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Can Zoom Survive the Competition? Is the Stock a Buy?

CWEB Staff

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September 2, 2020

Can Zoom Survive the Competition? Is the Stock a Buy?

Zoom stock has been on fire lately with gains this past Tuesday and a quarterly report sending the stock up more than 30%. Today, however. the stock retreated down 6.5 percent as of 11:20 AM. The company has a market cap of $120 billion dollars. But can it survive among the competition from companies such as Google and Microsoft?

Today however the stock pulled back. The stock has gained 520% year-to-date and it’s not surprising investors are starting to take their profits. The company has a lofty evaluation with shares trading 115 times sales and 250 times its future earnings. While these are impressive growth numbers, the stock remains extremely volatile. Guidance targets for Zoom Technologies calls for revenue of 2.7 billion above the company revenue reported for fiscal 2020 of $622.7 million in sales.

Could a Zoom sale be in the picture? Who would buy it ? Perfect suitors for Zoom would be a Microsoft or Google takeover. Zoom technologies is an infrastructure company which could attract companies like Amazon, and IBM to take a stake. Microsoft would be the number one player as well as Salesforce– as it’s very successful with its data integration (MuleSoft) and data visualization (Tableau) units.

Image Credit visuals on Unsplash

Celebrities Prince Harry and Meghan Markle Sign Mega Deal with Netflix

CWEB Staff

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September 2, 2020

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Celebrities Prince Harry and Meghan Markle Sign Mega Deal with Netflix

The royal couple just signed a mega eal Netflix to produce a series. The mega deal content about their new nonprofit, Archewell. Since stepping down from the royal family and moving to Los Angeles the Duke and Duchess of Sussex will make films, television shows, children’s series, and documentaries with Netflix .

The couple is well suited to begin their new life in Hollywood. They just purchased a home in Santa Barbara area in the town of Montecito for $14.65 million. The new home has 18,671-square-feet, 16 bathrooms and 9 bedrooms on 7 Acres of property. The home is just around the corner from celebrity, Oprah Winfrey, Gwyneth Paltrow , and Ellen DeGeneres.

Zillow reports the listing 765 Rockbridge Rd, Santa Barbara, CA 93108- Sold: $14,650,000 Sold on 06/17/20.

YEAR PROPERTY TAXES TAX ASSESSMENT

2020 $25,136 $2,450,501 (+2%)

2019 $25,136 (+2%) $2,402,452 (+2%)

2018 $24,644 (+5.8%) $2,355,346 (+6.1%)

The property come equipped with:

Equipment: Alarm System

Spa: In Ground

View Description: Ocean

Laundry: Room

Fireplace Rooms: Gas

Parking Garage: Garage – 4+ Car

Pool Description: Heated

County: Santa Barbara

Listing Area: Montecito

Style: Country French

Property description Source:Zilllow

Photo Source: Wikipedia

Eviction Moratorium through End of the Year in Full Force

CWEB

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September 2, 2020

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Eviction Moratorium through End of the Year in Full Force

The home sector is on watch after President Donald Trump administration implemented a national moratorium on residential evictions through the end of the year. The new ban covers tenants who certify that they have lost “substantial” income; that they expect to make no more than $99,000 in 2020 or received a stimulus check; and that they are making their “best efforts” to pay as much of their rent as they can. When the moratorium expires at the end of 2020, renters who received protection will still need to make up missed payments to their landlords.

Apple and Google partner on COVID-19 contact tracing technology

CWEB Staff

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September 1, 2020

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Apple and Google partner on COVID-19 contact tracing technology

Google and Apple are announcing a joint effort to enable the use of Bluetooth technology to help governments and health agencies reduce the spread of the virus, with user privacy and security central to the design. Source : Apple

Google ( Alphabet Inc. (GOOG) and Apple team to build Covid-19 notifications do both the Android and on iOS 13.7 for iPhones coming out Tuesday. This will appear in future versions a both operating systems. The technology uses Bluetooth signals to search how long two phones were close to each other with Bluetooth technology. The app will not collect location or identity data .

Mark Zuckerberg and Priscilla Chan Donate $300 Million for U.S. Elections

CWEB Staff

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September 1, 2020

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Mark Zuckerberg and Priscilla Chan Donate $300 Million for U.S. Elections

In an effort to help out with the U.S. elections scheduled for November 3rd, Facebook CEO Mike Zuckerberg and his wife Priscilla Chan are donating 300 million dollars to Help with the Presidential election this November 3rd . “There will be historic levels of voting by mail, and increased need for poll workers and equipment to support contact-free voting,” Zuckerberg said.

Priscilla Chan posts from her Facebook page-“ Voting is the most important thing you can do to shape the future of this country. With the immense challenges that the pandemic has presented for election officials and systems across the United States, Mark and I are personally committing $300 million to two nonpartisan organizations to help bolster the election infrastructure — and help protect this sacred right.

