Technology stocks were moderately lower early Friday afternoon, with the Technology Sector SPDR ETF (XLK) slipping 0.3% while the Philadelphia Semiconductor Index dropped 0.9%.
The year 2021 has brought with it a rising rate trend in the United States (thanks to stimulus and vaccine distribution) and thus growth stocks have started to waver. Since tech stocks are high-growth in nature, the tech-heavy Nasdaq has suffered occasionally this year.
The largest U.S. health insurer UnitedHealth Group UNH reported better-than-expected second-quarter 2021 results, breezing past the Zacks Consensus Estimate for both earnings and revenues. The company also lifted full-year earnings outlook as the spread of Delta variant c
Square SQ is planning to launch new financial services products based on bitcoin. Per CEO Jack Dorsey’s recent tweets, quoted by Bloomberg, the company is contemplating on building an open platform which will help developers “create non-custodial, permissionless and decen
Amid the shortage of chips globally, the semiconductor industry has been heating up with the mergers and acquisitions wave. This is especially true as Intel INTC reportedly is in talks to acquire the specialist chip production company GlobalFoundries for $30 billion, per
The market remained mixed on Thursday as technology got shellacked but the Dow managed to keep grinding higher. Investors had to deal with more earnings reports, another testimony from the Fed Chair and the latest read on jobless claims.
The Dow continued to push thr
For Immediate ReleaseChicago, IL – July 16, 2021 – Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in
For Immediate ReleaseChicago, IL – July 16, 2021 – Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in
For Immediate ReleaseChicago, IL – July 16, 2021 – Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in
For Immediate ReleaseChicago, IL – July 16, 2021 – Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in
For Immediate ReleaseChicago, IL – July 16, 2021 – Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in
On the lookout for a Global - Equity fund? Starting with American Funds Cap World Growth & Income R3 (RWICX) should not be a possibility at this time. RWICX carries a Zacks Mutual Fund Rank of 4 (Sell), which is based on nine forecasting factors like size, cost, and p
Having trouble finding a Large Cap Growth fund? Well, BlackRock Exchange BlackRock (STSEX) would not be a good potential starting point right now. STSEX bears a Zacks Mutual Fund Rank of 4 (Sell), which is based on nine forecasting factors like size, cost, and past perfor