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The Zacks Stocks in the News Blog Highlights: Google, Apple, Amazon, Facebook
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For Immediate Release
Chicago, IL—October 28, 2016—Zacks.com looks back on the hottest stories of the week featured in the Stocks in the News blog, where analysts and writers discuss the latest news and events impacting stocks, the financial markets, and the greater investing world.
Here are highlights from this week’s Stocks in the News blog:
On Thursday, Alphabet Inc. (GOOGL - Free Report) reported its third quarter fiscal 2016 earnings results, beating estimates for both the top and bottom lines. Some of the most anticipated stats analysts look for in Alphabet’s earnings release include advertising figures, like ad clicks and aggregate cost-per-click, as well as Google segment revenues. This division encompasses Search, Android, Maps, Chrome, YouTube, Google Play, and Gmail.
E-commerce giant Amazon.com Inc. (AMZN - Free Report) released its third quarter fiscal 2016 earnings results on Thursday, beating top line estimates but swinging to a miss on the bottom line. While the company has made a name for itself as an online shopping marketplace, one of the most notable aspects of Amazon’s report was the latest data from Amazon Web Services, a provider of cloud-based storage and templates for companies to quickly boost their computing capabilities.
As Halloween is quickly approaching, social networking giant Facebook Inc. has debuted an augmented reality “masks” option for users in Facebook Live, just in time for the spooky holiday. The Masks include a jack-o’-lantern, a witch, a skeleton, and some animals. The masks are very similar to Snapchat’s in-app face filters, marking the umpteenth time Facebook has copied the popular video and messaging app.
On Wednesday, shares of iPhone maker Apple Inc. (AAPL - Free Report) dropped, and were down around 3% in trading—it dropped as much as 3.7% earlier in the day—as the effects of its fourth quarter earnings results continued to linger. While its top and bottom lines beat expectations, both figures fell significantly from the prior year’s numbers, down 9.9% and 15%, respectively. This marked the third consecutive quarter in which both income and revenue were down year-over-year.
Learn More About Zacks’ Investment Ideas
You are welcome to download the full, up-to-the-minute list of 220 Zacks Rank #1 "Strong Buy" stocks free of charge. There is no better place to start your own stock search. Plus, you can access the full list of must-avoid Zacks Rank #5 "Strong Sells" and other private research. See the stocks free >>
Interested in personal finance? Zacks’ “Money Sense” e-mail newsletter is designed to bring you strategies and valuable information that can help you take control of your personal finances, as well as how to get the most out of your money. It covers a range of topics, from retirement planning to money management solutions. Subscribe to the free newsletter today.
About Zacks
Zacks.com is a property of Zacks Investment Research, Inc., which was formed in 1978. The later formation of the Zacks Rank, a proprietary stock picking system; continues to outperform the market by nearly a 3 to 1 margin. The best way to unlock the profitable stock recommendations and market insights of Zacks Investment Research is through our free daily email newsletter; Profit from the Pros. In short, it's your steady flow of Profitable ideas GUARANTEED to be worth your time! Register for your free subscription to Profit from the Pros.
Zacks Investment Research is under common control with affiliated entities (including a broker-dealer and an investment adviser), which may engage in transactions involving the foregoing securities for the clients of such affiliates.
Past performance is no guarantee of future results. Inherent in any investment is the potential for loss. This material is being provided for informational purposes only and nothing herein constitutes investment, legal, accounting or tax advice, or a recommendation to buy, sell or hold a security. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. It should not be assumed that any investments in securities, companies, sectors or markets identified and described were or will be profitable. All information is current as of the date of herein and is subject to change without notice. Any views or opinions expressed may not reflect those of the firm as a whole. Zacks Investment Research does not engage in investment banking, market making or asset management activities of any securities. These returns are from hypothetical portfolios consisting of stocks with Zacks Rank = 1 that were rebalanced monthly with zero transaction costs. These are not the returns of actual portfolios of stocks. The S&P 500 is an unmanaged index. Visit https://www.zacks.com/performance for information about the performance numbers displayed in this press release.
