Key Points The Nasdaq fell 2.6% mid-day while the S&P 500 dropped 1.4% and the Dow declined 1.0%. Alphabet dropped 7.0% despite 82% cloud revenue growth as negative free cash flow and raised capex guidance spooked investors. Brent crude briefly touched $100 per barrel on Red Sea tanker attacks. 10 stocks we like better than ...
Alphabet (GOOGL) reports earnings this afternoon, and expectations are high. Consensus estimates call for revenue of $101.28 billion, representing 23.9% year-over-year growth, and earnings of $2.87 per share, a 24.2% increase from the prior-year period. Last year marked a breakout period for Alphabet, as its vertically integrated ecosystem of proprietary hardware, software and large language ...
Key Points Buzz is building around a new cloud computing business from Meta Platforms (NASDAQ: META), and it looks like the stars are aligning for it to make the announcement on July 29 when it reports second-quarter earnings. The Facebook-parent has yet to make a formal acknowledgment about adding cloud infrastructure operations, but CEO Mark ...
Key Points The CPU-to-GPU ratio in AI data centers is shifting in favor of CPUs, and that’s great news for Intel investors. Intel remains the dominant player in the server CPU market. Analysts haven’t raised their Q2 EPS estimates by much for Intel, potentially paving the way for a big earnings beat. 10 stocks we ...
Here are five stocks added to the Zacks Rank #1 (Strong Buy) List today: Kronos Worldwide, Inc. KRO: This company that produces and markets titanium dioxide pigments internationally has seen the Zacks Consensus Estimate for its current year earnings increasing 190.9% over the last 60 days. Kronos Worldwide Inc Price and Consensus Kronos Worldwide Inc ...
Key Points The “Magnificent Seven” tech stocks led the S&P 500 higher in recent years amid excitement about their involvement in the high-growth field of artificial intelligence (AI). But over the past several months, many of these players have lost some momentum — and this has brought down their valuations. For the strongest of companies, ...
Key Points Microsoft is the poorest-performing “Magnificent Seven” stock so far this year. Investors are concerned about the payoffs for its artificial intelligence (AI) infrastructure spending. Azure continues to grow impressively, while Microsoft’s other AI-enabled offerings could drive revenue increases and margin expansion. 10 stocks we like better than Microsoft › Microsoft (NASDAQ: MSFT) stock ...
Key Points Netflix grew its revenue by 13% last quarter, but expects its growth rate to slow down for the current quarter. The stock is down sharply this year as concerns about the company’s future growth weigh on its valuation. 10 stocks we like better than Netflix › Netflix (NASDAQ: NFLX) reported earnings last week, ...
Here are three stocks with buy ranks and strong growth characteristics for investors to consider today, July 13: Ford Motor Company F: This automobile giant carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 2.5% over the last 60 days. Ford Motor Company Price and Consensus ...
Here are five stocks added to the Zacks Rank #1 (Strong Buy) List today: B2Gold Corp. BTG: This gold producer has seen the Zacks Consensus Estimate for its current year earnings increasing 11.5% over the last 60 days. B2Gold Corp Price and Consensus B2Gold Corp price-consensus-chart | B2Gold Corp Quote Kinross Gold Corporation KGC: This ...
