JHVEPhoto/iStock Editorial via Getty Images Shares of Edwards Lifesciences Corp. ( EW ) have found themselves in a stable rhythm after the company delivered a solid year in 2025. After the business has focused on the heart in recent years, the question is if this can win over the hearts of investors going forward. I like what I see, given a strong track record and potential for growth to continue ...
JHVEPhoto/iStock Editorial via Getty Images Shares of Edwards Lifesciences Corp. ( EW ) have found themselves in a stable rhythm after the company delivered a solid year in 2025. After the business has focused on the heart in recent years, the question is if this can win over the hearts of investors going forward. I like what I see, given a strong track record and potential for growth to continue in the years to come, making me upbeat here, and willing to buy shares on dips. Similar strong secular growth players are covered in greater detail at Value In Corporate Events. A Solid End To 2025 Edwards Lifesciences recently reported a 13% increase in fourth-quarter sales, with full-year revenues up just over 11% to nearly $6.1 billion, including a tiny currency tailwind (given that about 60% of sales are generated in the US). Constant currency growth is reported near 11% for the year. Growth continues and is very interesting. The core transcatheter aortic valve replacement business grew significantly, up high-single digits, reaching $4.5 billion in sales, making up three-quarters of revenue. Surgical structural heart revenues of $1.0 billion were up in the mid-single digits, as the real growth driver is the transcatheter mitral and tricuspid therapies business, or TMTT. Full-year revenues rose as much as 56% to $550 million, now making up nearly 10% of sales. Fourth-quarter revenue growth slowed down to 40%, as quarterly revenues of $156 million suggest a >$600 million revenue run rate. Despite the solid pace of growth, adjusted earnings of $2.56 per share advanced by just thirteen cents over the year before, with adjusted earnings reported at $1.50 billion in dollar terms. This number looks quite clean, as Edwards operates with a strong net cash position of around $2.4 billion. With a share count of 582 million shares outstanding, these holdings are equal to about $4 per share. Looking Ahead The company guided for continued growth in 2026, with sales seen up 8-10% on t...
Architect whose cultural projects included the Royal Exchange theatre in Manchester and the remodelling of St Luke’s church for the LSO When men first walked on the moon in 1969, “space age” design began to percolate into mainstream architecture. One of the most literal and dramatic interpretations of this futuristic trend was the Royal Exchange theatre in Manchester, a heptagonal theatre-in-the-r...
Architect whose cultural projects included the Royal Exchange theatre in Manchester and the remodelling of St Luke’s church for the LSO When men first walked on the moon in 1969, “space age” design began to percolate into mainstream architecture. One of the most literal and dramatic interpretations of this futuristic trend was the Royal Exchange theatre in Manchester, a heptagonal theatre-in-the-round contained in an ultra-modern structure of tubular steel and glass inspired by Nasa’s lunar lander. A key member of its design team was Axel Burrough, of Levitt Bernstein Architects, who has died aged 79. The theatre module, which Burrough designed with David Levitt and Malcolm Brown, squats within the imposing neo-classical confines of the historic Royal Exchange . When the Exchange finally ceased trading in 1968, its grade two listed status ruled out conventional uses and refurbishment strategies, but it could be made to accommodate a building-within-a-building, conjuring a compelling visual and experiential contrast between old and new. Continue reading...
Walter Cicchetti/iStock Editorial via Getty Images Intuit's ( INTU ) executive leadership team and company founder are terminating all outstanding prescheduled 10b5-1 stock sale plans to underscore their belief that the company's stock is "misaligned with the company's fundamental value," the company said on Monday. Intuit stock rose 1.8% in premarket trading. In the past three months, the company...
