Data-server provider Super Micro Computer Inc. and footwear maker Deckers Outdoor Corp. will join the S&P 500 SPX stock index later this month, replacing Whirlpool Corp. and Zions Bancorporation, S&P Dow Jones Indices said Friday.
For all the talk about the Magnificent Seven and the ultra-reliance of just a handful of companies to drive stock-market returns, it turns out the U.S. is in fact one of the least concentrated markets in the world.
AMC Entertainment Holdings Inc. enjoyed a boost from Taylor Swift and Beyoncé’s concert films in its fourth-quarter results Wednesday, but the company now faces a “bumpy” year, according to analyst firm Wedbush.
Best Buy’s stock got a nice bump Thursday, after the retailer reported quarterly results that beat expectations, as growth in gaming sales helped offset continued pressure on other consumer electronics sales, including smartphones and tablets.
Zoom Video Communications Inc.’s stock surged in extended trading Monday, after the videoconferencing company topped expectations across the board with its financial results and forecasts. The company also authorized a $1.5 billion buyback.