Tech stocks were mixed Thursday afternoon with the Technology Select Sector SPDR Fund (XLK) rising 0.9% and the SPDR S&P Semiconductor ETF (XSD) little changed.
Facebook owner Meta Platforms plans to deploy into its data centers this year a new version of a custom chip aimed at supporting its artificial intelligence (AI) push, according to an internal company document seen by Reuters on Thursday.
If you're investing in up-and-coming growth stocks, you don't necessarily need to make a huge investment to generate massive returns later on. You can make up for that by investing for a long period. Two stocks that have provided investors with life-changing returns over the past
Verizon Communications Inc. VZ recently teamed up with Jobber to launch an all-in-one solution for small and midsized home service businesses. The solution promises to elevate productivity and enhance security in the management of
New Jobless Claims numbers this morning continue to put a subtly different tilt on our current labor market: just like yesterday’s lower-than-expected ADP (ADP) private-sector payroll tallies, ahead of today’s opening bell we see
Looking at units outstanding versus one week prior within the universe of ETFs covered at ETF Channel, the biggest outflow was seen in the iShares MSCI USA Quality Factor ETF, where 15,150,000 units were destroyed, or a 6.1% decrease week over week. Among the largest underlyin
New Jobless Claims numbers this morning continue to put a subtly different tilt on our current labor market: just like yesterday’s lower-than-expected ADP ADP private-sector payroll tallies, ahead of today’s opening bell we see bo
Google parent Alphabet (GOOG), Microsoft (MSFT), and Tesla (TSLA) are among the magnificent seven members that have delivered fourth-quarter results. The cadre of high-growth mega-caps will be pivotal drivers of S&P 500 EPS for the final three months of last year and beyond. That implies upcoming earnings reports from the rest of the magnificent seven. [...]
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Qorvo, Inc. QRVO reported strong third-quarter fiscal 2024 results, with the bottom and the top line beating the respective Zacks Consensus Estimate. The company reported top-line expansion year over year, backed by solid demand t
In today's video, I discuss the recent updates affecting Nvidia (NASDAQ: NVDA). Check out the short video to learn more, consider subscribing, and click the special offer link below.
For Immediate ReleaseChicago, IL – February 1, 2024 – 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 fi
Below is Validea's guru fundamental report for NVIDIA CORP (NVDA). Of the 22 guru strategies we follow, NVDA rates highest using our Quantitative Momentum Investor model based on the published strategy of Wesley Gray. This momentum model looks for stocks with strong and consiste
Avnet AVT reported better-than-expected second-quarter fiscal 2024 results. The company’s non-GAAP earnings were $1.40 per share, which surpassed the Zacks Consensus Estimate of $1.39. However, the reported figure came 30% lower t
If you're interested in broad exposure to the Technology - Broad segment of the equity market, look no further than the Fidelity MSCI Information Technology Index ETF (FTEC), a passively managed exchange traded fund launched on 1
Wall Street turned in a banner performance in 2023. When the curtain closed, the Dow Jones Industrial Average had managed to hit multiple record highs, while the S&P 500 and Nasdaq Composite shot higher by 24% and 43%, respectively. A fresh bull market has emerged, and growth
Billionaire Stanley Druckenmiller is a former hedge fund manager best known for betting against the British pound in 1992. He managed George Soros' Quantum Fund at the time, and the pair reportedly pocketed a $1 billion profit on the transactions. Meanwhile, Druckenmiller ran his