Among the underlying components of the Russell 3000 index, we saw noteworthy options trading volume today in Masonite International Corp (Symbol: DOOR), where a total of 7,842 contracts have traded so far, representing approximately 784,200 underlying shares. That amounts to a
S&P 500 traded above the 5,000 mark for a second day on Friday with boosts from megacap stocks, including Nvidia while investors were encouraged by strong earnings data and modest revisions to 2023 inflation figures.
S&P 500 traded above the 5,000 mark for a second day on Friday with boosts from megacap stocks, including Nvidia while investors were encouraged by strong earnings data and modest revisions to 2023 inflation figures.
Brazil's 3Tentos is rapidly expanding operations beyond its home state of Rio Grande do Sul in a push to make the agribusiness company bigger and more efficient, founder and CEO Luiz Dumoncel said in an interview.
There’s been a lot of chatter recently about the Magnificent 7 stocks and how they’ve been solely responsible for this incredible market rally. After all, these seven companies – which include Apple AAPL, Amazon AMZN, Meta Platfor
Network giant Cisco is planning to restructure its business which will include laying off thousands of employees, as it seeks to focus on high-growth areas, according to three sources familiar with the matter.
Nvidia is building a new business unit focused on designing bespoke chips for cloud computing firms and others, including advanced artificial intelligence (AI) processors, nine sources familiar with its plans told Reuters.
Network giant Cisco is planning to restructure its business which will include laying off thousands of employees, as it seeks to focus on high-growth areas, according to three sources familiar with the matter.
Big gains in megacap stocks such as Nvidia pushed the benchmark S&P 500 above the 5,000 mark for a second day on Friday, after modest revisions to 2023 inflation figures supported assumptions that the Federal Reserve will cut interest rates this year.
Peloton stock has continued to fall to new record lows, despite the company's turnaround plan. Will a tech giant like Apple eventually acquire the fitness equipment company?
The technology sector is back and dominating the stock market rally once again this year. Strong corporate earnings, corporate actions and optimism over artificial intelligence (AI) are driving the sector higher (read: 5 Technolog
ByteDance's TikTok has lost its bid to suspend its designation as a gatekeeper, which makes it subject to onerous obligations under EU rules, after Europe's second top court dismissed its request because it failed to show the urgency for such a move.
Expedia Group, Inc. EXPE delivered fourth-quarter 2023 adjusted earnings of $1.72 per share, up 37% from the year-ago quarter. The figure beat the Zacks Consensus Estimate by 2.99%.Revenues of $2.89 billion rose 10% year over year
Alibaba Group Holding Limited BABA reported third-quarter fiscal 2024 non-GAAP earnings of $2.67 per ADS (RMB 18.97), which missed the Zacks Consensus Estimate by 2.2%. The figure decreased 2% from the year-ago quarter’s reported
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the iShares MSCI USA Momentum Factor ETF (Symbol: MTUM) where we have detected an approximate $281.8 million dollar inflow -- that's a 2.9% increase wee
In today's video, I discuss recent updates affecting Arm Holdings (NASDAQ: ARM). Check out the short video to learn more, consider subscribing, and click the special offer link below.
Amazon.com was sued in a proposed U.S. class action accusing the online retailer of violating a consumer protection law by steering hundreds of millions of shoppers to higher-priced items in order to earn extra fees.
Paycom Software, Inc.’s PAYC total revenues for recently reported fourth-quarter 2023 results surged 19.4% year over year to $434.6 million and surpassed the Zacks Consensus Estimate of $422.6 million. The robust top-line performa
CyberArk Software Ltd. CYBR shares gained 7.6% on Thursday after the cybersecurity company delivered better-than-expected results for the fourth quarter of 2023. The company reported non-GAAP earnings of 81 cents per share and out
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