2023 was a year of recovery for the tech-heavy Nasdaq Composite, which jumped 43% amid the easing of inflation and other macroeconomic challenges that hurt stocks in 2022. But if history is anything to go by, the rally could be just getting started. According to an analysis of da
When China's e-commerce outfit Alibaba (NYSE: BABA) went public back in 2014, investors were understandably stoked. The market was looking for the next Amazon (NASDAQ: AMZN), which had performed very well since its initial public offering back in 1997. What better way to repeat t
The NASDAQ 100 After Hours Indicator is down -.66 to 16,305.32. The total After hours volume is currently 124,032,771 shares traded.The following are the most active stocks for the after hours session: SomaLogic, Inc. (SLGC) is -0.07 at $2.03, with 7,651,377 shares traded. SLGC'
SMART Global Holdings, Inc. SGH is slated to report first-quarter fiscal 2024 results on Jan 9.The company expects revenues between $250 million and $300 million for the quarter to be reported. The Zacks Consensus Estimate for the
Aehr Test Systems AEHR is slated to report second-quarter fiscal 2024 results on Jan 9.For the fiscal second quarter, the Zacks Consensus Estimate for revenues is pegged at $20.1 million, indicating 35.6% growth from the year-ago
The benchmark S&P 500 and the Nasdaq rose on Friday after
services sector data pointing to a weaker economy raised bets of
faster interest-rate cuts this year, hours after robust jobs
data doused expectations of rapid easing.
CGI Group GIB is benefiting from an expanding clientele. It is now partnering with NATS, the U.K.'s leading provider of air traffic control services, to transform and modernize the latter’s digital infrastructure and services. NA
Amazon.com said a U.S. law immunizing internet platforms from claims over third-party content on their websites should block a new consumer lawsuit accusing the company of profiting from unlawful casino-style apps.
Wall Street's main indexes edged higher on Friday as gains in megacap stocks outweighed pressure from a stronger-than-expected jobs report that tempered expectations of rapid interest rate cuts this year.
The three-year-long historic public health crisis significantly altered the structure and trend of the Retail - Pharmacies and Drug Stores industry. On a positive note, amid acute supply-chain disruption and staffing shortages wit
Alphabet GOOGL is launching a range of new features for Google Bard starting in 2024.The upcoming updates include custom bots, tasks, shared queries, "Power Ups," and a paid "Advanced" tier.Further, Google will introduce new secti
Somewhat quietly, Amazon (NASDAQ: AMZN) had a monster year in 2023. The tech stock didn't get as much attention as AI stocks like Nvidia, and it wasn't part of the battle royale playing out between Microsoft and Alphabet in generative AI chatbots. However, Amazon finished 2023 up