Wall Street tumbled on Tuesday, led lower by the Nasdaq as investors worried about slowing global growth and a more aggressive Federal Reserve, and with quarterly reports from Alphabet and Microsoft on tap after the bell.
Tech stocks have been experiencing a rough stretch in the market year-to-date, with the tech-heavy Nasdaq retreating nearly 20% since the beginning of 2022. With the Fed increasing borrowing rates, investors’ sentiment towards these high-flying tech stocks has significant
What happened
It's another bad day for the broad market, but it's an even worse day for Amazon (NASDAQ: AMZN) investors. Shares of the e-commerce giant were down to the tune of 4.1% as of 1:21 p.m. ET Tuesday, according to data from S&P Global Market Intelligence, seemingly i
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the iShares MSCI World ETF (Symbol: URTH) where we have detected an approximate $109.1 million dollar inflow -- that's a 5.6% increase week over week in
Amazon AMZN is scheduled to report first-quarter 2022 results on Apr 28.For the first quarter, the company expects net sales between $112 billion and $117 billion. The figure is anticipated to improve 3-8% on a year-over-year basis.The Zacks Consensus Estimate for net sal
Whether it's sports or stocks, coming through when it matters most is a highly sought-after quality. In sports, clutch performers have good or even better stats when the chips are down, and they're known to come up big during crunch time. In the stock market, this performance und
Qualcomm Incorporated QCOM is scheduled to report second-quarter fiscal 2022 results on Apr 27, after the closing bell. In the fiscal second quarter, Qualcomm Technology Licensing (“QTL”) segment is likely to have recorded a year-over-year decline in revenues owing to a c
Qualcomm Incorporated QCOM is scheduled to report second-quarter fiscal 2022 results on Apr 27, after the closing bell. In the fiscal second quarter, its Qualcomm CDMA Technologies (“QCT”) segment is likely to have witnessed solid revenue growth owing to a ramp-up in 5G-e
Believe it or not, Tesla (NASDAQ: TSLA) has been making electric cars for 10 years now. The electric vehicle (EV) trailblazer produced 2,600 vehicles in 2012, and its stock has returned more than 15,000% since then. Of course, it wasn't always smooth sailing, and the company flir
British satellite company Inmarsat warned on Tuesday of dangerous levels of space debris from satellite constellations planned by Elon Musk's Starlink, Amazon, Chinese operators and others.
Big tech and other growth companies have suffered lately owing to a string of future interest rate hikes and uneasiness surrounding Russia and Ukraine. Consequently, some of the world's prominent companies are lagging behind the S&P 500 in recent times. One those companies, A
This is a huge week for earnings season, with tons of well-known companies reporting earnings. With no shortage of companies to check on, here's a narrow list of three top stocks that will probably include some particularly interesting numbers in their updates: online search gian
Italy's Salvatore Ferragamo and Amazon said on Tuesday Chinese authorities had seized counterfeit products in the Zheijang province, following a global investigation in which the luxury group and the online retailer cooperated.
Year to date, the S&P 500 has fallen by more than 11% as stock traders weigh multiple concerns, including potential slowing economies in the U.S. and elsewhere, elevated gas prices, and rising interest rates needed to tame elevated inflation. The down market is creating oppor
For Immediate ReleaseChicago, IL – April 26, 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
Designed to provide broad exposure to the Large Cap Growth segment of the US equity market, the Invesco NASDAQ 100 ETF (QQQM) is a passively managed exchange traded fund launched on 10/13/2020.
When Netflix (NASDAQ: NFLX) reported earnings last week, it reverberated through a significant slice of the investing world. Investors have been looking for signs of a recession. And they saw the company's subscriber miss as a potential canary in the coal mine.
Indian tycoon Mukesh Ambani is betting a shopping palace within a $1 billion Mumbai business showcase will tap into surging demand for Western luxury goods, installing his Reliance empire as a portal through which most of the biggest brands must pass.
What happened
Teladoc Health (NYSE: TDOC) was the picture of health for a stock on Monday. The bellwether telehealth company's shares closed the day nearly 4% higher, well ahead of the 0.6% rise of the S&P 500 index. A smart executive appointment was a key reason for that pop
Earnings season continues this week, with a fresh new batch of companies reporting their long-awaited quarterly results. This week, we have a few big tech names such as Apple AAPL and Microsoft MSFT on deck.