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Zoom Pounded Despite Strong Quarterly Results While Salesforce Is Set To Report Later Today
Tuesday, December 1, 2020 - 10:32am | 2399What do November auto sales and Fed Chairman Jerome Powell have in common? They’re both due today, with data on the way from several car companies and Powell testifying to Congress. Vehicle sales might provide Powell some of the information he’ll need in front of elected officials...
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Cloudy With A Chance of Resilience: Microsoft Prepares To Report Amid Pandemic Boost For Products
Wednesday, October 21, 2020 - 3:12pm | 1729This year handed the market and Main Street an unsettling flurry of ups and downs. But if you sift through it all—high hopes along with headaches—there’s been an important lesson: “Digital tech intensity,” a line from Microsoft Corporation (NASDAQ: MSFT) CEO...
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Market Wrap For December 2: Markets Sluggish on Cyber Monday
Monday, December 2, 2013 - 4:50pm | 1882Despite a positive note by a leading analyst at Morgan Stanley (NYSE: MS), major markets suffered a post-turkey Thanksgiving hangover as major indices closed in the red. Adam Parker, Morgan Stanley's lead strategist predicted the S&P will hit 2014… in 2014, an approximate 11.5 percent gain...
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Global Hunter Reiterates Buy on ZOOM Technologies (ZOOM)
Tuesday, May 17, 2011 - 7:17am | 151Global Hunter is out with its report today on ZOOM Technologies (NASDAQ: ZOOM), reiterating Buy. In a note to clients, Global Hunter writes, "Yesterday, ZOOM Technologies Inc. reported Q1 results that exceeded its guidance. Gross margin continued to be strong thanks to the greater contribution...
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Zoom Technologies Stock Booms After Agreement With Qualcomm
Wednesday, April 13, 2011 - 9:14am | 349Zoom Technologies (NASDAQ: ZOOM) saw its stock boom after reaching an agreement with Qualcomm Inc (NASDAQ: QCOM) to license Qualcomm's 3G technology. Zoom's stock rose nearly 50% overnight, from $3.10 to $4.60 per share in premarket trading. Zoom's boom is fueled by news that it will now develop...