Tech recovered some of its recent losses on Friday, but the major indices still dropped for the week as the market just can’t relax while rates are on the rise. Nevertheless, stocks were still higher for February.This session looked a little like the good old days with the
The Nasdaq closed at all-time highs only two weeks ago, as Wall Street celebrated stronger-than-expected earnings results and the likelihood of more government spending. But things changed quickly. The tech-heavy index tumbled 3.5% during regular trading Thursday to extend a roug
Shares of Rocket Companies RKT were up as much as 20% in Friday trading after the tech-driven mortgage lender reported blowout results for Q4. RKT closed up 9.8%.
Technology stocks extended their afternoon rebound, with the SPDR Technology Select Sector ETF Friday rising 1.4% in late trade while the Philadelphia Semiconductor Index also was advancing 2.7%.In company news, Rekor Systems (REKR) turned higher this afternoon, rising 1%, after
Technology stocks turned higher this afternoon, with the SPDR Technology Select Sector ETF Friday rising 1.1% while the Philadelphia Semiconductor Index also was advancing 2.4%.In company news, Bandwidth (BAND) was 0.3% higher after reporting an adjusted Q4 profit of $0.13 per sh
It has been about a month since the last earnings report for Automatic Data Processing (ADP). Shares have added about 5.3% in that time frame, outperforming the S&P 500.
For Immediate ReleaseChicago, IL – February 26, 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