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Stock Market News for Feb 24, 2022

4 years 8 months ago
Major U.S. benchmarks ended sharply lower on Wednesday, extending their recent losses as warning from U.S. officials that Russia could attack Ukraine anytime once again raised worries among investors. This coupled with worries of surging inflation and rising interest rate

2 Stocks to Buy From the Flourishing Computer Industry

4 years 8 months ago
Coronavirus outbreak has been beneficial for the Zacks Computer – Mini Computers industry as it raised demand for PCs and tablets significantly. Despite massive supply chain disruption, the ongoing work-from-home and online learning wave have been beneficial for industry

Apple's $3 Trillion Journey

4 years 8 months ago
Apple (NASDAQ: AAPL) has been a pioneer in many ways. The tech pioneer broke ground in personal computing, challenging the dominance of IBM (NYSE: IBM) and its PC with its early Apple and Macintosh brands of hardware. Its rollout of the iPod in the 2000s helped popularize the for

ANSYS (ANSS) Q4 Earnings and Revenues Surpass Estimates

4 years 8 months ago
ANSYS ANSS reported fourth-quarter 2021 non-GAAP earnings of $2.81 per share, which beat the Zacks Consensus Estimate by 4.9%, However, the bottom line declined 5.1% year over year.Non-GAAP revenues of $661.4 million surpassed the Zacks Consensus Estimate by 4%. The top l

1 Big Reason You Shouldn't Bet Against Meta

4 years 8 months ago
A lot has been said about Meta Platforms (NASDAQ: FB) since its fateful fourth-quarter 2021 earnings update: Its digital advertising dominance is "over," ended by Apple's (NASDAQ: AAPL) user privacy changes; its bet on the "metaverse" will be an ill-fated dystopian tech experimen

IMAX's Q4 Report: 3 Lessons for AMC and Cinemark Investors

4 years 8 months ago
Larger-than-life cinema technologist IMAX (NYSE: IMAX) posted its fourth-quarter results on Wednesday. The report drove IMAX shares as much as 10.5% higher in Wednesday's after-hours trading, and it painted a vivid picture of the state of the industry. Hence, investors in other l

Notable Wednesday Option Activity: AAPL, TJX, DE

4 years 8 months ago
Looking at options trading activity among components of the S&P 500 index, there is noteworthy activity today in Apple Inc (Symbol: AAPL), where a total volume of 542,969 contracts has been traded thus far today, a contract volume which is representative of approximately 54
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