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Zacks News
Stock Market News for Aug 30, 2023
by Zacks Equity Research
U.S. stocks ended sharply higher on Tuesday, recording their third straight day of gains, as jobs data for July hinted at a cooling labor market while investors once again flocked to buy tech stocks in the closing days of a difficult August for markets.
Ambarella (AMBA) Q2 Loss Narrower Than Expected, Revenues Miss
by Zacks Equity Research
Customer inventory reduction actions and softening end-market demand negatively impact Ambarella's (AMBA) second-quarter fiscal 2024 performance.
4 Microchip Stocks to Buy as Sales Make Solid Rebound
by Ritujay Ghosh
Semiconductor sales are rebounding which is helping stocks like ON Semiconductor Corporation (ON), NVIDIA Corporation (NVDA), ACM Research, Inc. (ACMR) and Lam Research Corporation (LRCX).
Enrich Your Portfolio With These 4 Top-Ranked Liquid Stocks
by Vaishali Doshi
Here are four top-ranked liquid stocks, Dr. Reddy's (RDY), Surmodics (SRDX), Fluor Corporation (FLR) and NVIDIA (NVDA), which investors can add to their portfolio for solid gains.
Top-Rated Tech Stocks to Consider as Earnings Approach
by Shaun Pruitt
Broadcom (AVGO) and Momo (MOMO) are two top-rated tech stocks set to report their quarterly results on Thursday, August 31.
Will Nvidia Partnership Give Dell Technoliges Q2 Earnings a Boost?
by Shaun Pruitt
Many eyes are on Dell Technologies (DELL) stock this week with the technology solutions provider set to report its Q2 results on Thursday, August 31.
5 Best Inverse/Leveraged ETF Areas of Last Week
by Sanghamitra Saha
Wall Street delivered mixed performances last week due to rising rates.
How Much Upside is Left in Nvidia (NVDA)? Wall Street Analysts Think 30.3%
by Zacks Equity Research
The mean of analysts' price targets for Nvidia (NVDA) points to a 30.3% upside in the stock. While this highly sought-after metric has not proven reasonably effective, strong agreement among analysts in raising earnings estimates does indicate an upside in the stock.
The Zacks Analyst Blog Highlights NVIDIA, Workday, Super Micro Computer, Paylocity Holding and Manhattan Associates
by Zacks Equity Research
NVIDIA, Workday, Super Micro Computer, Paylocity Holding and Manhattan Associates are part of the Zacks top Analyst Blog.
Stock Market News for Aug 29, 2023
by Zacks Equity Research
U.S. stocks ended higher on Monday to start a fresh week as markets tried to bounce back amid a month of losses.
The Zacks Analyst Blog Highlights Amazon.com, NVIDIA and Alibaba
by Zacks Equity Research
Amazon.com, NVIDIA and Alibaba are part of the Zacks top Analyst Blog.
IBM Unveils Enterprise-Focused Advanced AI Platform Watsonx
by Zacks Equity Research
IBM introduces Watsonx, a next generation AI and data platform designed to support organizations by capitalizing true potential of advanced AI technology.
Digital Transformation to Aid Salesforce's (CRM) Q2 Earnings
by Zacks Equity Research
Salesforce's (CRM) Q2 revenues and earnings may have benefited from the solid adoption of cloud-based solutions amid the ongoing digital transformation initiatives adopted by organizations.
5 Cryptocurrency Stocks in Focus Amid Growing Economic Uncertainty
by Ritujay Ghosh
Crypto investors should adopt a buy-on-the-dip strategy, which could help stocks like NVIDIA Corporation (NVDA), Robinhood Markets (HOOD), HIVE Blockchain Technologies (HIVE), Accenture (ACN) and Coinbase Global, (COIN).
Cryptocurrencies Likely to Stay Rangebound: 5 Stocks in Focus
by Nalak Das
The cryptocurrency market is witnessing a range-bound trading in August. Five stock to watch are: NVDA, HOOD, COIN, PYPL, IBKR.
Why to Buy Nvidia Even After 220% YTD Jump? ETFs in Focus
by Sanghamitra Saha
The NVIDIA (NVDA) stock is a blockbuster this year as it has skyrocketed 220.4% courtesy of high hopes from artificial intelligence. Can it soar higher?
Should JPMorgan Diversified Return U.S. Equity ETF (JPUS) Be on Your Investing Radar?
by Zacks Equity Research
Style Box ETF report for JPUS
Should You Invest in the Invesco S&P 500 Equal Weight Technology ETF (RSPT)?
by Zacks Equity Research
Sector ETF report for RSPT
Is iShares Paris-Aligned Climate MSCI USA ETF (PABU) a Strong ETF Right Now?
by Zacks Equity Research
Smart Beta ETF report for PABU
Is NVIDIA's chart still a screaming buy?
by David Bartosiak
NVIDIA; has been in the headlines following its last earnings report. Dave Bartosiak will break down the stock's chart to see if the opportunity to buy is still there.
3 Reasons Growth Investors Will Love Nvidia (NVDA)
by Zacks Equity Research
Nvidia (NVDA) is well positioned to outperform the market, as it exhibits above-average growth in financials.
Ubiquiti's (UI) Q4 Earnings Miss Despite Higher Revenues
by Zacks Equity Research
Ubiquiti (UI) reports higher revenues year over year in the fourth quarter of fiscal 2023, backed by healthy growth in the Enterprise Technology segment.
Wall Street Bulls Look Optimistic About Nvidia (NVDA): Should You Buy?
by Zacks Equity Research
Based on the average brokerage recommendation (ABR), Nvidia (NVDA) should be added to one's portfolio. Wall Street analysts' overly optimistic recommendations cast doubt on the effectiveness of this highly sought-after metric. So, is the stock worth buying?
Investors Heavily Search NVIDIA Corporation (NVDA): Here is What You Need to Know
by Zacks Equity Research
Nvidia (NVDA) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.
The Zacks Analyst Blog Highlights NVIDIA, BlackRock, Charles Schwab, HIVE Digital Technologies and Block
by Zacks Equity Research
NVIDIA, BlackRock, Charles Schwab, HIVE Digital Technologies and Block are part of the Zacks top Analyst Blog.