U.S. stocks slipped on Jul 27, following the U.S. Federal Reserve’s 11th consecutive rate hike that was quite successful in overshadowing the news of stronger-than-expected U.S. economic growth data. Considering the current situation, an…
Personal Consumption Expenditures (PCE) for June are out this morning, coming in higher on the headline: +0.2% versus +0.1% estimated. Essentially this is the wrong direction if we want to see inflation metrics continue…
Netflix announces a change in subscriber plans for its Canadian customers, sparking some furor.
Here are Elon Musk's top five memorable moments.
The newly-launched crypto casino Coco has made a splashy debut, achieving a staggering transaction volume of $36 million within just 12 hours of its launch.
The fact that GDP significantly beat expectations lends credence to the soft landing narrative.
Florida’s Back-to-School Sales Tax Holiday is in full swing now.
The Federal Reserve’s preferred inflation gauge fell in June to the lowest reading in more than two years.
Irrespective of whether it is a start-up or a well-known company, earnings growth is the main priority for any organization. This is because if the company doesn’t make money, it won’t last in the…
Small-cap value mutual funds provide excellent choices for investors looking for bargains, i.e., stocks at a discount with impressive growth potential. Value mutual funds comprise stocks trading at a discount to book value, low…
After General Motors (US:GM) delivered “beat-and-raise” second-quarter results on the morning of July 25, GM stock is nonetheless well below the levels at which it closed on July 24. Interestingly, the put/call ratio of…
Glancing at tomorrow’s earnings calendar a number of top-rated stocks are set to release their quarterly reports. Most eyes will be on the energy sector with big oil titans Chevron (CVX) and Exxon Mobil…
Loblaw Companies (CA:L, US:LBLCF) provided shareholders with a lot to be happy about in its second-quarter 2023 results reported on July 26. However, behind the scenes, a potential rift grows with Canada’s biggest grocer’s…
Investors and day traders on the prowl for stocks that may have been oversold after reporting earnings had quite a few to pick through this morning. Several well-known companies saw their stocks fall today…
The Zacks Research Daily presents the best research output of our analyst team. Today’s Research Daily features new research reports on 16 major stocks, including The Home Depot, Inc., Philip Morris International Inc. and…
Higher infrastructural activities are expected to partly offset the challenges associated with slow residential activities compared with the year ago in the Construction sector during the second quarter of 2023. Per the latest Earnings…
Technology stocks have been big-time performers year-to-date, rewarding investors with gains following a dreadful 2022. Take, for example, the Zacks Computer & Technology sector, which is up 41% in 2023 compared to the S&P…
The Fed, as widely expected, hiked interest rates by 25 basis points on Jul 26, and indicated more hikes in the near term. The Fed has now increased interest rates for the 11th time…
Earnings season can sometimes feel hectic, with a surplus of companies unveiling quarterly results daily. Still, that’s just the nature of the period, and seasoned investors have become well used to this chaotic nature.…
The Writers Guild of America – which represents writers who work in film, television, radio, and online media – went on strike in early May, affecting dozens of television and film productions. Some of…
