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Zacks News
Apple’s business primarily runs around its flagship iPhone. However, the Services portfolio that includes revenues from cloud services, App store, Apple Music, AppleCare, Apple Pay, and licensing and other services now became the cash cow. Moreover, non-iPhone devices like Apple Watch and AirPod gained significant traction. In fact, Apple dominates the Wearables and Hearables markets due to the growing adoption of Watch and AirPods. Solid uptake of Apple Watch also helped Apple strengthen its presence in the personal health monitoring space.
Amazon OKs Season 5 of Award-Winning Series Transparent
by Zacks Equity Research
Amazon.com Inc.'s (AMZN) film production division, Amazon Studios, has greenlit the fifth season of its Golden Globe Award and multi-Emmy Award winning TV series, Transparent
How Boeing & a Few Others Sent the Dow ETF Higher
by Sanghamitra Saha
Boeing, Apple, UnitedHealth Group, McDonald's and Visa shares were instrumental in making the Dow ETF a better performer than S&P 500 lately.
Apple (AAPL) to Ferry Employees in Self Driving Test Vehicles
by Zacks Equity Research
Apple's (AAPL) interest in self driving cars is logical as it is now being labeled as a big opportunity. With iPhone facing tough competition, Apple is under pressure to find newer growth avenues.
HP (HPQ) Tops Q3 Earnings, Records Strong Revenue Growth
by Zacks Equity Research
HP Inc.'s (HPQ) restructuring initiatives, such as product innovations, pricing, marketing and sales activities, are apparently paying off as indicated by the third-quarter fiscal 2017 results.
Sprint's (S) Prepaid Arm Extends Unlimited Service Offer
by Zacks Equity Research
In a competitive wireless industry Sprint's (S) effort to lure customers by offering the unlimited service to its existing iPhone owners is expected to aid the company boost its prepaid market share.
5 S&P 500 Stocks to Profit from Trump's Tax Plan
by Swarup Gupta
One of the key beneficiaries of such tax reforms would be companies with substantial overseas cash reserves.
Apple's Investment in Original Content to Boost Services
by Zacks Equity Research
Apple (AAPL) announced its plans to invest $1 billion in original programming next year in an attempt to explore newer revenue streams.
Alphabet's (GOOGL) Newest Sugary Treat is Android Oreo
by Zacks Equity Research
Android is the most extensively used mobile operating system in the world, one of the many positives that Alphabet's (GOOGL) Google is currently riding on.
T-Mobile US (TMUS) Unveils Latest Offers on Smartphones
by Zacks Equity Research
While lucrative promotions should lure more subscribers, aggressive promotional offers may impede T-Mobile US' (TMUS) margins in the coming quarters due to increasing smartphone launches.
Retail ETFs to Buy on Back-to-School Shopping Spree
by Sweta Killa
All the attractive offers will definitely boost sales of all types of retailers, leading to a surge in their stock prices.
Broadcom (AVGO) to Report Q3 Earnings: What's in the Cards?
by Zacks Equity Research
Broadcom's (AVGO) third-quarter earnings is expected to benefit from seasonal strength in broadband access and sustained cloud data center spending.
Can Dolby's (DLB) Rich Content Pipeline Counter Headwinds?
by Zacks Equity Research
Impressive market traction of offerings under three of Dolby's (DLB) businesses - Dolby Voice, Dolby Vision and Dolby Cinema - have proved to be catalysts. However, lower recovery remains an overhang.
Upcoming Earnings Reports to Watch: CRM, AVGO, ULTA, HPE
by Ryan McQueeney
At this point, well over 90% of the S&P 500 members have reported their latest results, but there are still several marquee reports to anticipate. Make sure to keep an eye on these companies as they prepare to report during the week of August 21.
Skyworks Banks on Product Strength, iPhone 8 Delay May Hurt
by Zacks Equity Research
Skyworks's (SWKS) growth is being driven by strong product demand, improving market penetration and significant growth opportunity in IoT. However, high concentration risks remain a concern.
The Zacks Analyst Blog Highlights: Cisco, Apple, Microsoft, Amazon and Facebook
by Zacks Equity Research
The Zacks Analyst Blog Highlights: Cisco, Apple, Microsoft, Amazon and Facebook
Here's Why Tech Stocks Are Dipping Today
by Ryan McQueeney
U.S. stocks are falling across the board on Thursday amid continued political turmoil and weak earnings results, and a quick glance at the major indexes reveals that the tech-heavy Nasdaq Composite (COMPX) is poised to be today's biggest loser.
The Zacks Analyst Blog Highlights: Apple, Salesforce, Adobe Systems, AppFolio and Take-Two Interactive
by Zacks Equity Research
The Zacks Analyst Blog Highlights: Apple, Salesforce, Adobe Systems, AppFolio and Take-Two Interactive
Alphabet (GOOGL) Continues its AI Push, Acquires AIMatter
by Zacks Equity Research
Alphabet (GOOGL) is well on track with its transition from "Mobile-first" to "AI-First".
Cisco (CSCO) Meets Q4 Earnings Estimates, Revenues Beat
by Zacks Equity Research
Cisco's (CSCO) fourth-quarter earnings were hurt by lower switching, routing and data center revenues, which were partially offset by strength in the security portfolio.
Stock Market News For August 17, 2017
by Zacks Equity Research
The Dow crossed the psychological 22,000 milestone for the fourth time this year on Wednesday, rebounding from the lows it hit the last week due to rhetoric between Pyongyang and Washington
Qualcomm (QCOM) to Acquire Scyfer B.V., Boosts AI Research
by Zacks Equity Research
Qualcomm (QCOM) is on track to advance its Artificial Intelligence (AI) Research and development to further explore cutting-edge machine learning technologies.
5 Tech Stocks That Just Hit All-Time Highs
by Ryan McQueeney
As the major indexes continue to flirt with all-time highs nearly every day, it should come as no surprise that many individual stocks are touching new heights on a regular basis. Check out these five tech stocks that just hit new all-time highs today!
Google Might Pay Samsung $3.5 Billion in Licensing Fees This Year
by Megan Sanks
Alphabet's (GOOGL) Google has renewed its license payment contract with Samsung (SSNLF) to ensure that the South Korean tech company preinstalls Google's search engine on its smartphones.
Trial for AT&T's $3.95B Deceptive Ad Fine Starts (revised)
by Zacks Equity Research
Deceptive advertising practices to mislead customers takes a bitter turn as FTC fines AT&T (T) up to $3.95 billion, as monetary relief for affected customers.
Here's Why Investors Should Offload Akamai (AKAM) Stock
by Zacks Equity Research
Akamai (AKAM) stock was downgraded due to continuing weakness in the media business, which hurt its second-quarter sales.