Tech stocks were higher Friday afternoon, with the Technology Select Sector SPDR Fund (XLK) rising 1.2% and the Philadelphia Semiconductor index adding nearly 2%.
Although Wall Street has been kind to investors so far this year, rising caution from some market bears indicate a potential market crash. John Hussman, a well-known asset-bubble expert and long-time market bear, has issued a dire
The e-commerce platform eBay Inc. EBAY reported second-quarter 2023 non-GAAP earnings of $1.03 per share, which beat the Zacks Consensus Estimate by 4%. The bottom line increased by 5% year over year. Net revenues of $2.54 billion
The energy sector has been lagging this year due to a decline in oil prices. The two energy behemoths — Exxon Mobil Corp. XOM and Chevron Corp. CVX — reported weak profitability. The companies recorded nearly $14 billion combined
Capital One (COF) reported $9.01 billion in revenue for the quarter ended June 2023, representing a year-over-year increase of 9.5%. EPS of $3.52 for the same period compares to $4.96 a year ago.
Avantor, Inc. (AVTR) reported $1.74 billion in revenue for the quarter ended June 2023, representing a year-over-year decline of 8.7%. EPS of $0.28 for the same period compares to $0.37 a year ago.
For investors seeking momentum, BlackRock Short Maturity Bond ETF NEAR is probably on radar. The fund just hit a 52-week high and is up 1.6% from its 52-week low price of $48.99/share.But are more gains in store for this ETF? Let’
Intel INTC spread optimism following an earnings surprise in its second-quarter 2023 results after two consecutive quarters of record losses. The world’s largest chipmaker beat both the top and bottom lines and provided an upbeat
For Immediate ReleaseChicago, IL – July 28, 2023 – Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the finan
For Immediate ReleaseChicago, IL – July 28, 2023 – Today, Zacks Equity Research discusses América Móvil, S.A.B. de C.V. AMX, Orange S.A. ORAN and TIM S.A. TIMB.
For Immediate ReleaseChicago, IL – July 28, 2023 – Zacks Equity Research shares Dorian LPG as the Bull of the Day and Oxford Industries OXM as the Bear of the Day. In addition, Zacks Equity Research provides analysis on JPMorgan C
For the quarter ended June 2023, Civista Bancshares (CIVB) reported revenue of $40.49 million, up 35.4% over the same period last year. EPS came in at $0.64, compared to $0.53 in the year-ago quarter.
For the quarter ended June 2023, Franklin Resources (BEN) reported revenue of $1.97 billion, down 3.1% over the same period last year. EPS came in at $0.63, compared to $0.82 in the year-ago quarter.
The American economy surprisingly picked up steam in the second quarter, thanks to resilience among consumers and businesses in the face of high interest rates. This is especially true as the GDP grew 2.4% annually from 2% growth
For the quarter ended June 2023, Newmark Group (NMRK) reported revenue of $585.84 million, down 22.4% over the same period last year. EPS came in at $0.18, compared to $0.46 in the year-ago quarter.
For the quarter ended June 2023, Gentex (GNTX) reported revenue of $583.47 million, up 25.9% over the same period last year. EPS came in at $0.47, compared to $0.31 in the year-ago quarter.
For the quarter ended June 2023, First Hawaiian (FHB) reported revenue of $207.29 million, up 9.5% over the same period last year. EPS came in at $0.49, compared to $0.46 in the year-ago quarter.
For the quarter ended June 2023, CNH Industrial (CNHI) reported revenue of $6.57 billion, up 8% over the same period last year. EPS came in at $0.52, compared to $0.43 in the year-ago quarter.