Plus, Dick’s Sporting Goods reported sales growth of 21% for the second quarter, American Airlines warned that rising COVID infections are denting August revenue, and Microsoft said its cloud gaming services is coming to new Xbox devices this holiday season.
Read MoreCisco Systems Inc. (CSCO) is one of the most recognizable and established companies in the Technology sector. With a market cap of about $245 billion, they are also one of the largest, if not THE largest player in the Networking & Communications segment. They are, without question, the standard that all other networking businesses are […]
Read MorePlus, Best Buy delivered an earnings beat, top tech executives are expected to meet with President Biden at the White House tomorrow to discuss cybersecurity, and Peloton announced its new Tread treadmill.
Read MoreOver the last year and a half, COVID-19 has forced businesses in just about every segment of the economy to find ways to adjust. The adoption by corporate America to work-from-home models helped keep a lot of people working, and one of the most intriguing success stories that I think will continue to be told […]
Read MoreStocks like these 3 have underperformed over the last year, but traders say they are on the cusp of breaking out to new highs. Here’s why.
Read MorePlus, Lordstown Motors said it will begin limited production next month, Microsoft is protesting the NSA’s decision to award a $10 billion contract to Amazon, and the a U.K. regulator said Facebook’s acquisition of Giphy presents competition concerns.
Read MoreAt the beginning of this week, I was intrigued to see media reports and commentary centering around 5G adoption. That’s probably because a number of companies in the Semiconductor industry, who have been investing heavily in developing the technology that 5G relies on for years, have released their latest earnings reports. Like a lot of […]
Read MorePlus, Apple is reportedly planning to make major camera and video upgrades to its new lineup of iPhones, AMC reported a narrower-than-expected loss, and Robinhood is buying Say Technologies.
Read MoreThe Tech sector has been one of the top-performing areas of the market for the past year and a half, which isn’t too surprising given the way Technology enabled the corporate world to shift operational models to remote, work-from-home, and flexible working arrangements during the pandemic. Looking beyond the limits of the health crisis and […]
Read MoreThese 2 stocks lagged in July, but trader say last month’s weakness is this month’s buying opportunity. This is why you may want to consider these stocks now.
Read MorePlus, Penn National announced it is buying Score Media and Gaming’s theScore, JPMorgan’s new healthcare unit is making its first investment, and Astra Space announced its first spaceflight since going public.
Read MorePlus, Royal Caribbean reported a wider-than-expected loss as the COVID delta variant slows bookings, Kroger is teaming up with Kitchen United to put ghost kitchens in its grocery stores, and Zymergen shares plummet after company says product revenues would be “immaterial” in 2022.
Read MorePlus, SolarEdge delivered an earnings beat, PepsiCo said it is selling its Tropicana and other North American juice brands to French private equity firm PAI Partners for $3.3 billion, and DHL is buying 12 electric cargo plans from Eviation for U.S. deliveries.
Read MorePlus, HSBC and Heineken delivered earnings beats, Parker Hannifin is buying Meggitt for $8.8 billion, and Foot Locker bought two smaller shoe retail chains for $1.1 billion.
Read MoreMegacap tech stocks delivered blockbuster earnings this week, but there are 2 names in the group that traders say are the top picks right now.
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