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Zacks Equity Research

ROKU's Active Accounts Hit 51.2 Million on Cord-Cutting

Roku (ROKU) witnessed strong growth in active accounts and streaming hours that reflects increasing cord cutting by U.S. households.

TPositive Net Change CMCSAPositive Net Change AMZNPositive Net Change ROKUPositive Net Change

Radhika Pujara

Dow Jones Jumps 600 Points: Bet on 4 Momentum Stocks to Win Big

Here we discuss four momentum-focused top-ranked Dow Jones stocks -- JPM, GS, PG and MRK -- that are well poised to flourish in 2021 on strong fundamentals.

JPMPositive Net Change GSPositive Net Change AXPNegative Net Change MRKPositive Net Change PGPositive Net Change

Zacks Equity Research

Simulations Plus (SLP) to Post Q1 Earnings: What's in Store?

Simulations Plus (SLP) fiscal first-quarter results are likely to reflect gains from solid uptick in modeling and simulations workflow platform for drug development across pharma and biotech industries.

AVTPositive Net Change MXIMPositive Net Change APHNegative Net Change SLPNegative Net Change

Zacks Equity Research

Facebook (FB) Bans Political Ads Post Georgia Senate Runoffs

Facebook (FB) is set to reinforce political ad bans in Georgia post Senate runoffs after facing criticism over misinformation handling.

MSFTNegative Net Change FBPositive Net Change GOOGLPositive Net Change TWTRPositive Net Change

Zacks Equity Research

Shopify's (SHOP) Momentum Likely to Continue in 2021: Here's Why

Shopify (SHOP) stock is likely to continue the upward momentum as the coronavirus-led movement restrictions and social distancing requirements fuel demand for e-commerce services.

WMTNegative Net Change FBPositive Net Change SHOPPositive Net Change PINSPositive Net Change

Zacks Equity Research

Alibaba (BABA) Puts Stop on Weak-Performing Xiami Service

Alibaba (BABA) announces the closure of its music streaming service, Xiami. This will free up resources for business diversification.

TCEHYNegative Net Change PLCENegative Net Change BABAPositive Net Change QRTEAPositive Net Change

Zacks Equity Research

Netflix's (NFLX) Bridgerton Hits the Right Chord With Viewers

Netflix's (NFLX) strong original content portfolio that includes Bridgerton and the movie We Can Be Heroes, is expected to steer away competition as well as boost subscriber base in 2021.

AMZNPositive Net Change AAPLPositive Net Change DISPositive Net Change NFLXNegative Net Change

Radhika Pujara

4 Platform Providers to Tap Gains From E-commerce Boom in 2021

Here we discuss four e-commerce platform providers, including Shopify (SHOP), MercadoLibre (MELI), Etsy (ETSY) and Square (SQ), for investors looking to tap this flourishing market to gain big in 2021.

SPYPositive Net Change FBPositive Net Change ETSYNegative Net Change MELINegative Net Change SQPositive Net Change SHOPPositive Net Change EBIZNegative Net Change

Zacks Equity Research

PayPal (PYPL) Unveils Cash a Check Feature for Select Customers

PayPal (PYPL) introduces the Cash a Check feature in the Venmo app, which is likely to drive its momentum in the second stimulus round.

KLACPositive Net Change GRMNPositive Net Change PYPLPositive Net Change SQPositive Net Change

Zacks Equity Research

TEGNA (TGNA) and NBC Ink Multi-Year Deal to Renew Affiliation

TEGNA (TGNA) and NBC extend partnership with multi-year deal to renew station affiliation agreements for 20 TEGNA markets in the United States.

TPositive Net Change CMCSAPositive Net Change TGNAPositive Net Change ROKUPositive Net Change

Zacks Equity Research

ViacomCBS (VIAC) Strikes Distribution Deal With Disney's Hulu

ViacomCBS (VIAC) strikes multi-year distribution deal with Disney-owned Hulu+ Live TV to boost user engagement levels and drive ad revenues.

CMCSAPositive Net Change DISPositive Net Change GOOGLPositive Net Change

Zacks Equity Research

Broadcom (AVGO) Prices Senior Notes, Aims to Boost Balance Sheet

Broadcom (AVGO) prices senior secured notes to repay debts and boost balance sheet.

MUPositive Net Change NVDAPositive Net Change AVGOPositive Net Change MTSIPositive Net Change

Radhika Pujara

Semiconductor Market on Growth Trajectory: 4 Strong Buys

Here we discuss four semiconductor stocks, namely NVIDIA (NVDA), Micron (MU), MACOM (MTSI), and Advanced Energy (AEIS), for investors looking to tap gains on surge in semiconductor sales.

