For Immediate Release
Chicago, IL – July 29, 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 Facebook FB, PayPal PYPL, Shopify SHOP, ServiceNow NOW and Cognizant Technology CTSH.
Here are highlights from Tuesday’s Analyst Blog:
Tech Stocks’ Earnings Preview: Facebook, PayPal, Shopify and More
Technology stocks are expected to see a robust second-quarter 2020 earnings season driven by solid demand for remote working and learning technology, rising need for cloud computing services and increasing deployment of 5G amid the coronavirus pandemic.
The work from home and online-learning trend is expected to have benefited Zoom Video, Microsoft, Google and Cisco. Increased usage of cloud computing has been quite a boon for Amazon Web Services, Google Cloud and Microsoft Azure in