By the end of October I think TSLA will be up to $1500

Warren Buffett may end up being right selling his airline stocks in the long term, his timeframe is not days or weeks. I just sold all my airline stocks and buy TSLA $ SNAP for long run

BA

Yes I stand with the woman. For how long she has to endure abuse all in the name of marriage. May God save us from bad husband

For new trader

Earnings after close today and before the open tomorrow

Alot of volume, I will keep my eyes on it

Video chat software giant Zoom (ZM) announced its Q1 2021 earnings after the bell on Tuesday, beating expectations and giving investors and analysts their first look at how much growth the company has experienced as a result of the coronavirus pandemic and ensuing lockdowns.

Here are the most important numbers from the report compared with what analysts were expecting, as compiled by Bloomberg.

Revenue: $328 million versus $203 million expected

Earnings per share: $0.09 versus $0.01 expected

The company’s stock was down in after hours trading

Zoom has been among the biggest beneficiaries, if you can call it that, of the pandemic. The lockdowns, which are now being eased in many countries, forced people to gather in front of their laptops, smartphones, and tablets to stay in contact with friends and loved ones, work from home, and attend virtual classes.

It’s revenue, as a result jumped a whopping 169% year-over-year.

Zoom CEO Eric Yuan attends the opening bell at Nasdaq as his company holds its IPO in New York. (AP Photo/Mark Lennihan, File)More

Thanks to its ease of use, and free 40-minute chat sessions, Zoom quickly became the de facto chat platform for people around the world. But as its popularity exploded at the beginning of the pandemic, cybersecurity experts began warning that the company’s lax approach to security and safety were a major issue.

A laundry lists of issues

Zoombombing, in which random users would crash Zoom chat sessions and show images of vile content or scream curses, became such a problem that the New York City Department of Education banned the use of the platform for distance learning.

The company also didn’t enable password protection or a virtual lobby by default for every chat, which allowed unwanted users to join, and was sharing data with Facebook. Video chats were also being routed through China, which raised the prospect that the Chinese government would be able to access recordings of users’ chats.

On top of it all, Zoom claimed to be using end-to-end encryption with its chats, when it actually wasn’t. End-to-end encryption encrypts a message’s data from the point it leaves your device and only decrypts it on the device of the user you’re talking to.

While Zoom was using secure encryption, it wasn’t end-to-end encryption, which is the gold standard for chat services.

It all resulted in high-profile users leaving the platform and calls for an FTC investigation into the firm.

In response to the criticism, Zoom embarked on a 90-day plan to revamp its platform security. It froze any plans to add new features, and focused on ensuring all chats were password protected and that they had a virtual lobby that users could use to screen chat participants before they could join. The company also purchased Keybase with the intention of using that company’s end-to-end encryption expertise to add the functionality to Zoom chats.

So far the move seems to be paying off, as clients such as the NYC Department of Education have started using the service again.

But Zoom has also been criticized for mischaracterizing its number of users. In April, the company claimed it had 300 million daily users, but The Verge recognized a change in the wording of Zoom’s statement announcing the milestone, which rephrased the number as “300 million daily meeting participants.”

The difference between a user and a participant is dramatic as a single user can participate in multiple meetings each day. In a statement at the time, Zoom said that the phrasing was a genuine oversight, but it added to the laundry list of issues the company was dealing with.

Despite all of that, the company appears to be in solid shape moving forward, and continues to be a leader in the video chat app space.

Go buy full cow put for you house dey eat as you like. GREEDY $ UNGREATFUL IN LAW

Earnings of the week

Nice trade is there any fess when buying and selling, and is your day trading account above PDT rules

Earning for this week

For new investors

How many Naija celebritie have $10million dollars.

Only the fool will say vanity, my broda chose your vanity well oo