For Immediate ReleaseChicago, IL – April 14, 2022 – Zacks Equity Research shares NVIDIA NVDA as the Bull of the Day and GameStop GME as the Bear of the Day. In addition, Zacks Equity Research provides analysis on The Mosaic Company MOS, and The Andersons, Inc. ANDE.
JPMorgan Chase & Co.’s JPM shares lost 3.2% after reporting first-quarter 2022 adjusted earnings of $2.63 per share, lagging the Zacks Consensus Estimate of $2.73 per share.Shares of NVIDIA Corporation NVDA gained 3.3% following reports that the outlook for gaming and
The Consumer Price Index hit a 40-year high this week, up 8.5% over the past year. To combat rising prices, the Federal Reserve has already raised its target interest rate by a quarter-point, and six more rate hikes are expected in 2022. But 28% of economists surveyed by The Wall
The technology sector, of which semiconductor is a major part, suffered a bloody blow as soon as 2022 started. Soaring inflation since mid-2021 has compelled the Fed to terminate the quantitative easing program and raise the benchmark lending rate in March.
Startup chip designer Ampere Computing recently filed for an initial public offering (IPO). The company was founded in 2017 but is experiencing rapid growth as data center operators adopt its cloud-native processors. Founded and led by Silicon Valley native Renée James, this is a
Market sentiment has never been more dissonant than it is today, as investors contemplate the implications of the structural upheaval the pandemic and resulting digital renaissance have had on our global economy.
Down around 6% from its all-time high, the S&P 500 has been trading in about the same range for nine months. Tech stocks led the S&P 500 out of the pandemic bottom, and cyclical companies drove it higher throughout 2021. While I don't know how long the index will trade in
As fears of a decrease in consumer spending remain, analysts are continuing to issue downgrades or price target reductions for numerous semiconductor companies. Today's video focuses on another recent downgrade to Nvidia (NASDAQ: NVDA), global PC shipment numbers for the first qu
What happened
Shares of semiconductor giant Nvidia (NASDAQ: NVDA) closed 3.2% higher on Wednesday after analysts at New Street Research upgraded the shares to a buy rating with a $270 price target.
U.S. shares rose on Wednesday as a rebound in growth stocks on falling yields and strong results from Delta Air Lines offset declines in JPMorgan after the bank reported a slump in first-quarter profit in a mixed start to the earnings season.
Nvidia (NVDA) appears an attractive pick, as it has been recently upgraded to a Zacks Rank #1 (Strong Buy). An upward trend in earnings estimates -- one of the most powerful forces impacting stock prices -- has triggered this rating change.
During Alphabet's (NASDAQ: GOOG) (NASDAQ: GOOGL) fourth-quarter and full-year 2021 earnings call on Feb. 1, the company announced that its board of directors approved a 20-for-1 stock split, effective on July 15. Alphabet is just one of many big tech companies to announce stock s
U.S. shares rose on Wednesday as a recovery in growth stocks and strong results from Delta Air Lines offset declines in JPMorgan after the bank reported a slump in quarterly profit.
Broadcom AVGO recently announced that it is launching the world’s first complete end-to-end chipset solutions for the Wi-Fi 7 Ecosystem. The new solution includes Wi-Fi 7 ecosystem spanning Wi-Fi routers, residential gateways, enterprise access points, and client devices.
In the past few weeks, investors have seen an increase in downgrades or reductions of price targets in the semiconductor industry by different analysts. Nvidia (NASDAQ: NVDA) has not been immune to these downgrades; in the past few days, Truist Securities and Baird have downgrade
Intel (NASDAQ: INTC) has finally entered the market for discrete graphics processing units (GPU) that has so far been the playground of Nvidia (NASDAQ: NVDA) and Advanced Micro Devices (NASDAQ: AMD). And the good part is that Chipzilla (as Intel is known) has made a smart move to
Driehaus strategy can be used to choose the best momentum stocks with the “buy high and sell higher" theory. Following the success of this investment plan, Driehaus was able to attain a place in Barron’s All-Century Team.
Wall Street reversed early gains to end lower on Tuesday, pulled down by inflation data. Investors expected the Fed to implement a tighter monetary policy in light of the decades-high inflation. The 10-year Treasury yield dropped from a three-year high. All the three majo
For Immediate ReleaseChicago, IL – April 13, 2022 – 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 financial markets. Stocks recently featured in