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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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Bet on Pony.ai's rise and fall today(Single choice)Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
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