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Zacks News
Stock Market News for June 14, 2024
by Zacks Equity Research
Wall Street closed mixed on Thursday, driven by tech stocks.
Oracle (ORCL) Cloud Fuels Panasonic's Digital Transformation
by Zacks Equity Research
Oracle's (ORCL) Exadata win with Panasonic IT affirms its enterprise appeal, signaling strength in mission-critical migrations and potential for revenue growth.
Netflix and CVS Health have been highlighted as Zacks Bull and Bear of the Day
by Zacks Equity Research
Netflix and CVS Health have been highlighted as Zacks Bull and Bear of the Day
ETFs in Focus as Apple Reclaims Most Valuable Title
by Sanghamitra Saha
Apple's resurgence as the world's most valuable company has been aided by its strategic initiatives in AI and investors' faith in it.
Bitcoin Poised to Resume Rally: 4 Solid Stocks to Buy
by Ritujay Ghosh
Stocks like NVIDIA Corporation (NVDA), Interactive Brokers Group, Inc. (IBKR), Robinhood Markets, Inc. (HOOD) and Coinbase Global, Inc. (COIN) are likely to benefit once the cryptocurrency rally resumes.
TELUS International (TIXT) Rebrands to TELUS Digital Experience
by Zacks Equity Research
TELUS International (TIXT) is rebranding to TELUS Digital Experience to highlight the evolution of its business strategy focused on AI.
Ericsson (ERIC) to Modernize 2degrees' Microwave Network
by Zacks Equity Research
Ericsson (ERIC) will systematically replace and expand 2degrees' existing microwave technology with its MINI-LINK 6000 solution, ensuring a robust and efficient mobile transport network.
The Zacks Analyst Blog Highlights Stocks recently featured in the blog include: NVIDIA, Alphabet, Netflix, Coinbase and Micron Technology
by Zacks Equity Research
NVIDIA, Alphabet, Netflix, Coinbase and Micron Technology are included in this Analyst Blog.
2 AI Stocks Not Named Nvidia or SMCI to Buy on the Dip
by Benjamin Rains
The two AI-focused stocks we dive into today not named Nvidia (NVDA) or Super Micro Computer, Inc. (SMCI) have already experienced pullbacks and might be worth buying on the dip in June.
Time to Buy Broadcom's (AVGO) Stock After Strong Q2 Results?
by Shaun Pruitt
Spiking over +15% in early morning trading, Broadcom's (AVGO) stock hit all-time highs today as AI helped the semiconductor titan post stellar growth for its fiscal second quarter.
Does GitLab's (GTLB) Growing Clientele Make the Stock a Buy?
by Aniruddha Ganguly
GitLab (GTLB) is benefiting from an expanding clientele, driven by the strong adoption of its DevSecOps platform and a robust partner base.
Broadcom Jumps on Q2 Earnings Beat: ETFs to Buy
by Sweta Killa
Broadcom (AVGO) reported strong second-quarter fiscal 2024 results, topping both earnings and revenue estimates and offering an upbeat annual forecast driven by robust demand for AI products.
Workday (WDAY) Expedites Digitalization at Clemson University
by Zacks Equity Research
Clemson University selects Workday's (WDAY) solution suite to accelerate digital transformation across its finance and HR operations and deliver an enhanced experience to faculty, staff and students.
Nokia (NOK) Advances RENATER's Data Center Capabilities
by Zacks Equity Research
National Research and Education Network, RENATER, has selected Nokia's (NOK) Data Center Fabric solution to improve its data center capabilities and support AI native services.
S&P 500 Hits 5400 Level: 5 Top-Performing Stocks in ETF
by Sweta Killa
The S&P 500 crosses the 5,400 level for the first time after hitting the 5,300 threshold last month. While many stocks have powered the ETF this year, we have highlighted five that have been at the forefront of the rally.
EchoStar's (SATS) Hughes JUPITER System Deployed by Skyband
by Zacks Equity Research
EchoStar's (SATS) subsidiary Hughes aids Skyband Holding company in elevating the latter's VSAT network by deploying cutting-edge JUPITER System technology.
Simulations Plus (SLP) Buys Pro-ficiency Holdings for $100M
by Zacks Equity Research
Simulation Plus (SLP) acquires Pro-ficiency from QHP Capital for $100 million in an all-cash transaction.
Arrow Electronics (ARW) Unveils New AI-Powered Steering System
by Zacks Equity Research
Arrow Electronics (ARW) introduces a cutting-edge AI-powered steering system, potentially revolutionizing vehicle control and setting a new benchmark in mobility technology.
Fed Indicates One Rate Cut in 2024: 5 Long-Term Picks
by Nalak Das
We have narrowed our search to five U.S. corporate behemoths that have strong potential for this year and beyond. These are: NVDA, NFLX, GOOGL, COIN, MU.
The Zacks Analyst Blog Highlights NVIDIA, Apple, Netflix and Broadcom
by Zacks Equity Research
NVIDIA, Apple, Netflix and Broadcom are included in this Analyst Blog.
Zacks Earnings Trends Highlights: Meta, Nvidia, Oracle and Broadcom
by Zacks Equity Research
Meta, Nvidia, Oracle and Broadcom have been highlighted in this Earnings Trends article.
Zacks Investment Ideas feature highlights: Apple, Nvidia, INDA, EPI and SMIN
by Zacks Equity Research
Apple, Nvidia, INDA, EPI and SMIN have been highlighted in this Investment Ideas article.
Bull of the Day: Arista Networks (ANET)
by Benjamin Rains
Arista Networks shares have left the Zacks Tech sector, Microsoft, Meta, and tons of other tech titans in the dust over the past decade. The picks-and-shovels big-data and AI stock looks poised to break out to all-time highs soon.
What Will the Q2 Earnings Season Show?
by Sheraz Mian
The setup for the Q2 earnings season, whose early reports have started trickling in, is one of continued resilience coupled with a steadily improving outlook.
What Will the Q2 Earnings Season Show?
by Sheraz Mian
The setup for the Q2 earnings season, whose early reports have started trickling in, is one of continued resilience coupled with a steadily improving outlook.