Amazon says consumers cautious, forecasts revenue below Wall Street targets
Amazon.com (AMZN.O) reported slowing online sales growth in the second quarter and said cautious consumers…
Read articleAmazon.com (AMZN.O) reported slowing online sales growth in the second quarter and said cautious consumers…
Read articleZoom Video Communications Inc. is struggling to convince people to pay for its videoconferencing service in the third year of the COVID-19 pandemic, contributing to a trimmed forecast and falling stock price Monday. Zoom ZM, -0.97% executives reduced their earnings and revenue guidance for the fiscal year Monday afternoon, and Zoom Chief Financial Officer Kelly…
Read articleFor those still inclined to think of Zoom Video Communications ZM; as a “pandemic stock,” consider that Covid-19 has well outlasted that status. Zoom shares hit their all-time high in mid-October of 2020, just weeks before news of the first vaccine breakthrough helped the world see an end to ceaseless video meetings and awkward happy…
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