The Consumer Discretionary Select Sector SPDR ETF (XLY) was launched on 12/16/1998, and is a passively managed exchange traded fund designed to offer broad exposure to the Consumer Discretionary - Broad segment of the equity marke
Thanks to its monumental rise over the past couple of decades, Amazon (NASDAQ: AMZN) has become one of the world's most valuable enterprises. It carries a market cap of $1.9 trillion today. Early investors have probably gotten wealthy beyond their wildest dreams, as shares have s
Amazon (NASDAQ: AMZN) was founded in 1994 to sell products using the Internet. Since then, it has become the dominant player in the e-commerce industry. However, the company has also expanded into other areas, such as cloud computing, streaming, and digital advertising.
For Immediate ReleaseChicago, IL – May 20, 2024 – Zacks.com releases the list of companies likely to issue earnings surprises. This week’s list includes Walmart’s WMT, Target TGT, Amazon AMZN and Nvidia NVDA.
After gaining 239% in 2023 to become the best-performing component of the S&P 500, Nvidia (NASDAQ: NVDA) has sustained its momentum so far this year. The stock has nearly doubled -- gaining over $1.1 trillion in market cap year to date -- and 2024 isn't even halfway over.
Investors keeping tabs on Amazon (NASDAQ: AMZN) likely already know it's now waist-deep in the advertising business. In 2023, it collected a total of $47 billion from third-party sellers looking to feature their products more prominently at Amazon.com. That's a $10 billion improv
Alphabet (NASDAQ: GOOGL) (NASDAQ: GOOG) has come a long way since its founding in 1998, when the company went solely by Google. The tech giant has become a behemoth in the industry by essentially creating a gateway to the internet, amassing billions of users. Alphabet has used it
Tech stocks have probably made more than a few millionaires recently, with the Nasdaq-100 Technology Sector up 51% since last May, for example. Increased interest in artificial intelligence (AI) has caused countless stocks to skyrocket. The launch of OpenAI's ChatGPT highlighted
Amazon (NASDAQ: AMZN) had a rough 2022 as rising inflation weighed on earnings, so last year the company revamped its cost structure to turn things around. And now this year, the market giant is showing investors they still can count on it for major growth. In the latest earnings
Nvidia (NASDAQ: NVDA) has been the undisputed beneficiary of recent advances in artificial intelligence (AI). Since early last year, the adoption of AI has spread like wildfire, fueled by Nvidia's graphics processing units (GPUs). The company will face a key hurdle when it report
Artificial intelligence (AI) has created a lot of buzz since early last year. Even as the technology has been around since the 1950s, recent developments show that these algorithms have improved by an order of magnitude. Generative AI has shown its mettle for a wide and growing v
Several technology companies have recently undergone stock splits. Some of the more notable stock splits in the tech realm in recent memory include "Magnificent Seven" members Tesla, Nvidia, Amazon, Alphabet, and Apple.
Investors could do worse than investing in the so-called "Magnificent Seven" stocks. The collective gained 111%, on average, in 2023, thrashing the 24% gains of the S&P 500. The group has continued its winning ways, rising 22% on average so far this year, nearly double the 11
Netflix (NASDAQ: NFLX) completely revolutionized the way content is consumed. While the company originally began as a DVD rental service, Netflix quickly pivoted to a streaming model.
While it's tough to argue that most of the "Magnificent Seven" stocks would be bad long-term investments, there are two in particular that I'd be eager to buy right now. Amazon.com (NASDAQ: AMZN) is trading at just 2% below its all-time high, but its profitability is still in the
Investors have already seen some big stock price jumps in 2024. Several winners are in the popular artificial intelligence (AI) space, of course, with companies like Nvidia and Meta Platforms posting excellent year-to-date returns. But there are also a few top stock performers th
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