Roughly three decades ago, the advent of the internet completely changed the growth arc for corporate America. Since then, countless next-big-thing investments have come and gone with moderate success. However, the rise of artificial intelligence (AI) may be the first game-changi
The Nasdaq-100 measures the performance of the 100 largest companies on the Nasdaq Stock Exchange. The index is commonly viewed as a barometer for growth stocks. It soared 38% over the past year, led higher by Nvidia (NASDAQ: NVDA) and CrowdStrike (NASDAQ: CRWD). But Wall Street
The S&P 500 Index ($SPX ) (SPY ) Monday closed up +1.03%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed up +0.46%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up +1.13%. US stock indexes on Monday settled moderately higher, with the S&P 500 and Nasdaq...
Lawrence McDonald is a risk consultant, the founder of The Bear Traps Report, and the co-author of How to Listen When Markets Speak: Risks, Myths, and Investment Opportunities in a Radically Reshaped Economy.
Most of the big tech heavy hitters have already reported their quarterly results for the first quarter period including the Magnificent Seven outside of Nvidia NVDA.
Mettler-Toledo International, Inc. MTD is scheduled to report first-quarter 2024 results on May 9.For the first quarter, MTD expects sales to decline 4-6% in local currency from the year-ago quarter’s reported figure. The Zacks Co
Trimble TRMB delivered first-quarter 2024 non-GAAP earnings of 64 cents per share, which surpassed the Zacks Consensus Estimate by 8.47% but decreased 11.1% on a year-over-year basis.Revenues of $953.3 million beat the Zacks Conse
The S&P 500 Index ($SPX ) (SPY ) this morning is up +0.61%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +0.25%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.60%. US stock indexes this morning are moderately higher, with the S&P 500 and...
Toast TOST is set to release its first-quarter 2024 results on May 7.The Zacks Consensus Estimate for the top line is currently pegged at $1.03 billion, suggesting a 25.8% year-over-year growth.The consensus mark for loss is estim
Reddit RDDT is scheduled to report first-quarter 2024 results on May 7.The Zacks Consensus Estimate for first-quarter 2024 loss is pegged at $2.34 per share, unchanged in the past 30 days.The consensus mark for revenues is pegged
Shopify SHOP is scheduled to report its first-quarter 2024 results on May 8.For the to-be-reported quarter, Shopify expects revenue growth in the low twenties on a year-over-year basis. Adjusting for a 500-600 bps headwind related
DHI Group DHX is scheduled to report first-quarter 2024 results on May 8.The Zacks Consensus Estimate for first-quarter revenues is pegged at $35.97 million, indicating a 6.87% decline.The consensus estimate for earnings is pegged
Synchronoss Technologies SNCR is set to release its first-quarter 2024 results on May 7.The Zacks Consensus Estimate for the top line is currently pegged at $41.52 million, indicating a 28.05% decline from the year-ago quarter’s r
Unity Software U is set to report first-quarter 2024 results on May 9.The company expects first-quarter revenues between $415 million and $420 million, indicating a decline of 15-16% year over year. The Zacks Consensus Estimate is