UBS Sees Optimism in US Equities, but Expects Volatility Ahead Key Points from the UBS Note UBS is optimistic about the future of US equities, but warns of potential volatility in the market. The note, titled “Mixed data point to uneven path to soft landing,” highlights the importance of how quickly the Federal Reserve will…
Welcome to the Avalanche of Cryptocurrency! AVAX: Rising from the Ashes Let’s talk about AVAX, the native cryptocurrency of Avalanche. This digital asset has been through quite a rollercoaster ride lately. Just as everyone thought it was headed for the depths of despair, it surprised us all with a remarkable rebound. As of January 31,…
Oh Canada! The Canadian Dollar Holding Strong Against the USD What’s Happening with the CAD? The Canadian Dollar (CAD) is showing some resilience against the US Dollar (USD) at around the 1.37 point. With improved risk appetite and steady stock market trends, the CAD has been able to maintain its minor improvement. However, recent setbacks…
Roku Shares Soar on Strong Q4 Results What Happened? Roku (ROKU) shares are jumping around 15% in premarket trading Friday, after the streaming company posted better-than-estimated fourth-quarter results. The company reported revenue of $649.9 million, a 58% year-over-year increase, and beat analyst expectations of $617 million. Roku also reported a loss per share of $0.13,…
Welcome to the Zacks Blog! Unlocking the Secrets of Stock Market Success Here at Zacks, we have a unique approach to picking stocks that has yielded impressive results for our clients. Our focus is on the proven Zacks Rank system, which places a heavy emphasis on earnings estimates and estimate revisions to identify top-performing stocks….
Shell plc Announces Final Results of Exchange Offers Press Release October 4, 2024 Shell plc (“Shell”) (LSE: SHEL) (NYSE: SHEL) (EAX: SHELL) today announced the final results of its previously announced offers to exchange (the “Exchange Offers” and each, an “Exchange Offer”) up to a maximum aggregate principal amount of $12 billion (the “Maximum Amount”)…
The Rise of Okta in the Cybersecurity Market In recent years, Okta has seen a significant increase in its market share in the cybersecurity industry. From 0.3% in 2017 to 1.2% in 2024, Okta’s growth is a testament to its strong focus on research and development, particularly in the area of Identity and Access Management…
The Surprisingly Low Unemployment Claims Amidst Mass Federal Layoffs: A Quirky Look In a quirky twist of fate, the number of people filing for unemployment benefits last week barely budged from their record-low levels, despite the mass federal layoffs initiated by President Trump. This unexpected turn of events left economists and job seekers alike scratching…
