Zacks Investment Research

Current Earnings Outlook Reflects Stability

Note: The following is an excerpt from this week’s Earnings Trends report. You can access the full report that contains detailed historical actual and estimates for the current and following periods, please click here>>> Here are the key points: There has been a notable improvement in the earnings outlook in recent months, with positive revisions for several key sectors since the start...

Smiling young woman receiving a food delivery at her doorstep

Maplebear, aka Instacart, drops; Needham initiates at Hold saying stock is fairly valued

pixelfit/E+ via Getty Images Maplebear (NASDAQ:CART), aka Instacart, fell 5% on Wednesday before the open, one day after its public market debut. Shares jumped 40% on Tuesday after pricing at $30 Needham, and closed up 13% for an $11.5B valuation. Analysts from Needham were among the first to rate the stock, initiating coverage with a Hold rating and no price...

Tech IPOs: There won't be 'one set success rate' in the coming quarter, analyst says

Tech IPOs are back, deal valuations are rising. Don’t get fooled again

Shopper using Instacart Source: Instacart As tech startups test the IPO market again, they are pushing up their valuations. After last week’s successful market debut of chip company Arm, two of the most eagerly anticipated IPOs of former high-flying startups have upped their initial public offering valuations — online grocery firm Instacart and marketing automation company Klaviyo. But don’t be...

Republicans in Congress have sponsored four bills that aim to curtail ESG investing in retirement plans.

Legislation Aims to Ban This From Your Retirement Plan

Proposed legislation making its way through Congress could limit the types of investments employer-sponsored retirement plans can offer. Republicans in the House of Representatives submitted four bills that would reverse a rule permitting retirement plan fiduciaries from including environmental, social and governance (ESG) considerations when selecting investments for plan participants. Do you have questions about the pros, cons and other...

Jobs asking for credit score

4 Jobs That Will Ask for Your Credit Score

© dookdui, 123RF Free Images Having good credit is not only important when applying for loans and credit cards, but also certain jobs. About half of companies with US locations include a financial or credit screening in the background check they run on job candidates. Potential employers are especially likely to check your credit report if you’re applying for a...

DTE stock chart

The Top 4 Utilities for Value, Yield, and Upside Potential

The Utilities (NYSEARCA: XLU) sector is not a glamorous one, but it will be among the top sectors for growth in Q3 2023 and full-year 2023. Its growth will also continue at a solid pace in 2024. The uncertain nature of the investment environment, the pace of inflation, and the FOMC’s next moves, are three reasons the sector is appealing...

Arm chart

LatAm Tech Weekly: ARM’s Debut and More to Follow

This article is part of the LatAm Tech Weekly Series, written by Julia De Luca and powered by Nasdaq. Through Nasdaq’s global network, we partner with Latin American companies to support their entire business lifecycle to elevate their brand and access the global markets. Learn more about Latin American Listings here. We are approaching the season when all the tech gatherings come alive in...

IPO AHEAD - Business Chalkboard Background

Klaviyo expected to sell IPO shares at $29 or more – report (Pending:KVYO)

hanibaram/iStock via Getty Images Klaviyo (KVYO), a marketing automation company, plans to sell shares in its initial public offering at the top of or above its marketed range of $29 to $30. The firm is considering whether to price the shares at $29 or $30 a share, according to a Bloomberg report on Tuesday, which cited people familiar. Klaviyo (KVYO)...

Investing In Flying Cars | Nasdaq

Investing In Flying Cars | Nasdaq

Electronic vertical take-off and landing (E-VTOL) aircraft have been in the news recently, after Joby Aviation (JOBY) announced that they are building a production facility in Dayton, Ohio that, according to the company’s founder, JoeBen Bevirt, whose name is presumably the source of the JOBY thing, could someday support two thousand jobs and produce five hundred aircraft per year. That...

Planning Your Retirement? Don't Forget About Home Equity

Planning Your Retirement? Don’t Forget About Home Equity

Historically, financial advice has treated homes as a source of wealth. When you buy a house – common wisdom holds – you treat it as a financial asset that can accrue value and contribute to your retirement plan.  But in reality, there are many problems with this advice. Home prices are slippery and unreliable, and maintaining a house over the years...