Zoom Stock Sinks as Revenue Outlook Offsets Better-Than-Expected Results
Zoom Communications gave soft guidance as more employers move away from allowing workers to have hybrid work schedules.
Zoom Communications gave soft guidance as more employers move away from allowing workers to have hybrid work schedules.
(Bloomberg) -- Canada’s Allied Gold Corp. has started a process to apply for a listing on the New York Stock Exchange, joining an industrywide migration to the world’s top bourse. Most Read from BloombergNYC’s Congestion Pricing Pulls In $48.6 Million in First MonthNYC to Shut Migrant Center in Former Hotel as Crisis EasesDC Mayor Re-ups Call for Statehood as Trump Threatens TakeoverThe Trump Administration Takes Aim at Transportation ResearchShelters Await Billions in Federal Money for Homeless
(Bloomberg) -- “DEI is part of our DNA,” Citigroup Inc.’s head of talent said in an interview just two months ago, calling it not only a priority, but “a business imperative.”Most Read from BloombergNYC’s Congestion Pricing Pulls In $48.6 Million in First MonthNYC to Shut Migrant Center in Former Hotel as Crisis EasesDC Mayor Re-ups Call for Statehood as Trump Threatens TakeoverThe Trump Administration Takes Aim at Transportation ResearchShelters Await Billions in Federal Money for Homelessness
Tempus AI's fourth-quarter results missed profit and sales estimates as its costs increased.
Even if they go mostly unnoticed, industrial businesses are the backbone of our country. But they are at the whim of volatile macroeconomic factors that influence capital spending (like interest rates), and the market seems convinced that demand will slow. Due to this bearish outlook, the industry has tumbled by 2.5% over the past six months. This drawdown was discouraging since the S&P 500 returned 5.6%.
After the FDA removed semaglutide injection products from a shortage list, compounders like Hims have 60-90 days to stop making copies.
Cleveland-Cliffs stock sank Tuesday after the steelmaker reported worse fourth-quarter results than expected, with revenue falling and losses widening from the same time last year.
Block upgraded, Domino’s downgraded: Wall Street's top analyst calls
Medical products company UFP Technologies (NASDAQ:UFPT) reported Q4 CY2024 results beating Wall Street’s revenue expectations, with sales up 41.9% year on year to $144.1 million. Its GAAP profit of $2.10 per share was 5.9% above analysts’ consensus estimates.
(Bloomberg) -- Companies are lining up to abandon Brazil’s stock market, joining dozens that have left in recent years as high interest rates sap valuations. Opportunistic investors are waiting with open arms.Most Read from BloombergTrump Targets $128 Billion California High-Speed Rail ProjectTrump Asserts Power Over NYC, Proclaims ‘Long Live the King’NYC’s Congestion Pricing Pulls In $48.6 Million in First MonthNYC to Shut Migrant Center in Former Hotel as Crisis EasesAs Visitors Discover Ghent