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Zacks News
Alphabet is one of the most innovative companies in the modern technological age. Over the last few years, the company has evolved from primarily being a search-engine provider to cloud computing, ad-based video and music streaming, autonomous vehicles, healthcare providers and others. In the online search arena, Google is a monopoly with more than 94% of the online search volume and market. Over the years, the company has witnessed increase in search queries, resulting from ongoing growth in user adoption and usage, primarily on mobile devices, continued growth in advertiser activity, and improvements in ad formats. The company is gaining market share in the cloud-computing, driven by continued strength in Google Cloud Platform and G Suite offerings.
Facebook's (FB) Q2 Earnings Beat Estimates, Revenues Up Y/Y
by Aniruddha Ganguly
Facebook's (FB) second-quarter performance gains from robust ad revenues and user wins amid the coronavirus-caused disruption.
Alphabet (GOOGL) Q2 Earnings and Revenues Beat Estimates
by Zacks Equity Research
Alphabet's (GOOGL) Q2 earnings and revenues beat the Zacks Consensus Estimate. The cloud and YouTube businesses remain strong, while advertising growth slows down in the quarter due to the pandemic
5 Stocks to Watch as Contactless Payments Gain Traction
by Ritujay Ghosh
Consumers now want not only to shop at their convenience but also minimize personal contact with point-of-sale devices following the coronavirus pandemic.
Big Techs Prove Why the Sector Is a Safe Haven Amid Pandemic
by Nalak Das
Impressive performances by big tech brothers and several other companies in this sector indicate its inherent strength and growth potential.
Tech Emerges Savior in the Times of Coronavirus: 5 Picks
by Tirthankar Chakraborty
Is anti-trust concerns haunting you? No worries, big tech together racked up profits of almost $29 billion on sales of nearly $200 billion in the second quarter.
These 3 Charts Clearly Tell the Q2 Earnings Season Story
by Sheraz Mian
For the Tech sector, we now have Q2 results from 82.9% of the sector's market capitalization in the S&P 500 index. Total earnings for these Tech companies are down -1.8% on +2.5% higher revenues...
Big Tech Posts Blowout Quarter: FB, AMZN, GOOGL & AAPL
by Mark Vickery
Facebook, Amazon, Alphabet and Apple all flew past estimates in their latest quarterly reports.
Alphabet (GOOGL) Q2 Earnings and Revenues Top Estimates
by Zacks Equity Research
Alphabet (GOOGL) delivered earnings and revenue surprises of 20.17% and 3.33%, respectively, for the quarter ended June 2020. Do the numbers hold clues to what lies ahead for the stock?
3 Cheap Stocks to Buy for Second Half Growth Despite COVID-19 Uncertainty
by Benjamin Rains
Let's dive into three cheap stocks that are trading for under $20 per share that appear strong at the moment despite Covid-19 uncertainty...
All Eyes on Big Tech Earnings: Here's What to Expect
by Tirthankar Chakraborty
Big four tech companies are mostly expected to have benefitted from the coronavirus-led shutdown measures, as some of their businesses gained immensely from consumers working from home.
Big Week Of Market Moving Activity Ahead
by Daniel Laboe
The markets have been trading at relatively low volume as it braces for an exciting second half of the week ahead
Starbucks, eBay, Visa All Beat on Earnings
by Mark Vickery
Both earnings and economic reads will pick up the pace for the remainder of the week.
3 Cheap Gold & Silver Stocks to Buy Right Now as Haven Prices Surge
by Benjamin Rains
It might be time for investors to take advantage of rising gold and silver prices. Let's dive into three such stocks trading under $20 per share that could be enticing...
Will Growing AWS Clientele Aid Amazon's (AMZN) Q2 Earnings?
by Zacks Equity Research
Amazon's (AMZN) second-quarter results are likely to benefit from AWS dominance in cloud driven by strengthening services portfolio.
Sirius XM (SIRI) to Report Q2 Earnings: What's in the Cards?
by Zacks Equity Research
Sirius XM's (SIRI) second-quarter 2020 results are expected to reflect negative impact of muted automobile sales due to the coronavirus outbreak despite increasing subscriber and partner base.
The Zacks Analyst Blog Highlights: Facebook, Alphabet, Texas Instruments, Dollar General and Kroger
by Zacks Equity Research
The Zacks Analyst Blog Highlights: Facebook, Alphabet, Texas Instruments, Dollar General and Kroger
Xilinx (XLNX) to Post Q1 Earnings: What's in the Offing?
by Zacks Equity Research
Xilinx's (XLNX) Q1 performance likely to have been affected by the Huawei ban and other trade-related uncertainties, along with the pandemic's adverse impact on its business.
What's in the Offing for Alphabet's (GOOGL) Q2 Earnings?
by Zacks Equity Research
Alphabet's (GOOGL) focus on search, e-commerce, cloud and Waymo is likely to have aided second-quarter earnings. However, higher expenses and litigation charges might have been headwinds.
Trading Upon the Mercy of FAANG: Global Week Ahead
by John Blank
Major names reporting results this week include: Apple, Amazon, Facebook, Alphabet, eBay, Pfizer, McDonald???s, Starbucks, GM, Ford, Merck, GE, Boeing, UPS, Caterpillar and 3M.
Cognizant (CTSH) to Report Q2 Earnings: What's in Store?
by Zacks Equity Research
Cognizant's (CTSH) Q2 results are likely to reflect steady demand in digital engineering, cloud and IoT, partially offset by reduced billings, delays in project fulfillment and reduced client demand.
New Stimulus, Moderna & Durable Goods Kick Off Monday
by Mark Vickery
We have $1 trillion in stimulus expected from the congressional GOP today and a phase 3 trial beginning for Moderna's (MRNA) COVID-19 vaccine candidate.
Should You Buy FAANG ETFs Ahead of Q2 Earnings?
by Sweta Killa
The FAANG stocks have been outperforming the market this year. However, these stocks were the biggest laggards last week, making them compelling choices ahead of the quarterly results.
Economic Data Deluge
by Zacks Equity Research
Economic Data Deluge
Cognex (CGNX) to Post Q2 Earnings: What's in the Offing?
by Zacks Equity Research
Cognex's (CGNX) second-quarter 2020 performance is likely to have gained from cost-reduction initiatives. However, demand crunch in the overall factory automation market is likely to have been a woe.
Apple (AAPL) to Report Q3 Earnings: What's in the Offing?
by Zacks Equity Research
Apple's (AAPL) third-quarter fiscal 2020 earnings are expected to have benefited from strength in Services. iPhone sales are likely to have declined due to weak China shipment and store closures.