Although the total market cap level stood at $36.134 trillion, gross domestic product of approximately $19.41 trillion declined at an annual rate of 31.7% according to second estimates from the U.S. Bureau of Economic Analysis.

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Reflecting on the company's performance, CEO Safra Catz said: "Q1 was fantastic with total revenue beating guidance by more than $150 million, and. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Zacks Rank Education - Learn about the Zacks Rank, Zacks Rank Home - Zacks Rank resources in one place, Zacks Premium - The only way to fully access the Zacks Rank. Investors should keep in mind that the direction of estimate revisions by each of the covering analysts may not always get reflected in the aggregate change. Visit to get our data and content for your mobile app or website. Zoom Video Communications, Inc. ZM 509.25 9.54 (1.84%).

Zacks Rank Education - Learn about the Zacks Rank, Zacks Rank Home - Zacks Rank resources in one place, Zacks Premium - The only way to fully access the Zacks Rank. On the other hand, the stock currently carries a Zacks Rank of #1. be liable to any member, guest or third party for any damages of any kind arising out of the use of any content or other

The database giant registered adjusted earnings per share of 93 cents, which edged past analysts' expectations of 86 cents. at Yesterday, 5:45 PM.

Is your network connection unstable or browser outdated? For the year, the Nasdaq is up 20.29%, the S&P 500 is up 2.74% and. • Zoom Video Communications, Inc. (ZM) +3.5%. Letter From the Value Investing Mental Asylum or How I Embraced Stoics, US Indexes Lower Friday and for the Sept. 18 Week, Oracle's 1st-Quarter Results Surpass Expectations, Some Thoughts on How to Invest in the Current Market, US Indexes Close Higher to Start September, US Markets Remain Significantly Overvalued in September, Top 5 Buys of Philippe Laffont's Coatue Management in the 2nd Quarter, First Eagle 2Q20 Market Overview: Hoping Against Hope, Why Facebook Shares Could Have More Upside, AT&T Posts 1st-Quarter Miss as Coronavirus Outbreak Weighs on Earnings, Sales, Top Research Reports for Novartis, Zoom Video & FIS. The company is dedicated to adhering to mathematical and statistical methods. The software company posted strong results, surpassing earnings and revenue expectations on the back of robust growth in the cloud business. What could explain the recent market top? In addition to all of the proprietary analysis in the Snapshot, the report also visually displays the four components of the Zacks Rank (Agreement, Magnitude, Upside and Surprise); provides a comprehensive overview of the company business drivers, complete with earnings and sales charts; a recap of their last earnings report; and a bulleted list of reasons to buy or sell the stock.

Only Zacks Rank stocks included in Zacks hypothetical portfolios at the beginning of each month are included in the return calculations.

The idea here is that analysts revising their estimates right before an earnings release have the latest information, which could potentially be more accurate than what they and others contributing to the consensus had predicted earlier. nodes[i].dataset.subscription : nodes[i].getAttribute('data-subscription'); if(status ==='true') {nodes[i].checked = true;}}};var nodes = document.querySelectorAll('#form1783 select[data-value]'); if (nodes) { for (var i = 0; i < nodes.length; i++) { var node = nodes[i]; var selectedValue = node.dataset ? For one thing, the ongoing political battle between the Trump administration and Democrats over the reopening of businesses and schools may be introducing doubts for investors hopeful of a V-shaped recovery in the real economy. Zacks Sector Rank Education -- Learn more about the Zacks Sector Rank.

All this destruction has investors asking themselves, “What the heck, and what now? The Zacks Industry Rank assigns a rating to each of the 265 X (Expanded) Industries based on their average Zacks Rank.

Get the latest Zoom Video Communications, Inc. ZM detailed stock quotes, stock data, Real-Time ECN, charts, stats and more.

A simple, equally-weighted average return of all Zacks Rank stocks is calculated to determine the monthly return. .Zoom Video faces significant competition from Cisco Webex, LogMeIn GoToMeeting, Microsoft Teams, Google G Suite, Avaya, RingCentral and 8x8.

However, investors should pay attention to other factors too for betting on this stock or staying away from it ahead of its earnings release. It also includes an industry comparison table to see how your stock compares to its expanded industry, and the S&P 500. Ben Rains dives into all things Zoom Video (ZM) ahead of its second quarter financial release that’s due out on Monday, August 31. The Style Scores are a complementary set of indicators to use alongside the Zacks Rank. NYSE and AMEX data is at least 20 minutes delayed. Only Zacks Rank stocks included in Zacks hypothetical portfolios at the beginning of each month are included in the return calculations.

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