For Immediate ReleaseChicago, IL – February 10, 2022 – Zacks Director of Research Sheraz Mian says, "Despite the well-known headwinds of cost pressures and logistical bottlenecks, an above-average proportion of companies have been able to beat EPS and revenue estimates."
Futures tracking the S&P 500 and the Nasdaq slipped on Thursday after the indexes notched strong gains in the past two sessions, with investors awaiting U.S. inflation data that could trigger bets on quicker interest rate hikes.
Note: The following is an excerpt from this week’s Earnings Trends report. You can access the full report that contains detailed historical actual and estimates for the current and following periods, please click here>>>
Note: The following is an excerpt from this week’s Earnings Trends report. You can access the full report that contains detailed historical actual and estimates for the current and following periods, please click here>>>
World stocks rallied on Wednesday, with Wall Street rising again on a Big Tech boost and European shares gaining on strong earnings as investors put aside worries about rising interest rates for now.
It's been a tough time for many investors lately, and plenty are feeling the pain of beaten-down valuations in their stock portfolios. Could some of this be due to widespread overreaction in the stock market?
Wall Street jumped on Wednesday, closing sharply higher as megacap growth stocks powered up thanks to a pause in rising interest rates, and upbeat earnings reports also encouraged investors to buy.
Wall Street jumped on Wednesday, closing sharply higher as megacap growth stocks powered up thanks to a pause in rising interest rates, and upbeat earnings reports also encouraged investors to buy.
World stocks rallied on Wednesday, with Wall Street rising again on a Big Tech boost and European shares gaining on strong earnings as investors put aside worries about rising interest rates for now.
Sony said on Wednesday it has created an artificial intelligence agent called Gran Turismo Sophy (GT Sophy) that was able to beat world's best drivers of the PlayStation racing simulation game Gran Turismo.
Wall Street rallied on Wednesday, with megacap growth stocks powering higher thanks to a pause in rising interest rates, and upbeat earnings reports also encouraged investors to buy.
Wall Street's main indexes rallied on Wednesday, with high-growth stocks gaining as a recent rally in Treasury yields paused, while investors took comfort from upbeat earnings reports and signs of easing tensions in Ukraine.
Microsoft Corp on Wednesday announced a new set of principles for its app store, including open access to developers who meet privacy and security standards.
Major indexes have been on a roller coaster since the start of 2022 as investors are concerned about higher inflation, rising rates and the fast-spreading Omicron variant.
Microsoft announced on Wednesday that it would implement a new set of principles for its app store -- including open access to developers who meet privacy and security standards.
Wall Street's main indexes rose on Wednesday, with high-growth stocks gaining as a recent rally in Treasury yields paused, while investors took comfort from upbeat earnings reports and signs of easing tensions in Ukraine.
After a tumultuous January, the tech sector has started to show some positive momentum buoyed by bouts of strong quarterly earnings. Plus, rising rate worries have triggered a sell-off in the tech stocks, making them compelling bargain buys at the current levels.Given thi
U.S. stock index futures rose on Wednesday, with high-growth stocks gaining as a recent rally in Treasury yields paused, while investors took comfort from upbeat earnings reports and signs of easing tensions in Ukraine.
Before the tech-stock rout that kicked off 2022, shares of data analytics firm Splunk (NASDAQ: SPLK) were already battered by the departure of its CEO last November. The stock had reached a 52-week high of $176.66 just days before the CEO's departure was announced. Now shares are
U.S. stock index futures rose on Wednesday, with high-growth stocks gaining as a recent rally in Treasury yields paused, while investors took comfort from upbeat earnings reports and signs of easing tensions in Ukraine.