Consumer stocks rose late Monday afternoon, with the Consumer Staples Select Sector SPDR Fund (XLP) increasing 0.5% and the Consumer Discretionary Select Sector SPDR Fund (XLY) adding 1.3%.
U.S. stocks rose modestly on Monday, with few catalysts to spark much conviction before this week's slew of megacap earnings, economic data and the Federal Reserve's monetary policy meeting.
By now, you've probably heard the news: The European Commission (EC) wanted Amazon (NASDAQ: AMZN) to make unspecified concessions to allay its concerns that allowing the e-commerce giant to acquire iRobot (NASDAQ: IRBT) wouldn't hinder competition among manufacturers of robot vac
(RTTNews) - E-commerce giant Amazon's (AMZN) Prime Video has started streaming limited ads alongside its shows and movies to U.S. subscribers from Monday.
Amazon AMZN is scheduled to report fourth-quarter 2023 results on Feb 1.For the fourth quarter, the company expects net sales between $160 billion and $167 billion, which represents 7-12% year-over-year growth.The Zacks Consensus
Despite the buzz over generative artificial intelligence last year, the technology's impact on the advertising business of Alphabet and Meta Platforms is likely to be muted when the companies report fourth-quarter results this week, though investors are mapping out its future potential.
U.S. main stock indexes were sluggish on Monday as investors awaited major events this week including the Federal Reserve's interest rate decision and big-ticket tech earnings that could test Wall Street's record breaking rally.
European shares surged to their highest since January 2022 and bond yields on both sides of the Atlantic eased on Monday even as markets scaled back what investors deemed had been overly ambitious bets on policy rate reductions at the end of 2023.
Mag 7 stocks, often referred to as the “Magnificent Seven,” are a select group of stocks from highly reputed, large-cap companies. These companies are typically industry leaders, boasting stable earnings, robust market presence, and strong brand equity. Their solid fi
Advanced Micro Devices AMD is expected to report growth in the Client segment, both on a year-over-year and sequential basis, in fourth-quarter 2023 earnings, set to be released on Jan 30.AMD’s fourth-quarter top-line growth is ex
Apple AAPL is set to report its first-quarter fiscal 2024 results on Feb 1.The company expects the December quarter’s (first-quarter fiscal 2024) revenues to be similar to that of the year-ago quarter’s figure. In first-quarter fi
In today's video, I discuss the semiconductor market and how it relates to Nvidia (NASDAQ: NVDA). Check out the short video to learn more, consider subscribing, and click the special offer link below.
It's official: Amazon (NASDAQ: AMZN) has ended its pursuit of iRobot (NASDAQ: IRBT) more than a year after striking a deal to buy the company for $61 per share and ultimately agreeing to pay $51.75 per share after iRobot took on debt to fund operations.
Who says January’s a long month? This week starts slow, but we’ll end it with a full-fledged Jobs Week for February. Tuesday ushers in new JOLTS data for December, Wednesday brings us private-sector ADP (ADP) payroll totals for th
U.S. main stock indexes had a sluggish start on Monday, ahead of major events this week including the Federal Reserve's rate decision and big-ticket tech earnings that could set the tone for Wall Street.
Who says January’s a long month? This week starts slow, but we’ll end it with a full-fledged Jobs Week for February. Tuesday ushers in new JOLTS data for December, Wednesday brings us private-sector ADP ADP payroll totals for this
March S&P 500 E-Mini futures (ESH24) are down -0.04%, and March Nasdaq 100 E-Mini futures (NQH24) are up +0.11% this morning as market participants braced for the Federal Reserve’s first monetary policy committee meeting of the year, a flurry of earnings reports from some of the biggest tech heavyweights, and the latest U.S. jobs report due later this week.
In its upcoming report, Amazon (AMZN) is predicted by Wall Street analysts to post quarterly earnings of $0.81 per share, reflecting an increase of 285.7% compared to the same period last year. Revenues are forecasted to be $166.2
U.S. main indexes were set for a lackluster start on Monday, ahead of major events this week including the Federal Reserve's rate decision and big-ticket tech earnings that could set the tone for Wall Street.