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Stock Market Roundup, Feb 1: FB Slumps, Investors Await AMZN
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It was an up and down Thursday on the market as stocks flirted with the green and the red throughout the day. Notably, Facebook slumped despite its impressive earnings report on Wednesday, and investors eagerly anticipated after-the-bell earnings releases from the likes of Amazon, Chipotle, and GoPro.
Zacks Rank #1 (Strong Buy) Top Movers
Value: United States Steel (X - Free Report) - +11.35%
Amazon.com (AMZN - Free Report) will report fourth-quarter 2016 earnings on Feb 2 after the bell. Check out what the latest earnings estimates indicate.
Shares of Facebook were down more than 1.5% in afternoon trading Thursday, even though the company was able to post solid earnings and revenue figures in its Q4 report. The social media giant continues to grow at an impressive rate, but with investors concerned about higher expenses and a recent legal defeat, the report did not translate into a great day for the stock.
In just a few days, the Atlanta Falcons and the New England Patriots will face off at the NRG Stadium in Houston, Texas in Super Bowl LI, one of the biggest television events of the year. Whether you were lucky enough to score tickets to the Big Game, or if you’ll be rooting from a bar or at home, there’s no denying that there is plenty to discover about this year’s host city.
Long-Term Buys You Won't See in the News
The stocks you see in today's headlines may not be in the news tomorrow or next week. If you're looking for profitable long-term investments, you may be interested to see what Zacks Research is recommending to our private members. These moves have double and triple-digit profit potential. Starting now, you can look inside our stocks under $10, home run and value stock portfolios, plus more. Want a peek at this exclusive information? Click here>>
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Stock Market Roundup, Feb 1: FB Slumps, Investors Await AMZN
It was an up and down Thursday on the market as stocks flirted with the green and the red throughout the day. Notably, Facebook slumped despite its impressive earnings report on Wednesday, and investors eagerly anticipated after-the-bell earnings releases from the likes of Amazon, Chipotle, and GoPro.
Zacks Rank #1 (Strong Buy) Top Movers
Value: United States Steel (X - Free Report) - +11.35%
Growth: X
Momentum: X
VGM: X
Major Indexes
DOW: 19,886.42 / -4.52 / -0.02%
NASDAQ: 5,633.46 / -9.19 / -0.16%
S&P 500: 2,279.41 / -0.14 / -0.01%
Top Headlines
Will Amazon Disappoint this Earnings Season?
Amazon.com (AMZN - Free Report) will report fourth-quarter 2016 earnings on Feb 2 after the bell. Check out what the latest earnings estimates indicate.
Why Facebook Stock Slumped Despite Solid Earnings Report
Shares of Facebook were down more than 1.5% in afternoon trading Thursday, even though the company was able to post solid earnings and revenue figures in its Q4 report. The social media giant continues to grow at an impressive rate, but with investors concerned about higher expenses and a recent legal defeat, the report did not translate into a great day for the stock.
51 Essential Houston Facts to Get You Ready for Super Bowl LI
In just a few days, the Atlanta Falcons and the New England Patriots will face off at the NRG Stadium in Houston, Texas in Super Bowl LI, one of the biggest television events of the year. Whether you were lucky enough to score tickets to the Big Game, or if you’ll be rooting from a bar or at home, there’s no denying that there is plenty to discover about this year’s host city.
Long-Term Buys You Won't See in the News
The stocks you see in today's headlines may not be in the news tomorrow or next week. If you're looking for profitable long-term investments, you may be interested to see what Zacks Research is recommending to our private members. These moves have double and triple-digit profit potential. Starting now, you can look inside our stocks under $10, home run and value stock portfolios, plus more. Want a peek at this exclusive information? Click here>>