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Zacks News
Dow Jones Logs Best Month Since 1976: ETFs to Bet On
by Sweta Killa
The Dow Jones Industrial Average wrapped up its best month since 1976, surging about 14% in October.
Stock Market News for Nov 1, 2022
by Zacks Equity Research
U.S. stocks ended lower on Monday but the Dow managed to record its best October performance ever, while the S&P 500 and Nasdaq also closed out a strong month of gains.
Dow Notches Strongest Month of Trading Since 1976
by Mark Vickery
At +11%, it's the best October on record for the blue-chip index and the strongest single-month of trading since the U.S. Bicentennial.
Q3 Earnings Trigger Wave of Estimate Cuts; Fed in Center Focus
by Mayur Thaker
Combination of slowing growth and removal of liquidity by the Fed continue to put pressure on stocks in the short-to-medium term.
Weak Client Segment Revenues to Hurt AMD Q3 Earnings Growth
by Zacks Equity Research
Advanced Micro Devices (AMD) third-quarter 2022 earnings are expected to have been affected by lower-than-expected client segment revenues.
Earnings Erase $350B From Big Tech: 5 ETFs With Strength
by Sweta Killa
Tech titans had a dismal week, buoyed by weak earnings results and a disappointing outlook. The so-called "GAMMA" stocks collectively shed about $350 billion in market value last week.
Stock Market News for Oct 31, 2022
by Zacks Equity Research
Wall Street closed sharply higher on Friday after economic data hinted at slowing inflation and impressive earnings reports from a batch of companies gave investors' confidence a boost ahead of next week's two-day policy meeting of the Fed.
Meta Platforms, Inc. (META) is Attracting Investor Attention: Here is What You Should Know
by Zacks Equity Research
Meta Platforms (META) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.
Amazon, Meta, Alphabet and Microsoft are part of Zacks Earnings Preview
by Zacks Equity Research
Amazon, Meta, Alphabet and Microsoft are highlights of Zacks Earnings Preview article.
Bull of the Day: AspenTech (AZPN)
by Kevin Cook
Integration of Emerson assets launches EPS for this key player in AI-driven performance management
Can META Stock Bounce Back After Its Latest Tumble?
by Shaun Pruitt
In a busy week of big tech earnings, investors turned their attention to Meta Platforms (META) and its dreadful Q3 earnings report. META has now tumbled 72% from its highs after the post-earnings decline this week and its lowest levels since 2016.
Making Sense of Big Tech Earnings After Amazon and Meta Tumble
by Sheraz Mian
The earnings bombshells from Amazon and Meta and sub-par releases from Alphabet and Microsoft have forced us all to revisit our long-held assumptions about the sustainability of these technology leaders' earnings power...
Stock Market News for Oct 28, 2022
by Zacks Equity Research
The Dow closed higher for the fifth-straight session on Thursday as fresh data showed that the GDP grew faster than expected in the third quarter, which gave investors' confidence a boost.
Meta Platforms' (META) Q3 Earnings Miss, Revenues Down Y/Y
by Zacks Equity Research
Meta Platforms' (META) third-quarter 2022 performance suffers from lower ad spending, challenging macroeconomic conditions, ad-targeting headwinds and stiff competition.
Meta Sinks After Dismal Q3 Earnings: ETFs in Focus
by Sweta Killa
Meta Platforms (META) reported its second consecutive quarterly drop in revenues and provided a gloomy forecast.
Meta, Ford Miss; ServiceNow Mixed but Jumps +12%
by Mark Vickery
META shares first bounced +6% in late trading to -11% now. Shares are down -61% year to date.
Meta Platforms (META) Lags Q3 Earnings Estimates
by Zacks Equity Research
Meta Platforms (META) delivered earnings and revenue surprises of -12.77% and 1.13%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?
Trade Balance Comes in Negative
by Zacks Equity Research
Trade Balance Comes in Negative.
Trade Losses Widen, Boeing (BA) Reports Challenging Q3
by Mark Vickery
Boeing (BA) posted one of the worst-looking earnings reports of Q3 thus far: negative earnings of -$6.18 per share was several orbits away from what was expected.
Can Meta Stock Get Its Mojo Back with Q3 Earnings?
by Shaun Pruitt
Trading 61% from its highs, investors will be closely watching Meta Platforms (META) Q3 earnings release on October 26. Shareholders have pointed out META significantly underperforming the Nasdaq and are calling for the company to focus on its core business Facebook.
Will Lower Ad Revenues Hurt Meta Platforms (META) Q3 Earnings?
by Zacks Equity Research
Meta Platforms (META) third-quarter 2022 earnings are expected to have been affected by ad revenue business slowdown and global macro-economic condition.
Big-Tech Earnings Week Commences
by Zacks Equity Research
Big-Tech Earnings Week Commences.
Big Week: Ex-FANG Stocks to Report Q3 Earnings
by Mark Vickery
Alphabet (GOOGL) reports earnings on Tuesday, Meta (FB) on Wednesday and both Apple (AAPL) and Amazon (AMZN) Thursday.
Alphabet, Microsoft, Meta Platforms, Apple and Amazon are part of Zacks Earnings Preview
by Zacks Equity Research
Alphabet, Microsoft, Meta Platforms, Apple and Amazon are highlighted at Zacks Earnings Preview article.
Can Earnings Boost Microsoft (MFST) Stock?
by Shaun Pruitt
Wall Street wants to see Microsoft produce strong earnings for the quarter and more importantly reaffirm its FY23 guidance as the economic downturn and operating environment has worsened since the company gave its outlook.