Nasdaq AMZN Amazon

Note: The following is an excerpt from this week’s Earnings Trends report. You can access the full report that contains detailed historical actual and estimates for the current and following periods, please click here>>>

Note: The following is an excerpt from this week’s Earnings Trends report. You can access the full report that contains detailed historical actual and estimates for the current and following periods, please click here>>>

Uruguayan fintech Dlocal on Wednesday posted a 35% year-on-year jump in its first-quarter profit, landing at $35.5 million amid a strong boost in payments volumes.

There are hundreds or thousands of famous names for stock investors to choose from, but what if you could get immediate exposure to 500 top U.S. stocks? It's possible with the SPDR S&P 500 ETF Trust ( NYSEARCA:SPY) , and you can own this fund without paying hefty fees. I'm bullish on the SPY ETF because it has an excellent track record of providing returns to shareholders over the long term. SPY stock is provided and managed by State Street ( NYSE:STT ), and it's designed to track (i.e., closely follow) the S&P 500 ( SPX ) index. It's been around since 1993, which makes SPY the first publicly-listed U.S. exchange-traded fund (ETF). Believe it or not, the SPY ETF represents over $380 billion worth of assets under management (AUM). Of course, being the first and biggest doesn't necessarily make SPY the best U.S. ETF. So, let's see what else sets SPY apart from lesser entrants in the ETF space. Instant Diversification is Easy with the SPY ETF If you don't have the desire or the know-how to pick individual stocks, you can simply let the SPY ETF's fund managers do the legwork on your behalf. This fund provides immediate and convenient diversification for your portfolio, and SPY can be bought and sold within many types of investment accounts, including some retirement accounts. Like the S&P 500 itself, the SPY ETF represents a basket of 500 companies across a broad range of market sectors, from information technology to health care, to consumer discretionary, financials, and more. Be aware, though, that not all of these categories are represented equally; this is a weighted index fund, meaning some sectors and companies have more influence than others do in the SPY ETF. Notably, the information technology sector comprises around 26% of the weight of the SPY ETF. So, if you're going to buy and hold SPY, you'll definitely want to be bullish on technology names like Apple ( NASDAQ:AAPL ), which has a 7.14% weighting in SPY; Microsoft ( NASDAQ:MSFT ), which has a 6.25% weighting; and Amazon ( NASDAQ:AMZN ), which has a 2.68% weighting in the fund. SPY is a Historical Winner with Low Fees While having a mix of 500 stocks helps to reduce the volatility of the SPY ETF, there will still be ups and downs. Yet, if you check the long-term chart of SPY, you'll find that historically, it has always recovered from its downturns (though we should bear in mind that past performance doesn't guarantee future results). Also, the SPY ETF pays a 1.56% annual dividend yield, so that should enhance investors' returns over the long run. The dividend payments are issued on a quarterly basis, and some shareholders like to reinvest the dividends into more SPY shares in order to achieve a compounding effect. Here's my favorite feature of the SPY ETF, though -- the rock-bottom fees. Believe it or not, SPY's annual gross expense ratio is just 0.09%. In other words, the SPY ETF's investors pay less than 1/10 of a percent per year for all of the fund managers' hard work and due diligence -- not a bad deal, wouldn't you agree? Is SPY Stock a Buy, According to Analysts? On TipRanks, SPY earns a Moderate Buy consensus rating based on the ratings of 6,168 analysts. 59% of ratings are Buys, while 35.51% are Holds and just 5.5% are Sells. The average SPY stock price target of $469.96 implies 13.2% upside potential. Conclusion: Should You Consider SPY ETF? If you'd rather let someone else handle the business of picking large-cap U.S. stocks on your behalf, the SPY ETF is definitely worth considering. With SPY, you can get fast exposure to a broad range of well-known businesses. Plus, investors can collect dividend payouts every quarter. So, as long as you don't mind giving extra weight to tech names in your portfolio, the SPY ETF is a great way to delve into the wide world of American stocks. Disclosure

(RTTNews) - Amazon (AMZN) Wednesday launched a new lineup of Echo products-- Echo Pop, Echo Show 5, Echo Show 5 Kids, and Echo Buds.

Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Microsoft Corporation (Symbol: MSFT), where a total volume of 329,995 contracts has been traded thus far today, a contract volume which is representative of app

As Warren Buffett warns, “Only when the tide goes out do you learn who has been swimming naked.” The recent regional banking crisis is a prime example of this phenomenon. Banks such as Silicon Valley Bank, Signature Bank of New York, and Credit Suisse went under or were p

Meta Platforms Inc is set to face a record European Union privacy fine related to data transfer of Facebook's EU users to U.S. servers for failing to comply with a warning by a top EU court, two sources familiar with the matter said.

Oracle ORCL has received approval from FedRAMP for an expanded list of Oracle Cloud Infrastructure (“OCI”) services, making more cloud services available to customers in defence, civilian and intelligence community.The approved additional services include: Java Management

Note: Walmart’s FY’2023 ended in January 2023.

Big tech companies accounting for more than 5% of a telecoms provider's peak average internet traffic should help fund the rollout of 5G and broadband across Europe, according to a draft proposal by the telecoms industry.

Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the Invesco NASDAQ 100 ETF (Symbol: QQQM) where we have detected an approximate $129.2 million dollar inflow -- that's a 1.4% increase week over week in

Technology companies which account for more than 5% of a telecoms provider's peak average internet traffic should help pay for the rollout of 5G and broadband across Europe, according to a draft proposal by the telecoms industry.

Billionaire investor Bill Ackman recently bought stock in Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL) for his hedge fund Pershing Square Capital Management. He started the position during the first quarter, but news of the purchase only surfaced this week, days after Alphabet introdu

Companies across industries are using artificial Intelligence (AI). And that has people thinking about what AI means for the future of many professions. Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL), the parent company of Google, is no stranger to AI. The company uses AI throughout its

Technology companies which account for more than 5% of a telecoms provider's peak average internet traffic should help pay for the rollout of 5G and broadband across Europe, according to a draft proposal by the telecoms industry.

The S&P 500 goes up more often than it goes down. Since its inception in 1957, the index has declined in 18 calendar years, but it has increased in 47 calendar years. It was also flat once. Another noteworthy statistic is that the S&P 500 tends to rebound following a down

Debt-ridden Future Retail Ltd said on Wednesday it had received bids from six applicants in its insolvency resolution process.

The past year or so has been a tough time to be an Amazon (NASDAQ: AMZN) shareholder. After the stock peaked at the height of the pandemic, tough economic conditions have weighed on it, as consumer spending was hampered by high inflation and rising interest rates. This has result

Amazon's (NASDAQ: AMZN) stock price is quietly up more than 30% so far in 2023, and more gains appear likely. Here's why the cloud and e-commerce juggernaut's recent bull run is set to continue -- and perhaps even intensify.