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Zoom Video Communications, Inc. (NASDAQ: ZM) shares saw an uplift of over 1% in after-hours trading, following the announcement of third-quarter results that surpassed market expectations. The company’s Earnings Per Share (EPS) stood at $1.29, eclipsing the anticipated consensus of $1.08. A 3.2% growth in revenue year-over-year was observed, reaching $1.14 billion and exceeding the […]
Consumers may be gearing up for a resurgence,. Despite a tough year for consumer stocks overall, the Consumer Discretionary Select Sector SPDR ETF, buoyed by heavyweights like Amazon and Tesla, has seen a substantial rise. However, the Invesc S&P 500 Equal Weight Consumer Discretionary ETF, which gives less weight to these giants in favor of […]
The journey toward fully autonomous vehicles has been fraught with setbacks, but Mobileye Global (MBLY) is charting a distinctive course in the self-driving landscape. While industry giants like Tesla and General Motors face regulatory and safety hurdles, Mobileye has emerged as a beacon of progress in autonomous driving technology. Returning to the public market after […]
The Walt Disney Company recently showcased a robust fiscal-fourth-quarter performance that caught the attention and approval of many of its investors. The entertainment giant announced an ambitious plan to intensify its cost-reduction strategies with an additional $2 billion savings goal, alongside intentions to reinstate its shareholder dividends. This news propelled the company’s stock to its […]