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Zacks News
Technology Sector Market Gains Are Driven by Fundamentals
by Sheraz Mian
A notable feature of the Q2 earnings season has been the absence of widespread negative guidance that a section of the market has persistently been afraid of.
YELP's Q2 Earnings and Revenues Surpass Estimates, Rise Y/Y
by Zacks Equity Research
YELP's second-quarter results reflect benefits from increased advertising spending by customers in the post-pandemic scenario when the global economies are open.
Fortinet (FTNT) Q2 Earnings Beat Expectations, Sales Miss
by Zacks Equity Research
Fortinet's (FTNT) Q2 results reflect strong demand for Core and Enhanced Platform Technologies, while positive pricing actions, easing supply-chain cost pressures and discounting policies in the Product segment drive earnings higher.
Cloudflare (NET) Q2 Earnings & Sales Beat Expectations, Up Y/Y
by Zacks Equity Research
Cloudflare's (NET) second-quarter 2023 results reflect benefits from solid demand across its security portfolio amid the growing work-and-learn-from-home policies and escalating cyberattacks.
"Big Tech" Earnings Review: ETFs in Focus
by Sanghamitra Saha
Among the top five big tech stocks, Amazon, Facebook-parent Meta and Google-parent Alphabet delivered impressive results, garnering positive reactions from investors, while Apple and Microsoft disappointed investors.
Arrow Electronics (ARW) Q2 Earnings Top Estimates, Sales Miss
by Zacks Equity Research
Arrow Electronics' (ARW) second-quarter 2023 earnings are negatively impacted by lower revenues and unfavorable foreign currency exchange rates.
Sabre (SABR) Q2 Loss Narrower Than Expected, Revenues Rise Y/Y
by Zacks Equity Research
Sabre's (SABR) narrower-than-expected loss & increasing sales in Q2 reflect a gradual recovery in global air, hotel and other bookings, while economies rebound to cross-border international traveling.
Amdocs (DOX) Q3 Earnings and Revenues Surpass Estimates
by Zacks Equity Research
Amdocs' (DOX) third-quarter revenues benefit from continued strength in North America and healthy activity levels in Europe.
Zacks Earnings Trends Highlights: Microsoft, Alphabet, Meta and Nvidia
by Zacks Equity Research
Microsoft, Alphabet, Meta and Nvidia are part of the Zacks Earnings Trends article.
Earnings Estimates Reflect Stabilization
by Sheraz Mian
For the 335 S&P 500 companies that have reported Q2 results, total earnings are down -9.8% from the same period last year on +0.3% higher revenues. Soon, we'll hear from market heavyweights Apple and Amazon.
Earnings Estimates Reflect Stabilization
by Sheraz Mian
For the 335 S&P 500 companies that have reported Q2 results, total earnings are down -9.8% from the same period last year on +0.3% higher revenues. Soon, we'll hear from market heavyweights Apple and Amazon.
Tyler (TYL) Offers Student Transportation Solution to Frisco ISD
by Zacks Equity Research
Tyler's (TYL) Student Transportation solution is selected by Frisco Independent School District to advance routing efficiency and planning.
Stock Market News for Aug 2, 2023
by Zacks Equity Research
Wall Street ended mostly lower on Tuesday to start off August, a historically slow month for trade.
What Do the Q2 Earnings Reports Show?
by Sheraz Mian
We discuss whether profitability concerns have been over-done and what that means for the outlook.
This Leading AI Stock is on the Verge of Breaking Out
by Ethan Feller
C3.ai stock has an extremely compelling technical setup investors should keep an eye on
The New York Times Co. (NYT) Flourishes on Subscriber Growth
by Zacks Equity Research
The New York Times Company (NYT) foresees second-quarter 2023 subscription revenues to increase about 6-8%.
Forget Soft Landing for Economy, Think About a New Takeoff
by Nalak Das
At this stage, we have narrowed our search to five stocks. These are: META, GOOGL, KO, PEP, JNJ.
These 3 Quarterly Releases Positively Shocked the Market
by Derek Lewis
There have been several notable surprises throughout the Q2 earnings season so far, including those from these three companies.
NCR Corporation (NCR) Offers ATMaaS to Philippines' Union Bank
by Zacks Equity Research
NCR Corporation (NCR) provides ATM as a Service solution to the Union Bank of the Philippines to enhance the self-service banking operations.
ETFs to Play the IPO Market Recovery
by Neena Mishra
After a long downturn, the IPO market is showing signs of recovery.
Meta Platforms' (META) Q2 Earnings Beat, Revenues Up Y/Y
by Zacks Equity Research
Meta Platforms' (META) second-quarter 2023 performance benefits from higher advertising revenues and ad impressions.
Meta Platforms Crushes Earnings and Continues its Campaign Higher
by Ethan Feller
Meta Platforms has been the second best performing stock in the S&P 500 YTD
ETFs to Tap on Meta's Blowout Q2 Earnings
by Sweta Killa
Meta Platform (META) posted its first double-digit revenue growth since 2021, boosted by the artificial intelligence (AI) craze.
Tyler's (TYL) Q2 Earnings and Revenues Beat Expectations
by Zacks Equity Research
Tyler's (TYL) second-quarter results reflect the benefits of heightened subscription arrangements as it continues its transformation to a fully software-as-a-service-based model from a license-based model.
Stock Market News for Jul 27, 2023
by Zacks Equity Research
U.S. stocks ended mixed on Wednesday, with the S&P 500 and the Nasdaq ending slightly lower, as major indexes made a failed attempt to bounce back after the Fed hiked interest rates yet again.