For Immediate ReleaseChicago, IL – August 15, 2023 – Zacks Equity Research shares Eaton Corporation ETN as the Bull of the Day and Scotts Miracle-Gro Company SMG as the Bear of the Day. In addition, Zacks Equity Research provides
Earnings season is now winding down. Over 90% of the S&P 500 has reported but that doesn’t mean it’s over. You know what happens at the end of earnings season: the retailers. And this earnings season is no different.
Coinbase (COIN) is the largest U.S. cryptocurrency exchange, trading some 50 different digital assets.Coinbase allows users to buy, sell, and trade various cryptocurrencies. COIN offers financial infrastructure and technology to s
Tech stocks were higher late Monday afternoon with the Technology Select Sector SPDR Fund (XLK) adding 1.3% and the Philadelphia Semiconductor index advancing 2.5%.
Tech stocks were higher Monday afternoon, with the Technology Select Sector SPDR Fund (XLK) adding 1.2% and the Philadelphia Semiconductor index advancing 2.2%.
On Aug 7, credit ratings of several small to mid-sized U.S. banks were slashed by Moody’s due to prevailing funding risks and profitability struggles faced by banks. The rating agency indicated potential downgrades in the credit s
The Zacks REIT and Equity Trust Industry has reported subpar earnings for second-quarter 2023. Among the 29 companies that have reported so far, 45% failed to beat the Zacks Consensus Estimate. However, the industry has added 4.32
The Nasdaq Composite Index — the star performer of this year with a 30.4% gain — was off 1.9% last week. With this, the index slumped for two weeks in a row for the first time in 2023. Invesco QQQ Trust QQQ lost 1.5% last week. Th
Monday, August 14, 2023The Zacks Research Daily presents the best research output of our analyst team. Today's Research Daily features new research reports on 12 major stocks, including Meta Platforms, Inc. (META), Costco Wholesal
Wall Street delivered a mixed performance last week. The S&P 500 lost 0.3% last week while the Dow Jones added 0.6%, the Nasdaq slumped 1.9% and the Russell 2000 slumped 1.7%. The slump was led by the increase in bond yields a
Wall Street wrapped up the last week with mixed performances. The Dow Jones industrial Average inched up 0.3% while the other two benchmarks fell. The S&P 500 Index slid 0.3% — its second consecutive week of decline — while th
The vacation rental marketplace, a cornerstone of the travel sector, grapples with a persistent and understated issue – a strikingly high vacancy rate.
The retail sector is in focus ahead of the earnings releases from big retailers. Big-box retailers like Wal-Mart (WMT), Home Depot HD, Lowe’s LOW and Target TGT, as well as store channels like Nordstrom (JWN) and Kohls KSS are exp
The metaverse, often described as a collective, virtual shared space created by converging virtually-augmented physical realities, represents an uncharted frontier teeming with infinite possibilities.
Technology stocks were gaining premarket Monday with the Technology Select Sector SPDR Fund (XLK) recently up 0.1% and the SPDR S&P Semiconductor ETF (XSD) advancing by 0.7%.