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Zacks News
Bill Ackman's Favorite "Magnificent 7" Stock is a Big Winner
by Tirthankar Chakraborty
Hedge fund manager Bill Ackman believes Alphabet (GOOGL) is the only stock among the "magnificent seven" to have an unrivaled business model. Here's why, and is it justifiable
onsemi (ON) Q1 Earnings Beat Estimates, Revenues Down Y/Y
by Zacks Equity Research
onsemi's (ON) first-quarter 2024 performance reflects strong demand for Power solutions products.
What's in Store for These 4 Software Stocks This Earnings Season?
by Shilpa Mete
Here is a sneak peek into how four software stocks, PYPL, BLKB, CVLT and PINS, are expected to fare in their quarterly results slated to be released on Apr 30.
Should CyberArk (CYBR) be in Your Portfolio Before Q1 Earnings?
by Zacks Equity Research
CyberArk's (CYBR) strong fundamentals, growth initiatives and market positioning make it a compelling choice for investors seeking exposure to the cybersecurity industry.
VeriSign (VRSN) Q1 Earnings Up Y/Y, '24 Revenue View Tweaked
by Zacks Equity Research
VeriSign's (VRSN) first-quarter performance benefits from solid demand for its Internet infrastructure capabilities.
Fair Isaac (FICO) Q2 Earnings Beat Estimates, Revenues Up Y/Y
by Zacks Equity Research
Fair Isaac's (FICO) second-quarter fiscal 2024 results benefit from higher revenues from mortgage originations.
KLA's (KLAC) Q3 Earnings & Revenues Beat Estimates, Fall Y/Y
by Zacks Equity Research
KLA's (KLAC) third-quarter fiscal 2024 results reflect sluggish performance from the Semiconductor Process Control segment.
Juniper (JNPR) Misses Q1 Earnings and Revenue Estimates
by Zacks Equity Research
Juniper (JNPR) reports weak Q1 2024 results. It is in a pivotal transition period as Hewlett Packard Enterprise plans to acquire Juniper in an all-cash deal valued at approximately $14 billion.
Microsoft (MSFT) Q3 Earnings & Revenues Beat on Cloud Strength
by Zacks Equity Research
Microsoft's (MSFT) third-quarter fiscal 2024 results reflect strength in the Azure business and Office 365, boosted by growing AI Copilot business.
Pinterest (PINS) Suffers a Larger Drop Than the General Market: Key Insights
by Zacks Equity Research
In the most recent trading session, Pinterest (PINS) closed at $32.64, indicating a -0.64% shift from the previous trading day.
Carrier (CARR) Q1 Earnings Beat Estimates, Revenues Up Y/Y
by Zacks Equity Research
Carrier's (CARR) first-quarter 2024 results reflect strength in the HVAC segment.
Teradyne (TER) Q1 Earnings Top Estimates, Revenues Fall Y/Y
by Zacks Equity Research
Teradyne's (TER) first-quarter 2024 results benefit from strong momentum in the memory test end-market despite persistent softness in the mobility sector.
Plexus (PLXS) Q2 Earnings & Revenues Beat Estimates, Fall Y/Y
by Zacks Equity Research
Plexus's (PLXS) fiscal second-quarter performance is affected due to weakness in the Healthcare/Life Sciences and Industrial sectors.
Fortive (FTV) Q1 Earnings Beat Estimates, Revenues Rise Y/Y
by Zacks Equity Research
Fortive's (FTV) first-quarter revenues increase year over year due to continued momentum in the Fortive Business System.
Will Top-Line Expansion Boost Pinterest's (PINS) Q1 Earnings?
by Zacks Equity Research
Pinterest (PINS) is expected to report revenue growth year over year in the first quarter of 2024, backed by growing demand for ad tools and increasing user engagement.
Meta Platforms' (META) Q1 Earnings Beat, Revenues Up Y/Y
by Zacks Equity Research
Meta Platforms' (META) first-quarter 2024 performance benefits from higher advertising revenues, expanding AI integration and a strong user base.
ServiceNow (NOW) Q1 Earnings Beat Estimates, Revenues Up Y/Y
by Zacks Equity Research
ServiceNow's (NOW) first-quarter 2024 results reflect strong uptake of the company's digital workflow and growing demand for generative AI solutions.
Ansys (ANSS) Announces Strategic Collaboration With TSMC
by Zacks Equity Research
Ansys (ANSS) joins forces with TSMC for the development of multiphysics software for TSMC's Compact Universal Photonic Engines - an advanced Silicon Photonics integration system.
Seeking Clues to Pinterest (PINS) Q1 Earnings? A Peek Into Wall Street Projections for Key Metrics
by Zacks Equity Research
Evaluate the expected performance of Pinterest (PINS) for the quarter ended March 2024, looking beyond the conventional Wall Street top-and-bottom-line estimates and examining some of its key metrics for better insight.
IBM's Q1 Earnings Beat, Revenues Miss Despite Solid Demand
by Zacks Equity Research
IBM witnessed healthy demand trends for hybrid cloud and AI solutions in first-quarter 2024 with a client-focused portfolio and broad-based growth and remains firmly on track to reach its targets for 2024.
CoStar Group (CSGP) Q1 Earnings Beat Estimates, Revenues Up Y/Y
by Zacks Equity Research
CoStar Group's (CSGP) first-quarter 2024 results reflect solid top-line growth, led by robust performance in key segments.
IBM Reportedly in Advanced Discussions to Acquire HashiCorp
by Zacks Equity Research
IBM is in advance talks to acquire cloud service provider HashiCorp. The potential buyout will boost IBM's hybrid cloud portfolio.
Amphenol's (APH) Q1 Earnings Beat Estimates, Revenues Up Y/Y
by Zacks Equity Research
Amphenol's (APH) Q1 results benefit from higher revenues across the commercial air, defense, automotive and IT datacom end-markets.
TE Connectivity (TEL) Q2 Earnings Beat Estimates, Sales Fall Y/Y
by Zacks Equity Research
TE Connectivity's (TEL) fiscal second-quarter results benefit from the strong margin expansion.
AT&T (T) Q1 Earnings Beat Estimates, Revenues Remain Flat Y/Y
by Zacks Equity Research
AT&T (T) surpasses first-quarter earnings estimates, backed by healthy 5G and fiber customer additions and strong cash flow.