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Executive Left Six-Figure Role To Pursue Happiness, Ended Up A Billionaire
Wednesday, June 21, 2023 - 2:30pm | 726Benzinga has covered the age-old question of “Can money buy happiness?” extensively, through multiple written pieces and research, here, here, and here. So far, our research says yes, though there is a plateau in terms of happiness associated with earnings, and the situation isn't one-...
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FTX Co-Founder Sam Bankman-Fried Barred From Using VPNs While Out On Bail
Tuesday, February 14, 2023 - 6:55pm | 437FTX (CRYPTO: FTT) co-founder Sam Bankman-Fried has been barred from using virtual private networks (VPNs) while out on bail after being charged with fraud following the collapse of a cryptocurrency exchange. What Happened: U.S. District Judge Lewis Kaplan noted that VPNs pose similar risks to...
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Cathie Wood And Ark Invest Still Bullish On Zoom After Earnings Report — Here's Why
Monday, August 29, 2022 - 4:03pm | 684Shares of Zoom Video Communications (NASDAQ: ZM) traded lower last week after reporting quarterly financial results. Ark Invest and CEO Cathie Wood were buyers of the dip and remained bullish on the company’s long-term outlook. What Happened: Zoom reported second-quarter revenue of $1.1...
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Zoom Had Disappointing Quarter, Faces Transition Year: Here's Why Some Analysts Are Cutting Price Targets
Tuesday, August 23, 2022 - 6:44pm | 823Video communications company Zoom Video Communications Inc (NASDAQ: ZM) reported earnings per share (EPS) that beat Street estimates and revenue which missed Street estimates on Monday. Analysts sized up the latest quarterly report and the company’s guidance. The Zoom Video Analysts...
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Zoom Video Investors Pull Back On Q2 Earnings: EPS Beat, Revenue Miss, Guidance Update And More
Monday, August 22, 2022 - 4:33pm | 445Communications company Zoom Video Communications Inc (NASDAQ: ZM) reported second-quarter financial results after market close Monday. Here are the key highlights. What Happened: Zoom reported second-quarter revenue of $1.1 billion, an 8% year-over-year increase. The total came in shy of a Street...
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Zoom (ZM) Stock Now Down Nearly 80% From All-Time Highs
Tuesday, March 1, 2022 - 2:10pm | 625Shares of Zoom Video Communications (NASDAQ: ZM) are down nearly 3% today after the communications technology company once again reported disappointing results. With shares now down almost 80% compared to all-time highs set in October 2020, the question arises whether now is the right time to...
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Tuesday's Market Minute: Entering The Metaverse
Tuesday, September 14, 2021 - 10:16am | 417Entertainment and social media companies are competing for our eyeballs, whether that’s Netflix (NASDAQ: NFLX) and other streaming services pouring billions into a constant stream of content, or social media algorithms fine-tuning themselves to become as addictive as possible. The pandemic...
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Zooming In On Zoom's Solid But Not Good Enough Results
Friday, September 3, 2021 - 10:04am | 699Despite logging its first billion-dollar quarter, the stock of Zoom Video Communications (NASDAQ: ZM) fell almost 11% on Monday after the company posted a higher-than-expected earnings forecast for the full year. The revenue guidance exactly met expectations, but sales-growth rates fall to new lows...
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This Chinese EV Maker Has A Better 1-Year Return Than Twitter, Square, Zoom And PayPal
Thursday, September 2, 2021 - 11:00am | 318Nio Inc - ADR (NYSE: NIO) produces some of the world’s most stylish and best-selling electric vehicles, and over the past year, delivered eye-popping returns for investors. Since September 2020, Nio stock's one-year return has outperformed a number of the world’s most popular...
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Lucky Seven? Market On Pace For Another Winning Month As August Winds Down
Tuesday, August 31, 2021 - 10:21am | 2133Barring some sort of huge selloff today, we’re on track for the seventh-straight winning month. That would be the longest positive streak for the S&P 500 Index (SPX) since 2017, but investors need to avoid becoming complacent. Markets go down as well as up, and September...
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Zoom Reaches $85M Settlement In Lawsuit Over User Privacy
Sunday, August 1, 2021 - 1:56pm | 390Zoom Video Communications Inc (NASDAQ: ZM) has agreed to pay $85 million to settle a lawsuit claiming it violated users' privacy rights, Reuters reports. According to the lawsuit, Zoom was sharing personal data with Facebook Inc (NASDAQ: FB), Alphabet...
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Zoom Plans To Continue Growing After The Pandemic
Monday, July 19, 2021 - 10:08am | 755The pandemic made us change how we work and live. And these new conditions are not a perfect fit for all businesses. But, some businesses were just waiting for an opportunity like this. Most tech and e-commerce companies have just flourished during the previous year, so we saw some great growth...
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Why Live Video Communication Is More Than Just A Solution—It's An Experience
Wednesday, June 9, 2021 - 3:20pm | 939The following post was written and/or published as a collaboration between Benzinga’s in-house sponsored content team and a financial partner of Benzinga. Live video communication has come a long way in recent decades. To fully appreciate where the technology is now, one must pay homage to...
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Zoom Exceeds Estimates Across The Board
Wednesday, June 2, 2021 - 10:57am | 635After the closing bell on Tuesday, Zoom Video Communications (NASDAQ: ZM) exceeded estimates across the board with its first-quarter results, seeing 50% revenue growth for the full fiscal year as expansion drops compared to a pandemic-shaped year during which the platform reached unprecedented...
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Zoom, Advance Auto Parts Earnings Both Beat Analysts' Estimates, But Shares Sputter
Wednesday, June 2, 2021 - 10:19am | 2524Like a golf course, this week has a front half and a back half. But there’s a bit more rough and potential hazards on the back nine, so to speak. Tomorrow and Friday are when we get a lot of potentially market-moving data, especially related to the jobs picture. Friday’s...