For Immediate ReleaseChicago, IL – July 28, 2023 – Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the finan
Wall Street opened higher on Friday after data signaling easing inflation pressures added to hopes that the Federal Reserve's policy tightening was ending, while chip stocks rose as Intel posted a surprise quarterly profit.
Intel shares rose over 4% on Friday, a day after the chipmaker's unexpectedly strong quarterly report heralded a turnaround in fortunes after a long, margin-sapping struggle due to plummeting PC sales and a highly competitive data center market.
NCR Corporation NCR recently announced that the Union Bank of the Philippines has selected the company’s ATM as a Service (ATMaaS) solution to revolutionize, connect and streamline the self-service banking operations.
Wall Street was set to open higher on Friday after data
showing easing inflation pressures added to hopes that the
Federal Reserve's policy tightening was ending, while chip
stocks surged as Intel posted a surprise quarterly profit.
Two U.S. lawmakers who head a committee focused on China on
Friday urged the Biden administration to tighten export
restrictions on artificial intelligence chips in the wake of
industry lobbying to leave the rules unchanged.
Below is Validea's guru fundamental report for NVIDIA CORP (NVDA). Of the 22 guru strategies we follow, NVDA rates highest using our Quantitative Momentum Investor model based on the published strategy of Wesley Gray. This momentum model looks for stocks with strong and consiste
No one can deny how vital GPUs (graphics processing units) are to anything involving artificial intelligence (AI). This hardware is used in conjunction with thousands of other GPUs to process the calculations necessary to train AI models. Usually, when discussing GPUs, most peopl
The Fed reinitiated its interest rate hike regime in the July FOMC meeting after a pause in the June FOMC. On Jul 26, the Fed raised the benchmark lending rate by 25 basis points to the range of 5.25-5.5%. This marked the highest
U.S. stock index futures rose on Friday and put Wall Street on track for a higher close for the week, which was dominated by the Federal Reserve's signals on a possible end to rate hikes and mixed earnings reports from marquee tech companies.
For Immediate ReleaseChicago, IL – July 28, 2023 – Zacks Market Edge is a podcast hosted weekly by Zacks Stock Strategist Tracey Ryniec. Every week, Tracey will be joined by guests to discuss the hottest investing topics in stocks
U.S. stock index futures rose on Friday, setting Wall Street on course to end a data- and earnings-heavy week higher, with investors eagerly awaiting key inflation figures later in the day.
Chipmaker Intel on Thursday posted a surprise quarterly profit as a PC market slump started to ease, and forecast third-quarter earnings above Wall Street expectations, sending its shares up about 6%.
Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Axos Financial Inc (Symbol: AX), where a total volume of 10,652 contracts has been traded thus far today, a contract volume which is representative of approxima
Intel (INTC) came out with quarterly earnings of $0.13 per share, beating the Zacks Consensus Estimate of a loss of $0.04 per share. This compares to earnings of $0.29 per share a year ago. These figures are adjusted for non-recur
What happened
So much of what is happening in the stock market these days is tied to advancements in artificial intelligence (AI). On the heels of their worst performances in more than a decade, the major market indexes are now squarely in rally mode, driven by the prospects of w
U.S. stocks ended lower on Thursday after news that the Bank
of Japan will allow long-term interest rates to rise sent U.S.
yields higher, snapping the longest winning streak for the Dow
since 1987.
Chipmaker Intel forecast third-quarter profit above Wall Street expectations on Thursday as a slump in the PC market started to ease, sending its shares up 8% in extended trading.
U.S. stocks ended lower on Thursday after news that the Bank
of Japan will allow long-term interest rates to rise sent U.S.
yields higher, snapping the longest winning streak for the Dow
since 1987.