Technology stocks rallied for a second day with the broader market Thursday, with the Technology Select Sector SPDR ETF (XLK) up 1.5% while the Philadelphia Semiconductor Index advanced 1.4% ahead of the closing bell.
Transfix and special purpose acquisition company (SPAC), G Squared Ascend I GSQD, announced their intentions to merge in an investor conference call held Tuesday morning (9/21). The two companies laid out their plan to take this revolutionary freight technology company pu
Thursday, September 23, 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 The Walt Disney Company (DIS), Adobe Inc. (ADBE), and Wells Fargo & Company (
FAANG stocks — Facebook Inc. FB, Apple Inc. AAPL, Amazon.com Inc. AMZN, Netflix Inc. (NFLX) and Alphabet Inc.’s (GOOG, GOOGL) Google — along with Microsoft Corp. MSFT and Tesla Inc. TSLA take about 25% of the S&P 500. Many are now of the view that these seven behemoth
Technology stocks were higher Thursday with the SPDR Technology Select Sector ETF (XLK) rising 1.4% while the Philadelphia Semiconductor Index was also advancing 1.4% in the afternoon.
Federal Reserve Chair Jerome Powell said the central bank could start scaling back asset purchases as soon as November and finish the process by mid-2022. Several officials are even interested to hike interest rates next year.
A month has gone by since the last earnings report for Toll Brothers (TOL). Shares have lost about 5.1% in that time frame, underperforming the S&P 500.
A month has gone by since the last earnings report for Urban Outfitters (URBN). Shares have lost about 11.6% in that time frame, underperforming the S&P 500.
A month has gone by since the last earnings report for Advance Auto Parts (AAP). Shares have lost about 0.5% in that time frame, outperforming the S&P 500.
In the FOMC meeting that concluded on Sep 22, the Federal Reserve Chair Jerome Powell kept the interest rates near zero at 0-0.25% but signaled bond-buying tapering ahead followed by interest rate hikes as early as next year.The central bank is expected to begin scaling b
With only a few trading days left, September, known for being a weak month for stock markets, has turned out to be brutal given a myriad of woes. These include concerns over accelerating coronavirus infections, renewed inflation fears, signs of a slowdown in China, potent