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A bid to break the stalemate on stimulus negotiations fell flat over the weekend, even after President Donald Trump pushed for a larger deal. Treasury Secretary Steven Mnuchin and House Speaker Nancy Pelosi are expected to talk more this week, though even if they strike a deal, there’s little chance of getting legislation written and passed by Congress before the election. Trump’s whipsaw position changes last week—first calling off negotiations in a tweet, then proposi... |
Zoom Video Communications (NASDAQ: ZM): Zoom shares got a boost on Friday after Mizuho Securities analyst Siti Panigrahi issued a Buy rating for the stock and a $550 price target – nearly 12% higher than the price as of this writing. “Zoom’s meteoric rise during COVID-19 has been driven by uptake of its best-of-breed video conferencing tool, which became a global se... |
Why boring stocks like K make smart defensive investments right nowThe dichotomy isn’t just in the way the stock market has rebounded with an increasing number of analysts talking about accepting higher multiples for stock prices moving forward. It’s also in the way what I like to call “COVID exhaustion” is more and more of a thing. Tired of restrictive conditions that include social distancing, mask-wearing and working from home, more and more people just seem to be ignoring infection rates and trying to resume normal activities. The celebration in ... |
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Zoom Video Communications, Inc. provides a video-first communications platform in the Americas, the Asia Pacific, Europe, the Middle East, and Africa. The company’s product portfolio includes Zoom Meetings that offers HD video, voice, chat, and content sharing through mobile devices, desktops, laptops, telephones, and conference room systems; Zoom Phone, an enterprise cloud phone system that provides secure call routing, call queuing, call detail reports, call recording, call quality mo... |
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