A spate of earnings reports in coming weeks is set to test a recent bounce in technology and other megacap stocks, a category whose leadership position in U.S. markets has faltered after last year’s deep selloff.
Two high-growth real estate stocks that are absolutely dominating their respective industries are Prologis (NYSE: PLD) and Blackstone (NYSE: BX). Both stocks have doubled investors' money over the last five years, and growth opportunities are nowhere near slowing.
Considering bo
The NASDAQ 100 After Hours Indicator is down -7.58 to 11,611.45. The total After hours volume is currently 112,295,490 shares traded.The following are the most active stocks for the after hours session: Weyerhaeuser Company (WY) is unchanged at $32.03, with 6,292,793 shares trad
U.S. stocks rallied to close higher on Friday, as the S&P 500 and Dow snapped a three-session losing streak and the Nasdaq rose more than 2%, as quarterly earnings helped lift Netflix, while Google parent Alphabet climbed after announcing job cuts.
U.S. stocks rallied to close higher on Friday, as the S&P 500 and Dow snapped a three-session losing streak and the Nasdaq
rose more than 2%, as quarterly earnings helped lift Netflix, while Google parent Alphabet climbed after announcing job cuts.
U.S. stocks rose on Friday, with the S&P 500 and Dow poised
to snap a three-session losing streak and the Nasdaq rose nearly
2%, as quarterly earnings helped lift Netflix, while Google
parent Alphabet climbed after announcing job cuts.
Netflix (NASDAQ: NFLX) stock jumped 7% after hours last night after the streaming leader posted strong subscriber growth in its fourth-quarter earnings report and offered encouraging guidance for 2023. The 7% gain also stayed in place in Friday's morning session.
Wall Street's main indexes rose on Friday after Netflix kicked off the earnings season for growth stocks on an upbeat note, while Google parent Alphabet gained on news of job cuts.
Microsoft’s MSFT second-quarter fiscal 2023 results, scheduled to be reported on Jan 24, are likely to be driven by the continued yet slow growth in its cloud platform, Azure.For the fiscal second quarter, Microsoft expects Intelligent Cloud revenues (Azure falls under th
What happened
Shares of Alphabet (NASDAQ: GOOGL) (NASDAQ: GOOG) were moving higher Friday morning after the company said it would cut 12,000 jobs, or roughly 6% of its workforce, in order to streamline the business and increase its focus on artificial intelligence.
NEW YORK (Reuters Breakingviews) - Alphabet’s plan to cut 12,000 jobs adds to the sense that U.S. technology firms are preparing for a more modest future. But it’s still grander than the not-so-distant past.
Netflix NFLX reported fourth-quarter 2022 earnings of 12 cents per share, missing the Zacks Consensus Estimate by 74.47%. The figure slumped 91% year over year.Revenues of $7.85 billion increased 1.9% year over year but lagged the consensus mark by 0.18%. On a foreign-exc
Online retailer Amazon.com Inc's cloud services division, Amazon Web Services, plans to invest $35 billion by 2040 to expand data centers in Virginia, Governor Glenn Youngkin announced on Friday.
Shares of U.S. grocers, packaged food companies and supermarkets were lagging in the first three weeks of 2023, in a sharp contrast to last year, as their high valuations and fading dividend appeal pushed investors to U.S. Treasuries.
The S&P 500 and the Nasdaq rose on Friday after Netflix kicked off the earnings season for growth stocks on an upbeat note, while Google parent Alphabet gained on news of job cuts.
Netflix Inc's steady stream of hit shows is helping it stand out in a crowded market while paving the way for double-digit revenue growth later this year, analysts said, after the firm topped estimates for subscriber additions.
Amazon (AMZN) has been one of the most searched-for stocks on Zacks.com lately. So, you might want to look at some of the facts that could shape the stock's performance in the near term.
Nasdaq futures rose on Friday, after Netflix kicked off the earnings season for the growth sector on a positive note, but worries about a U.S. recession kept a lid on sentiment.