Walter Cicchetti/iStock Editorial via Getty Images Intuit's ( INTU ) executive leadership team and company founder are terminating all outstanding prescheduled 10b5-1 stock sale plans to underscore their belief that the company's stock is "misaligned with the company's fundamental value," the company said on Monday. Intuit stock rose 1.8% in premarket trading. In the past three months, the company's stock has declined 34% as investors fear that AI will supplant the need for older software companies' products and services. The move also comes after the firm bought $961M of its stock in its fiscal Q2, with $3.5B remaining in its repurchase authorization. The company's fiscal year ends on July 31. "With the combination of data, AI, and human intelligence, we are expanding our addressable market beyond the software category and becoming the AI-fueled human interface that customers demand to have complete confidence, all while scaling ARPC (average revenue per customer) and expanding margin, resulting in accelerated growth," said Intuit chairman and CEO Sasan Goodarzi in a blog post . "We are more confident than ever in our game plan to win the interface layer that matters most to our customers." Under current market conditions, repurchasing the stock remaining in its authorization would approximately double its H1 repurchase pace and nearly double full-year buybacks compared with the previous year. "Repurchases under the remaining authorization, together with expected dividends, would represent a substantial increase in capital returned to shareholders in fiscal year 2026," the company said. More on Intuit Intuit Inc. (INTU) Presents at Morgan Stanley Technology, Media & Telecom Conference 2026 Transcript Intuit Inc. (INTU) Q2 2026 Earnings Call Transcript Intuit's $100B Panic: Premature AI Death Call Baron Durable Advantage Fund adds PWR; cuts stake in AVGO, MA, INTU among Q4 moves Intuit reaffirms 12–13% revenue growth guidance for 2026 while expanding AI-driven platf...
SoundHound AI Booth #1844 to feature live demos of the company’s groundbreaking multimodal, multilingual Agentic+ platform running entirely on-device – including context aware Vision AI SANTA CLARA, Calif., March 16, 2026 (GLOBE NEWSWIRE) -- SoundHound AI, Inc. (Nasdaq: SOUN), a global leader in voice and conversational AI, today announced its participation in NVIDIA GTC 2026. At Booth #1844, Soun...
SoundHound AI Booth #1844 to feature live demos of the company’s groundbreaking multimodal, multilingual Agentic+ platform running entirely on-device – including context aware Vision AI SANTA CLARA, Calif., March 16, 2026 (GLOBE NEWSWIRE) -- SoundHound AI, Inc. (Nasdaq: SOUN), a global leader in voice and conversational AI, today announced its participation in NVIDIA GTC 2026. At Booth #1844, SoundHound will showcase the world’s first multimodal, multilingual, fully Agentic+ AI platform running entirely on the edge, opening up incredible new possibilities for OEMs. While complex agentic AI requests have typically relied on cloud connectivity, SoundHound’s platform is capable of localizing the agentic stack within the vehicle’s architecture. This breakthrough allows the vehicle to move beyond simple voice commands to become a proactive partner that can see, hear, and reason locally – ensuring 100% uptime, fast responses, and enhanced user privacy. What Attendees Can Expect at Booth #1844: World’s First Multimodal Agentic+ Platform On the Edge: Delegates will experience how fast and easy it is for automakers and developers to build and deploy AI agents on the edge. The Agentic+ platform is compatible with multiple protocols (including MCP and A2A), allowing for a mix of self-built, pre-built, and external agents to work together locally and within a single interface. Attendees are invited to get hands-on with a fully conversational technology designed to control vehicle functions, provide full navigational capabilities, and answer vehicle-related questions without having to access a remote server. Voice AI on the Edge, with NVIDIA: Powered by SoundHound’s agentic platform and the NVIDIA DRIVE AGX Orin platform, this edge solution delivers in-vehicle generative AI responses. SoundHound’s platform ensures that even in areas with zero connectivity, the driver has access to a sophisticated, human-like digital assistant capable of complex reasoning and real-time problem so...
Kinross Gold Corporation’s KGC shares have gained 36.1% over the past six months, thanks to an unprecedented rally in gold prices and its solid earnings performance, buoyed by higher realized prices. KGC has outperformed the Zacks Mining – Gold industry’s growth of 34.7% and the S&P 500’s rise of 1.3%. Its gold mining peers, Barrick Mining Corporation B, Newmont Corporation NEM and Agnico Eagle Mi...
