Sun. Dec 3rd, 2023
Zoom Raises Full-Year Sales Guidance

Zoom Video Communications Inc (NASDAQ:ZM) shares increased by 1% after Monday’s closing bell as the video conferencing platform revised its full-year sales guidance. For 2023, Zoom now forecasts revenue between $4.506 billion and $4.511 billion, with adjusted earnings per share between $4.93 and $4.95. This update surpasses previous estimates of $4.49 billion and $4.66, respectively.

Agilent Technologies Surpasses Expectations with Q4 2023 Results

Agilent Technologies (NYSE:A) experienced a surge of over 6% in its shares after announcing its fourth quarter 2023 financial results, which exceeded expectations in both revenue and earnings. In the specified period, the company’s adjusted earnings per share (EPS) declined by 10% YoY to $1.38, while its revenue dropped by 9% to $1.69 billion. Group Beats Earnings Estimates in Q3 Group Limited saw its shares rise by 1.5% following the release of its third-quarter results, which surpassed earnings expectations. The Shanghai-based travel services company reported earnings of $1 per share, far exceeding the $0.68 per share predicted by analysts. However, its revenue of $1.88 billion fell short of the estimated $1.92 billion.

Biden Administration Maintains Relationship with SpaceX and Starlink

The Biden administration intends to maintain its relationship with Elon Musk’s SpaceX and Starlink companies, despite the CEO being criticized for amplifying antisemitic content. According to a National Security Council spokesperson, the White House recognizes the importance of innovation from the private sector and does not plan to terminate its contracts with Musk’s companies.