The S&P 500 index posted a solid return of 24% in 2023. While many Wall Street analysts are now projecting slower economic growth in 2024, the possibility of a recession seems to be quite low. Coupled with improving earnings projections for the S&P 500 stocks, analysts no
A few years ago, it seemed unlikely that Nvidia (NASDAQ: NVDA) could become as valuable as Amazon (NASDAQ: AMZN). At the beginning of 2020, Nvidia had an enterprise value of $136 billion while Amazon was worth $889 billion.
For Immediate ReleaseChicago, IL – January 25, 2024 – Zacks Director of Research Sheraz Mian says, "Total S&P 500 index earnings are currently expected to be up +0.6% from the year-earlier level on +2.3% higher revenues, which
Note: The following is an excerpt from this week’s Earnings Trends report. You can access the full report that contains detailed historical actual and estimates for the current and following periods, please click here>>>
Note: The following is an excerpt from this week’s Earnings Trends report. You can access the full report that contains detailed historical actual and estimates for the current and following periods, please click here>>>
What you need to know… The S&P 500 Index ($SPX ) (SPY ) on Wednesday closed up +0.08%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed down -0.26%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up +0.55%. Stocks on Wednesday settled mixed, with the S&P...
The S&P 500 climbed to its fourth straight record high close on Wednesday, as Netflix surged following blowout quarterly results and a strong report from ASML fueled gains in chipmakers.
The S&P 500 climbed to its fourth straight record high close on Wednesday, as Netflix surged following blowout quarterly results and a strong report from ASML fueled gains in chipmakers.
The S&P 500 hit another record high on Wednesday, as Netflix surged following blowout quarterly results, while a strong report from ASML fueled gains in chipmakers.
Bitcoin and cryptocurrencies are the most volatile assets. In January, a long-awaited bullish event caused a buy-the-rumor, sell-the-fact reaction as the SEC approved spot Bitcoin ETFs.
Wall Street rallied on Wednesday, with the benchmark S&P 500 scaling record intraday levels, as Netflix surged after smashing expectations for subscriber growth and chip stocks gained on ASML's strong earnings.
It hasn't been easy to be an investor in Intel (NASDAQ: INTC) over the last few years. The company was responsible for over 80% of the central processing unit (CPU) market for at least a decade, and was the primary chip supplier for Apple's MacBook lineup for years. However, Inte
Celestica, Inc. CLS is set to report fourth-quarter 2023 results on Jan 29, after the closing bell. In the last reported quarter, the company beat the Zacks Consensus Estimate of 61 cents and delivered a trailing four-quarter earn
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 Quality Factor ETF (Symbol: QUAL) where we have detected an approximate $309.6 million dollar inflow -- that's a 0.8% increase week
Wolfspeed WOLF and Infineon Technologies AG recently announced an extension and expansion of their long-term 150-millimeter (mm) silicon carbide wafer supply agreement, originally established in February 2018.The strategic move wi
Wall Street rallied on Wednesday with the benchmark S&P 500 scaling record intraday levels, as Netflix surged after smashing expectations for subscriber growth, while chip stocks gained on ASML's strong earnings.
In today's video, I discuss recent news affecting Advanced Micro Devices (NASDAQ: AMD) and a few other semiconductor companies. Check out the short video to learn more, consider subscribing, and click the special offer link below.
Wall Street was poised for a record-breaking rally on Wednesday as Netflix surged after smashing expectations for subscriber growth, while chip stocks gained on ASML's strong earnings.