Kinross Gold Corporation’s KGC shares have gained 36.1% over the past six months, thanks to an unprecedented rally in gold prices and its solid earnings performance, buoyed by higher realized prices. KGC has outperformed the Zacks Mining – Gold industry’s growth of 34.7% and the S&P 500’s rise of 1.3%. Its gold mining peers, Barrick Mining Corporation B, Newmont Corporation NEM and Agnico Eagle Mines Limited AEM, have rallied 43.6%, 39.2% and 35.4%, respectively, over the same period. KGC’s 6-month Price Performance Image Source: Zacks Investment Research Technical indicators show that KGC has been trading above the 200-day simple moving average (SMA) since March 6, 2024. It slipped below its 50-day SMA on March 5, 2026, amid a retreat in gold prices on inflation concerns triggered by the ongoing Middle East war. Nevertheless, the 50-day SMA continues to read higher than the 200-day SMA, indicating a bullish trend. Kinross Trades Below 50-Day SMA Image Source: Zacks Investment Research Let’s take a look at KGC’s fundamentals to better analyze how to play the stock. Key Development Projects to Boost KGC’s Growth Kinross has a strong production profile and boasts a promising pipeline of exploration and development projects. Its key development projects and exploration programs remain on track. These projects are expected to boost production and cash flow, and deliver significant value. The successful execution of these projects will position the company for a new wave of low-cost, long-life production. KGC, in January 2026, said that it is progressing with the construction of three organic growth projects to expand its U.S. portfolio. This is aimed at extending mine life and cost optimization. The projects are Round Mountain Phase X and Bald Mountain Redbird 2 in Nevada, and the Kettle River–Curlew project in Washington. Together, these projects are expected to contribute significantly to Kinross’ U.S. production profile and add a strong value proposition with a combi...
Eurazeo Co-CEO William Kadouch-Chassaing says he doesn't see the same issues in the private credit space in Europe that are seen in the US. Speaking to Bloomberg's Tom Mackenzie and Lizzy Burden, he says "in our credit business, which represents 5% of our AUM, we have less than 9% exposure to software." This interview occurred on Friday, March 13. (Source: Bloomberg)
Eurazeo Co-CEO William Kadouch-Chassaing says he doesn't see the same issues in the private credit space in Europe that are seen in the US. Speaking to Bloomberg's Tom Mackenzie and Lizzy Burden, he says "in our credit business, which represents 5% of our AUM, we have less than 9% exposure to software." This interview occurred on Friday, March 13. (Source: Bloomberg)
PhonePe, India’s biggest digital payments platform, has put its IPO plans on hold, citing geopolitical tensions and a volatile stock market. On Monday, the Bengaluru-based company said it had paused its IPO plans, but remains committed to going public once market conditions improve. The move comes less than two months after the fintech filed an updated IPO prospectus, targeting a listing on Indian...
PhonePe, India’s biggest digital payments platform, has put its IPO plans on hold, citing geopolitical tensions and a volatile stock market. On Monday, the Bengaluru-based company said it had paused its IPO plans, but remains committed to going public once market conditions improve. The move comes less than two months after the fintech filed an updated IPO prospectus, targeting a listing on Indian stock exchanges later this year. Escalating tensions in the Middle East have rattled global financial markets and pushed oil prices higher, prompting investors to retreat from stock markets. India’s benchmark equity indexes, the Nifty 50 and BSE Sensex, have each fallen about 9% over the past month, and hundreds of Indian stocks have recorded double-digit declines since the conflict started on February 28. PhonePe, valued at about $12 billion in January 2023, was targeting a market capitalization of around $15 billion in its IPO, which could have raised as much as $1.5 billion. More recently, however, investment bankers working with PhonePe on its IPO had suggested lowering its valuation expectations to about $9 billion, two people familiar with the company told TechCrunch. PhonePe said any claims that the IPO is being paused due to valuation concerns are “baseless.” “We paused the process only because of the current market conditions, which are unrelated to PhonePe,” a company spokesperson said in an emailed statement. Techcrunch event Disrupt 2026: The tech ecosystem, all in one room Your next round. Your next hire. Your next breakout opportunity. Find it at TechCrunch Disrupt 2026, where 10,000+ founders, investors, and tech leaders gather for three days of 250+ tactical sessions, powerful introductions, and market-defining innovation. Register now to save up to $400. Save up to $300 or 30% to TechCrunch Founder Summit 1,000+ founders and investors come together at TechCrunch Founder Summit 2026 for a full day focused on growth, execution, and real-world scaling. Learn ...
