After Apple’s AAPL market cap hit the $3 trillion mark on Jun 30, investment world got busy in finding the next joiner in that club. And Wedbush believes Microsoft MSFT is the likely member, as quoted on CNBC.
Tech stocks were advancing Thursday afternoon, with the Technology Select Sector SPDR Fund (XLK) rising 1.1% and the Philadelphia Semiconductor index adding 1.5%.
Thursday, July 13, 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 Broadcom Inc. (AVGO), Intuit Inc. (INTU) and
While many Wall Street analysts were expecting a soft landing in the U.S. economy hurt by high inflation and rates, the latest view is that “rolling recession’ is turning into ‘rolling expansion,’ per a top Wall Street economist,
For investors seeking momentum, ishares Self-Driving Ev and Tech ETF IDRV is probably on radar. The fund just hit a 52-week high and is up 38.79% from its 52-week low price of $31.86/share.
MUSQ launched its first-ever ETF named MUSQ Global Music Industry ETF MUSQ early this week. The fund offers a unique “pure play” exposure to the $26.6 billion global music industry. This is a pioneering move that promises to resh
Inflation in the United States cooled down for the 12th consecutive month in June. The Consumer Price Index rose 3% year over year, marking the lowest rate since early 2021, and 0.2% over the last month. Although inflation has dro
Cintas (CTAS) reported $2.28 billion in revenue for the quarter ended May 2023, representing a year-over-year increase of 10.1%. EPS of $3.33 for the same period compares to $2.81 a year ago.
When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but
PepsiCo (PEP) reported $22.32 billion in revenue for the quarter ended June 2023, representing a year-over-year increase of 10.4%. EPS of $2.09 for the same period compares to $1.86 a year ago.
When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but
The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings oft
The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings oft
The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings oft
For Immediate ReleaseChicago, IL – July 13, 2023– Zacks Director of Research Sheraz Mian says, "2023 Q2 earnings for the S&P 500 index are expected to decline -9.8% from the same period last year on -0.4% lower revenues, with
For Immediate ReleaseChicago, IL – July 13, 2023 – Zacks Equity Research shares Boise Cascade BCC as the Bull of the Day and Cross Country Healthcare CCRN as the Bear of the Day. In addition, Zacks Equity Research provides analysi
There is never a wrong time to invest in mutual funds for retirement. So, if you're still looking for the best mutual funds, the Zacks Mutual Fund Rank can be a great guide.
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