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.
European stocks slid to a one-month low and commodity prices dropped on Monday on renewed concerns about rising interest rates and China's sputtering economy, while Wall Street shares rose, reversing losses after Twitter agreed to be bought by billionaire Elon Musk.
A Teamsters group, which represents roughly 7,000 Amazon.com Inc fulfillment center workers across Canada's Alberta and the Northwest Territories, has filed an application with the Labor Board to hold a vote for union representation.
U.S. equities followed up last week's losses with a comeback in this week's opening session, but the day's biggest news was a deal cementing an M&A Monday for the ages.
What happened
MercadoLibre (NASDAQ: MELI) shareholders beat the market on Monday as the stock gained 6% by 3 p.m. ET, compared to a slight drop in the S&P 500. The boost removed just a small piece of the e-commerce giant's recent losses. It remains in deeply negative territor
Wall Street was mixed Monday, with investors worrying about rising interest rates and China's COVID-19 outbreaks, while Twitter gained after agreeing to be bought by Elon Musk.
Wall Street was mixed Monday, with China's COVID-19 outbreaks spooking investors already worried about rising U.S. interest rate hikes, while some high-growth stocks rebounded from recent losses.
Monday, April 25, 2022 The Zacks Research Daily presents the best research output of our analyst team. Today's Research Daily features new research reports on 16 major stocks, including Alphabet Inc. (GOOGL), Amazon.com, Inc. (AMZN), and Chevron Corporation (CVX). These r
After a rocky week for U.S. stocks, a number of Wall Street strategists are pointing to reasons for further caution as investors face tightening monetary policy, corporate earnings, seasonal weakness and other factors that could spell more trouble for equities.
U.S. stock indexes fell on Monday, extending a sharp selloff from last week as fears over China's COVID-19 outbreaks spooked investors already worried about faster U.S. interest rate hikes denting economic growth.
Microsoft’s MSFT third-quarter fiscal 2022 results, scheduled to be reported on Ap 26, are likely to have been driven by the continued strength in its cloud platform — Azure. The platform has been benefiting from the pandemic-led digital transformation across the globe.Fo
Qualcomm Incorporated QCOM is set to report second-quarter fiscal 2022 results on Apr 27, after the closing bell. In the last reported quarter, the company delivered an earnings surprise of 7.3%. It pulled off a trailing four-quarter earnings surprise of 12.2%, on average
We are about to embark on the busiest week of Q1 earnings season yet, with some of the top household names — Microsoft (MSFT), Meta (nee Facebook) (FB) and Amazon (AMZN), among hundreds of others. We also expect to see a big load of economic data this week, which will hel