Monday: Last week started on a high note with investors eagerly awaiting Federal Reserve Chair Jerome Powell’s speech at the Jackson Hole Symposium. The Dow rose by 0.6%, the S&P 500 gained 1.0%, and the Nasdaq surged by 1.4%. Tuesday: Market sentiment took a hit following an earnings miss from Lowe's, causing the Major Indices to [...]
Written by: Angela Akers It was a bit of an interesting week for investors. The biggest news, and that which affected investors’ risk appetite the most, was anticipation of our fearless Federal Reserve Chairman Jerome Powell’s Jackson Hole speech. That speech took place this morning, and, as he has done in previous years, Chair [...]
After multiple quarters of stagnant or backward revenue growth, Peloton Interactive Inc. (PTON) finally saw sales climb higher year over year - no matter how marginally. Revenue for the fiscal fourth quarter came in at $644 million, a modest 0.2% bump YoY and well ahead of the $628 million analysts were looking for. This [...]
In the world of investing, diversification is often touted as a key strategy for managing risk and maximizing returns. But for many retail investors, the concept of diversification can seem abstract or overwhelming. By leveraging sector analysis and tools like VectorVest, investors can create a well-balanced portfolio that stands the test of time. In [...]
Shares of Zoom (ZM) are up 12% so far Thursday morning after the company released its fiscal second-quarter earnings, which came in well above the analyst consensus. The company also shared a very optimistic outlook for the remainder of the year. Here’s how the quarterly results shook out: Adjusted earnings per share: $1.34 compared [...]
Shares of Advanced Micro Devices (AMD) are up more than 11% this week after the company announced its acquisition of ZT Systems. Acquiring the AI infrastructure provider is a strategic move that will boost the chip maker's bottom line in 2025. ZT Systems is a New Jersey-based company that offers a range of solutions, [...]
Lowe’s (LOW) reported second-quarter earnings today that sent mixed messages - while the home improvement store beat earnings expectations, sales were down. The company is expecting to fall short of its original guidance for the full year now, which has sent shares slightly down in Tuesday morning trading. Here’s how the company finished Q2: [...]
There’s no question that cybersecurity is becoming a growing concern for businesses of all sizes, which positions companies like Palo Alto Networks (PANW) to succeed. The company’s CEO, Nikesh Arora, spoke to the need for solutions like those of Palo Alto Networks. These days hackers can do their damage in a mere 3 hours. [...]
Monday: A cautious start to the week saw mixed results among the Major Indices. The Dow dipped by 0.4% amid looming economic updates, while the S&P 500 barely moved, and the Nasdaq edged up by 0.2%. Tuesday: Investor spirits lifted as Producer Price inflation data came in softer than expected, prompting gains across the [...]
Written by: Angela Akers A softer core Producer Price Index reading sparked a rally Tuesday, but an expected reading on Consumer Prices didn’t have the same, desired effect Wednesday and prices closed only modestly higher. Better-than-expected Retail Sales soothed investors’ fears on Thursday, and they began buying again. After several weeks of red and [...]
