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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.
The Zacks Analyst Blog Highlights ADP, Apple, Amazon, Intel and DoorDash
by Zacks Equity Research
ADP, Apple, Amazon, Intel and DoorDashare part of the Zacks top Analyst Blog.
Should Invesco NASDAQ 100 ETF (QQQM) Be on Your Investing Radar?
by Zacks Equity Research
Style Box ETF report for QQQM
Should Goldman Sachs ActiveBeta U.S. Large Cap Equity ETF (GSLC) Be on Your Investing Radar?
by Zacks Equity Research
Style Box ETF report for GSLC
Markets Tumble on... Recession Fears? Plus AAPL, AMZN, INTC Earnings
by Mark Vickery
By the time the Fed next has a chance to cut rates, will it be too late? Plus earnings from Apple (AAPL), Amazon (AMZN) and more.
Apple (AAPL) Q3 Earnings: Taking a Look at Key Metrics Versus Estimates
by Zacks Equity Research
While the top- and bottom-line numbers for Apple (AAPL) give a sense of how the business performed in the quarter ended June 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Apple (AAPL) Q3 Earnings and Revenues Surpass Estimates
by Zacks Equity Research
Apple (AAPL) delivered earnings and revenue surprises of 4.48% and 1.59%, respectively, for the quarter ended June 2024. Do the numbers hold clues to what lies ahead for the stock?
Here's Why Apple (AAPL) is a Bullish Stock in a Tough August
by Tirthankar Chakraborty
From launching a new AI platform to providing strategic discounts in China, things look hunky-dory for Apple (APPL) in a moribund August.
AMETEK (AME) Q2 Earnings Surpass Estimates, Sales Rise Y/Y
by Zacks Equity Research
AMETEK's (AME) second-quarter results benefit from strength in the EMG segment amid inventory corrections.
Lam Research (LRCX) Q4 Earnings Beat, Revenues Increase Y/Y
by Zacks Equity Research
Lam Research's (LRCX) fiscal fourth-quarter results benefit from solid momentum in the Customer Support Business Group and the improving System business.
ETSY's Q2 Earnings Miss Estimates, Revenues Increase Y/Y
by Zacks Equity Research
ETSY's second-quarter results reflect strength across active sellers and reactivated buyers. Also, accelerating marketplace revenues remains a plus.
Jobless Claims Tick in Higher
by Zacks Equity Research
Jobless Claims Tick in Higher.
Jobless Claims, Productivity Higher; TM, WEN, CROX Report
by Mark Vickery
Initial Jobless Claims came in at their highest levels in almost a year, to 249K -- well above the 235K anticipated.
4 Top Tech Stocks to Buy on Soaring Hopes of September Rate Cut
by Ritujay Ghosh
Amazon.com, Inc. (AMZN), Apple, Inc. (AAPL), NVIDIA Corporation (NVDA) and Netflix, Inc. (NFLX) are likely to gain once the Fed starts rate cuts.
META's Q2 Earnings & Revenues Beat Estimates, Shares Up
by Zacks Equity Research
Meta Platforms' (META) second-quarter 2024 performance benefits from higher advertising revenues, expanding AI integration and a strong user base.
Should You Invest in the Invesco NASDAQ Internet ETF (PNQI)?
by Zacks Equity Research
Sector ETF report for PNQI
The Zacks Analyst Blog Highlights Apple, Vanguard Information Technology ETF, MSCI Information Technology Index ETF, iShares US Technology ETF and iShares Russell Top 200 Growth ETF
by Zacks Equity Research
Apple, Vanguard Information Technology ETF, MSCI Information Technology Index ETF, iShares US Technology ETF and iShares Russell Top 200 Growth ETF are included in this Analyst Blog.
Bull of the Day: Taiwan Semiconductor Manufacturing Co. (TSM)
by Benjamin Rains
TSM is one of the most straightforward buy-and-hold stocks. Taiwan Semi's growth outlook is stellar since major technological innovations, including artificial intelligence, are fueled by its chips. And TSM stock trades around 15% below its mid-July highs.
AMD Q2 Earnings Beat Estimates, Shares Up on Strong Q3 View
by Zacks Equity Research
AMD's second-quarter 2024 results reflect robust Client and Data Center revenues, offsetting weakness in the Gaming and Embedded segments.
Skyworks (SWKS) Q3 Earnings Meet Estimates, Revenues Down Y/Y
by Zacks Equity Research
Skyworks' (SWKS) third-quarter fiscal 2024 results reflect strength in broad markets and edge IoT product line amid a challenging macroeconomic environment.
Advanced Energy (AEIS) Q2 Earnings Top Estimates, Revenues Fall
by Zacks Equity Research
Advanced Energy's (AEIS) second-quarter results are hurt by weakness across non-semi markets.
Is Spotify (SPOT) Stock Worth Buying After Mixed Q2 Show?
by Shuvra Shankar Dey
Despite strong earnings, Spotify (SPOT) shares have barely moved since their latest earnings release. This raises the question: Is now a good time to invest in the stock?
AAPL or AMZN: Which Mag 7 Stock Should You Buy Before Earnings?
by Aniruddha Ganguly
Investors are eagerly awaiting results from Apple (AAPL) and Amazon (AMZN) to get a glimpse of the growing impact of AI, including Generative AI.
Garmin (GRMN) Q2 Earnings Beat Estimates, Sales Rise Y/Y
by Zacks Equity Research
Garmin's (GRMN) second-quarter results benefit from solid momentum in the Fitness, Marine and Auto OEM segments.
PayPal (PYPL) Q2 Earnings Beat Estimates, Revenues Rise Y/Y
by Zacks Equity Research
PayPal's (PYPL) second-quarter results benefit from growing transaction revenues.
Apple ETFs to Buy Ahead of its Fiscal Q3 Earnings
by Sweta Killa
The tech giant has a strong chance of beating earnings estimates and has seen positive earnings estimate revision activity, which is generally a precursor to an earnings beat.