Nvidia NVDA joined the trillion-dollar market capitalization club this morning, as its shares have surged more than 180% this year. Last week, analysts scrambled to raise their estimates for the company after its revenue guidance
Tuesday, May 30, 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), TotalEnergies SE (TTE) and
ServiceNow Inc. NOW provides cloud computing services that automate digital workflows to accelerate enterprise IT operations. ServiceNow shares have outperformed the industry in the year-to-date period. It has been benefiting from
When scouting for stocks, a standard metric that comes into focus is free cash flow. In its simplest form, free cash flow is the total cash a company keeps after operating costs and capital expenditures.
For investors seeking momentum, GX Artificial Intelligence & Tech ETF AIQis probably on radar. The fund just hit a 52-week high and is up 45.03% from its 52-week low price of $18.01/share.
Tech stocks were mixed to higher on Tuesday afternoon with the Technology Select Sector SPDR Fund (XLK) advancing 0.5%, paring earlier gains, and the Philadelphia Semiconductor index easing 0.1%, erasing an earlier advance.
As the month draws to a close, Wall Street as well as global markets appear ready to rally. The positive shift is primarily fueled by an agreement on debt ceiling and encouraging Q1 results, falling inflation and an AI frenzy.
Wall Street delivered a mixed performance last week, with the S&P 500 and the Nasdaq adding 0.3% and 2.5%, and the Dow Jones and the Russell 2000 losing about 1% and 0.04%, respectively. The tech-heavy Nasdaq surged due to the
The overall Q4 earnings picture for the retail sector seems good, but guidance is disappointing, spreading pessimism in the sector. VanEck Vectors Retail ETF RTH, Amplify Online Retail ETF IBUY, SPDR S&P Retail ETF XRT and Pro
The Spear Alpha ETF SPRX topped the list of the best-performing U.S. equity ETFs in May, gaining 28.3%. The rally was driven by the hype surrounding artificial intelligence (AI) and investors’ flight to mega-cap tech stocks, which
Blockchain technology has a significant carbon footprint due to its energy-intensive process of verifying transactions and creating new blocks on the blockchain.
Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts ofte
Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts ofte
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
Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts ofte