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The Zacks Stocks in the News Blog Highlights: Google, Apple, Amazon, Facebook
For Immediate Release
Chicago, IL—October 28, 2016—Zacks.com looks back on the hottest stories of the week featured in the Stocks in the News blog, where analysts and writers discuss the latest news and events impacting stocks, the financial markets, and the greater investing world.
Here are highlights from this week’s Stocks in the News blog:
Alphabet (GOOGL - Free Report) Q3 Earnings: Ad Clicks Grow By 33% and Alphabet (GOOGL - Free Report) Q3 Earnings: Google Revenues at $22 Billion
On Thursday, Alphabet Inc. (GOOGL - Free Report) reported its third quarter fiscal 2016 earnings results, beating estimates for both the top and bottom lines. Some of the most anticipated stats analysts look for in Alphabet’s earnings release include advertising figures, like ad clicks and aggregate cost-per-click, as well as Google segment revenues. This division encompasses Search, Android, Maps, Chrome, YouTube, Google Play, and Gmail.
Amazon (AMZN - Free Report) Q3 Earnings In-Depth: AWS Grows 55%
E-commerce giant Amazon.com Inc. (AMZN - Free Report) released its third quarter fiscal 2016 earnings results on Thursday, beating top line estimates but swinging to a miss on the bottom line. While the company has made a name for itself as an online shopping marketplace, one of the most notable aspects of Amazon’s report was the latest data from Amazon Web Services, a provider of cloud-based storage and templates for companies to quickly boost their computing capabilities.
Facebook Copies Snapchat (Again) with Halloween Augmented Reality Masks
As Halloween is quickly approaching, social networking giant Facebook Inc. has debuted an augmented reality “masks” option for users in Facebook Live, just in time for the spooky holiday. The Masks include a jack-o’-lantern, a witch, a skeleton, and some animals. The masks are very similar to Snapchat’s in-app face filters, marking the umpteenth time Facebook has copied the popular video and messaging app.
Why is Apple (AAPL - Free Report) Stock Falling 3% Today?
On Wednesday, shares of iPhone maker Apple Inc. (AAPL - Free Report) dropped, and were down around 3% in trading—it dropped as much as 3.7% earlier in the day—as the effects of its fourth quarter earnings results continued to linger. While its top and bottom lines beat expectations, both figures fell significantly from the prior year’s numbers, down 9.9% and 15%, respectively. This marked the third consecutive quarter in which both income and revenue were down year-over-year.
Learn More About Zacks’ Investment Ideas
You are welcome to download the full, up-to-the-minute list of 220 Zacks Rank #1 "Strong Buy" stocks free of charge. There is no better place to start your own stock search. Plus, you can access the full list of must-avoid Zacks Rank #5 "Strong Sells" and other private research. See the stocks free >>
Interested in personal finance? Zacks’ “Money Sense” e-mail newsletter is designed to bring you strategies and valuable information that can help you take control of your personal finances, as well as how to get the most out of your money. It covers a range of topics, from retirement planning to money management solutions. Subscribe to the free newsletter today.
About Zacks
Zacks.com is a property of Zacks Investment Research, Inc., which was formed in 1978. The later formation of the Zacks Rank, a proprietary stock picking system; continues to outperform the market by nearly a 3 to 1 margin. The best way to unlock the profitable stock recommendations and market insights of Zacks Investment Research is through our free daily email newsletter; Profit from the Pros. In short, it's your steady flow of Profitable ideas GUARANTEED to be worth your time! Register for your free subscription to Profit from the Pros.
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Past performance is no guarantee of future results. Inherent in any investment is the potential for loss. This material is being provided for informational purposes only and nothing herein constitutes investment, legal, accounting or tax advice, or a recommendation to buy, sell or hold a security. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. It should not be assumed that any investments in securities, companies, sectors or markets identified and described were or will be profitable. All information is current as of the date of herein and is subject to change without notice. Any views or opinions expressed may not reflect those of the firm as a whole. Zacks Investment Research does not engage in investment banking, market making or asset management activities of any securities. These returns are from hypothetical portfolios consisting of stocks with Zacks Rank = 1 that were rebalanced monthly with zero transaction costs. These are not the returns of actual portfolios of stocks. The S&P 500 is an unmanaged index. Visit https://www.zacks.com/performance for information about the performance numbers displayed in this press release.