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Zacks News
ETF Winners Amid Tech's Roller-Coaster Ride in a Year
by Sanghamitra Saha
Shares of high-growth technology companies lost trillions of market cap in the past year (based on the 12-month drop in the Nasdaq), per CNBC.
ETFs in Focus Post Oracle Earnings
by Sweta Killa
Oracle reported mixed first-quarter fiscal 2023 results. ORCL's earnings missed the Zacks Consensus Estimate, while revenues came in line.
Intel Misses Q2 Earnings Estimate, Cuts View: ETFs in Focus
by Sweta Killa
Intel missed estimates for both earnings and revenues and slashed the outlook for the fiscal year, citing cooling demand for its chips used in personal computers.
IBM Tops Q2 Earnings, Warns of Forex Hit: ETFs in Focus
by Sweta Killa
IBM beat earnings and revenue estimates in its second quarter 2022 results. However, the company warned of a $3.5 billion forex hit.
Q2 Earnings Surprise in Cards for IBM: ETFs in Focus
by Sweta Killa
IBM has gained 10.2% over the past three months outperforming the industry, which has declined 2.4%. The positive trend is expected to continue as IBM saw increasing earnings estimates for the yet-to-be-reported quarter right before the earnings announcement.
Intel Q1 Earnings Beat Estimates: ETFs in Focus
by Sweta Killa
Intel smashed estimates for both earnings and revenues but provided a downbeat outlook for the second quarter, citing weak PC demand from consumers and macroeconomic uncertainty.
ETFs to Buy as IBM Tops Estimates in Q1 Earnings
by Sweta Killa
International Business Machines (IBM) cheered investors as it reported solid first-quarter 2022 results.
ETFs to Gain on Intel's Buyout of Tower Semiconductor
by Sweta Killa
Intel has agreed to buy Israel-based chipmaker Tower Semiconductor for $5.4 billion to expand its manufacturing capacity and technology portfolio amid rising demand.
Is the Rate-Related Rout in Tech ETFs Over?
by Sanghamitra Saha
Though tech stocks have been beaten-down on rising rate worries since the start of 2022, the space surprisingly staged a jump on Jan 26, 2022 despite a hawkish signal from the Fed.
Intel Q4 Earnings Put These ETFs in Focus
by Sweta Killa
Intel smashed estimates for both earnings and revenues but provided a mixed outlook for the first quarter.