The honeymoon phase between investors and Unity Software (NYSE: U) is done and gone. After the first-quarter 2022 earnings update, shares have crashed over 80% from all-time highs and trade below where the stock made its debut in public trade in 2020. Q1 earnings were great, but
A bear market is cemented when an asset or index falls in value by 20% or more; by that definition, the Nasdaq-100 technology index is well and truly there with a loss of 27% from its all-time high. Some individual tech stocks are down significantly more than that, which can be i
Forever is a long time, and few companies have the business fundamentals to grow profitably for decades. It's an especially tough ask in the technology sector, where innovation is constantly nipping at your heels. Against the odds, some technology companies stand a reasonable sho
The S&P 500 tumbled on Friday, putting the widely followed benchmark on the verge of confirming it has been in a bear market since hitting a record high in January.
The benchmark S&P 500 index is trading down 20% from its Jan. 3 record close in volatile trading on Friday, as investors fretted over the impact of rising inflation on earnings and the fallout of interest rate hikes on economic growth.
What happened
Shares of Apple (NASDAQ: AAPL) rose in early trading today after Bloomberg reported yesterday that the company had shown a new augmented reality (AR) and virtual reality (VR) headset to its board members. But the early gains were quickly erased as investors grew in
U.S. stock indexes rose on Friday led by megacap growth and healthcare shares at the end of a volatile week, roiled by concerns over the impact of rising inflation on earnings and the fallout of rate hikes on economic growth.
Netflix NFLX recently launched a feature called Netflix Kids Mystery Box to help parents tap new content suggestions for their children. Similar to the Play Something feature for adult subscribers, the Mystery Box is a shuffle option, which offers a new title that young v
U.S. stocks gave up early gains in a volatile trading session to end lower on Thursday, as investors feared that the Fed’s aggressive stance to hike rates in order to fight surging inflation could push the economy into recession. This saw the S&P 500 inching closer to
Tesla (NASDAQ: TSLA) has taken the market by storm in just a few short years. The electric-vehicle (EV) stock is up nearly 2,000% in the last few years as the company went from a cash-burning niche player to the leader in the biggest transition in automobiles in a century.
EVs
For Immediate ReleaseChicago, IL – May 20, 2022 – 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 financial markets. Stocks recently featured in t
U.S. stock indexes were set for a higher open on Friday, with banks and megacap growth shares rising on the last day of a week that saw heightened volatility on concerns about the impact of higher inflation and subsequent rate hikes to tame it.
The NASDAQ 100 Pre-Market Indicator is up 154.42 to 12,030.05. The total Pre-Market volume is currently 24,736,462 shares traded.The following are the most active stocks for the pre-market session: ProShares UltraPro QQQ (TQQQ) is +1.25 at $28.83, with 3,987,900 shares traded. T
Volkswagen's supervisory board has called on management to present a reworked plan for the carmaker's software division, which forms the backbone of its strategy but has run into problems, two people familiar with the matter said.