Nasdaq Technology

China’s tech investing backdrop continues to evolve, particularly in the realms of artificial intelligence (AI) and the electric vehicle (EV) sector. The past year has seen a significant shift in investor sentiment toward China's

For the quarter ended March 2024, Cardinal Health (CAH) reported revenue of $54.91 billion, up 8.8% over the same period last year. EPS came in at $2.08, compared to $1.74 in the year-ago quarter.

For the quarter ended March 2024, Southern Co. (SO) reported revenue of $6.65 billion, up 2.6% over the same period last year. EPS came in at $1.03, compared to $0.79 in the year-ago quarter.

For the quarter ended March 2024, IntercontinentalExchange (ICE) reported revenue of $2.29 billion, up 20.8% over the same period last year. EPS came in at $1.48, compared to $1.41 in the year-ago quarter.

Baxter International (BAX) reported $3.59 billion in revenue for the quarter ended March 2024, representing a year-over-year decline of 1.6%. EPS of $0.65 for the same period compares to $0.59 a year ago.

For the quarter ended March 2024, Dentsply International (XRAY) reported revenue of $953 million, down 2.6% over the same period last year. EPS came in at $0.42, compared to $0.39 in the year-ago quarter.

A month has gone by since the last earnings report for Dave & Buster's (PLAY). Shares have lost about 23.4% in that time frame, underperforming the S&P 500.

The semiconductor sector, which was riding high on AI optimism, faltered last month on growing concerns about the long-term demand outlook for semiconductors and weak demand from China. The series of weak earnings from AI players

Altice USA, Inc. (ATUS) reported $2.25 billion in revenue for the quarter ended March 2024, representing a year-over-year decline of 1.9%. EPS of -$0.05 for the same period compares to $0.06 a year ago.

For the quarter ended March 2024, Arrow Electronics (ARW) reported revenue of $6.92 billion, down 20.7% over the same period last year. EPS came in at $2.41, compared to $4.60 in the year-ago quarter.

Upbound Group (UPBD) reported $1.1 billion in revenue for the quarter ended March 2024, representing a year-over-year increase of 7.9%. EPS of $0.79 for the same period compares to $0.83 a year ago.

Here are five stocks added to the Zacks Rank #1 (Strong Buy) List today:

For Immediate ReleaseChicago, IL – May 2, 2024 – Stocks in this week’s article are GigaCloud Technology Inc. GCT, Dycom Industries Inc. DY, HNI Corp. HNI and Strategic Education, Inc. STRA.

For Immediate ReleaseChicago, IL – May 2, 2024 – Zacks Director of Research Sheraz Mian says, " Total earnings for the 310 S&P 500 members that have reported Q1 results are up +5.0% from the same period last year on +4.5% high

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