Nasdaq Technology

This week’s earnings lineup is headlined by quarterly results from big tech giants with Alphabet GOOGL and Microsoft MSFT already reporting after market hours on Tuesday.

Relative strength focuses on stocks that have performed well compared to the market or another relevant benchmark.

Tech stocks fell late Wednesday afternoon with the Technology Select Sector SPDR Fund (XLK) and the SPDR S&P Semiconductor ETF (XSD) both down 2%.

Automation and integration Technologies Will Play an Increasingly Crucial Role in User Organizations’ IT Strategy

Tech stocks were lower Wednesday afternoon, with the Technology Select Sector SPDR Fund (XLK) falling 1.2% and the SPDR S&P Semiconductor ETF (XSD) down 0.8%.

Any cybersecurity forecast comes with a caveat: In the cat-and-mouse game of cyber offense and defense, it’s impossible to see around the corner.

Over the past year, VCs have been forced to pull back with the rocky economy. However, ambitious entrepreneurs and startups still want to take a chance at changing the world.

Earnings season steps it up a notch this week as over 400 companies are expected to report earnings. Many of them are large cap growth stocks, including several Magnificent 7 stocks like Microsoft, Alphabet, Apple, Amazon and Meta

The cannabis industry has been performing well this year after the US Drug Enforcement Administration (“DEA”) started reviewing the potential reclassification of cannabis from Schedule I to Schedule III. Many ETFs in the space hav

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Group 1 Automotive (GPI) reported $4.48 billion in revenue for the quarter ended December 2023, representing a year-over-year increase of 10.1%. EPS of $9.50 for the same period compares to $10.86 a year ago.

Wednesday, January 31, 2024The 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), Caterpillar I

For the quarter ended December 2023, Phillips 66 (PSX) reported revenue of $-999 million, down 102.4% over the same period last year. EPS came in at $3.09, compared to $4.00 in the year-ago quarter.

For the quarter ended December 2023, Boston Scientific (BSX) reported revenue of $3.73 billion, up 14.9% over the same period last year. EPS came in at $0.55, compared to $0.45 in the year-ago quarter.

For the quarter ended December 2023, Teva Pharmaceutical Industries Ltd. (TEVA) reported revenue of $4.46 billion, up 14.8% over the same period last year. EPS came in at $1.00, compared to $0.71 in the year-ago quarter.

For the quarter ended December 2023, MasterCard (MA) reported revenue of $6.55 billion, up 12.6% over the same period last year. EPS came in at $3.18, compared to $2.65 in the year-ago quarter.

Navient (NAVI) reported $193 million in revenue for the quarter ended December 2023, representing a year-over-year decline of 16.8%. EPS of $0.70 for the same period compares to $0.76 a year ago.

For the quarter ended December 2023, Hess (HES) reported revenue of $3.04 billion, down 0.6% over the same period last year. EPS came in at $1.63, compared to $1.78 in the year-ago quarter.

For the quarter ended December 2023, Brinker International (EAT) reported revenue of $1.07 billion, up 5.4% over the same period last year. EPS came in at $0.99, compared to $0.76 in the year-ago quarter.

Here are three stocks with buy rank and strong momentum characteristics for investors to consider today, January 31st: