Zoom Video Communications
The bigger problem with Zoom is that behavior that is ordinarily reserved for close relationships, such as faces seen close up, has suddenly become the way we interact with casual acquaintances and even strangers. This new way of communication takes a toll on our minds and that could eventually hamper Zoom's success with the stocking already having lost its luster due to vaccine developments.
Nio Inc (NYSE:NIO) will pop the hood after the market close. Earlier, it stated that Q4 deliveries were at a record of 17,353 vehicles which is an increase of 111% YoY and over the upward end of its guidance. But, when it comes to EVs, profitability has frequently taken a back seat and despite the encouraging deliveries, the company has been in the red.
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This week will be full of retail that was dramatically changed by the pandemic. We will also get a better idea if Zoom can maintain its success beyond the pandemic as, despite its many benefits, digital communication didn't measure up to in-person socializing.
The post This Week's Stars Are Zoom, Target and Costco appeared first on IAM Newswire.
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