Tech stocks were losing ground Wednesday afternoon with the Technology Select Sector SPDR Fund (XLK) decreasing 0.9% and the SPDR S&P Semiconductor ETF (XSD) dropping 2.4%.
Bitcoin, the world's leading cryptocurrency, has made a triumphant return as 2024 commenced, breaking through the elusive $45,000 price barrier for the first time since April 2022, per a CNBC article. This remarkable resurgence co
Wednesday, January 3, 2024The 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 Amazon.com, Inc. (AMZN), Berkshire Hathaw
After a banner year, Wall Street kicked off 2024 on a downbeat note as big tech faltered and yield rose. This reflects investors’ concern about the skyrocketing market after a sharp rally over the past two months, thereby driving
Wall Street analysts expect Jefferies (JEF) to post quarterly earnings of $0.26 per share in its upcoming report, which indicates a year-over-year decline of 54.4%. Revenues are expected to be $1.18 billion, down 18.1% from the ye
After registering big annual gains in 2023, Wall Street is poised to gain from the historical trend of “January Effect.” While large caps tend to perform better, small-cap securities have historically proven their outperformance i
Tesla Inc. TSLA reported record deliveries for the fourth quarter and exceeded analysts’ estimates. The electric carmaker also met its full-year delivery target. This reflects a continuation of Tesla's strong growth trajectory in
Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts ofte
Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts ofte
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
Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts ofte
For the quarter ended November 2023, UniFirst (UNF) reported revenue of $593.53 million, up 9.6% over the same period last year. EPS came in at $2.26, compared to $2.21 in the year-ago quarter.
Have you been paying attention to shares of General Dynamics (GD)? Shares have been on the move with the stock up 3.1% over the past month. The stock hit a new 52-week high of $261.14 in the previous session. General Dynamics has
Have you been paying attention to shares of Crawford & Company B (CRD.B)? Shares have been on the move with the stock up 19.4% over the past month. The stock hit a new 52-week high of $13.51 in the previous session. Crawford &
Have you been paying attention to shares of Brady (BRC)? Shares have been on the move with the stock up 7.2% over the past month. The stock hit a new 52-week high of $61.62 in the previous session. Brady has gained 4.4% since the
Mutual Fund Equity Report fund seekers should not consider taking a look at Artisan International Fund Investor (ARTIX) at this time. ARTIX bears a Zacks Mutual Fund Rank of 5 (Strong Sell), which is based on various forecasting f