For the quarter ended March 2024, Sonos (SONO) reported revenue of $252.66 million, down 16.9% over the same period last year. EPS came in at -$0.34, compared to -$0.24 in the year-ago quarter.
Adaptive Biotechnologies (ADPT) reported $41.87 million in revenue for the quarter ended March 2024, representing a year-over-year increase of 11.2%. EPS of -$0.33 for the same period compares to -$0.40 a year ago.
Tech stocks were declining late Tuesday afternoon with the Technology Select Sector SPDR Fund (XLK) down 0.2% and the SPDR S&P Semiconductor ETF (XSD) decreasing 0.1%.
(RTTNews) - Amazon.com's (AMZN) Amazon Web Services is planning to invest 12 billion Singapore dollars, equivalent to $9 billion, to develop Singapore's cloud computing infrastructure over the next four years.
(RTTNews) - Tesla, the popular electric vehicle manufacturer, has been in the news lately due to its recent wave of layoffs that has now extended into its fourth week.
(RTTNews) - The US Federal Aviation Administration (FAA) has opened an investigation into Boeing after the company disclosed that it may have failed to conduct mandatory inspections relating to the wings of specific 787 Dreamliner aircraft.
Tech stocks were higher Tuesday afternoon, with the Technology Select Sector SPDR Fund (XLK) increasing 0.2% and the SPDR S&P Semiconductor ETF (XSD) up 0.6%.
(RTTNews) - To enhance user experience, Apple (AAPL) has recently launched M4 chip for the all-new iPad Pro, and Logic Pro for iPad 2 and Logic Pro for Mac 11.
Despite concerns about inflation and the likelihood of interest rates remaining high for long, stocks have shown resilience in recent weeks. This resilience can largely be attributed to better-than-expected first-quarter earnings.
Wall Street was upbeat last week, with the S&P 500 adding 0.6%, the Dow Jones gaining 1.1% and the Nasdaq advancing 1.4%. The benchmark U.S. treasury yield started the week at 4.63%, hit a high of 4.69% and ended the week at 4
Did you analyze how F5 Networks (FFIV) fared in its international operations for the quarter ending March 2024? Given the widespread global presence of this computer networking company, scrutinizing the trends in international rev
Tuesday, May 7, 2024The Zacks Research Daily presents the best research output of our analyst team. Today's Research Daily features a real-time update on the Q1 earnings season, in addition to updated research reports on 16 major
Have you assessed how the international operations of Ametek (AME) performed in the quarter ended March 2024? For this maker of electronic instruments and electromechanical devices, possessing an expansive global footprint, parsin
The first-quarter results of the healthcare sector have been unimpressive, with earnings of 78% of the sector participants that have reported so far down 31.2% despite 4.4% revenue growth. The earnings beat ratio of 93.9% and the
Did you analyze how Sealed Air (SEE) fared in its international operations for the quarter ending March 2024? Given the widespread global presence of this packaging company, scrutinizing the trends in international revenues become
Did you analyze how Hologic (HOLX) fared in its international operations for the quarter ending March 2024? Given the widespread global presence of this medical device maker, scrutinizing the trends in international revenues becom
Expeditors International (EXPD) reported $2.21 billion in revenue for the quarter ended March 2024, representing a year-over-year decline of 14.9%. EPS of $1.17 for the same period compares to $1.45 a year ago.
Allegiant Travel (ALGT) reported $656.41 million in revenue for the quarter ended March 2024, representing a year-over-year increase of 1%. EPS of $0.57 for the same period compares to $3.04 a year ago.
Wall Street regained momentum in the recent sessions, driven by solid corporate earnings and renewed bets for Fed rate cuts. In fact, major indices have risen in the last three days, with the S&P 500 notching its best three-da