Zoom beats estimates even as revenue growth is poised to slow after pandemic

Zoom beats estimates even as revenue growth is poised to slow after pandemic

November 24, 2021 Randy Ramage 0

Zoom reported better-than-expected quarterly earnings on Monday, while warning investors of a revenue slowdown at the video-chat company as the pandemic comes to an end.Here’s how the company did:Earnings: $1.11 per share, adjusted, vs. $1.09 per share as expected by analysts, according to Refinitiv.Revenue: $1.05 billion, vs. $1.02 billion as expected by analysts, according to…

Stock futures fall heading into first full week of trading in October

Stock futures fall heading into first full week of trading in October

October 5, 2021 Randy Ramage 0

The major averages took steep losses to start the week as investors continued their rotation out of technology stocks amid rising bond yields.The Dow Jones Industrial Average fell 323.54 points to 34,002.92, despite large gains in Merck. The S&P 500 shed 1.3% to 4,300.46. The technology-focused Nasdaq Composite was the relative underperformer, dipping 2.1% to…