Energy was a key sector driving profits for S&P 500 index in 2017. Per the latest Earnings Trends, the index witnessed year-over-year earnings growth of 7.1% last year. However, excluding the Energy sector, the index’s earnings growth fell drastically to 4.4%.
Source: ThinkstockMarch 12, 2018: The S&P 500 closed down 0.1% at 2,783.08. The DJIA closed down 0.6% at 25,2178.82. Separately, the Nasdaq was up 0.4% at 7,588.32.
Monday was a mixed day for the broad U.S. markets. At first all three major indices started out positive, but over the course of the day they fluctuated between positive and negative with the Dow and S&P 500 ultimately....More>>>
U.S. stock futures are trading broadly higher this morning. Wall Street was bolstered by news that North and South Korea would hold their first summit meeting in more than a decade. Additionally, industrials got a lift as resistance to President Donald Trump’s tariff plan mounted from key House Republicans, including Speaker Paul Ryan.
Heading into the open, Dow Jones Industrial Average....More>>>
Large cap memory stockMicron Technology (NASDAQ: MU) reportedfiscal Q1 2018 earnings after the Tuesday market close with results beating expectationsbenefited from a chip boom fuelled by demand from personal computer, server and smartphone makers.
Revenues rose 71% to$6.80 billion and were also11% higher compared to the fourth quarter of 2017, reflecting increased demand for our mobile, server....More>>>
Each sector has a number of top stock picks waiting for the savvy investor to find. These are the stocks that the best analysts on Wall Street are bullish on, and have serious upside potential to boot.
Source: Emilio Kuffer via Flickr
Using TipRanks’ powerful stock screener, I set out to find the best stock in each sector that presents a compelling opportunity for....More>>>
The stock market has spent much of the early summer months “melting higher” as investors have been hesitant to push their cash into a market that refuses to budge from all-time highs. Of course, we know there are always quality stocks to buy out there, regardless of what the market is doing.
Breakout stocks, comeback stocks, you name it....More>>>
Source: ThinkstockApril 10, 2017: The S&P 500 closed slightly higher on the day, up 0.07% and 1.59 points to 2,357.14. Separately the DJIA barely closed positive, up 0.01% on the day at 20,657.64, up approximately 1.54 points.
Looking at the sectors, Oil & Gas stocks were the big winners today along with industrials. Companies in the services sector also saw handy gains as....More>>>
Memory-chip prices rebounded inthe second half of 2016 after slumping fortwo straight years. That recovery, which is expected to continue throughout this year, is mainly attributed to tighter supplies and rising demand among device makers.
That’s why many memory-chip stocks rallied over the past year. Let’s look at three promising plays in this cyclical market —....More>>>
Related CIG Mid-Afternoon Market Update: CytomX Therapeutics Climbs Following Bristol-Myers Squibb Partnership; Medgenics Shares Slide Mid-Day Market Update: Nektar Surges After Positive Results From NKTR-181 Study; Cerulean Pharma Shares Drop Related PAM Mid-Morning Market Update: Markets Open Higher; Groupe Casino Offers To Buy Cnova ....More>>>
Database giant Oracle (NYSE:ORCL), creative software provider Adobe Systems (NASDAQ:ADBE), and memory chip manufacturer Micron Technology (NASDAQ:MU) are all set to report earnings throughout the month of March. Here’s what investors need to know about these three companies.
Database giant Oracle is scheduled to report its fiscal third-quarter results after....More>>>
It's been a bad month for Pegasystems (NASDAQ: PEGA), with investors running for the exits after a huge top-line miss in Q3. For an enterprise software company, there's probably nothing worse. Pegasystems sold off from all-time highs near $65 and now trades nearly 20% lower, in the low $50s.
The stock market has spent much of the early summer months “melting higher” as investors have been hesitant to push their cash into a market that refuses to budge from all-time highs. Of course, we know there are always quality stocks to buy out there, regardless of what the mark
So far this year, tech stocks have been the most stellar performers. The Nasdaq Composite has gained 14%, besting both the S&P 500 Index and Dow Jones Industrial Average. And that number comes despite a recent reversal: The Nasdaq hit an all-time high last Friday, then posted i