An unexpected fall in U.K. inflation levels led investors to increase their bets that the Bank of England (BOE) might keep its interest rate unchanged. According to Reuters, official data revealed that inflation in the country fel
Wall Street is focused on the Fed and Jay Powell’s speech on Wednesday, with the next several days likely to be spent parsing his every word and digging into the central bank’s updated dot plot.
With approximately 400,000 active members across the United States, Canada, and Puerto Rico, United Auto Worker’s (UAW) strike against the largest automotive manufacturers in the United States, the “Detroit Three”, has the potenti
Tech stocks were lower late Wednesday afternoon with the Technology Select Sector SPDR Fund (XLK) and the Philadelphia Semiconductor index each down 1.4%.
Tech stocks were lower Wednesday afternoon, with the Technology Select Sector SPDR Fund (XLK) decreasing 0.2% and the Philadelphia Semiconductor index shedding 0.2%.
An investment conference in Kenya kicked off with a beautiful wish by an African cabinet minister: “I wish I could wake up in the morning and press a ‘magic button’ to merge all of Africa’s 42 currencies into one.”
Japan ETFs have stayed steady in the past one month (as of Sep 18, 2023). iShares MSCI Japan Value ETF EWJV has been the winner with 7.7% returns followed by WisdomTree Japan Hedged Equity Fund DXJ (up 7.2%), First Trust Japan Alp
Crypto is on the verge of spawning a new investable asset class globally. And then it will slowly change how just about everything on the internet works.With the birth of a new asset class will come new business model analysis. New KPIs, metrics, and benchmarks as valuation crite
It has been about a month since the last earnings report for Nordson (NDSN). Shares have lost about 2.1% in that time frame, underperforming the S&P 500.
A month has gone by since the last earnings report for Zoom Video Communications (ZM). Shares have added about 5.3% in that time frame, outperforming the S&P 500.
Defiance ETFs, known for their thematic ETFs, launched the novel The Defiance Nasdaq-100 Enhanced Option Income ETF QQQY last week. It has accumulated nearly $5 million in AUM within a week of its debut.Touted as a revolutionary s
Wednesday, September 20, 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 Apple Inc. (AAPL), Bank of America Cor
After wrapping up the first half with big gains, Wall Street has been caught in tumultuous trading lately. A combination of factors like expectations of higher rates for a longer period and a slowdown in the Chinese economy is act
For investors seeking momentum, iShares Global Energy ETF IXC is probably on radar. The fund just hit a 52-week high and is up 31% from its 52-week low price of $31.91/share.But are more gains in store for this ETF? Let’s take a q
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
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
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