Monthly Archives: August 2021

Zoom shares plummet in after-hours trading despite beating earnings expectations

Video communications giant Zoom (ZM) reported its fiscal Q2 2022 earnings after the bell on Monday, beating analysts’ expectations on the top and bottom line. But the company’s growth has slowed as businesses and schools reopen.  The company’s stock was down over 10% in after-hours trading. Here are the most important numbers from the report compared to what Wall Street expected of the company, as compiled by Bloomberg. The company also issued guidance for the third quarter that fell just… Source link

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Alphabet Surges With 65% Gain in Longest Rally Since 2009

(Bloomberg) — Alphabet Inc. shares are poised for the longest string of monthly advances in over a decade as advertising revenue surges, driving them to the best returns among the nation’s megacap technology companies. The shares rose 0.4% Monday to $2,891.81, an all-time high, pushing them to a gain of more than 7% in August. It will be the eighth straight monthly advance for the stock, the longest such rally since a 10-month streak in 2009. The gains have left Google shares with a return… Source link

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UPDATE 3-U.S. CDC advisers vote in favor of Pfizer/BioNTech vaccine after full approval

(Adds expert comment from meeting, New Zealand case, background) Aug 30 (Reuters) – An advisory panel to the U.S. Centers for Disease Control and Prevention (CDC) on Monday unanimously recommended the Pfizer Inc and BioNTech Se COVID-19 vaccine for people age 16 and older, an important step after it gained full U.S. approval. The Food and Drug Administration last week granted full approval to the vaccine that was previously available under the agency’s emergency use authorization (EUA), which… Source link

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Liberty University student discusses on-campus coronavirus outbreak

Liberty University has joined a handful of colleges that have been forced to shift to online learning as the fall semester kicks off due to a surge in COVID-19 cases. The private evangelical Christian university in Lynchburg, Virginia has ordered a campus-wide quarantine that will go into effect on Aug. 30 and expire on Sept. 10. Prior to the fall semester beginning on Aug. 24, the school did not have a mask or vaccine mandate in place. “To me, it’s just been a very unsafe environment,” Robert… Source link

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Ed Dept. opens investigations in 5 states over mask bans in schools

The Department of Education’s Office for Civil Rights (OCR) has opened investigations in five states regarding the prohibitions of universal indoor masking. Chief state school officers in Iowa, Oklahoma, South Carolina, Tennessee, and Utah received letters today from the OCR questioning the states’ decisions to not mandate masks in schools. The Education Department maintains that mask-mandate bans discriminate against students with disabilities who are at heightened risk for severe… Source link

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Meme Stock Mania Escalates as Vinco Ventures, Support.com Surge

(Bloomberg) — Vinco Ventures Inc. and Support.com Inc. surged, and are on track to extend rallies fueled by retail investors in chatrooms like StockTwits and on Reddit. The pair of stocks jumped more than 50% each when the market opened in New York, extending gains from last week, when Vinco Ventures more than doubled and Support.com almost tripled. The rallies came as individual investors attempted to pump their bets on Twitter, Reddit’s WallStreetBets and chatrooms on… Source link

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Google Assistant on KaiOS lose ability to send texts via voice

While smartphones are increasingly approaching feature phone pricing, the latter category still has a place. As such, “smart” feature phones exist, and many are powered by KaiOS, though Google Assistant in recent months lost the ability to make calls and send texts through voice commands.  Smart feature phones are defined by the presence of internet-powered apps, with Google offering YouTube, Google Maps, and Lens. Assistant is the other big addition and closely integrated with… Source link

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Google Nest Wifi mesh system drops to $229, more

All of the best deals have now gone live and are headlined by the Google Nest Wifi Mesh Router at $229. That’s alongside the first discount on Anker’s new eufy Floodlight Cam 2 Pro at $50 off and this end-of-summer Philips Hue sale. Hit the jump for all that and more in the latest 9to5Toys Lunch Break. Save $70 on Google Nest Wifi Mesh Router system Amazon now offers the Google Nest Wifi Mesh Router system for $229. With $70 in savings from the $299 price tag you’d normally… Source link

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Pixel 5a overheating issues will be addressed by Google

The Pixel 5a with 5G launched just this month with stellar battery life and a solid price point, but it does seem to have one flaw. As many have pointed out, heat seems to cause trouble for the Pixel 5a, but Google is looking into overheating problems on the device. It’s been reported by quite a few people in recent weeks that the Pixel 5a has an overheating problem. Specifically, the issue seems to take place when recording 4K video. In our own testing, Kyle Bradshaw found that… Source link

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Oil Wobbles as Offshore U.S. Producers Assess Damage After Ida

(Bloomberg) — Oil flipped between small gains and losses as U.S. offshore producers assess damage from Hurricane Ida and as investors focus on an OPEC+ meeting that will likely lead to a further output revival. Futures in New York earlier fell as much as 1.6% Monday. Gasoline futures spiked more than 4% earlier in the session before paring its advance. While Gulf of Mexico producers had shut in about 1.7 million barrels a day of crude output ahead of the storm, refineries in Louisiana may be… Source link

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