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Money

Zoom call fail – shares in video comms company fall 90%

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Zoom is set to buy Five9

It seems like the novelty of Zoom calls have taken their toll

Shares in the video communications company have fallen by 90 per cent from pre-pandemic levels.

The stock was down nearly 10 per cent on Tuesday after the company cut its annual sales forecast.

The news has led to at least six brokerages to cut their price targets.

Of course, the company became a household name while we were all at home during the height of COVID lockdowns.

Some analysts believe acquisitions could help to increase the growth at Zoom.

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Money

The mounting pressure on Government spends

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Questions abound regarding the factors fueling this inflation surge in Australia and whether it correlates with the escalating government expenditures.

Concerns extend to how Chalmers navigates the mounting pressure amid discrepancies in spending allocations.

Moreover, as Australians grapple with the reality of rising living costs, the feasibility of cutting spending becomes a pressing issue. Additionally, amidst economic uncertainties, individuals seek guidance on managing stock market risks effectively. #Featured #Trending

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Will Australia’s foreign investment rule create an economic boost?

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Australian Treasurer Dr. Jim Chalmers announced an overall of foreign investment rules ahead of the budget.

Australia is set to announce a significant decline in its projected gross debt, signalling a more optimistic outlook for the country’s fiscal health.

The Airport Economist, Professor Tim Harcourt at UTS joins to discuss.

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Money

Research key to investment success

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What is the importance of research in the investing and super landscape in Australia?

Wyld Money dives into the world of financial freedom. Whether you’re a seasoned investor or just getting started, join us for actionable tips and tricks to unlock your earning potential, and retire on your own terms.

In this episode, Mark is joined by Peter Green, Director of Research at Lonsec Research. #wyld money

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