Zoom cuts annual revenue forecast on slow online business; shares down 5%
Zoom chief financial officer Kelly Steckelberg said during a post-earnings call that the company's online business would decline nearly 8% during the year.
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Zoom chief financial officer Kelly Steckelberg said during a post-earnings call that the company's online business would decline nearly 8% during the year.
The video conferencing company is launching a new artificial intelligence software that will be broadly used to analyze sales data amid meetings, coined Zoom IQ for Sales.
Hypergrowth technology companies that had little-to-no profits but were seen as key to enable a work-from-home environment briefly surged to records.
Zoom has fallen out of favour as investors continue to move out of stay-at-home stocks, but has the heavy selloff in Zoom shares been overdone?
This Monday, November 29, Wall Street Memes presents two hotly debated stocks on the main online discussion boards that are worth watching this week.