Technology & Computer
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Apple, eBay, NVIDIA and Micron Technology

Jaime E. Love

For Immediate Release

Chicago, IL – June 10, 2020 – Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include: Apple AAPL, eBay EBAY, NVIDIA NVDA and Micron Technology, Inc. MU.

Here are highlights from Tuesday’s Analyst Blog:

4 Top-Ranked Blue-Chip Stocks to Add to Your Portfolio

The coronavirus outbreak has had a deep impact on various sectors. The technology sector, benefiting from rapid digital transformation and other growth avenues, has been more resilient than other sectors.

Since April, the Technology Select Sector SPDR (XLK) — which tracks an index of the S&P 500 technology stocks — has rallied 26.8%.

Oppotunities Galore for Tech Stocks

For the tech companies, the pandemic has definitely opened up newer avenues of growth. The social distancing norms

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Technology & Computer
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Remote Working Drives PC Peripheral Demand: 5 Stocks to Watch

Jaime E. Love

The coronavirus pandemic has radically changed the work environment. With more employees forced to work remotely to maintain social distancing, there has been a surge in demand for computer and computer peripherals. People are equipping their home offices as the work-from-home trend is here to continue for an uncertain period of time.

Home to Office Transformation Boosts PC Peripheral Sales

In March, Shopify provided a $1,000 stipend to its employees for buying office supplies. While several companies have allowed employees to take their computers and laptops home, there was a spike in demand for peripherals like pointing devices, webcams, speakers, microphones and storage devices.

In fact, per NPD data, mice and keyboard sales grew 10% in the first two weeks of March. The report also said that shift to working from home has also boosted sales of webcams. Additional sales of big screens and dual monitor setups surged with 80,000

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Business
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Moderna Company estimates for increasing revenues

James S. Hill
U.S. hits 4.5 million coronavirus cases, Vietnam posts record rise in infections

Celebrations might be all together for Moderna NASDAQ: MRNA at https://www.webull.com/quote/nasdaq-mrna investors, with the examiners conveying a critical move up to their legal assessments for the organization. The investigators have forcefully expanded their income numbers, with a view that Moderna will make significantly a larger number of deals than they’d recently anticipated.

Following the update, the most recent agreement from Moderna’s twelve investigators is for incomes of US135m in 2020, which would mirror a sizeable 158% improvement in deals contrasted with the most recent year. The misfortune per share is relied upon to improve somewhat, diminishing to US1.39. However before this agreement update, the investigators had been anticipating incomes of US110m and misfortunes of US1.43 per share in 2020. We can see there’s certainly been an adjustment in assessment in this update, with the investigators controlling a sizeable move up to the current year’s income gauges, while simultaneously lessening their … Read More

Technology & Computer
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Hawk-Eye apologises as goalline technology fail denies Sheffield United goal in first Premier League game post lockdown

Jaime E. Love

This was a Premier League match with social distancing, temperature checks and no fans but there was a sense of familiarity at Villa Park with yet another controversial technology failure.

We are living in odd times and after the final whistle there was an “unreserved apology” from Hawk-Eye, the goal-line technology system, to Sheffield United after a ghost goal which could prove crucial in the club’s pursuit of European football.

Oliver Norwood’s free kick was clearly over the line, fumbled by Aston Villa goalkeeper Orjan Nyland three minutes before half-time, and these two missed points may be a costly blow when this truncated season is finally finished.

It lifts United into sixth place, a point behind Manchester United who they face at Old Trafford next week, but this technical error was inexcusable and does not deserve to be viewed as a defining moment in this memorable campaign. 

The fact that … Read More