- A + A NEW YORK/BENGALURU (May 20): US stock indexes rose on Friday led by megacap growth and healthcare shares at the end of a volatile week, roiled by concerns over the impact of rising inflation on earnings and the fallout of rate hikes on economic growth. Nine of the 11 major S&P sectors advanced in morning trade. Energy was the top performer, up 2.2%, followed by healthcare and technology sectors. Microsoft Corp, Amazon.com and Apple Inc rose between 1.5% and 1.8%, providing the biggest boost to the S&P 500 and the Nasdaq. "Some traders are taking advantage of the price weakness, at least in the short term, to make some money. The real question is whether this will last by the end of the day," Sam Stovall, chief investment strategist at CFRA Research, said. "It is definitely going to be a traders' battle today. The market is trying to orchestrate at least a near-term relief rally, which is normal within bear market trends." Disappointing forecasts … [Read more...] about Wall St rises as growth stocks gain after two days of selloff
Historical rate of return on stock market
Zoom Q1 FY2023 Earnings Report Preview: What to Look For
Key Takeaways Analysts estimate adjusted EPS of $0.87 vs. $1.32 in Q1 FY 2022. The number of customers contributing over $100,000 in 12-month trailing revenue is expected to rise YOY, but at a sharply slower pace than previous quarters. Revenue is expected to grow, but at a decelerating pace. Zoom Video Communications Inc. ( ZM ), which offers a video-first communications platform, saw its popularity soar during the past two years amid the COVID-19 pandemic. Earnings and revenue skyrocketed. But the company's growth has decelerated sharply in recent quarters as employees have begun to return to their offices. In this new environment, Zoom's biggest challenge is how to retain its base of large corporate customers, who are crucial to producing a steady, reliable revenue stream. Investors will be watching closely at how Zoom management plans to address these challenges when the company reports earnings on May 23, 2022 for Q1 FY 2023. The company's 2022 fiscal … [Read more...] about Zoom Q1 FY2023 Earnings Report Preview: What to Look For
Baltic Exchange shipping updates: May 20
- A + A A weekly round-up of tanker and dry bulk market (May 20, 2022) This report is produced by the Baltic Exchange. The Baltic Exchange, a wholly-owned subsidiary of Singapore Exchange, is the world's only independent source of maritime market information for the trading and settlement of physical and derivative contracts. Its international community of over 650 members encompasses the majority of world shipping interests and commits to a code of business conduct overseen by the Baltic. For daily freight market reports and assessments, please visit www.balticexchange.com . Capesize The Capesize market began the week at the summit of the recent rally. This necessitated a breather before sentiment strengthened, helping it to push up throughout the week and marking new highs for the year. The Capesize 5TC rose +US$4,805 over the week to close at US$37,538. The Pacific region, while easily the premium region to trade currently, was in … [Read more...] about Baltic Exchange shipping updates: May 20
Analytics For The Customer: The Next Frontier
Share to Twitter Share to Linkedin SVP of Product for Sisense . We have finally reached the point where analytics is considered table stakes for all businesses. At every level of the company, we acknowledge that insights from data are critical to our success in making smarter decisions every day. Although there is still work to be done, technology is making analytics more automatic and natural for everyone by progressing from IT-led reporting to standalone dashboards and now to infused analytics everywhere so that all knowledge workers have access to the personalized insights they need at the exact point they want to take action. Until now, however, we have only considered the benefits of analytics for ourselves. Our focus has been on extracting insights from data to improve internal business processes and help our teams make smarter decisions. This leaves out an entire, mission-critical part of our business: our own products that we build for … [Read more...] about Analytics For The Customer: The Next Frontier