Nasdaq Technology

Friday, December 15, 2023The 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 JPMorgan Chase & Co. (JPM), Abbott Lab

Tech stocks climbed late Friday afternoon with the Technology Select Sector SPDR Fund (XLK) rising 0.8% and the SPDR S&P Semiconductor ETF (XSD) up 0.2%

After a solid 2023, investors biggest question is whether the stock market rally can continue next year. So far, Wall Street analysts have come up with varied views on the S&P 500, indicating moderate upside (which translates

Tech stocks were mixed Friday afternoon, with the Technology Select Sector SPDR Fund (XLK) rising 0.7% and the SPDR S&P Semiconductor ETF (XSD) fractionally lower.

For UK tech to reach the heights envisioned by government policy, as most recently outlined in the Chancellor’s Autumn statement, tech companies need continuous re-investment in innovation, product, and global distribution supported by robust and thriving capital markets

A 2020 report from McKinsey estimates AI technologies could be worth up to $1 trillion for global banks, taking over and improving on mundane tasks, such as high-frequency trades, marketing and fraud detection.

The S&P 500 has gained more than 21% so far this year (as of Dec 12, 2023). The cooling in inflation, a less-hawkish Fed, an AI boom, tech rally and an improvement in the corporate earnings have made this rally possible. Notab

After a solid 2023, investors biggest question is whether the stock market rally can continue next year. So far, Wall Street analysts have come up with varied views on the S&P 500, indicating moderate upside (which translates

Analysts on Wall Street project that Micron (MU) will announce quarterly loss of $1 per share in its forthcoming report, representing a decline of 2400% year over year. Revenues are projected to reach $4.6 billion, increasing 12.6

A month has gone by since the last earnings report for TJX (TJX). Shares have added about 1.8% in that time frame, underperforming the S&P 500.

A month has gone by since the last earnings report for Copa Holdings (CPA). Shares have added about 8.5% in that time frame, outperforming the S&P 500.

A month has gone by since the last earnings report for Maximus (MMS). Shares have added about 1% in that time frame, underperforming the S&P 500.

A month has gone by since the last earnings report for Sonos (SONO). Shares have added about 30.7% in that time frame, outperforming the S&P 500.

A month has gone by since the last earnings report for Advance Auto Parts (AAP). Shares have added about 19.8% in that time frame, outperforming the S&P 500.

A month has gone by since the last earnings report for Cisco Systems (CSCO). Shares have added about 2.9% in that time frame, underperforming the S&P 500.

A month has gone by since the last earnings report for Catalent (CTLT). Shares have added about 4.1% in that time frame, underperforming the S&P 500.

A month has gone by since the last earnings report for Tetra Tech (TTEK). Shares have added about 1.6% in that time frame, underperforming the S&P 500.

A month has gone by since the last earnings report for Palo Alto Networks (PANW). Shares have added about 24% in that time frame, outperforming the S&P 500.

Interest rate cuts are likely in 2024 following a period of rate hikes. The Federal Reserve has kept the federal funds rate steady at 5.25%-5.50% since late 2023 and penciled in three rate cuts for 2024, compared with the previous

The upcoming report from Winnebago Industries (WGO) is expected to reveal quarterly earnings of $1.25 per share, indicating a decline of 39.6% compared to the year-ago period. Analysts forecast revenues of $738.57 million, represe