Despite missing its first quarter expectations on Tuesday, Spotify SPOT stock has risen +3% since its Q1 report to over $600 a share. That said, investors may be wondering if the rally in the music streaming giant’s stock can continue with SPOT up more than +35% year to date, to largely outperform the declines among the ...
Wall Street’s Q1 earnings season shifts into high gear as investors brace for quarterly results from the mega-cap tech companies. While most of the focus will be on the ‘Magnificent 7’ group of stocks, there are several undervalued growth names poised to deliver strong profit and sales growth. As such, investors should consider adding these ...
Juniper Networks, Inc. JNPR is set to release its first-quarter 2025 results on May 1, after the closing bell. The leading provider of networking solutions and communication devices is expected to report top-line growth year over year, driven by solid demand in multiple verticals. The company’s strong focus on AI advancement through innovation and strategic ...
With the marketwide sell-off, plenty of red-hot growth stocks have sold off and don’t have near the premium attached to them as they once did. This is excellent news for investors, as they might regain that premium when the market recovers, giving investors a nice profit. I think Nvidia (NASDAQ: NVDA) and MercadoLibre (NASDAQ: MELI) ...
Looking at units outstanding versus one week prior within the universe of ETFs covered at ETF Channel, the biggest outflow was seen in the Invesco QQQ, where 9,300,000 units were destroyed, or a 1.5% decrease week over week. Among the largest underlying components of QQQ, in morning trading today Apple is up about 0.5%, and ...
Netflix (NASDAQ: NFLX) has changed the media landscape, not once but twice. First it altered the way consumers rented DVDs and then it basically helped to create the streaming business. Both times it used a subscription model. And that model is what makes this company so resilient during economic downturns. It could be the perfect ...
The way we build and protect wealth is changing fast. For decades, financial security meant navigating traditional systems: banks, brokerage accounts, pension funds, and maybe a few real estate plays. That was Wealth 1.0. Then came Wealth 2.0—the digital layer. Robo-advisors, fintech apps, ETFs at your fingertips. Access improved. Friction dropped. But now, a third ...
Pfizer PFE shares spiked +3% in Tuesday’s trading session as the pharmaceutical giant was able to crush its Q1 earnings expectations this morning. Still, Pfizer stock has fallen 10% year to date and hasn’t provided the defensive hedge that many of its Zacks Large Cap Pharmaceutical peers have been able to provide, such as AbbVie ABBV, ...
General Motors GM is slated to release first-quarter 2025 results on April 29, before the opening bell. The Zacks Consensus Estimate for the to-be-reported quarter’s earnings and revenues is pegged at $2.66 per share and $42.37 billion, respectively. The consensus estimate for the to-be-reported quarter’s earnings has moved north by 2 cents over the past seven days. The ...
Alibaba (BABA) is one of the stocks most watched by Zacks.com visitors lately. So, it might be a good idea to review some of the factors that might affect the near-term performance of the stock. Shares of this online retailer have returned -12.1% over the past month versus the Zacks S&P 500 composite’s -4.8% change. ...
