Zoom shares experienced a significant surge, climbing up to 13% in after-hours trading on Monday following the announcement of its fiscal fourth-quarter results. The company managed to surpass analysts’ expectations on several key metrics, with adjusted earnings per share coming in at $1.22 compared to the anticipated $1.15, and revenue reaching $1.15 billion versus the
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When considering the recent news of Capital One’s $35.3 billion takeover of Discover Financial, JPMorgan Chase CEO Jamie Dimon expressed a lack of concern over the increased competition that would result from this merger. Dimon emphasized the importance of healthy competition in the industry, stating, “My view is, let them compete. Let them try, and
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The Biden administration has set ambitious goals to establish the United States as a major manufacturer of state-of-the-art semiconductor chips by the year 2030. Commerce Secretary Gina Raimondo outlined the administration’s plan during a speech at the Center for Strategic and International Studies, emphasizing the importance of this initiative in terms of global competitiveness, national
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The World Health Organization (WHO) has recently updated its infection prevention and control (IPC) guideline for Ebola and Marburg disease in an effort to tackle “inappropriate practices” in managing these outbreaks. This includes revisiting existing recommendations based on past experiences with outbreaks of these deadly diseases. According to a summary of the recommendations by Victoria
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The Universe is full of wonders, some of which defy the imagination. Magnetars, for example, are neutron stars with incredibly powerful magnetic fields, reaching strengths of around 100 trillion gauss. These cosmic monstrosities are the result of matter being gravitationally compacted to extreme levels, creating unimaginable forces. However, recent research suggests that even here on
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The stock market has experienced significant upward momentum, with Warren Buffett’s Berkshire Hathaway reaching a 52-week high. This surge in stock prices is fueled by the recent announcement of Nvidia’s blockbuster earnings, which has propelled the market to new heights. The S&P 500, Dow Jones Industrial Average, and Nasdaq Composite have all seen substantial gains,
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