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In June 2022, shares of The Clorox Co. (NYSE:CLX) dipped as low as $120.50, marking a messy 50% plunge from their all-time high. Loyal shareholders of the bleach maker that rode out the decline are now cleaning up. Clorox is up nearly 30% since last summer, aided by Friday’s 10%

Though last week showcased earnings from mega tech giants such as Apple AAPL, Meta Platforms META, and Alphabet GOOGL, Wall Street is still in the heart of earnings season. Below we will discuss 5 key earnings reports to monitor this week:

Pinterest (NYSE: PINS) dropped more bad news for the advertising industry on Monday. The search social media company announced worse-than-expected fourth-quarter revenue and guided for first-quarter revenue to increase at a rate in the low single digits. This adds to similarly un

Wall Street delivered a mixed performance last week with the S&P 500 (up 1.6%), the Nasdaq Composite (up 3.31%) and the Russell 2000 (up 3.88%) returning positively and the Dow Jones (down 0.15%) losing a little.

Qualcomm (NASDAQ: QCOM) posted its latest earnings report on Feb. 2. In the first quarter of fiscal 2023, which ended on Dec. 25, the chipmaker's adjusted revenue dropped 12% year over year to $9.46 billion and missed analysts' expectations by $110 million. Its adjusted net incom

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Apple (NASDAQ: AAPL) posted a weaker-than-expected earnings report on Feb. 2, which it largely attributed to supply chain disruptions for the iPhone 14 and its sluggish sales of Macs and Apple Watches. The company offset some of those declines with the growth of its services busi

Over multiple decades, Wall Street is a bona fide wealth creator. But as last year demonstrated, the stock market is completely unpredictable on a year-to-year basis.

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For Immediate ReleaseChicago, IL – February 7, 2023 – Zacks Equity Research shares Archer Daniels Midland ADM as the Bull of the Day and Ollie’s Bargain Outlet OLLI as the Bear of the Day. In addition, Zacks Equity Research provides analysis on Apple AAPL, Meta Platforms

Taiwan's exports fell for a fifth straight month in January due to a deteriorating global economy and factory closures during the long Lunar New Year holiday, with the outlook remaining poor in the short term.

With the Internet-Software Industry currently in the top 28% of over 250 Zacks Industries one stock investors will be paying close attention to is PayPal (PYPL) which is set to report its fourth-quarter earnings on Thursday, February 9 and still trades 36% from its 52-hig

Videogame publisher Activision Blizzard beat Wall Street estimates for fourth-quarter adjusted sales on Monday, thanks to the success of the latest game in its "Call of Duty" franchise.

Videogame publisher Activision Blizzard beat Wall Street estimates for fourth-quarter adjusted sales on Monday, thanks to the success of the latest game in its "Call of Duty" franchise.

The week of February 6 is going to be a light on the economic data front, but that shouldn’t prevent the market from making significant moves. With the flurry of important information that came out last week we are likely to see the market continue to react to a lot of th

Shares of Apple ( NASDAQ:AAPL ) are fresh off a quarterly earnings miss, with sales slipping 5% year-over-year, marking the worst quarterly top-line decline in years. Still, Apple stock was resilient following the disappointing number, closing off Friday's session up 2.4% in a bloody day for tech stocks. I remain bullish as Apple stock shrugs off its forgettable quarter and moves on from headwinds that are bound to fade in time. The recent round of quarterly results themselves was nothing to write home about (weakness was broadly spread across categories). It was likely the words of management that helped soothed investor nerves, helping Apple stock outperform some FAANG rivals that also reported the previous day. The company didn't give formal guidance for Fiscal 2023 due to macro uncertainty. It's noteworthy that the words "macro headwinds" were used quite a bit throughout the conference call. In any case, I think it's only prudent not to attempt to provide any sort of concrete guidance with recession headwinds up ahead. Despite the lack of guidance, management didn't leave investors in the dark. CEO Tim Cook called for year-over-year sales growth to be "similar to the December quarter." Such words, I believe, set the bar quite low for the coming quarter and could set the stage to impress. He also stated that "from a supply chain point of view, we're now at a point where production is what we need it to be." That alone was likely enough to help Apple investors breathe a sigh of relief. Apple: The Worst of the Production Issues May Have Passed My takeaway from Cook's comments was that the worst of production headwinds may already be in the rearview mirror. Indeed, the next quarter could see iPhone revenue growth in the red. However, the second half could see Apple make up for lost time as production gets up to full speed while Apple users finally look to upgrade. Indeed, Apple can afford to have some sizeable supply-side hiccups without losing too much business. At the end of the day, customer loyalty is unparalleled, with many Apple users that will opt not to switch to a competing product, even if it means having to endure longer wait times. Lockdowns in China have weighed heavily on operations. Still, I am confident that Cook can promptly bring production back in order. The man is an operational genius who's effectively ironed out supply-chain wrinkles in the past. Once Apple moves past the current barrage of headwinds, it'll likely be right back to gaining meaningful market share in the smartphone market again. Further, amping up efforts to expand into India, a market where Apple is reportedly enjoying double-digit growth, could help fuel such market gains. Apple's Rough Quarter is Easy to Forgive There's no question that Apple was up against it going into what many expected would be a rough quarter. Going into the quarter, estimates were muted, thanks in part to manufacturing woes from China's COVID-19 lockdowns, currency headwinds, and the weak macro environment. Still, Apple managed to miss the mark on both fronts. It wasn't a pretty scene initially. That said, Apple didn't fare too terribly, given how prominent the storm of headwinds was. Upon the release of Apple's numbers, the immediate reaction was negative, with the stock falling around 5%-6% after hours before climbing higher, following some management commentary and time to digest the results. The weakness was widespread across the board. iPad ($9.4 billion revenue) and services ($20.7 billion revenue) were bright spots, which managed to surpass estimates of $7.7 billion and $20.4 billion, respectively. On a constant-currency basis, Apple noted that sales would have been up. As the strong U.S. dollar loses ground to global currencies, the currency headwind could turn into a tailwind for future quarters. Is Apple Stock a Buy, According to Analysts? Turning to Wall Street, AAPL stock comes in as a Strong Buy. Out of 29 analyst ratings, there are 24 Buys and five Hold recommendations. The  average Apple stock price target is $172.87, implying upside potential of 13.6%. Analyst price targets range from a low of $125.00 per share to a high of $210.00 per share. Conclusion: AAPL Can Move on from a Rough 2022 Apple stock was a roller-coaster ride on earnings. However, looking ahead, operations should get smoother, and the much-anticipated reveal of a VR/AR headset could be a wild card. In any case, I think it's wise to stick with Apple following a forgivable and forgettable quarter. Disclosure

What happened Shares of Taiwan Semiconductor Manufacturing (NYSE: TSM) were falling 4% in morning trading Monday at 10:37 a.m. on no company-specific news, but the stock has been on a tear so far this year, up 22% year to date.

Technology stocks made a solid comeback on the market to begin 2023 after a terrible time over the past year. The Nasdaq-100 Technology Sector index clocked 21% gains so far this year on the back of cooling inflation and the possibility of a potential bull market.