Citigroup Inc. has hired Morgan Stanley banker Eric Farina as global co-head of infrastructure financing and capital solutions, according to a memo reviewed by Bloomberg News. Farina will co-lead the new custom financing effort alongside Rob Cascarino , who will also continue in his role as Citigroup’s co-head of debt capital markets for Europe, the Middle East and Africa, according to the memo fr...
Citigroup Inc. has hired Morgan Stanley banker Eric Farina as global co-head of infrastructure financing and capital solutions, according to a memo reviewed by Bloomberg News. Farina will co-lead the new custom financing effort alongside Rob Cascarino , who will also continue in his role as Citigroup’s co-head of debt capital markets for Europe, the Middle East and Africa, according to the memo from Achintya Mangla , the bank’s financing chief. Farina and Cascarino will report to John McAuley and Chris Munro , Citigroup’s global debt capital markets heads. The IFCS group will help arrange custom financings for Citigroup’s clients depending on their needs, according to the memo. Financing needs are evolving as more money pours into developing critical infrastructure across energy, transportation and artificial intelligence, Mangla wrote. He said the bank is “committed to delivering curated solutions that reflect the full capabilities of the capital market ecosystem” to clients. Farina, who will be based in New York, most recently led infrastructure finance and private capital markets at Morgan Stanley. A spokesperson for Citigroup confirmed the contents of the memo. The hire comes after Citigroup last month assembled a group of bankers focused on the artificial intelligence infrastructure boom .
Welcome to Next Africa, a daily newsletter on where the continent stands now — and where it’s headed. Sign up here to have it delivered to your email. In today’s edition, we look at how the Iran war has impacted North African nations, as well as: Rwanda threatens to withdraw its troops from Mozambique Ethiopia asks its citizens to use fuel sparingly And finally, Uganda’s Bobi Wine flees the countr...
Welcome to Next Africa, a daily newsletter on where the continent stands now — and where it’s headed. Sign up here to have it delivered to your email. In today’s edition, we look at how the Iran war has impacted North African nations, as well as: Rwanda threatens to withdraw its troops from Mozambique Ethiopia asks its citizens to use fuel sparingly And finally, Uganda’s Bobi Wine flees the country Contrasting Fortunes They’re far from the missiles striking the Gulf, but North Africa’s Arab-majority states aren’t escaping the effects of an Iran war that’s raging for a third week. Oil beyond $100 a barrel is an immediate economic blow for some of the countries stretching along the southern Mediterranean. OPEC members Libya and Algeria may get a boost. For Egypt, easily the most-populous, the effect has been pronounced . Prices at Cairo fuel pumps went up by as much as 17% last week, yet the fallout went beyond energy bills. Billions of dollars in portfolio investment have exited, government bonds slumped and its pound hit an all-time low — testing International Monetary Fund-backed reforms designed to guard against future crises. All the same, Goldman Sachs and others point out that Egypt — armed with record foreign-currency buffers and an apparent resolve to take tough steps — is in a better position to weather a storm than just two years ago. It’s a different story in Algeria, home to some of the continent’s largest oil and gas reserves. There are hopes the surge in crude prices will relieve public finances stretched by high government spending, including on a sprawling web of state salaries and subsidies seen as key to maintaining social order. Arch-rival Morocco, meanwhile, relies on energy imports. It’s been on a mission to refocus spending and trim subsidies in recent years, efforts that helped it recover an investment-grade rating. State intervention to mitigate the war’s effects and a more hawkish monetary policy might jeopardize those gains and raise funding...
ASHBURN, Va., March 16, 2026 (GLOBE NEWSWIRE) -- Telos Corporation (NASDAQ: TLS), a leading provider of cyber, cloud and enterprise security solutions for the world’s most security-conscious organizations, has posted its 2025 fourth quarter and full year financial results on its investor relations website at https://investors.telos.com. Telos will host a live webcast to discuss its fourth quarter ...
