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Zacks News
Hybrid Working Gaining Momentum: Focus on These 4 Tech Stocks
by Zacks Equity Research
Here's a sneak peek into four tech companies - Alphabet (GOOGL), Microsoft (MSFT), Zoom (ZM) and Cisco (CSCO) - that hold potential to capitalize on the growing adoption of the hybrid work culture.
Stock Market News for Dec 20, 2021
by Zacks Equity Research
Benchmarks closed in the red on Friday after investors evaluated the economic impact of coronavirus??? Omicron variant, as central banks in America and Europe move to tighten monetary policies.
American Express' (AXP) GBT to Go Public at a Valuation of $5.3B
by Zacks Equity Research
American Express' (AXP) GBT is likely to merge with a blank-check company supported by Apollo Strategic Growth Capital. The transaction is likely to close in first-half 2022.
Stock Market News for Nov 29, 2021
by Zacks Equity Research
Benchmarks recorded the worst Black Friday performance in decades, as reports of a new COVID variant spooked investors raising concerns on economic recovery.
Wall Street Tumbles on Resurgence of Coronavirus
by Zacks Equity Research
Wall Street Tumbles on Resurgence of Coronavirus.
Black Friday Meets "Black Friday:" New Covid Variant Hits Markets
by Mark Vickery
A new Covid strain threatens the global marketplace anew, just as economic conditions around the world were beginning to get their footing following the Delta-variant fallout.
Here's Why Zoom Video (ZM) is Poised for a Turnaround After Losing 23.7% in 4 Weeks
by Zacks Equity Research
Zoom Video (ZM) has become technically an oversold stock now, which implies exhaustion of the heavy selling pressure on it. This, combined with strong agreement among Wall Street analysts in revising earnings estimates higher, indicates a potential trend reversal for the stock in the near term.
Company News for Nov 24, 2021
by Zacks Equity Research
Companies In The News Are: ZM, BBY, BURL, DLTR.
Zoom's (ZM) Q3 Earnings Top Estimates, Revenues Jump Y/Y
by Zacks Equity Research
Zoom's (ZM) third-quarter fiscal 2022 results reflect steady user growth, driven by remote-working and online-learning wave.
Zoom Video Communications (ZM) Tops Q3 Earnings and Revenue Estimates
by Zacks Equity Research
Zoom Video (ZM) delivered earnings and revenue surprises of 1.83% and 2.99%, respectively, for the quarter ended October 2021. Do the numbers hold clues to what lies ahead for the stock?
Market Indexes Reap Profits at Close; Zoom, URBN Report Q3
by Mark Vickery
Although both Zoom Video (ZM) and Urban Outfitters (URBN) posted beats on top and bottom lines for the quarter, both are also trading down in after-hours markets.
Alphabet (GOOGL) Boosts Google Meet Reach Via New Feature
by Zacks Equity Research
Alphabet's (GOOGL) Google introduces new immersive backgrounds in Google Meet to provide an enhanced experience to users.
Zoom Video Communications (ZM) Gains But Lags Market: What You Should Know
by Zacks Equity Research
Zoom Video Communications (ZM) closed the most recent trading day at $264.49, moving +0.3% from the previous trading session.
Buy Beaten-Down Zoom Stock Now for Long-Term Tech Growth?
by Benjamin Rains
Is it finally time to buy Zoom stock again with its third quarter fiscal 2022 financial results due out on Monday, November 22?
Zoom Video Communications (ZM) Reports Next Week: Wall Street Expects Earnings Growth
by Zacks Equity Research
Zoom Video (ZM) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Factors to Note Ahead of Cisco's (CSCO) Q1 Earnings Release
by Zacks Equity Research
Cisco's (CSCO) Q1 performance is likely to reflect gains from solid Catalyst 9000 adoption, Webex and growing clout of security solutions.
Zoom Video Communications (ZM) Stock Sinks As Market Gains: What You Should Know
by Zacks Equity Research
In the latest trading session, Zoom Video Communications (ZM) closed at $259.90, marking a -1.81% move from the previous day.
Zoom Video Communications (ZM) Outpaces Stock Market Gains: What You Should Know
by Zacks Equity Research
In the latest trading session, Zoom Video Communications (ZM) closed at $278.94, marking a +1.56% move from the previous day.
Bull of the Day: Salesforce (CRM)
by Benjamin Rains
Salesforce has expanded through some rather large acquisitions in the last several years to help it diversify as it competes for dominance in the ever-growing cloud software market...
Zoom Video Communications (ZM) Outpaces Stock Market Gains: What You Should Know
by Zacks Equity Research
Zoom Video Communications (ZM) closed at $279.87 in the latest trading session, marking a +0.82% move from the prior day.
Momentum in Azure Cloud to Aid Microsoft (MSFT) Q1 Earnings
by Zacks Equity Research
Microsoft's (MSFT) fiscal first-quarter performance is likely to reflect momentum in the Azure cloud platform due to rapid digital transformation.
Bear of the Day: PagerDuty (PD)
by Kevin Cook
Profits may have to wait while this first-responder for enterprise DevOps still grows sales
What to Expect Ahead of Microsoft (MSFT) Q1 Earnings Release?
by Zacks Equity Research
Microsoft's (MSFT) Q1 performance is likely to reflect strength in its Azure cloud business and Teams app.
Zoom Video Communications (ZM) Outpaces Stock Market Gains: What You Should Know
by Zacks Equity Research
Zoom Video Communications (ZM) closed the most recent trading day at $276.40, moving +0.79% from the previous trading session.
Markets Bounce Back on S&P 500, Nasdaq
by Mark Vickery
We closed the first trading day of the week mixed, after starting the day in the red across the board.