Cruise stocks have pulled back sharply as investors weigh the risk of travel disruptions stemming from the war in Iran, which has largely spilled over into the broader market outside of the transportation sector. Optimistically, Carnival Corporation CCL) reported favorable Q1 results on Friday, highlighting record revenue and bookings, stronger-than-expected yields, and the launch of ...
Apple’s AAPL top-line is benefiting from an expanding enterprise footprint. In the first quarter of fiscal 2026, the company saw strong adoption with Snowflake deploying more than 9,000 Mac devices while AstraZeneca rolled out more than 5,000 M5-powered iPad Pros to its pharmaceutical sales team. Mexico’s largest domestic retailer – Coppel – added MacBook Air ...
Meta Platforms META is spending heavily on building its AI infrastructure, and its latest partnership with Arm is a step forward in developing AI-optimized data centers. META and Arm are collaborating to develop a new class of CPUs to support growing AI workloads and general-purpose computing. The first release of this multiple generations of cutting-edge ...
Key Points Ever since ChatGPT launched in Nov. 2022, one AI stock has stood head and shoulders above the others. That’s Nvidia (NASDAQ: NVDA), as the GPU-maker has jumped nealry 1,000% since then, adding more than $4 trillion in market cap to make it the most valuable company. Will AI create the world’s first trillionaire? ...
Key Points The frothy valuations that were daunting just a few months ago have already been dialed back quite a bit. Even so, most of the tech sector’s stocks are in a holding pattern somewhere between being reasonably priced and unusually expensive. Whether or not the market is willing to push technology stocks any higher ...
Here’s a quick recap of the crypto landscape for Monday (March 23) as of 9:00 p.m. UTC. Get the latest insights on Bitcoin, Ether and altcoins, along with a round-up of key cryptocurrencymarket news Bitcoin (BTC) was priced at US$70,731.91, up by 3.7 percent over the last 24 hours. Chart via TradingView. Bitcoin price performance, ...
AmeriServ Financial, Inc. (ASRV) is a bank holding company that owns and operates AmeriServ Financial Bank, a full-service financial institution offering retail and commercial banking, lending, and wealth management services, serving primarily southwestern Pennsylvania and parts of Maryland. Image Source: Zacks Investment Research Importantly, borrowed funds declined to $75.3 million from $101.7 million in ...
Editor’s Note: Every technological revolution runs into the same problem eventually: the real world. The internet needed fiber-optic cables. Smartphones needed wireless networks. Electric vehicles needed lithium mines and charging stations. Artificial intelligence is no different. Right now, AI demand is exploding across the global economy. But behind the scenes, the industry is already colliding ...
Key Points Nvidia’s GPU is the current dominant AI hardware, but many companies are looking to move away from it. Broadcom is one of the most prominent chip designers out there and works with Alphabet, OpenAI, and Anthropic. Taiwan Semiconductor is the most dominant chip manufacturer in the world and makes chips for Broadcom and ...
Netflix (NFLX) has been one of the most searched-for stocks on Zacks.com lately. So, you might want to look at some of the facts that could shape the stock’s performance in the near term. Over the past month, shares of this internet video service have returned +6%, compared to the Zacks S&P 500 composite’s +3.5% ...
