For the third quarter, Zoom issued guidance that came up a little short of expectations.
The Nasdaq Composite and S&P 500 have rallied 4% and 3% respectively this month of August. All eyes are currently on the unemployment data and job creation reports coming later this week on Friday.
Apple Music plans to launch a dedicated classical music app next year by combining Primephonic’s classical user interface.
Affirm already partners with Walmart, Shopify, Peloton, and other big e-commerce players.
Amid all the uncertainties and volatility on Wall Street, here are the top five picks which can deliver steady revenue growth moving forward-looking at the current shaping up of the macro economic data.
Peloton reported a net loss of $313.2 million compared to a net income of $89.1 million reported at the same time last year.
Tesla applied with the Texas Public Utility Commission to sell electricity in the state in mid-August.
Cook’s formidable leadership has seen the Apple stock rising by over 1,200% in the previous decade.
Apple stock expects to reap huge benefits from its App Store advertising revenue, according to Evercore ISI analyst Amit Daryanani.
The markets remained pumped up ahead of the Fed meeting on Thursday, where the central bank will discuss any stimulus tapering measures.
Meme stock like GameStop, Robinhood, and AMC entertainment gained traction as the overall market remains muted awaiting Fed’s commentary on stimulus measures ahead this week.
The declining trend in the jobless claims and under-control inflation data has spurted optimism in the market.
Government officials claim that, based on a month-to-month basis, the CPI increased by 0.5 percent in the month of July alone.
Despite great results in Q2, Coinbase stock plunged yesterday. It closed at $269.67, or 3.85% down, with a $58.98 billion market cap. After hours, its price slightly rebounded to $271.88.
Stocks of major vaccine makers rose on Monday amid renewed outbreak of COVID-19. Moderna CEO adds that vaccine makers have a huge opportunity for growth.