Zoom’s share price continues to see a lot of volatility as more workers are returning to the office and the group is struggling to keep the momentum going now, we are well beyond the pandemic.
Last week, the ECB hiked interest rates by 75-bassis points, meeting estimates. Christine Lagarde, the head of the ECB made it clear that more interest rate hikes are in the pipeline as CPI in the eurozone is at a record high.
FedEx is a delivery company and therefore its heavily tied in with consumer activity, so the performance of the company can viewed as a gauge of consumer appetite.
The upcoming FOMC meeting minutes have been considerably hyped up
In early June, Microsoft cut its fourth quarter guidance because of unfavourable moves in the currency markets.
Earlier this month, Tesla announced plans to carry out a three-for-one stock split. The move was approved by the board of directors, and it will come into play on 25 August.
Visa’s share price saw a spike in volatility last month when the company posted its third-quarter earnings.
NVIDIA’s share price skyrocketed in 2021 because of the lockdowns as there was a surge in demand for items that require chips.
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