Nasdaq Technology

For Immediate ReleaseChicago, IL – January 17, 2024 – Today, Zacks Investment Ideas feature highlights Eli Lilly LLY and Novartis NVS

Progressing through this earnings season, several companies are standing out after widely surpassing earnings expectations.

For the quarter ended December 2023, Fulton Financial (FULT) reported revenue of $275.93 million, down 3% over the same period last year. EPS came in at $0.42, compared to $0.48 in the year-ago quarter.

WaFd (WAFD) reported $166.4 million in revenue for the quarter ended December 2023, representing a year-over-year decline of 15.5%. EPS of $0.85 for the same period compares to $1.16 a year ago.

For the quarter ended December 2023, Pinnacle Financial (PNFP) reported revenue of $396.34 million, down 1.4% over the same period last year. EPS came in at $1.68, compared to $1.76 in the year-ago quarter.

For the quarter ended December 2023, Interactive Brokers Group, Inc. (IBKR) reported revenue of $1.14 billion, up 16.7% over the same period last year. EPS came in at $1.52, compared to $1.30 in the year-ago quarter.

Progress Software (PRGS) reported $177.52 million in revenue for the quarter ended November 2023, representing a year-over-year increase of 11.5%. EPS of $1.02 for the same period compares to $1.12 a year ago.

For the quarter ended December 2023, Hancock Whitney (HWC) reported revenue of $308.41 million, down 17.2% over the same period last year. EPS came in at $1.26, compared to $1.65 in the year-ago quarter.

Strong cash flows reflect financial stability, allowing companies to pay down debt, pursue growth opportunities, and shell out dividend payments. These companies are also better equipped to weather an economic downturn, providing

Bitcoin has become a hot topic again for investors. Last week’s stamp of approval from the SEC for a slew of spot Bitcoin ETFs was one of the most widely anticipated events in the history of cryptocurrency. It brought with it a gr

Tech stocks were steady late Tuesday afternoon, with the Technology Select Sector SPDR Fund (XLK) little changed and the SPDR S&P Semiconductor ETF (XSD) edging down 0.1%.

With AI expected to add trillions of dollars to global economic growth by 2030, the question on everyone’s mind is how to deal with the uncertain supply of graphics processing unit (GPU) resources.

It’s been a wild few years. High inflation coupled with rapidly rising interest rates shook global markets, but we might be about to turn a corner.

Tuesday, January 16, 2024The Zacks Research Daily presents the best research output of our analyst team. Today's Research Daily features a real-time scorecard of the Q4 earnings season and new research reports on 16 major stocks,

Fourth quarter earnings season is here. The large banks have already reported earnings and now many of the regionals will follow. But this week, there’s more than just the banks reporting.

In October, regulators proposed banning exchange volume discounts for brokerages trading on behalf of customers — a reform SEC Chair Gary Gensler said would aid smaller brokers disadvantaged by higher trading fees.

In a landmark decision, the U.S. Securities and Exchange Commission finally approved 11 Bitcoin ETFs last week. The long-awaited decision led to increased institutional and retail investor participation in the cryptocurrency marke

Here are three stocks with buy ranks and strong growth characteristics for investors to consider today January 16th:

The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings oft

When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but