Tech stocks were in the red late Tuesday afternoon with the Technology Select Sector SPDR Fund (XLK) dropping 2.4% and the SPDR S&P Semiconductor ETF (XSD) tumbling 4.4%.
For investors seeking momentum, GX Cloud Computing ETF CLOU is probably on the radar. The fund just hit a 52-week high and is up 47.94% from its 52-week low price of $16/share.
Tech stocks fell Tuesday afternoon with the Technology Select Sector SPDR Fund (XLK) dropping 1.7% and the SPDR S&P Semiconductor ETF (XSD) tumbling 3%.
Atlanta Fed President Raphael Bostic, a voting member of the Federal Open Market Committee (FOMC), shared insights with CNN in an exclusive interview, as quoted on Yahoo Finance. Bostic revealed his anticipation of the nation's in
Nvidia NVDA experienced a record-breaking surge fueled by an artificial intelligence (AI) frenzy and analysts’ bullish view. After the biggest monthly increase ever in market value in January, the chipmaker overtook Amazon AMZN at
Earnings season isn’t over yet. There are hundreds of companies expected to report this week including big technology companies, popular growth stocks and a lot of consumer-focused companies that soared during the pandemic but whi
Krispy Kreme (DNUT) reported $450.91 million in revenue for the quarter ended December 2023, representing a year-over-year increase of 11.4%. EPS of $0.09 for the same period compares to $0.11 a year ago.
Shopify (SHOP) reported $2.14 billion in revenue for the quarter ended December 2023, representing a year-over-year increase of 23.6%. EPS of $0.34 for the same period compares to $0.07 a year ago.
Shopify (SHOP) reported $2.14 billion in revenue for the quarter ended December 2023, representing a year-over-year increase of 23.6%. EPS of $0.34 for the same period compares to $0.07 a year ago.
Ecolab (ECL) reported $3.94 billion in revenue for the quarter ended December 2023, representing a year-over-year increase of 7.3%. EPS of $1.55 for the same period compares to $1.27 a year ago.
Zoetis (ZTS) reported $2.21 billion in revenue for the quarter ended December 2023, representing a year-over-year increase of 8.5%. EPS of $1.24 for the same period compares to $1.15 a year ago.
For the quarter ended December 2023, USA Compression Partners (USAC) reported revenue of $225.05 million, up 18.4% over the same period last year. EPS came in at $0.10, compared to -$0.04 in the year-ago quarter.
Overall, ETFs pulled in $3.8 billion in capital last week, taking year-to-date inflows to $35.5 billion. International equity led the way higher with $2.3 billion in inflows, followed by inflows of $2.1 billion from U.S. fixed-inc
Watsco (WSO) reported $1.6 billion in revenue for the quarter ended December 2023, representing a year-over-year increase of 1.4%. EPS of $2.06 for the same period compares to $2.35 a year ago.
Wesco International (WCC) reported $5.47 billion in revenue for the quarter ended December 2023, representing a year-over-year decline of 1.5%. EPS of $2.65 for the same period compares to $4.13 a year ago.
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