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Zacks News
These 3 Large-Caps Roared in April
by Derek Lewis
These stocks' performances raise a valid question: can they keep climbing, or has the move already ended?
Knowles (KN) Revenues Falter Y/Y, Q1 Earnings Beat Estimates
by Zacks Equity Research
Knowles (KN) reported lower revenues year over year in the first quarter 2023 due to sluggish demand trends in consumer electronic end markets and elevated inventory levels.
Wall Street Bulls Look Optimistic About Meta Platforms (META): Should You Buy?
by Zacks Equity Research
According to the average brokerage recommendation (ABR), one should invest in Meta Platforms (META). It is debatable whether this highly sought-after metric is effective because Wall Street analysts' recommendations tend to be overly optimistic. Would it be worth investing in the stock?
Stock Market News for Apr 28, 2023
by Zacks Equity Research
U.S. stock markets closed sharply higher on Thursday following strong earnings results by big techs.
Cloudflare (NET) Q1 Earnings Beat Expectations, Sales Rise Y/Y
by Zacks Equity Research
Cloudflare's (NET) first-quarter 2023 results reflect benefits from solid demand across its security portfolio amid the growing work-and-learn-from-home policies and escalating cyberattacks.
Markets Close in the Green; AMZN, INTC & More Beat on Earnings
by Mark Vickery
This was a strong enough trading day to pull major indices into positive territory for the past five trading days.
Meta Earnings Review: Time to Take Profits, or Hold Tight?
by Ethan Feller
After experiencing a nearly -80% drawdown in 2022, META has made an epic comeback, now up 99% YTD
Highly-Ranked Growth Tech Stocks to Buy and Hold as the Bulls Fight Back
by Benjamin Rains
The two highly-ranked tech stocks we explore today operate in critical areas of the economy and boast strong growth outlooks to extend impressive streaks. And neither stock is bloated in terms of valuation.
Meta Platforms (META) Q1 Earnings Beat, Revenues Rise Y/Y
by Zacks Equity Research
Meta Platforms' (META) first-quarter 2023 results benefit from higher advertising revenues despite challenging macroeconomic conditions, adverse forex and stiff competition.
Stinky Breadth: FAANG Masks Market Weakness Beneath the Surface
by Andrew Rocco
A few large cap stocks can mask the market's weakness beneath the surface. Learn how to distinguish whether the market is healthy or weak.
Tyler's (TYL) Q1 Earnings Beat, Revenues Miss Estimates
by Zacks Equity Research
Tyler's (TYL) first-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.
Meta Surges on Strong Q1 Earnings: ETFs to Buy
by Sweta Killa
Meta Platforms (META) reported solid first-quarter 2023 results, wherein it outpaced revenue and earnings estimates as well as issued upbeat revenue guidance. META shares spiked as much as 11% to their highest level since January 2022 in aftermarket hours on elevated volume.
Buy Shopify Stock Down 70% Before Earnings for Huge Long-Term Upside?
by Benjamin Rains
Shopify has been punished for slowing growth, but its outlook showcases continued expansion. It might be time for some risk-taking investors to consider scooping up SHOP as it trades for under $50 per share for possible long-term upside.
Markets Continue Steady Slide; META, EBAY Beat Q1 Earnings
by Mark Vickery
Except the Nasdaq, which snapped a two-day losing streak and was the only major index in the green all day.
Meta Platforms (META) Surpasses Q1 Earnings and Revenue Estimates
by Zacks Equity Research
Meta Platforms (META) delivered earnings and revenue surprises of 34.69% and 4.21%, respectively, for the quarter ended March 2023. Do the numbers hold clues to what lies ahead for the stock?
Juniper's (JNPR) Q1 Earnings Top Estimates on Solid Revenues
by Zacks Equity Research
Juniper (JNPR) reported higher revenues year over year in the first quarter 2023 driven by solid growth in Service Provider and Enterprise verticals.
Leveraged Tech ETFs to Cash in on Upbeat Big Tech Earnings
by Sanghamitra Saha
Leveraged tech ETFs gained handsomely after hours on Apr 25 due to upbeat releases from Alphabet and Microsoft.
Zacks Investment Ideas feature highlights: Meta Platforms and Snap
by Zacks Equity Research
Meta Platforms and Snap have been highlighted in this Investment Ideas article.
Markets Close at Session Lows: Good Earnings for MSFT, GOOGL & More
by Mark Vickery
Odds are firming rapidly that another 25 basis-point (bps) hike to the Fed funds rate a week from tomorrow will set the highest interest rate levels in over 15 years.
How to Invest in the Metaverse with ETFs
by Neena Mishra
Metaverse ETFs have outperformed in 2023; here's why
Time to Buy Meta Platforms Stock with Q1 Earnings Approaching?
by Shaun Pruitt
Off to a stellar start in 2023, Meta Platforms (META) first-quarter earnings are much anticipated with the social media titan set to report on Wednesday, April 26.
Microsoft (MSFT) to Downsize Office Space With Redmond Exit
by Zacks Equity Research
Microsoft (MSFT) announces shedding of more office space by subleasing all offices in Millennium Corporate Park in Redmond.
Will Lower Ad Revenues Hurt Meta Platforms (META) Q1 Earnings?
by Zacks Equity Research
Meta Platforms' (META) first-quarter 2023 earnings are expected to have been affected by the ad revenue business slowdown and adverse macroeconomic conditions.
EPAM Systems (EPAM) & Sitecore Form Global Strategic Alliance
by Zacks Equity Research
EPAM Systems (EPAM) enters into an enhanced global strategic alliance with Sitecore to drive large-scale digital transformation among enterprise customers.
Synopsys (SNPS), Ansys and Taiwan Semiconductor Brace Tie-Up
by Zacks Equity Research
Synopsys (SNPS) strengthens collaboration with Taiwan Semiconductor and Ansys for manufacturing multi-die system solutions.