Zoom Video Operating Expenses Surge, Guides Lower

Leading video conferencing software company Zoom Video Communications reported worse than expected fiscal third-quarter revenue Tuesday. $ZM also lowered guidance which sent the shares sharply lower by more than 10% in after-hours trading. For perspective prior to Monday’s earning’s report, Zoom shares had lost about 90% of their value since peaking in October 2020. The stock has fallen since the stay-at-home market reverted, the aborted Five9 transaction and the collapse of the manic tech bubble.  Zoom Video Communications Inc NASDAQ: … Continue reading “Zoom Video Operating Expenses Surge, Guides Lower”

Zoom Video Growth Impacted by Strong US Dollar

Leading video conferencing software company Zoom Video Communications reported worse than expected fiscal second-quarter revenue Monday. $ZM also lowered guidance which sent the shares sharply lower by more than 8% in after-hours trading. For perspective prior to Monday’s earning’s report, Zoom shares had lost about 85% of their value since peaking in October 2020. The stock has fallen since the stay-at-home market reverted, the aborted Five9 transaction and the collapse of the manic tech bubble.  Zoom Video Communications Inc NASDAQ: … Continue reading “Zoom Video Growth Impacted by Strong US Dollar”

Zoom Video Raises Earnings Guidance as it Adjusts to Lower Stay at Home Demand and Inflation

Leading video conferencing software company Zoom Video Communications reported better than expected fiscal first-quarter earnings Monday. $ZM also gave positive guidance which sent the shares sharply higher by more than 19% in after-hours trading. For perspective prior to Monday’s earning’s report, Zoom shares had lost about 85% of their value since peaking in October 2020. The stock has fallen since the stay at home market reverted, the aborted Five9 transaction and the collapse of the manic tech bubble.  Zoom Video … Continue reading “Zoom Video Raises Earnings Guidance as it Adjusts to Lower Stay at Home Demand and Inflation”

The Nasdaq 100 Soared 26.6% in 2021 Powered by Lucid and Moderna

The technology laden Nasdaq-100 rose 26.6% in 2021, on the heels of the massive 47.6% in 2020. Powered by new technology such as Lucid up 280%, Biotechs such as Moderna up 143%. Stay at Home stock reversed this year. Peloton was this year’s biggest loser, down -76.43 after being up 434% in 2020. The Nadaq-100 Index includes the largest 100 non-financial stocks by market cap in the full Nasdaq Composite Index It includes Chinese companies that aren’t included in the … Continue reading “The Nasdaq 100 Soared 26.6% in 2021 Powered by Lucid and Moderna”

Zoom Video Lower Earnings Guidance as Stay at Home Demand Eases

Leading video conferencing software company Zoom Video Communications reported better than expected fiscal second-quarter earnings, but the guidance sent shares plunging more than 9% in after-hours trading. Investors will want to hear updates on the Five9 transaction.

Zoom Video to Acquire Cloud Contact Center Software Provider Five9

Zoom Video announced a deal to acquire Five9 a provider of for contact centers for $14.7 bln in an all-stock transaction. $ZM was down 4% and $FIVN up 4% on the deal. The acquisition puts ZM into the contact center space. For Zoom Video,  Five9 is an attractive target as it is disrupting a large market by replacing legacy on-premise contact center systems with cloud systems. Zoom can broaden its reach with enterprise customers.  FIVN’s Virtual Contact Center (VCC) platform … Continue reading “Zoom Video to Acquire Cloud Contact Center Software Provider Five9”

The Nasdaq 100 Soared 47.6% in 2020 Powered By Tesla and Stay At Home Stocks

The technology laden Nasdaq-100 rose a massive 47.6% in 2020 and the full Nasdaq Composite Index up 43.7%. powered by new technogy such as Tesla up 743%, Biotechs such as Moderna up 434% and Stay at Home stocks such as Peloton up 434% and Zoom Video up 396%