Walmart (WMT) stock hit new highs on Wednesday, with the retail titan up 25% over the last 12 months to crush the S&P 500’s 7%, Amazon’s -3% decline, and Target’s 22% fall.
Brian Bolan is the aggressive growth stock strategist for Zacks Investment Research. He is back with two more names for your aggressive growth radar screen. His first stock is Amazon AMZN which just reported a solid quarter. Brian
Tech stocks were lower late Wednesday afternoon, with the Technology Select Sector SPDR Fund (XLK) decreasing 0.8% and the Philadelphia Semiconductor index falling 1.3%.
Upstart Holdings, Inc. (UPST) reported $135.77 million in revenue for the quarter ended June 2023, representing a year-over-year decline of 40.5%. EPS of $0.06 for the same period compares to $0.01 a year ago.
NVIDIA Corporation (NVDA) is the worldwide leader in visual computing technologies and the inventor of the graphic processing unit, or GPU. NVIDIA is gaining from strong growth of artificial intelligence, high-performance computin
Tech stocks were lower Wednesday afternoon with the Technology Select Sector SPDR Fund (XLK) decreasing 0.8% and the Philadelphia Semiconductor index falling 1.1%.
Defined outcome ETFs that allow investors to participate in the market's upside up to a cap while limiting losses if the market falls are one of the fastest-growing segments of the ETF market. They saw record inflows amid continue
The NVIDIA NVDA stock is a blockbuster this year as it has skyrocketed 212% courtesy of high hopes from artificial intelligence (AI). A surge in Hyperscale demand and a solid uptake of AI-based smart cockpit infotainment solutions
In the dynamic world of investing, strategies come and go, but one that has consistently proven its resilience is value investing. Value investing is a time-tested approach that involves seeking out stocks trading below their intr
Earnings season isn’t over just because most of the Magnificent 7 has reported. There are hundreds of companies still expected to report this week. We are starting to get some of the mid-cap and small-cap companies reporting. And
The worst-case consequences of last month’s Curve exchange hack seem to have been avoided, thanks to a series of side deals cut between the project’s debt-strapped founder and a handful of key crypto players.But the events still served as an indictment of the prevaili
The transportation sector has been performing remarkably well over the past few weeks on a resilient economy backed by solid consumer spending and lower unemployment. iShares U.S. Transportation ETF IYT, SPDR S&P Transportatio
Wednesday, August 9, 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 Microsoft Corporation (MSFT), Mastercard I
For the quarter ended June 2023, European Wax Center, Inc. (EWCZ) reported revenue of $59.09 million, up 10.7% over the same period last year. EPS came in at $0.08, compared to $0.20 in the year-ago quarter.
NRG Energy (NRG) reported $6.35 billion in revenue for the quarter ended June 2023, representing a year-over-year decline of 12.8%. EPS of $1.10 for the same period compares to $0.33 a year ago.
The Bureau of Labor Statistics projects that 136,400 accountants and auditors will be needed each year over the next decade in order to meet market demand.
After an astounding rally, Wall Street has been caught in feeble trading in the past week, triggered by the U.S. credit rating downgrade and now bank downgrades. Additionally, weak data from China and the United States added to th
Jack In The Box (JACK) reported $396.94 million in revenue for the quarter ended June 2023, representing a year-over-year decline of 0.3%. EPS of $1.45 for the same period compares to $1.38 a year ago.
In a surprising turn of events, the pharmaceutical giant Eli Lilly and Company LLY experienced its most significant surge in stock prices in over two decades following the release of an impressive second-quarter 2023 earnings repo
For the quarter ended June 2023, CAE (CAE) reported revenue of $785.03 million, up 7.3% over the same period last year. EPS came in at $0.18, compared to $0.05 in the year-ago quarter.