Zoom pops 16% on first-quarter earnings beat and strong guidance
Zoom shares have lost about 85% of their value since peaking October 2020, and are down by more than half this year.
Zoom shares have lost about 85% of their value since peaking October 2020, and are down by more than half this year.
China's Covid lockdowns have hurt advertiser sentiment, while Tencent's ad business has also taken a knock from competition from rivals.
Palo Alto Networks is benefiting from positive trends in demand for cybersecurity services, CEO Nikesh Arora said in a statement.
Southeast Asian tech giant Sea's shares rebounded, but its e-commerce site could slow due to macro uncertainties.
The big-box retailer said it saw a healthy customer, but a shift to experience-based purchases, such as toys for birthday parties and luggage for trips.
The home improvement retailer's profit topped Wall Street estimates for the quarter, even as sales missed the mark.
Cisco has gone from growth to flat revenue, and now it's calling for a decline as it sees costs mounting from the war between Russia...
JD.com said revenue for the first quarter of 2022 totaled 239.7 billion Chinese yuan ($37.8 billion) vs. 236.6 billion yuan expected, a 18% year-on-year rise.
Beyond Meat reported a wider-than-expected loss for its first quarter as it offered steeper discounts and cheaper prices to international consumers.