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Zacks News
Oracle Misses Q2 Earnings Estimates, Shares Drop: ETFs in Focus
by Sweta Killa
ETFs with the highest allocation to Oracle are in focus for the coming weeks following disappointing second-quarter results.
ETFs in Focus as IBM Reports Mixed Q3 Results
by Sweta Killa
IBM beats estimates for earnings but lags the same for revenues.
IBM Beats Q2 Earnings on AI Growth: ETFs to Buy
by Sweta Killa
International Business Machines (IBM) reported strong second-quarter 2024 results, beating estimates for earnings and revenues.
Broadcom Jumps on Q2 Earnings Beat: ETFs to Buy
by Sweta Killa
Broadcom (AVGO) reported strong second-quarter fiscal 2024 results, topping both earnings and revenue estimates and offering an upbeat annual forecast driven by robust demand for AI products.
Rate Cut or Not: Tech ETFs Will Stay Strong
by Sanghamitra Saha
Nasdaq topped 17, 000 for the first time ever on Tuesday, thanks to the AI craze. We expect tech ETF areas to likely to remain strong no matter what happens in the broader economy and regardless of the Fed's imminent decision regarding interest rate policy.
Why You Should Buy AI & Chip ETFs Post-NVIDIA Earnings
by Sanghamitra Saha
NVIDIA once again reported a robust quarter. However, what's more important is NVIDIA CEO's view on the broader AI and tech industry, which indicated robust demand amid supply crunch as well as the impact of AI on every sphere of the economy.
ETFs in Focus Post IBM's Q1 Revenue Miss, HashiCorp Deal
by Sweta Killa
International Business Machines (IBM) beat estimates for earnings but missed the same for revenues. Shares are declining following earnings announcement.. Also, IBM agreed to buy HashiCorp (HCP) for $35 per share in cash.
Forget Meta-Led Slump: 3 Reasons to Buy Tech ETFs on the Dip
by Sanghamitra Saha
Meta Platforms' weak revenue guidance hit the stock and the broader tech sector badly. But strong long-term future of the tech sector, likely Fed rate cuts from late-2024 are tailwinds for the space. Big tech stocks are losing the benefits of easy comps. Time to get accustomed to it.
5 High-Dividend ETFs Available Under $70 to Play Now
by Sanghamitra Saha
While the S&P 500 has recorded an incredible rally lately, topping the 5,000-mark, there are valid reasons to approach the current situation with caution.
IBM Shares Surges Post Upbeat Q4: ETFs in Focus
by Sanghamitra Saha
IBM shares gained as much as 9.5% in the key trading session on Jan 25, 2024 as it beat on both lines in the fourth-quarter earnings.