Technology stocks added to their earlier gains, with the SPDR Technology Select Sector ETF (XLK) Thursday rising 0.6% although the Philadelphia Semiconductor Index continues to flounder, falling 0.9% this afternoon following a Morgan Stanley downgrade of Micron Technology (MU).
Alight ALIT released its first quarterly results as a public company, and it did not disappoint. Despite only growing its topline by 4% this past quarter, its operating income increased 211%, its cloud-based booking explode by 287%, and management raised full-year guidanc
The pandemic has triggered a race to introduce vaccines and treatment options, opening up investing opportunities in the biotech sector. Moreover, increasing mergers and acquisition (M&A) deals, growing AI dominance and favorable regulatory tidings continue to work in
The Dow Jones is at the new high thanks to the $1 trillion infrastructure bill passing the Senate on a bipartisan basis (the bill now needs to be passed in the House). The Democratic majority in the House should make it easier to pass compared to the 50/50 Senate.
Technology stocks were trending higher with the SPDR Technology Select Sector ETF (XLK) Thursday rising 0.3%, tthough the Philadelphia Semiconductor Index continues to flounder, falling 1.3% this afternoon following a Morgan Stanley downgrade of Micron Technology (MU).
Thursday, August 12, 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 Berkshire Hathaway Inc. (BRK.B), Cisco Systems, Inc. CSCO, and Novo Nordisk A/S NVO.
SonicShares recently announced the launch of SonicShares Global Shipping ETF BOAT. The timing of the launch of the fund seems quite apt as there is not much competition in the shipping ETF space and the sector is currently red-hot. Against this backdrop, below we highligh
A month has gone by since the last earnings report for JPMorgan Chase & Co. (JPM). Shares have added about 3.9% in that time frame, outperforming the S&P 500.
It has been about a month since the last earnings report for PepsiCo (PEP). Shares have added about 0.3% in that time frame, underperforming the S&P 500.
A month has gone by since the last earnings report for Goldman Sachs (GS). Shares have added about 10.6% in that time frame, outperforming the S&P 500.
A month has gone by since the last earnings report for Washington Federal (WAFD). Shares have added about 7.3% in that time frame, outperforming the S&P 500.
It has been about a month since the last earnings report for First Republic Bank (FRC). Shares have added about 3% in that time frame, outperforming the S&P 500.
It has been about a month since the last earnings report for Fastenal (FAST). Shares have added about 4.6% in that time frame, outperforming the S&P 500.
It has been about a month since the last earnings report for CONAGRA BRANDS (CAG). Shares have lost about 0.2% in that time frame, underperforming the S&P 500.
A month has gone by since the last earnings report for AngioDynamics (ANGO). Shares have added about 2.3% in that time frame, outperforming the S&P 500.
The biggest public pure-play cryptocurrency platform Coinbase Global’s COIN reported solid second-quarter earnings on Aug 10. It topped estimates on both earnings and revenues.Adjusted earnings per share came in at $6.42, well above the Zacks Consensus Estimate of $2.49.
Thanks to solid corporate earnings and a fresh large infrastructure bill, the Wall Street bulls are charging higher. The Q2 earnings season has been showing impressive momentum on the revenue side in terms of both growth and the beat percentages. In fact, the strength is
Checked
22 minutes 26 seconds ago
This feed is responsible for generating the rss feed related to the topic Technology