For a very long time, it seemed Amazon (NASDAQ: AMZN) could do no wrong. In fact, in the decade leading up to Nov. 2021, the company grew revenue by 850%, driving its stock up by more than 1,500%. Then, a perfect storm rolled in. Amazon's lockdown-fueled growth spurt gave way to
After a pivotal year for steaming, where increased competition led an industry leader to lose its dominating position, 2023 will likely be another crucial year. The rise in demand for ad-supported tiers and the introduction of live sports on various platforms have added another f
When Sony Corp Group teases “Gran Turismo,” its long-awaited adrenaline-fueled film adaptation of Sony PlayStation’s hit car-racing franchise at the CES 2023 technology trade show this week, it will really be showing off its new identity as a content-driven company.
British workers belonging to the GMB trade union at an Amazon warehouse in central England are set to walk out on Jan. 25 in a pay dispute, the union said on Wednesday.
Microsoft Corp underperformed big technology peers on U.S. exchanges on Wednesday as its shares fell 5.3% following a downgrade by brokerage UBS on worries over slowing growth for its cloud services and Office suite.
Investing in robust tech stocks during an economic downturn can be a daunting prospect, but it can also be a lucrative one. Technology has a vital role to play in driving economic recovery and growth, and tech stocks have the potential to provide stability and returns during time
Tech stocks have fallen out of favor with the market lately, but they won't stay that way forever. The tech sector remains perhaps the single-best starting place for investors seeking companies capable of delivering explosive long-term returns. And with the tech-heavy Nasdaq Comp
When Sony Corp Group teases “Gran Turismo,” its long-awaited adrenaline-fueled film adaptation of Sony PlayStation’s hit car-racing franchise at the CES 2023 technology trade show this week, it will really be showing off its new identity as a content-driven company.
Consumer stocks were steady pre-bell Wednesday. The Consumer Staples Select Sector SPDR Fund (XLP) and the Consumer Discretionary Select Sector SPDR Fund (XLY) were recently inactive.
Wall Street's main indexes were set to open higher on Wednesday on hopes of an economic recovery in China, while focus was also on minutes from the Federal Reserve's December policy meeting for clues on the outlook for interest rate hikes.
For Immediate ReleaseChicago, IL – January 4, 2023 – Zacks Equity Research shares CECO Environmental CECO as the Bull of the Day and Amazon AMZN as the Bear of the Day. In addition, Zacks Equity Research provides analysis on The Travelers Companies, Inc. TRV and The Allst
Warner Bros. Discovery WBD has kicked off 2023 with an alternative approach to audience measurement. The company has signed a deal with VideoAmp to measure its audience as an alternative means of data for advertisers.The deal comes ahead of the 2023 upfronts and has the H
It finally happened. The Dow Jones Industrial Average (DJINDICES: ^DJI) outperformed the Nasdaq Composite (NASDAQINDEX: ^IXIC) and the S&P 500 (SNPINDEX: ^GSPC) in 2022. It marked just the third time the Dow has outperformed the Nasdaq since 2008, and the first time since the
As we look back on 2022, it's easy to lose sight of the fact that the stock market and our portfolios don't reset each calendar year. Yes, a new year is an excellent time to review, plan, and rebalance, but the business cycle and our long-term financial goals continue. As bad as
Amazon (AMZN) is a Zacks Rank #5 (Strong Sell) after missing earnings in late October. The November retail sales report came in awfully weak so it is not surprising to see analysts taking down estimates of select consumer goods names. This article will look at why this
There's a good chance you've run across some stories in the news about ChatGPT, a "chatbot" developed by the folks at OpenAI. It's newsworthy because it uses artificial intelligence (AI) and is designed to interact with people in a conversational style.
If you're interested in broad exposure to the Large Cap Blend segment of the US equity market, look no further than the Schwab U.S. LargeCap ETF (SCHX), a passively managed exchange traded fund launched on 11/03/2009.