Amazon (AMZN) is one of the stocks most watched by Zacks.com visitors lately. So, it might be a good idea to review some of the factors that might affect the near-term performance of the stock.
The market has ripped aggressively higher to start 2023. The broad-based S&P 500 Index is up 9%, while the technology-heavy Nasdaq 100 is up 18% year to date (YTD), and we've barely made it out of January. After a brutal 2022 for growth and technology stocks, it looks like th
Oracle ORCL recently announced that Oracle Red Bull Racing will increase the use of the Oracle Cloud to create new opportunities for fan engagement, including the incredible ability to design the livery of the new car, the RB19.The team will also increase its competitive
Saudi Arabia has attracted more than $9 billion in investments in future technologies, including by U.S. giants Microsoft and Oracle Corp, which are building cloud regions in the kingdom, a government minister said on Monday.
While it appears the market is waiting for the Fed pivot, the market itself has already pivoted from a bear mindset to bull mindset by ignoring what has typically been “bad news.”
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.
Global packaging and paper products giant International Paper Co. (NYSE: IP) stock is staging a rally off post-pandemic lows. The Company produces paper products in two segments, International Packaging and Global Cellulose Fibers. International Packaging comprises nearly 70% of
Cohere, an AI foundation model company that competes with Microsoft-backed OpenAI, is in talks to raise hundreds of millions of dollars in a funding round that could value the startup at more than $6 billion, sources told Reuters, in the latest sign of the investment frenzy around generative AI.
Global streaming audio platform Spotify Technology SA (NASDAQ: SPOT) stock missed top and bottom lines expectations on its fiscal Q4 2022 earnings, but Mr. Market didn’t care shares screamed higher. Spotify has an estimated 30.5% of the global music streaming market, with over 1
EU industry chief Thierry Breton urged antitrust regulators on Monday to consider allowing more cross-border mergers in the European telecoms industry, backing calls by Deutsche Telekom, Orange, Telefonica and Telecom Italia.
The SPDR S&P 500 ETF (SPY) was launched on 01/29/1993, and is a passively managed exchange traded fund designed to offer broad exposure to the Large Cap Blend segment of the US equity market.
Designed to provide broad exposure to the Large Cap Blend segment of the US equity market, the Vanguard S&P 500 ETF (VOO) is a passively managed exchange traded fund launched on 09/09/2010.
Amazon.com (NASDAQ: AMZN) recently reported earnings results that were underwhelming to investors, but there's one number that stood out -- and it could be a big profit driver in the future.
Warren Buffett doesn't bet on the market for just a year or two. The billionaire has made his fortune by investing in great companies and holding them for the long term. If you follow his lead, the idea is you benefit over time from a business' growth -- and in some cases from di
For Immediate ReleaseChicago, IL – February 6, 2023 – Zacks.com releases the list of companies likely to issue earnings surprises. This week’s list includes Apple AAPL, Amazon AMZN, Alphabet GOOGL, Meta META & Microsoft MSFT.
Dell Technologies Inc will eliminate about 6,650 jobs, or about 5% of its global workforce, hurt by falling demand for its personal computers, Bloomberg News reported on Monday.
Oracle Corp plans to invest $1.5 billion in Saudi Arabia in the coming years as it builds up its cloud footprint in the kingdom and opens its third public cloud region in Riyadh, a company official said.
eBay (NASDAQ: EBAY) is scheduled to report its fiscal Q4 2022 results on Wednesday, February 22, 2023. We expect the stock to edge past the consensus estimates of earnings, while revenues will remain in line (just below) with the expectations. The company reported mixed results
What happened
Shares of retail giant Costco Wholesale (NASDAQ: COST) jumped 12% in January, according to data from S&P Global Market Intelligence. The company posted another month of steady performance despite inflationary pressure.