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%.
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
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.
The world's largest software maker — Microsoft MSFT — reported strong second-quarter fiscal 2024 results, beating earnings and revenue estimates. The company posted the highest profit growth in more than two years and the stronges
After a rough start to 2024 on overstretched valuations and easing of rate cut bets, Wall Street showed strong momentum, with both the S&P 500 and Dow Jones hitting a series of new highs lately. The S&P 500 topped the 4,90