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Zacks News
Stock Market News for Aug 29, 2022
by Zacks Equity Research
U.S. stocks ended sharply lower on Friday, with all the three major indexes declining more than 3% each to record their worst daily percentage decline since May after Fed Chair Jerome Powell said that the central bank would continue to hike interest rates till it manages to fully control inflation.
Should You Invest in the Technology Select Sector SPDR ETF (XLK)?
by Zacks Equity Research
Sector ETF report for XLK
NVIDIA (NVDA) Stock Showing Resilience After Missing Earnings Estimates
by Bryan Hayes
Is this market leader's poor outlook already priced in?
Company News for Aug 26, 2022
by Zacks Equity Research
Companies in The News Are: NVDA, AMD, PTON, WSM
Investors Piling into NVIDIA, Chip Stocks Despite Weak Outlook
by Sejuti Banerjea
Tech stocks are buoyant this morning despite NVIDIA's disappointing results.
ETFs in Focus On Nvidia's Q2 Earnings Miss & Weak Outlook
by Sweta Killa
Nvidia (NVDA) missed earnings estimates and forecast a sharp drop in revenues for the current quarter due to a slowdown in PC and gaming sales.
NVIDIA (NVDA) Tumbles on Weak Q2 Earnings, Dim Q3 Guidance
by Zacks Equity Research
Along with supply-chain issues, NVIDIA's (NVDA) second-quarter performance reflects a negative impact of the weakening demand for its chips used in the gaming end market.
A Bottom Forming in Housing? Plus NVDA, CRM, SNOW Report Q2
by Mark Vickery
If we've come close to hitting bottom on housing, that suggests the return back upward should (soon?) follow.
Nvidia (NVDA) Lags Q2 Earnings Estimates
by Zacks Equity Research
Nvidia (NVDA) delivered earnings and revenue surprises of -8.93% and 0.03%, respectively, for the quarter ended July 2022. Do the numbers hold clues to what lies ahead for the stock?
Durable Goods Orders Remain Unchanged
by Zacks Equity Research
Durable Goods Orders Remain Unchanged.
Durable Goods Are Goldilocks; Pending Home Sales on Deck
by Mark Vickery
While there's nothing sexy about a 0.0% economic read on Durable Goods orders, it's actually fairly Goldilocks.
This Week's 5 Hot Tech Earnings Charts
by Tracey Ryniec
Earnings aren't over for big technology. NVIDIA and 4 other companies are out this week.
NVIDIA (NVDA) Q2 Earnings to Be Hurt by Weak Gaming Chip Demand
by Zacks Equity Research
NVIDIA's (NVDA) second-quarter performance is likely to have been negatively impacted by the weakening demand for its chips used in the gaming end market.
Wall Street Second-Guesses Its Peak Inflation Bet
by Benjamin Rains
The stock market is falling after its recent bullish run as Wall Street starts to fear it might have been rather premature in declaring peak inflation...
NVIDIA Q2 Preview: Can the Earnings Streak Stay Alive?
by Derek Lewis
NVIDIA has been on a blazing-hot earnings streak, exceeding the Zacks Consensus EPS Estimate in 14 consecutive quarters.
Pre-Markets in Red on Rate Hike Concerns
by Zacks Equity Research
Pre-Markets in Red on Rate Hike Concerns.
Eventful Week Ahead: Retail, Semis Report; Jackson Hole Later
by Mark Vickery
Last week was the first in August to close lower, and we've been in a pretty strong up-cycle since mid-July.
Is Most-Watched Stock NVIDIA Corporation (NVDA) Worth Betting on Now?
by Zacks Equity Research
Nvidia (NVDA) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.
NVIDIA (NVDA) to Report Q2 Earnings: What's in the Cards?
by Zacks Equity Research
NVIDIA's (NVDA) Q2 performance is likely to have been negatively impacted by weakening demand for its chips used in the gaming end market, while supply-chain disruptions are anticipated to have hurt data-center sales.
Exxon Mobil and Nvidia have been highlighted as Zacks Bull and Bear of the Day
by Zacks Equity Research
Exxon Mobil and Nvidia have been highlighted as Zacks Bull and Bear of the Day.
Bear of the Day: Nvidia (NVDA)
by Benjamin Rains
Nvidia on August 8 provided downbeat preliminary second quarter FY23 guidance that forced analysts to trim their outlooks. And NVDA stock is still down over 35% in 2022.
Analysts Estimate Nvidia (NVDA) to Report a Decline in Earnings: What to Look Out for
by Zacks Equity Research
Nvidia (NVDA) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Genius Sports Limited (GENI) Reports Q2 Loss, Tops Revenue Estimates
by Zacks Equity Research
Genius Sports Limited (GENI) delivered earnings and revenue surprises of 77.78% and 9.41%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?
Should You Invest in the Invesco Dynamic Semiconductors ETF (PSI)?
by Zacks Equity Research
Sector ETF report for PSI
3 Highly-Ranked Stocks With Stellar Growth Prospects
by Derek Lewis
Growth is the name of the game for these companies, and they're just playing along.