MUPositive Net Change NVDAPositive Net Change INTCPositive Net Change AAPLPositive Net Change AEISPositive Net Change SOXXPositive Net Change MTSIPositive Net Change

Zacks Equity Research

Discovery (DISCA) Sets Foot in the Online Streaming Market

Discovery (DISCA) enters the online streaming space with discovery+, which will be available in the United States on Amazon Fire Tv, Roku and other platforms, from Jan 4.

VZPositive Net Change AMZNPositive Net Change DISCAPositive Net Change ROKUPositive Net Change

Radhika Pujara

5 Stocks to Benefit From the Top 5 Trends in 2021

Here we discuss the top five stocks, ZM, TDOC, PYPL, TSLA and FSLR, that are set to prosper on top five defining trends in 2021.

FSLRPositive Net Change CRMNegative Net Change TSLAPositive Net Change TDOCNo Net Change PYPLPositive Net Change ZMNegative Net Change

Zacks Equity Research

Apple (AAPL) Removes 46,000 Apps From China App Store

Apple (AAPL) removes over 46,000 apps from its App Store in China to comply with China's content regulators despite continued efforts to aid developers globally.

AAPLPositive Net Change TTWOPositive Net Change GOOGLPositive Net Change UBSFYNegative Net Change

Aniruddha Ganguly

5 Stocks to Benefit From the "As-a-Service" Revolution

Robust spending on cloud computing services bodes well for SaaS, PaaS and IaaS service providers like TTD, ZS, DBX, MSFT and AMZN.

MSFTNegative Net Change AMZNPositive Net Change TTDPositive Net Change DBXNegative Net Change ZSNegative Net Change

Zacks Equity Research

Portfolio Strength & Partnerships Aid PayPal (PYPL) Amid Headwinds

PayPal's (PYPL) Venmo and OneTouch are driving growth in its key metric - total payment volume. However, competition risks and foreign exchange headwinds remain concerning.

CNegative Net Change MAPositive Net Change VPositive Net Change PYPLPositive Net Change

Shilpa Mete

Amazon Peps Up Music-Streaming Game Against Spotify, Apple & Others

Amazon (AMZN) signs an agreement to acquire Wondery to expand its podcast content, which is likely to improve its competitive edge against Spotify, Alphabet, Apple and Sirius.

AMZNPositive Net Change AAPLPositive Net Change SIRIPositive Net Change GOOGLPositive Net Change SPOTNegative Net Change

Zacks Equity Research

Apple's (AAPL) App Store Beats Google Play in Christmas Sales

Apple's (AAPL) App store surpasses Google Play Store in terms of Christmas Day 2020 consumer spending according to Sensor Tower data.

MSFTNegative Net Change AAPLPositive Net Change

Vasundhara Sawalka

5 Internet Software Stocks Up More Than 200% in 2020

Here we discuss five Internet-Software stocks, ZM, SQ, PINS, APPS, CRWD, which have gained more than 200% in 2020, aided by coronavirus-induced shift from on-premise to cloud environments - both public and hybrid.

SQPositive Net Change APPSPositive Net Change ZMNegative Net Change PINSPositive Net Change CRWDPositive Net Change

Zacks Equity Research

Square (SQ) in Talks to Buy Tidal to Enter Music Streaming Space

Square (SQ) set to acquire Tidal, which is expected to intensify the competition in the music streaming market.

AMZNPositive Net Change GOOGLPositive Net Change SQPositive Net Change SPOTNegative Net Change

Vasundhara Sawalka

3 Social Media Stocks That Could Keep Thriving in 2021

Here we discuss three social media stocks, FB, PINS and SNAP, which are expected to benefit from spike in user growth and digital dependency amid the new normal in 2021.

FBPositive Net Change SHOPPositive Net Change SNAPNegative Net Change PINSPositive Net Change

Ritujay Ghosh

E-commerce Boosts Holiday Retail Sales: 4 Solid Picks

Retailers like target Corporation (TGT), Dicks Sporting (DKS) and L Brands (LB), which have a strong online presence, are likely to benefit in the future also as more people are shopping online.

TGTPositive Net Change DKSPositive Net Change MAPositive Net Change OSTKNegative Net Change LBPositive Net Change

Zacks Equity Research

Zoom (ZM) Explores Email, Messaging, Calendar Services

Zoom Video (ZM) is considering expanding its product base to email, messaging, calendar services and more to sustain revenue growth in 2021.

MSFTNegative Net Change CSCONegative Net Change GOOGLPositive Net Change ZMNegative Net Change