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Zacks News
Amazon.com is one of the largest e-commerce providers, with sprawling operations in North America, now spreading across the globe. Its online retail business revolves around the Prime program well-supported by the company’s massive distribution network. Further, the Whole Foods Market acquisition helped Amazon establish footprint in physical grocery supermarket space. Amazon also enjoys dominant position in the cloud-computing market, particularly in the Infrastructure as a Service (IaaS) space, thanks to Amazon Web Services (AWS), which is one of its high-margin generating businesses
EBAY's Q2 Earnings & Revenues Surpass Estimates, Rise Y/Y
by Zacks Equity Research
EBAY's second-quarter 2024 results benefit from strength in its advertising business.
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.
Should You Invest in the Invesco NASDAQ Internet ETF (PNQI)?
by Zacks Equity Research
Sector ETF report for PNQI
Match Group (MTCH) Q2 Earnings Meet Estimates, Revenues Up Y/Y
by Zacks Equity Research
Match Group's (MTCH) second-quarter results benefit from strength in Tinder and Hinge despite sluggish growth in total payers.
Groupon (GRPN) Reports Loss in Q2, Revenues Decrease Y/Y
by Zacks Equity Research
Groupon's (GRPN) second-quarter results reflect sluggishness in travel and goods markets. However, strong momentum across the local end-market was positive.
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.
Will Amazon's (AMZN) Q2 Earnings Benefit From AWS Momentum?
by Zacks Equity Research
Amazon's (AMZN) second-quarter results are expected to reflect significant gains from AWS momentum, driven by growing generative AI capabilities.
MecadoLibre (MELI) Stock Before Q2 Earnings: Buy, Sell, or Hold?
by Shilpa Mete
MercadoLibre's (MELI) second-quarter results are likely to reflect strength in its e-commerce and fintech businesses.
Floor & Decor (FND) to Post Q2 Earnings: Factors to Note
by Zacks Equity Research
Floor & Decor (FND) faces challenges due to soft demand for hard surface flooring. Margins also remain a critical area, with potential concerns stemming from any deleverage in the selling and store operating expenses.
Alphabet (GOOGL) Gains 21.4% YTD: How Should You Play It Now?
by Shilpa Mete
Alphabet (GOOGL) rides on solid momentum in Google Cloud on the back of expanding generative AI capabilities.
BigBear.ai (BBAI) to Report Q2 Earnings: What's in the Cards?
by Zacks Equity Research
BigBear.ai's (BBAI) second-quarter 2024 performance is likely to have benefited from an expanding clientele and increasing government investment in AI solutions.
The ODP Corporation (ODP) to Post Q2 Earnings: What to Expect?
by Zacks Equity Research
The ODP Corporation's (ODP) Project CORE initiative, aimed at boosting operational efficiency and lowering costs, is likely to have favorably impacted the company's bottom line.
ROKU Gears Up to Report Q2 Earnings: Here's What to Expect
by Zacks Equity Research
ROKU's second-quarter 2024 performance is expected to have been aided by growth in The Roku Channel library and Roku TV users amid increasing competition.
Zacks Investment Ideas feature highlights: Microsoft, Meta Platforms, Amazon, Apple and Alphabet
by Zacks Equity Research
Microsoft, Meta Platforms, Amazon, Apple and Alphabet have been highlighted in this Investment Ideas article.
Will Cloud Results Boost Microsoft and Amazon?
by Derek Lewis
Both stocks have been sensitive to their cloud results, often dictating the post-earnings move. Will it be any different this time?
Time to Buy Stock in Amazon as Q2 Earnings Approach
by Shaun Pruitt
In the busiest week of the Q2 earnings season markets will be awaiting quarterly results from Amazon (AMZN) on Thursday, August 1.
Magnificent 7 Earnings Preview: Can Investors Buy Tech Now?
by Ethan Feller
As earnings approach we discuss the setup in Microsoft, Apple, Amazon and Meta Platforms
Should You Buy the Dip in "Mag 7" and Big Tech ETFs?
by Sanghamitra Saha
There was a tech slump last week due to an apparent "AI Fatigue." Is it time to buy the dip in "Mag 7" and Big Tech ETFs?
Is Amazon (AMZN) Stock Worth Buying Ahead of Q2 Earnings?
by Shilpa Mete
Amazon's (AMZN) second-quarter results are expected to reflect solid momentum in Prime and AWS.
Market Awaits JOLTS Numbers Due Tuesday
by Zacks Equity Research
Market Awaits JOLTS Numbers Due Tuesday.
Big Numbers Ahead: Q2 Earnings, Fed Meeting, Jobs Week
by Mark Vickery
Jobs Week, Fed Week and the busiest week of Q2 earnings so far await us.
Stock Market News for Jul 29, 2024
by Zacks Equity Research
Wall Street closed higher on Friday, led by a tech resurgence.