Shares of tech titan Amazon (NASDAQ: AMZN) just got confirmation that the 2023 rally is the real deal. Second-quarter 2023 revenue increased 11% year over year, and the bottom line swung back to black, coming in at $6.7 billion in net income. That was more than double the net pro
What a difference a year makes. In December, Wall Street ended its worst year since the Great Recession of 2008. Eight months later, the economic clouds have dissipated. All three of the major market indexes have rebounded more than 20% since their recent lows, with some market w
For Immediate ReleaseChicago, IL – August 11, 2023 – Zacks Market Edge is a podcast hosted weekly by Zacks Stock Strategist Tracey Ryniec. Every week, Tracey will be joined by guests to discuss the hottest investing topics in stoc
Negotiators for striking Hollywood writers and the major studios will return to the bargaining table on Friday, the Writers Guild of America (WGA) said as the strike marked more than 100 days.
US equities have been on a tear over the past few months. In fact, until it occurred on August 2nd, the S&P 500 Index had not suffered a 1% drawdown for more than two months. Unfortunately for equity investors, the market clim
The NASDAQ 100 After Hours Indicator is up 2.56 to 15,131.4. The total After hours volume is currently 86,576,845 shares traded.The following are the most active stocks for the after hours session: Johnson & Johnson (JNJ) is -0.03 at $172.14, with 3,854,468 shares traded. Ov
Wall Street's main indexes closed flat on Thursday, giving up most early gains on milder-than-feared inflation data as investors worried about the U.S. economy's longer-term prospects and whether stocks had further room to run.
Amazon.com is shelving several private clothing brands, a source familiar with the matter said on Thursday, as the e-commerce giant tries to cut costs and address antitrust scrutiny.
Wall Street's main indexes gave up early gains to trade mostly flat on Thursday, as initial optimism over milder-than-feared inflation data gave way to longer-term concerns about the state of the U.S. economy and whether stocks had much room to run.
Investors seek growth stocks to capitalize on above-average growth in financials that help these securities grab the market's attention and produce exceptional returns. However, it isn't easy to find a great growth stock.
monday.com MNDY is set to report second-quarter 2023 results on Aug 14.The Zacks Consensus Estimate for second-quarter revenues is pegged at $169.2 million, indicating an increase of 36.76% from the year-ago quarter.The consensus
Wall Street rose on Thursday after milder-than-feared July consumer prices data fueled hopes the Federal Reserve could leave interest rates unchanged next month.
Amazon.com is shelving several private clothing brands in an attempt to reduce costs and address antitrust scrutiny, a source familiar with the matter said on Thursday.
Wall Street rose on Thursday after milder-than-feared July consumer prices data fueled hopes the Federal Reserve could leave interest rates unchanged next month.
Amazon (NASDAQ: AMZN) released stellar earnings for the second quarter of 2023, stunning many on Wall Street and Main Street. The stock jumped 10% in after-hours trading and maintained the gains the next day. Total revenue grew 11% year over year (YOY) to $134 billion on the back
Investors interested in Retail-Wholesale stocks should always be looking to find the best-performing companies in the group. Has Amazon (AMZN) been one of those stocks this year? Let's take a closer look at the stock's year-to-dat
The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings oft
Have you been paying attention to shares of Booking Holdings (BKNG)? Shares have been on the move with the stock up 14.9% over the past month. The stock hit a new 52-week high of $3251.47 in the previous session. Booking Holdings
The video focuses on recent earnings commentary by Amazon (NASDAQ: AMZN), Alphabet (NASDAQ: GOOGL) (NASDAQ: GOOG), Microsoft (NASDAQ: MSFT), and Meta Platforms (NASDAQ: META) on future capital expenditure and the increased investment in AI chips made by Nvidia (NASDAQ: NVDA). Che