ASHBURN, Va., March 16, 2026 (GLOBE NEWSWIRE) -- Telos Corporation (NASDAQ: TLS), a leading provider of cyber, cloud and enterprise security solutions for the world’s most security-conscious organizations, has posted its 2025 fourth quarter and full year financial results on its investor relations website at https://investors.telos.com. Telos will host a live webcast to discuss its fourth quarter and full year 2025 financial results today, March 16, 2026, at 9:30 a.m. ET. To access the webcast, visit https://edge.media-server.com/mmc/p/p99edfa3/. Related presentation materials will be available in the Investors section of the Company’s website. In addition, an archived webcast will be posted on the website approximately two hours after the live event concludes. About Telos Corporation Telos Corporation (NASDAQ: TLS) empowers and protects the world’s most security-conscious organizations with efficient, adaptable, and secure solutions that safeguard people, systems, and information. We deliver advanced capabilities across cyber governance, risk, and compliance (GRC) with Xacta®; identity and biometric solutions; secure networks and communications; and TSA PreCheck® enrollment services. Serving the U.S. federal government, regulated industries, and global enterprises, Telos helps customers stay ahead of evolving threats, accelerate compliance, and achieve mission success. Driven by purpose and guided by our core values, we build trusted partnerships, deliver superior solutions, and help create a more secure, interconnected world. Learn more at www.telos.com. Media: media@telos.com Investors: InvestorRelations@telos.com
The S&P 500 Index — Wall Street’s most observed stock index — witnessed an astonishing bull run in the past three years. The massive growth of artificial intelligence (AI) across the world, a low-interest rate regime and accommodative monetary policies pursued by the Fed and several other major central banks and a precipitous decline in the inflation rate helped U.S. stock markets to flourish. How...
The S&P 500 Index — Wall Street’s most observed stock index — witnessed an astonishing bull run in the past three years. The massive growth of artificial intelligence (AI) across the world, a low-interest rate regime and accommodative monetary policies pursued by the Fed and several other major central banks and a precipitous decline in the inflation rate helped U.S. stock markets to flourish. However, the index suffered in 2026 owing to concerns related to the continuity of AI trade and geopolitical conflicts in the Middle East, resulting in a crude oil price surge that could push up the inflation rate and lead to serious doubts over whether the Fed will continue its interest rate cuts and accommodative monetary policies. Despite these headwinds, we have narrowed our search to three S&P 500 stocks with a favorable Zacks Rank that have provided double-digit returns in the past month. These are: Dell Technologies Inc. DELL, Keysight Technologies Inc. KEYS and Ciena Corp. CIEN. Each of our picks carries either a Zacks Rank #1 (Strong Buy) or 2 (Buy). You can see the complete list of today’s Zacks #1 Rank stocks here. The chart below shows the price performance of our three picks in the past month. Image Source: Zacks Investment Research Dell Technologies Inc. Zacks Rank #2 Dell Technologies benefits from strong demand for AI servers driven by the ongoing digital transformation and heightened interest in generative AI applications. DELL secured $34.1 billion in AI server orders, surpassing shipments and building a strong backlog. Strong enterprise demand for AI-optimized servers aids DELL. A robust partner base that includes the likes of NVIDIA, Google, and Microsoft has been a major growth driver. AI server demand remained robust, contributing $9 billion to fourth-quarter 2025 revenues. Dell’s enterprise AI customer base surpassed 4,000, with broad adoption across industries. DELL’s PowerEdge XE9680 AI-optimized server is very much in demand. The launch of advanced AI...
The US has not intervened in energy derivatives markets, Treasury Secretary Scott Bessent said, after the Middle East conflict pushed crude futures to the highest in almost four years. “That rumour’s in the market,” Bessent said in an interview with CNBC when asked whether the US could act in derivatives contracts to bring down the price of oil. “We haven’t done that.” The US has been mulling a me...
The US has not intervened in energy derivatives markets, Treasury Secretary Scott Bessent said, after the Middle East conflict pushed crude futures to the highest in almost four years. “That rumour’s in the market,” Bessent said in an interview with CNBC when asked whether the US could act in derivatives contracts to bring down the price of oil. “We haven’t done that.” The US has been mulling a menu of possible options to tame the surge in oil prices, people familiar with the matter said last week, which included the possibility of the Treasury Department trading oil futures. Questions remain about the effectiveness and mechanics of oil futures trading by the Treasury, the people said at the time. Brent oil surged as high as $119.50 last week before paring the bulk of those gains intraday. The global benchmark traded in a bigger range in less than 48 hours than it has in each of the previous three years. Crude remains above $100 a barrel while prices for refined products like gasoline and jet fuel have also soared. Bessent said that oil prices would likely fall “much lower” than $80 a barrel over the coming months, once the conflict is over.
