Call it the great cash out. Over just nine days in February, as Bloomberg reported on Feb. 20, Amazon.com (NASDAQ: AMZN) founder Jeff Bezos unloaded a total of 50 million shares of Amazon stock, netting $8.5 billion in proceeds -- nearly $1 billion per day of selling. Now inquiri
CrowdStrike Holdings, Inc. CRWD is slated to report fourth-quarter fiscal 2024 results on Mar 5. The cloud-based cybersecurity solution provider’s fourth-quarter performance is expected to have benefited from a positive demand env
MongoDB MDB is set to report fourth-quarter fiscal 2024 results on Mar 7.For fourth-quarter fiscal 2024, MongoDB expects revenues between $429 million and $433 million. The Zacks Consensus Estimate for revenues is currently pegged
Snowflake's (NYSE: SNOW) stock plunged 18% on Feb. 29 after the cloud-based data warehouse services provider followed up its strong earnings report with soft guidance and the abrupt resignation of its CEO, Frank Slootman.For the fourth quarter of fiscal 2024, which ended on Jan.
For Immediate ReleaseChicago, IL – March 4, 2024 – 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 finan
The artificial intelligence (AI) rush is seemingly tilted toward the big technology companies with the deep pockets to outspend everyone ... except one another. Thus, the race is on among them to establish themselves in this exciting new industry.
The Nasdaq (NASDAQINDEX: ^IXIC) already scored a win last year, with top chipmakers, cloud companies, and other tech giants leading it to a 43% gain. And the index continued that momentum this year, ending February at a record high. Investors have favored growth stocks in recent
British electricals retailer Currys said on Monday it would increase its minimum pay rate by 9.5%, in a move that reflects the rise in the government-mandated minimum wage.
Cathie Wood is the founder and chief investment officer at Ark Invest, an asset management company focused on disruptive innovation. Ark manages several thematic index funds built around burgeoning technologies like artificial intelligence (AI), but the firm continued to sell dow
Daniel Loeb is something of an iconic figure in the annals of Wall Street. The billionaire is CEO of Third Point, the hedge fund he founded in 1995. Loeb secured his place in investor history by starting Third Point with just $3 million in seed money -- collected from family and
Below is Validea's guru fundamental report for AMAZON.COM INC (AMZN). Of the 22 guru strategies we follow, AMZN rates highest using our P/B Growth Investor model based on the published strategy of Partha Mohanram. This growth model looks for low book-to-market stocks that exhibi
The "Magnificent Seven" is a term that CNBC's Jim Cramer coined to describe the leading stocks in today's market. They are:
Microsoft
Apple
Nvidia
Amazon (NASDAQ: AMZN)
Alphabet
Tesla
Meta Platforms
This group performed well since the calendar flipped to 2023, and some have cont
Often, investors focus too much on a stock's yield instead of the reasons behind the yield. In the case of Apple (NASDAQ: AAPL), its yield is low because its stock price has outpaced its dividend raises.
Tech stocks have skyrocketed since the start of last year. The Nasdaq-100 index rose 67% in 2023, massively improving on the 40% plunge it took the year before.
It is rare to find a company that has a dominant market-leading position in not one, but two completely separate industries, but Amazon.com (NASDAQ: AMZN) is in that category. Its e-commerce platform is larger than its next 10 competitors combined, and Amazon Web Services (AWS) h
Famed investor Warren Buffett isn't known as a technology guru; his reputation comes from opportunistically buying and holding longtime blue chip stocks in Berkshire Hathaway, his holding company, which is worth nearly a trillion dollars today.
The renowned brokerage firm weighed in on its top stock picks from the European market, which could offer investors better value than the outsized GRANOLAS group of equities at current levels.
Berkshire Hathaway CEO Warren Buffett has scored incredible investing wins over the years by picking great businesses with powerful competitive advantages. To put the Oracle of Omaha's track record in perspective, if you bought $1,000 worth of Berkshire shares when Buffett purcha