Technology firms were flat to higher pre-bell Thursday with the SPDR S&P Semiconductor (XSD) unchanged and the Technology Select Sector SPDR ETF (XLK) gaining more than 1%.
Nasdaq Tech spotlights Strate, a South African central securities depository. Strate’s CEO André Nortjé and Beverley Furman, Head of Operations and Change, discuss how the company is using blockchain technology to facilitate electronic voting.
The Medical Products companies, within the broader Medical sector, have come up with decent performances so far this earnings season despite the coronavirus crisis, which has disrupted manufacturing and supply chain worldwide.One of the primary reasons behind resilience of the m
Nvidia’s NVDA fourth quarter results impressed Wall Street back in February, with the GPU powerhouse once again showing its ability to expand its data center and cloud computing business. NVDA shares have surged nearly 30% in 2020, against the S&P 500’s 11% decline.
Note: The following is an excerpt from this week’s Earnings Trends report. You can access the full report that contains detailed historical actual and estimates for the current and following periods, please click here>>>
Prior to the outbreak of COVID-19, we had been living the bull market dream, with unemployment at a half-century low, equities consistently hitting new highs and an economy that had never been stronger. The pandemic obviously changed all that. But there is money to be made in th
Technology stocks continue to lead the Nasdaq Composite Index and the S&P 500 higher, with the SPDR Technology Select Sector ETF Wednesday advancing 1.5% while the Philadelphia Semiconductor Index was rising 1.9%.
Disney DIS is on the ropes, with its diverse entertainment portfolio getting crushed in March quarter earnings last night. Disney announced that COVID-19 cost the company $1.4 billion in operating income this past quarter, and it appears that the current quarter is only going to
Technology stocks were keeping the Nasdaq Composite Index on positive ground, with the SPDR Technology Select Sector ETF Wednesday advancing 1.4% while the Philadelphia Semiconductor Index was rising 2.0%.
So far, a handful of prime defense contractors have released their Q1 results. While jet giants, Lockheed LMT and Boeing BA reported better-than-expected quarterly bottom-line performance, other defense primes like General Dynamics GD and Northrop Grumman NOC missed the mark.
Consumer Staples sector players appear to be in decent shape this earnings season even as most sectors bear the brunt of coronavirus-related woes.While results of major companies like Estee Lauder EL and Tyson Foods were affected by coronavirus-led disruptions, players like Kr
Uber UBER is set to report its first quarter fiscal 2020 financial results after the market closes on Thursday, May 7, amid another busy week for corporate earnings. Wall Street and investors will be watching Uber closely for any updates on when its core ride-hailing business mi
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Food companies kept supply lines flowing during the coronavirus pandemic that started in the mid of March. Focus on innovation and reinvention of product mixes, around-the-clock shifts, improving delivery options and adopting safety measures are likely to have influenced the qua