The S&P 500 Index ($SPX ) (SPY ) today is up +0.42%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +0.22%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.38%. Stocks are trading mildly higher today after the U.S. CPI report was not as...
Oracle ORCL reported third-quarter fiscal 2024 non-GAAP earnings of $1.41 per share, which beat the Zacks Consensus Estimate by 2.92% and increased 15.6% year over year. At constant currency (cc), earnings increased 16% year over
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For decades, the tech sector wasn’t viewed as a prime source of equity income. But that’s changed for the better in recent years, and that positive evolution is ongoing. Indeed, the Invesco QQQ Trust (QQQ) and the Invesco NASDAQ 100 ETF (QQQM), both of which track the tech-heavy Nasdaq-100 Index (NDX), sport 30-day SEC yields [...]
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Below is Validea's guru fundamental report for AMAZON.COM INC (AMZN). Of the 22 guru strategies we follow, AMZN rates highest using our P/B Growth Investor model based on the published strategy of Partha Mohanram. This growth model looks for low book-to-market stocks that exhibi
Amazon (AMZN) has been one of the most searched-for stocks on Zacks.com lately. So, you might want to look at some of the facts that could shape the stock's performance in the near term.
Science Applications International Corporation SAIC has been awarded a $444 million contract to support the U.S. Space Force's Digital Transformation, Acquisition, Modernization and Modification (“DTAMM”) program. The contract foc
Among artificial intelligence (AI) companies, perhaps none are more important than the "Magnificent Seven." Except for Tesla, each Magnificent Seven stock has a market cap over $1 trillion.
Los Angeles-based CarbonCapture, which aims to build machines that suck carbon dioxide out of the air to fight climate change, said it had raised $80 million from investors that include Saudi oil giant Saudi Aramco.
BofA Global Research raised its earnings forecast for the S&P 500 on Tuesday, projecting a 12% increase in profit for the companies in the benchmark index this year.
Over the past 30 years, one of Wall Street's few constants is that there's always a next-big-thing trend or innovation garnering the attention of professional and everyday investors alike.
A boom in artificial intelligence (AI) kicked off last year and has shown no signs of slowing. The launch of OpenAI's ChatGPT near the end of 2022 reignited interest in the technology and forced many to rethink what was currently possible with AI.
India's Vishal Mega Mart is planning a $1 billion initial public offering that would value the budget supermarket chain at up to $5 billion with some of the proceeds earmarked to add stores, two people with direct knowledge of the plan said.
Snap’s stock (NYSE: SNAP) has lost approximately 30% YTD as compared to the 8% rise in the S&P 500 index over the same period. The drop was due to weak results in the fourth quarter of 2023, with revenues and average revenue-per-user (ARPU) missing the mark. That said,
Oracle (NYSE: ORCL) is scheduled to report its fiscal Q3 2024 results on Monday, March 11. We expect Oracle to edge past the consensus estimates of revenues and earnings. The technology giant posted mixed results in the last quarter, with earnings beating the expectations bu
A unique company and stock that straddles both the tech and consumer goods sectors, Amazon (NASDAQ: AMZN) is a must-own for many investors. So it's hardly an undiscovered stock, but there are more than a few pundits out there who feel it still has plenty of upside potential.
Identiv INVE launched bitse.io 3.0, the latest version of its global Internet of Things (IoT) cloud platform. This updated solution offers a range of services and features to enhance customer engagement and provide digital securit
Disney DIS-owned Disneyland, the iconic California theme park known as the "happiest place on Earth," is poised for a magical transformation.The proposal, set to undergo review by Anaheim's planning commission, entails significant