For investors looking to create life-changing wealth, often the best way to do so is through a simple buy-and-hold strategy. For example, if you invested $10,000 in Microsoft 10 years ago, you would now have over $97,000 -- almost a 10x return on your money. If you can find hig
Wild swings in stocks and a sharp run-up in government bond yields are putting the spotlight on next week’s U.S. inflation data, as investors brace for more volatility across assets.
Meta, formerly Facebook, lost $232 billion in value on Thursday in trading as the company reported a weaker-than-expected forecast for its revenue, marking the largest decline in a single day ever seen in the markets, reports CNBC. It comes at a time when the company has rebranded and staked its flag in the metaverse, an area [...] Read more at ETFtrends.com.
What happened
Nvidia (NASDAQ: NVDA) stock responded positively Friday, notching a 2.4% gain as of 3 p.m. ET after a note emerged from independent equity research firm New Street in the morning.
It was another tumultuous week on Wall Street, as the major indexes closed January with steep monthly losses. The first day of February saw the Dow Jones Industrial Average (DJIA), S&P 500 Index (SPX), and Nasdaq Composite (IXIC), all nab sizable wins, while the Cboe Market
Among the underlying components of the S&P 500 index, we saw noteworthy options trading volume today in NVIDIA Corp (Symbol: NVDA), where a total of 346,122 contracts have traded so far, representing approximately 34.6 million underlying shares. That amounts to about 64.5%
Wall Street has been on choppy ride since the start of 2022 due to rising rate worries. Higher inflationary expectations emanating from supply chain disruptions as well as higher crude prices should make Fed members comfortable with several rate hikes in the coming days w
Fortinet Inc. FTNT delivered fourth-quarter 2021 non-GAAP earnings per share (EPS) of $1.23, beating the Zacks Consensus Estimate of $1.14. The reported figure also improved significantly from the year-ago quarter’s earnings of $1.06 per share.
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the The Technology Select Sector SPDR— Fund (Symbol: XLK) where we have detected an approximate $174.9 million dollar outflow -- that's a 0.4% dec
For Immediate ReleaseChicago, IL – February 4, 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
Diverging earnings from megacap growth stocks are fueling wild swings in equities, opening the door for more volatility on the heels of last month’s sharp drop as investors grow more discerning in the names they pick.
Storm clouds hang over SoftBank Group Corp as it prepares to report third-quarter earnings on Tuesday, with the valuations of top portfolio companies slipping and heavyweights departing the Japanese technology conglomerate.
Are These Best Information Tech Stocks Worth Investing Today?In the current day and age we live in, information technology (IT) is one of, if not the most crucial areas of tech. As such, it would make sense then that IT stocks are, arguably, a noteworthy section of the stock
Thursday, February 3, 2022The 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 NVIDIA Corporation (NVDA), United Parcel Service, Inc. (UPS), and Intuit Inc. (INTU
What happened
It's Thursday, the Nasdaq Composite Index is plummeting -- now down 2.7% -- and it's taking the stock of Nvidia (NASDAQ: NVDA) along for the slide. Shares of the semiconductor giant were down 3.6% as of 1:10 p.m. ET today.
Arrow Electronics ARW reported impressive fourth-quarter 2021 results. The company’s adjusted earnings of $5.37 per share beat the Zacks Consensus Estimate of $4.42. The bottom line improved a whopping 69% on a year-over-year basis.
Check Point Software Technologies CHKP reported strong fourth-quarter 2021 results, wherein both the top and bottom lines not only surpassed the respective Zacks Consensus Estimate but also improved year over year.
Investors in NVIDIA Corp (Symbol: NVDA) saw new options become available today, for the March 25th expiration. At Stock Options Channel, our YieldBoost formula has looked up and down the NVDA options chain for the new March 25th contracts and identified one put and one call c