Zoom Video Communications Inc
Stocks making the biggest moves premarket: Amgen, Best Buy, Abercrombie & Fitch, Stellantis and more
Check out the companies making headlines before the bell. Abercrombie & Fitch — Shares slipped nearly 4% despite the apparel retailer’s earnings beat and strong holiday guidance . Abercrombie & Fitch reported third-quarter earnings of $2.50 per share, topping the $2.39 per share LSEG consensus estimate. Revenue was $1.21 billion, versus the $1.19 billion expected. […]
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Stock futures slip after Dow closes at another record: Live updates
Traders work on the floor of the New York Stock Exchange during afternoon trading on Aug. 2, 2024. Michael M. Santiago | Getty Images Stock futures slipped in overnight trading Monday, after the Dow Jones Industrial Average closed at a new record. Futures tied to the Dow slid 144 points, or 0.3%. S&P 500 futures […]
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Zoom surpasses expectations as it calls for another quarter of single-digit growth
Eric Yuan, founder and CEO of Zoom Video Communications, speaks at Concordia Annual Summit in New York on Sept. 25, 2024. Leigh Vogel | Concordia Summit | Getty Images Zoom shares were flat in extended trading on Monday after the video calling software maker announced strong fiscal third-quarter results and gave guidance in line with […]
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Stocks making the biggest moves after hours: Zoom Communications, Kohl’s, Semtech and more
Check out the companies making headlines after the bell : Zoom Communications — The maker of video calling software inched higher by nearly%. Zoom topped Wall Street quarterly estimates and posted fiscal fourth-quarter adjusted earnings per share guidance that was roughly in line with estimates. The company also said it changed its name to Zoom […]
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This one-time Covid darling is undergoing a bearish-to-bullish reversal, according to Carter Worth
Zoom Video Communications (ZM) , a Covid darling and post-Covid dog, is judged to be an excellent opportunity on the long side going into earnings next week. The darling part: ZM advanced from $60.97 in October of 2019 before the pandemic hit to $588.84 in October of 2020 ( +$527.87… +865% ) The dog part: ZM declined from $588.84 in October of 2020 to $55.06 in August of […]
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Canva hires former Zoom CFO Kelly Steckelberg to run finance ahead of expected IPO
Kelly Steckelberg attends as the John Ritter Foundation for Aortic Health hosts an Evening from the Heart LA 2022 Gala at Valley Relics Museum on May 05, 2022 in Van Nuys, California. Araya Doheny | Getty Images Canva, a high-valued design software startup that competes with Adobe, said Monday that it hired Kelly Steckelberg as […]
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Wall Street is gearing up for an M&A boom under Trump. These companies could be attractive targets
Wall Street is cheering a potential revival of mergers and acquisitions when the new Trump administration takes office, and bankers and investors alike are already trying to find out what deals could be coming first. The combination of rate hikes from the Federal Reserve and an aggressive antitrust approach, embodied by Federal Trade Commission Chair […]
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Zoom stock has best day in almost two years on quarterly results, increased guidance
Zoom CEO Eric Yuan speaks at the Dropbox Work In Progress Conference in San Francisco on Sept. 25, 2019. Matt Winkelmeyer | Getty Images for Dropbox Zoom shares soared the most since November 2022 on Thursday after the video chat company reported better-than-expected results for the second quarter and raised its full-year guidance. The stock rose […]
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Stocks making the biggest moves midday: Urban Outfitters, Peloton, Advance Auto Parts and more
Check out the companies making headlines in midday trading. Crocs — Shares of the footwear company gained nearly 2% following an upgrade to buy at Williams Trading. The investment firm said Crocs’ addition of actress Sydney Sweeney as a spokesperson for its Heydude brand could reverse previously negative sales trends. Nordson — The adhesives stock […]
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Stocks making the biggest moves after hours: Snowflake, Zoom Video, Urban Outfitters and more
Check out the companies making headlines in after-hours trading. Snowflake — Shares tumbled nearly 7% even after the software company beat quarterly expectations and slightly raised its full-year product revenue guidance. Snowflake reported fiscal second-quarter adjusted earnings of 18 cents per share, higher than the 16 cents per share expected by analysts surveyed by LSEG. […]
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