NEWS

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Cybersecurity firm CrowdStrike reported first-quarter earnings Tuesday swinging to a profit with stronger revenue $CRWD also raised earnings guidance above expectations, sending shares up. Cloud-based security software customers include Amazon Web Services and Credit Suisse.

Leading videoconferencing software company Zoom Video Communications reported major revenue growth with the stay at home demand from the COVID lockdown during its fiscal first quarter on Tuesday after the market ZM stock rose on the report

The U.S took 15 oil rigs out of service as U.S.oil production continues to fall to 11400kbpd. US Natural Gas rigs fell 2. Canadian natural gas rigs were unchanged, oil rigs fell 1

AstraZeneca on Thursday announced rresults of a clinical trial of its genetically targeted lung cancer drug Tagrisso with an “overwhelming benefit”. $AZN said after two years 89% of the lung cancer patients given Tagrisso following surgery were alive without a recurrence of their tumors.

Fitch believes Australia’s agriculture, tourism and education sectors are among those most exposed to a potential escalation in bilateral trade tensions between Australia and China. China imposed tariffs on imports of Australian barley and suspended some Australian beef imports.

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