In this article PTON Follow your favorite stocks CREATE FREE ACCOUNT A Peloton Interactive Inc. logo on a stationary bike at the company's showroom in Dedham, Massachusetts, U.S., on Wednesday, Feb. 3, 2021. Adam Glanzman | Bloomberg | Getty Images Peloton on Monday announced its Commercial Series, the company's first Bike and Tread products built for high-traffic gym floors. The move marks the co...
In this article PTON Follow your favorite stocks CREATE FREE ACCOUNT A Peloton Interactive Inc. logo on a stationary bike at the company's showroom in Dedham, Massachusetts, U.S., on Wednesday, Feb. 3, 2021. Adam Glanzman | Bloomberg | Getty Images Peloton on Monday announced its Commercial Series, the company's first Bike and Tread products built for high-traffic gym floors. The move marks the company's latest push beyond its core at-home business and deeper into the multibillion-dollar commercial fitness market. "I've had the chance of speaking with the CEOs of a number of gyms, gym operators or big-box operators over the last year," CEO Peter Stern told CNBC in an interview. "The one brand their members asked for, and therefore that they are asking for it, 'Find a way to get me Peloton equipment.'" The suite of products is a part of the company's commercial unit, which it launched in 2025 in partnership with Precor, the fitness equipment maker it acquired in 2021. Peloton already has a presence in major businesses like hotel chains Hyatt and Hilton . The company did not say which gyms specifically would offer its new machines. The expansion could broaden Peloton's footprint in the fitness industry. Through its integration with Precor, Peloton now has access to a commercial distribution network spanning more than 60 countries, allowing the company to scale its equipment and digital platform internationally. Stern did not disclose pricing for the new equipment, but said the products will be "priced competitively," with more details expected closer to the planned launch in late 2026. The machines combine Peloton's digital workout platform and instructor-led classes with hardware engineered by Precor to withstand heavy daily use. Pedaling uphill Peloton's push into gyms could face resistance. Some fitness chains have been reluctant to integrate Peloton equipment, preferring to promote their in-house classes, digital platforms and instructors. "I need to leave how gym...
Tevarak/iStock via Getty Images Investment Thesis The ability to distinguish between correlation and causation sits at the heart of all analytical study. It is known that the sun does not rise because the clock strikes a certain hour. Move an observer from Alaska to Panama, and the timing shifts dramatically, while the passage of time itself remains unchanged. It is this fundamental principle that...
Tevarak/iStock via Getty Images Investment Thesis The ability to distinguish between correlation and causation sits at the heart of all analytical study. It is known that the sun does not rise because the clock strikes a certain hour. Move an observer from Alaska to Panama, and the timing shifts dramatically, while the passage of time itself remains unchanged. It is this fundamental principle that makes the broad acceptance of the "Four-Year Cycle" for Bitcoin ( BTC-USD ) so perplexing. In short, I don't buy it. Not as a reason to sit on the sideline waiting for a scheduled cycle bottom, not as a reliable indicator of future performance, and absolutely not as a predictive framework. My perspective is that every significant sustained drawdown in Bitcoin's history has an identifiable macro catalyst that explains it far more convincingly than the calendar attribution. I don't believe a constellation in the sky during my month of birth explains my personality, and I don't believe the passage of four years predicted the collapse of FTX and hawkish central banks in 2022. The Four-Year Cycle, in my view, is the product of coincidence that has been elevated to doctrine by a dedicated community following an emerging asset class hungry for a means to attribute its ebbs and flows. Strip away the financial astrology, and you're left with a defensible narrative of a nascent asset that is undergoing a continuing journey of adoption and market maturity over a 17-year span. For these reasons, I am an aggressive buyer of the fear and view the recent sell-off as a misunderstood moment in time in a constructive long-term narrative. Given sufficient time, Bitcoin's valuation tends to gravitate towards the levels implied by supply models, such as stock-to-flow and changes in the global money supply. To me, these garden-variety bear market corrections will be much less severe than they were prior to the entrance of institutional participants and represent potentially generational buying ...
