potential of the big
Tesla Motors TSLA joined an exclusive club of mega-cap technology companies, which includes Apple AAPL, Amazon.com AMZN, Microsoft MSFT and Alphabet GOOGL, after crossing the trillion-dollar in market capitalization for the first time. The stock jumped nearly 10% to reach
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After the closing bell on Oct 25, Facebook FB delivered mixed third-quarter 2021 results wherein it beat earnings estimates but lagged on revenues.Adjusted earnings per share came in at $3.22, well above the Zacks Consensus Estimate of $3.20 and up 19% from the year-ago e
We are in the peak earnings season and the tech giants are in the spotlight this week. The five biggest technology stocks have witnessed mixed performances over the past three months with Alphabet GOOGL and Microsoft MSFT riding high, while Amazon AMZN and Facebook FB are
For investors seeking momentum, Schwab U.S. Large-Cap Growth ETF SCHG is probably on radar. The fund just hit a 52-week high and is up roughly 42.7% from its 52-week low price of $110.76/share.But are more gains in store for this ETF? Let’s take a quick look at the fund a
Here we go! Perhaps the most important week of earnings season began today with stocks still making gains and setting records. Now we prepare for reports from the biggest tech names on the planet while looking to close out a very strong October.
The S&P rose 0.47%
Interest rates remain historically low even though U.S. Treasury yields have climbed recently and are well above their early covid levels. The yield environment will likely continue to favor stocks for the foreseeable future even when the Fed starts to taper and lift its
Pfizer Inc. PFE and BioNTech SE BNTX recently announced encouraging data from a Phase 3 randomized, controlled trial studying the efficiency and safety levels of a 30-µg booster dose of their COVID-19 vaccine. The trial included more than 10,000 participants of age 16 yea
Technology stocks were set to close moderately higher, with the SPDR Technology Select Sector ETF (XLK) Monday rising 0.4% while the Philadelphia Semiconductor Index was advancing 0.8% late in the afternoon.
EV maker Tesla TSLA has evolved into a dynamic technology innovator.Tesla is the market leader in battery-powered electric car sales in the United States, owning around 60% of market share. Shares of Tesla have outperformed the industry over the past year. The electric ve
Wall Street has had a volatile but impressive run so far in October. All the broader market indices are in the green territory for the month. The Dow Jones Industrial Average and the S&P 500 indices have gained 5% in the month. The tech-heavy Nasdaq Composite is also