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Zoom Q3 Earnings: A slowdown in the upward way?
Why SNOWβs Post-Earnings Setup Looks Like a Bullish Opportunity
2.Here are the stocks mentioned by the above Tigers: $Zoom(ZM)$ $Snowflake(SNOW)$ (Not investment advice)
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Below are Today's Key Takeaways.
Top News Move the Market
The Dow Jones Industrial Average rose 123.74 points, or 0.28%, to 44,860.31, the S&P 500 gained 34.26 points, or 0.57%, to 6,021.63 and the Nasdaq Composite gained 119.46 points, or 0.63%, to 19,174.30.
$Zoom(ZM)$ posted better-than-expected third-quarter adjusted earnings and revenue but shares of the video-communications platform were down 6.3%. The company, which Monday changed its corporate name to Zoom Communications from Zoom Video Communications, said it expects fiscal 2025 revenue of $4.656 billion to $4.661 billion compared with expectations of $4.64 billion. Adjusted earnings per share were forecast at $5.41 to $5.43, higher than estimates for $5.33.
Shares of $SUPER MICRO COMPUTER INC(SMCI)$ declined 10% after the server maker jumped 16% on Monday for its third-straight double-digit percentage gain, the first time the stock has done that since going public in March 2007. The stock has rallied since Super Micro last week submitted a plan to remain listed on the Nasdaq and engaged BDO USA as its new auditor.
Tiger Community TOP10 Tickers
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