Alphabet (GOOGL) is one of the stocks most watched by Zacks.com visitors lately. So, it might be a good idea to review some of the factors that might affect the near-term performance of the stock. Shares of this internet search leader have returned +2.4% over the past month versus the Zacks S&P 500 composite's +2.8% change. The Zacks Internet - Services industry, to which Alphabet belongs, has gai...
Alphabet (GOOGL) is one of the stocks most watched by Zacks.com visitors lately. So, it might be a good idea to review some of the factors that might affect the near-term performance of the stock. Shares of this internet search leader have returned +2.4% over the past month versus the Zacks S&P 500 composite's +2.8% change. The Zacks Internet - Services industry, to which Alphabet belongs, has gained 2.7% over this period. Now the key question is: Where could the stock be headed in the near term? Although media reports or rumors about a significant change in a company's business prospects usually cause its stock to trend and lead to an immediate price change, there are always certain fundamental factors that ultimately drive the buy-and-hold decision. Earnings Estimate Revisions Rather than focusing on anything else, we at Zacks prioritize evaluating the change in a company's earnings projection. This is because we believe the fair value for its stock is determined by the present value of its future stream of earnings. We essentially look at how sell-side analysts covering the stock are revising their earnings estimates to reflect the impact of the latest business trends. And if earnings estimates go up for a company, the fair value for its stock goes up. A higher fair value than the current market price drives investors' interest in buying the stock, leading to its price moving higher. This is why empirical research shows a strong correlation between trends in earnings estimate revisions and near-term stock price movements. For the current quarter, Alphabet is expected to post earnings of $1.85 per share, indicating a change of +28.5% from the year-ago quarter. The Zacks Consensus Estimate remained unchanged over the last 30 days. For the current fiscal year, the consensus earnings estimate of $7.60 points to a change of +31% from the prior year. Over the last 30 days, this estimate has changed -0.1%. For the next fiscal year, the consensus earnings estimate of $8....
Uber Technologies (UBER) is one of the stocks most watched by Zacks.com visitors lately. So, it might be a good idea to review some of the factors that might affect the near-term performance of the stock. Shares of this ride-hailing company have returned +9% over the past month versus the Zacks S&P 500 composite's +3.3% change. The Zacks Internet - Services industry, to which Uber belongs, has gai...
Uber Technologies (UBER) is one of the stocks most watched by Zacks.com visitors lately. So, it might be a good idea to review some of the factors that might affect the near-term performance of the stock. Shares of this ride-hailing company have returned +9% over the past month versus the Zacks S&P 500 composite's +3.3% change. The Zacks Internet - Services industry, to which Uber belongs, has gained 0.9% over this period. Now the key question is: Where could the stock be headed in the near term? While media releases or rumors about a substantial change in a company's business prospects usually make its stock 'trending' and lead to an immediate price change, there are always some fundamental facts that eventually dominate the buy-and-hold decision-making. Revisions to Earnings Estimates Here at Zacks, we prioritize appraising the change in the projection of a company's future earnings over anything else. That's because we believe the present value of its future stream of earnings is what determines the fair value for its stock. We essentially look at how sell-side analysts covering the stock are revising their earnings estimates to reflect the impact of the latest business trends. And if earnings estimates go up for a company, the fair value for its stock goes up. A higher fair value than the current market price drives investors' interest in buying the stock, leading to its price moving higher. This is why empirical research shows a strong correlation between trends in earnings estimate revisions and near-term stock price movements. For the current quarter, Uber is expected to post earnings of $0.31 per share, indicating a change of +72.2% from the year-ago quarter. The Zacks Consensus Estimate has changed +0.5% over the last 30 days. For the current fiscal year, the consensus earnings estimate of $0.84 points to a change of -3.5% from the prior year. Over the last 30 days, this estimate has changed -3.9%. For the next fiscal year, the consensus earnings estimate o...