It may come as a surprise to some that, generally speaking, semiconductor stocks have underperformed in 2024. The PHLX Semiconductor Index, a widely used measure of semiconductor industry performance, has gained 21% this year. This is significantly less than the S&P 500’s total return of 28%. In addition, 36 of the 70 largest companies in … Read more
Working day today $251.46 +1.47 (+0.59%) (As of 12/02/2024 ET) 52 week range $199.81 ▼ $311.28 P/E ratio 41.70 Target price $288.14 Working day NASDAQ: WDAY lowered its annual forecast, which is not entirely good. However, the company still expects strong double-digit growth and continued momentum next year, so the resulting price explosion is a … Read more
Financial markets have provided investors with information about how the United States economy is moving forward through price movements in various asset classes such as stocks, bonds and commodities. With gold hitting new all-time highs and bond yields rising, investors may be assuming that a single theme is taking over the behavior of various markets. … Read more