The broad market indices, S&P 500 and Dow Jones Industrial Average, continued to decline with losses of about 1.1% each on Aug 18. The major reason behind the downside is stemming from speculations surrounding the chances of Fed tapering the fiscal stimulus support an
Technology stocks eased slightly from their best levels of Thursday trading this afternoon, with the SPDR Technology Select Sector ETF (XLK) rising 1.0% in late trade while the Philadelphia Semiconductor Index was 0.9% higher.
The latest update on U.S. industrial output looks decent despite the increasing new COVID-19 cases from the highly contagious delta variant. Per the Fed’s recently-released data, total industrial production rose 0.9% in July against an increase of 0.2% in June. There was
Alibaba BABA and the rest of Chinese tech have fallen out of market favor with Xi and his increasingly authoritarian communist regime, driving a tidal wave of new regulation washing out trillions in market value. Now I see a short-term swing trade opportunity in a stock t
Technology stocks were advancing this afternoon, with the SPDR Technology Select Sector ETF (XLK) Thursday rising 1.1% while the Philadelphia Semiconductor Index was 1.0% higher.
As businesses transitioned to remote work amid the COVID-19 pandemic, ransomware attacks became a key issue that business leaders were forced to increasingly prioritize.
Thursday, August 19, 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 Chevron Corporation (CVX), T-Mobile US, Inc. (TMUS), and American Express Company (A
Wall Street has rallied hard this year on vaccine distribution, a prolonged period of easy money policy and fiscal stimulus. Stronger-than-expected earnings are the major catalysts at present. The Q2 earnings picture has been robust, with aggregate total quarterly earning
Tech prime Cisco Systems CSCO failed to cheer investors following fourth-quarter fiscal 2021 results. Though the networking giant beat on both earnings and revenues, it offered downbeat revenue guidance for the ongoing quarter.Earnings of 84 cents per share outpaced the Z
A month has gone by since the last earnings report for United Airlines (UAL). Shares have lost about 6.4% in that time frame, underperforming the S&P 500.
It has been about a month since the last earnings report for Synchrony (SYF). Shares have added about 6% in that time frame, outperforming the S&P 500.
It has been about a month since the last earnings report for Synovus Financial (SNV). Shares have added about 0.9% in that time frame, underperforming the S&P 500.
The stock trading app Robinhood Markets Inc. HOOD reported its first quarterly report after going public last month, wherein it reported a huge loss for the second quarter. It incurred net loss of $2.16 per share against earnings of 9 cents in the year-ago quarter. A big