Anthropic Rattled Software Stocks. How the White House Rode to the Rescue.
Software companies have been on edge about the launch of artificial-intelligence start-up Anthropic’s latest AI release. But the White House might…
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Google’s AI-fueled gains in cloud bode well for Amazon, Microsoft
Google-parent Alphabet’s breakout cloud sales in the July-September quarter bode well for top cloud providers….
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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…
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Zoom is struggling to convince consumers to pay, and the stock is sliding
Zoom 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…
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Zoom Has Some Tough Calls to Make
For 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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