Tech stocks were higher late Tuesday with the Technology Select Sector SPDR Fund (XLK) rising 1.6% and the Philadelphia Semiconductor index adding 0.4%.
Brian Bolan is the Aggressive Growth Stocks Strategist for Zacks Investment Research and he is driven to tell you about growth stocks. Today he has two new stocks to talk about.
For investors seeking momentum, GX Artificial Intelligence & Tech ETF AIQ is probably on radar. The fund just hit a 52-week high and is up 63.07% from its 52-week low price of $18.01/share.
It was only a few short weeks ago where Coinbase (COIN) was charged by the SEC for operating as an unregistered securities exchange, broker, and clearing agency.
Tech stocks were mixed Tuesday afternoon, with the Technology Select Sector SPDR Fund (XLK) rising 1.1% and the Philadelphia Semiconductor index falling 0.5%.
Wall Street was upbeat last week, with the S&P 500, the Dow Jones and the Nasdaq Composite gaining more than 2.4%, 2.3% and 3.3%, respectively. The rally was mainly driven by moderating U.S. inflation, which lessened the chanc
Tuesday, July 18, 2023The Zacks Research Daily presents the best research output of our analyst team. Today's Research Daily features a real-time update on the Q2 earnings season and new research reports on 16 major stocks, includ
Netflix NFLX is set to release second-quarter 2023 results on Jul 19 after market close. Being the world's largest video streaming company, it is worth taking a look at its fundamentals ahead of the results.Netflix shares rallied
Traditionally hardware-centric nexuses, Financial Market Infrastructures (FMIs) are increasingly deploying Software as a Service (SaaS) to increase flexibility while reducing time to market, cost, and risk.
The recessionary fears are ebbing in the United States. Goldman Sachs expects a 20% chance of a U.S. recession in the next 12 months, per a Yahoo Finance article. The firm had initially predicted a 25% probability of a recession,
Overall, ETFs pulled in $22.5 billion in capital last week, taking the year-to-date inflows to $252.3 billion. U.S. equity ETFs led the way higher with $9.6 billion in inflows, closely followed by $8.1 billion in U.S. fixed-income
For the quarter ended June 2023, Prologis (PLD) reported revenue of $1.65 billion, up 51% over the same period last year. EPS came in at $1.83, compared to $0.82 in the year-ago quarter.
If any AI becomes sentiment, then it opens up a whole slew of ethical, moral, legal and safety concerns, which as of now have been omitted from the discussion on AI innovations and investments.
Electric carmaker Tesla Motors TSLA is scheduled to report second-quarter 2023 results on Jul 19 after market close. Let’s take a closer look at its fundamentals ahead of the earnings release.Tesla stock has risen about 61% so far
For the quarter ended June 2023, The Charles Schwab Corporation (SCHW) reported revenue of $4.66 billion, down 8.6% over the same period last year. EPS came in at $0.75, compared to $0.97 in the year-ago quarter.
Mercantile Bank (MBWM) reported $55.2 million in revenue for the quarter ended June 2023, representing a year-over-year increase of 31.2%. EPS of $1.27 for the same period compares to $0.74 a year ago.
For the quarter ended June 2023, The Bank of New York Mellon Corporation (BK) reported revenue of $4.45 billion, up 4.7% over the same period last year. EPS came in at $1.38, compared to $1.15 in the year-ago quarter.
For the quarter ended June 2023, Novartis (NVS) reported revenue of $13.62 billion, up 6.6% over the same period last year. EPS came in at $1.83, compared to $1.56 in the year-ago quarter.
For the quarter ended June 2023, Bank of America (BAC) reported revenue of $25.2 billion, up 11.1% over the same period last year. EPS came in at $0.88, compared to $0.73 in the year-ago quarter.