The Zacks Shoes and Retail Apparel Industry is down -14% year to date but may be poised for a rebound as we edge closer to this year's holiday shopping season.
Tech stocks edged higher late Thursday afternoon with the Technology Select Sector SPDR Fund (XLK) up 0.1% and the Philadelphia Semiconductor index gaining 0.4%.
Big banks will start releasing their quarterly numbers this week. Let’s delve into the earnings potential of the big six banking companies that could drive the performance of the sector ahead.
Tech stocks edged higher Thursday afternoon, paring earlier gains, with the Technology Select Sector SPDR Fund (XLK) little changed and the Philadelphia Semiconductor index up 0.3%.
A resurgence of optimism has been seen in the homebuilder's market this year with SPDR S&P Homebuilders ETF XHB and iShares US Home Construction ETF ITB adding more than 23% and 26% so far (as of Oct 2, 2023). These funds unde
A sudden spike in bond yields has been a major story in US markets lately. Yields on the 10-year Treasury note recently surged to the highest level since the financial crisis but have moderated somewhat since then due to safe-have
The Dow Jones Industrial Average Index has struggled over the past three months, shedding 1.6%. Worries over longer-than-expected higher interest rates and a weakening Chinese economy have weighed on investors’ sentiment. However,
Thursday, October 12, 2023The 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 Meta Platforms, Inc. (META), Eli Lilly an
The largest U.S. oil producer, Exxon Mobil Corp. XOM has agreed to acquire Pioneer Natural Resources PXD, a Texas-based hydrocarbon explorer and producer, in an all-stock deal valued at $59.5 billion or $253 per share.The deal, if
For the quarter ended September 2023, Delta Air Lines (DAL) reported revenue of $15.49 billion, up 10.8% over the same period last year. EPS came in at $2.03, compared to $1.51 in the year-ago quarter.
Domino's Pizza (DPZ) reported $1.03 billion in revenue for the quarter ended September 2023, representing a year-over-year decline of 3.9%. EPS of $4.18 for the same period compares to $2.79 a year ago.
Fastenal (FAST) reported $1.85 billion in revenue for the quarter ended September 2023, representing a year-over-year increase of 2.4%. EPS of $0.52 for the same period compares to $0.50 a year ago.
Have you been paying attention to shares of REV Group (REVG)? Shares have been on the move with the stock up 17.2% over the past month. The stock hit a new 52-week high of $16.49 in the previous session. REV Group has gained 29.9%
Technology stocks were mixed premarket Thursday as the Technology Select Sector SPDR Fund (XLK) was slightly declining and the SPDR S&P Semiconductor ETF (XSD) was 0.6% higher recently.
For Immediate ReleaseChicago, IL – October 12, 2023 – 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 fi
For Immediate ReleaseChicago, IL – October 12, 2023 – 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 fi
Gold has been subdued this year after a lackluster 2022. Higher rates and a strong U.S. dollar have faded the yellow metal’s allure. However, the latest Middle East conflict between Israel and Palestine boosted the safe-haven dema
For Immediate ReleaseChicago, IL – October 12, 2023 – 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 fi
For Immediate ReleaseChicago, IL – October 12, 2023 – 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 fi