In the wake of last year's unpleasant stock market downturn, investors have had reason to celebrate in 2023. The S&P 500 at one point gained about 20% from its bear market low, though it has since dipped back a bit. Still, the index stands just 12.6% below its all-time high.
A big contributing factor to the market’s loss of momentum over the last three months is rising interest rates and the ‘higher-for-longer’ view of Fed policy. The interest rate issue is an even more significant headwind for Tech s
Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Chipotle Mexican Grill Inc (Symbol: CMG), where a total volume of 27,075 contracts has been traded thus far today, a contract volume which is representative of
The Nasdaq outperformed peers on Friday as robust updates from Amazon.com and Intel lifted beaten-down megacaps, while investors also drew comfort from data that showed inflation rose largely in line with expectations.
Juniper Networks, Inc. JNPR reported modest third-quarter 2023 results, with the bottom and top line surpassing the respective Zacks Consensus Estimate. The company recorded lower revenues year over year, owing to a sales drop in
The Nasdaq and S&P 500 rose on Friday as robust updates from Amazon.com and Intel lifted beaten-down megacaps, while investors also drew comfort from data that showed inflation rose largely in line with expectations.
Intel rose more than 9% on Friday and sparked a jump in chip stocks after its upbeat forecast signaled that the personal computer market was rebounding from its quarters-long slump.
Wall Street closed sharply lower on Thursday, pulled down by tech and related stocks. Disappointing numbers coming in from big-tech earnings weighed on the market. All of the three major stock indexes ended in the red.
Wall Street was set to open higher on Friday as robust forecasts from Amazon.com and Intel lifted beaten-down megacaps, while investors also drew comfort from data that showed inflation rose largely in line with expectations.
In today's video, I discuss recent updates affecting Nvidia (NASDAQ: NVDA) and recent commentary from Alphabet (NASDAQ: GOOGL) (NASDAQ: GOOG), Microsoft (NASDAQ: MSFT), and Meta Platforms (NASDAQ: META). Check out the short video to learn more, consider subscribing, and click the
Intel rose nearly 8% on Friday and sparked a jump in chip stocks after its upbeat forecast signaled that the personal computer market was rebounding from its quarters-long slump.
For Immediate ReleaseChicago, IL – October 27, 2023 – Zacks Equity Research shares Applied Industrial Technologies AIT as the Bull of the Day and CBRE Group CBRE as the Bear of the Day. In addition, Zacks Equity Research provides
Hewlett Packard Enterprise HPE has announced that its new on-demand cloud service, HPE GreenLake for Private Cloud Business Edition, has been adopted by the Istanbul Water and Sewerage Administration (“iSKi”) to replace iSKi’s exi
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
Futures for Wall Street's main stock indexes rose on Friday as robust forecasts from Amazon.com and Intel lifted beaten-down megacaps, while investors awaited key inflation data during the day.
For Immediate ReleaseChicago, IL – October 27, 2023 – 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