The Home Depot Inc. (HD) is the world’s largest home improvement specialty retailer. Shares of Home Depot outpaced the industry in the past three months. Home Depot has been witnessing significant benefits from the execution of th
Tech stocks were slightly higher Monday afternoon with the Technology Select Sector SPDR Fund (XLK) little changed and the Philadelphia Semiconductor index up 0.2%.
China ETFs bounced back last week on hopes of policy stimulus, both fiscal and monetary. Global hedge funds scooped up Chinese equities following the latest politburo meeting. Buying was at the fastest pace since October 2022, Gol
Monday, July 31, 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 Tesla, Inc. (TSLA), Comcast Corporation (CMCSA
Bolivia has the world’s largest reserves of lithium, the new ‘white gold’ Tesla (TSLA) and rivals such as General Motors (GM) or BMW (BMW) are rushing to procure to make increasingly-demanded electric vehicles (EVs).
The industrial sector has performed well this year, with the S&P 500 Industrial Index outperforming the S&P 500 Index. The S&P 500 Industrial Index generated returns of about 19.30% over the past year, whereas the broa
First Trust SkyBridge Crypto Industry & Digital Economy ETF CRPT, which provides exposure to the crypto industry and digital economy companies, has gained about 29.4%, becoming the second-best performing ETF of July.Bitcoin, t
For the quarter ended June 2023, Heartland Express (HTLD) reported revenue of $306.17 million, up 63% over the same period last year. EPS came in at $0.10, compared to $0.97 in the year-ago quarter.
Wall Street is poised to wrap up the month of July with strong gains buoyed by better-than-expected earnings, receding inflation pressure, rounds of upbeat economic data and hopes that the Fed's monetary policy tightening is comin
ON Semiconductor Corp. (ON) reported $2.09 billion in revenue for the quarter ended June 2023, representing a year-over-year increase of 0.5%. EPS of $1.33 for the same period compares to $1.34 a year ago.
For the quarter ended June 2023, CNA Financial (CNA) reported revenue of $2.93 billion, up 13% over the same period last year. EPS came in at $1.13, compared to $0.90 in the year-ago quarter.
Stock Yards Bancorp (SYBT) reported $84.16 million in revenue for the quarter ended June 2023, representing a year-over-year increase of 6.6%. EPS of $0.94 for the same period compares to $0.91 a year ago.
Arbor Realty Trust (ABR) reported $335.74 million in revenue for the quarter ended June 2023, representing a year-over-year increase of 66.8%. EPS of $0.57 for the same period compares to $0.52 a year ago.
For the quarter ended June 2023, Community Bank System (CBU) reported revenue of $176.34 million, up 5.4% over the same period last year. EPS came in at $0.91, compared to $0.85 in the year-ago quarter.
Technology stocks were gaining premarket Monday as the Technology Select Sector SPDR Fund (XLK) was up 0.2% and the SPDR S&P Semiconductor ETF (XSD) was 0.7% higher recently.
This is a challenging moment for our economy with lingering inflation, high interest rates, recovering supply chains, and an unpredictable stock market.