Stock

Amazon stock plunges as company reports nearly $4 billion loss

Rodriquez April 29, 2022

The tech giant on Thursday said it had a net loss of $3.8 billion in the quarter ended March 31, a sharp drop in income from the same period last year, when it made an $8.1 billion profit. It was also a big miss from the $4.4 billion profit that analysts surveyed by Refinitiv had forecast.

Amazon (AMZN) shares sank around 10% in after-hours trading following the results.

“The pandemic and subsequent war in Ukraine have brought unusual growth and challenges,” Amazon CEO Andy Jassy said in a statement.

Amazon’s overall revenue grew 7% from the same period

 

Zoom stock up on new variant fears

Rodriquez November 27, 2021

Zoom shares closed up 5.7% and Peloton stock closed up 5.6% Friday as concerns of a new Covid variant in South Africa tumbled markets. Shares of Netflix and Roku, two other stay-at-home companies that have benefited from the pandemic, were up about 1.6% for the day.

Zoom and Peloton are still down 34% and 69% for the year, respectively, as people have returned to work, school and gyms.

The extent of the spread of the new variant is still unknown and it’s unclear what kind of impact, if any, it will have. But, it’s a reversal from earlier in the

 

Is Diodes (DIOD) Stock Outpacing Its Computer and Technology Peers This Year?

Rodriquez November 6, 2021

Investors interested in Computer and Technology stocks should always be looking to find the best-performing companies in the group. Is Diodes (DIOD) one of those stocks right now? A quick glance at the company’s year-to-date performance in comparison to the rest of the Computer and Technology sector should help us answer this question.

Diodes is a member of our Computer and Technology group, which includes 648 different companies and currently sits at #6 in the Zacks Sector Rank. The Zacks Sector Rank considers 16 different sector groups. The average Zacks Rank of the individual stocks within the groups is

 

Is Zscaler (ZS) Stock Outpacing Its Computer and Technology Peers This Year?

Rodriquez August 31, 2021

Investors focused on the Computer and Technology space have likely heard of Zscaler (ZS), but is the stock performing well in comparison to the rest of its sector peers? One simple way to answer this question is to take a look at the year-to-date performance of ZS and the rest of the Computer and Technology group’s stocks.

Zscaler is a member of our Computer and Technology group, which includes 628 different companies and currently sits at #12 in the Zacks Sector Rank. The Zacks Sector Rank considers 16 different groups, measuring the average Zacks Rank of the individual stocks

 

Is Agilent Technologies (A) Stock Outpacing Its Computer and Technology Peers This Year?

Rodriquez June 25, 2021

For those looking to find strong Computer and Technology stocks, it is prudent to search for companies in the group that are outperforming their peers. Is Agilent Technologies (A) one of those stocks right now? By taking a look at the stock’s year-to-date performance in comparison to its Computer and Technology peers, we might be able to answer that question.

Agilent Technologies is one of 619 individual stocks in the Computer and Technology sector. Collectively, these companies sit at #11 in the Zacks Sector Rank. The Zacks Sector Rank considers 16 different groups, measuring the average Zacks Rank of

 

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