Local election jurisdictions are working hard to respond to the unprecedented impact that COVID-19 has created. The Center for Tech and Civic Life will use this funding to provide officials with the staffing, training, and equipment necessary to make sure that every voter can participate in a safe and timely way in the election. Support provided to The Center for Election Innovation & Research will go to Secretary of State offices across the country who are working to ensure electoral systems are secure and voters are informed.

We are proud to support the work of organizations and election officials across the country to ensure that — despite this pandemic, more Americans will be able to use their voice to vote. Source: Facebook

Astra Zeneca Phase 3 Trial for COVID-19

CWEB

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September 1, 2020

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AstraZeneca (NYSE:AZN) is starting Phase 3 trials of its experimental coronavirus vaccine in the U.S., becoming the third company to start late-stage trials to prevent COVID-19. Trial centers across the nation are recruiting up to 30K adults aged 18 years or over. AstraZeneca’s vaccine, known as AZD1222, was developed in partnership with Oxford University and has the backing of the U.S. government. Rivals Moderna (NASDAQ:MRNA) and Pfizer (NYSE:PFE)/BioNTec (NASDAQ:BNTX) already have Phase 3 trials under way, also with federal funding.

Elon Musk Surpasses Mark Zuckerberg’s Wealth: Tesla Stock Up 475 Percent This Year

CWEB Staff

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September 1, 2020

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Elon Musk Surpasses Mark Zuckerberg’s Wealth: Tesla Stock Up 475 Percent This Year

Musk was worth $111.3 billion Monday after Tesla’s stock split. 40.4 million Tesla shares owned by Elon Musk are worth $87 billion.

As of 10: 33 AM Tesla shares are up at Tesla, Inc. (TSLA) Nasdaq at 487.55. Nothing changes in the outlook for a stock that splits, it just lets smaller investors get in on the action who formerly shied away from the stock. Tesla’s stock split 5-for-1.

Tesla Will make new technology announcements on “Battery Day” Sept. 22,2020 After it announces third quarter earnings .

Five Highly Paid Celebrity Athletes and Their Businesses

CWEB Staff

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September 1, 2020

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Five Highly Paid Celebrity Athletes and Their Businesses

Michael Jordan

Reaching the heights of professional sports is not an easy feat and requires extraordinary talent. But even the finest athletes have a shelf life, and most retire before they reach 40. Retirement is challenging, and the life they led before is a tough act to follow. However, the following athletes made it big in their endeavors creating an excellent sequel to their success story.

The name is worth plenty on its own, but apart from endorsements and brands, he owns 90% of the Charlotte Bobcats, which are now worth $780 million. The player also has a lifelong deal with Nike that generates $3 billion a year in annual revenue.

David Beckham

The global heartthrob has been building his brand and has conquered the world of fashion, mass media, and entertainment to launching his very own fragrance line. He pockets $50k a day with his current business and brand endorsements. His transition from a sports star to model has earned him the title of the wealthiest sportsman of all time.

Maria Sharapova

A Wimbledon champion at the young age of 17 and the world number one at 18, this Russian sports star founded a premium candy line by the name of Sugarpova. This venture turned out to be just as sweet as expected and made her a load of money in the initial year; and is now a globally recognized brand. She has pretty lucrative endorsement deals with top brands such as Porsche, Nike, and Evian.

Tony Hawk

Tony Hawk, aka The Birdman, is undeniably the most famous skateboarder who was a whizz kid turned pro at the age of 14. He founded the birdhouse skateboard company and a clothing line, Hawk Clothing. In 1999 he struck gold when he created the Tony Hawk’s Pro Skater video game franchise in partnership with Activision. It took the market by the storm and was a bestseller in the action sports category.

Venus Williams

Venus Williams’ tennis skills redefined the sport, but the tennis superstar proved to be equally talented in the business field by launching her interior design company and her own fashion line in 2007. The brand is more than just a celeb project, and Williams is heavily engaged in planning, design, logistics, PR, and marketing.

Apart from the budget, starting a business takes courage. Your chances of launching a successful business are the same whether you’re a professional athlete or a coin collector. So take the plunge!

Warren Buffets Top Holdings : Apple Stock is 44% of His Portfolio

CWEB Staff

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August 31, 2020

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Warren Buffets Top Holdings : Apple Stock is 44% of His Portfolio

Fortune.com reports” On Monday, Berkshire Hathaway, the giant holding company chaired by Warren Buffett, announced it had acquired a roughly 5% stake totaling approximately $6 billion in five of Japan’s largest trading houses. The purchase is the latest of Buffett’s bids to expand overseas, as his $520 billion investment firm remains heavily U.S.-weighted. Source : Fortune.com

Apple (NASDAQ: AAPL) $89.4 billion

Bank of America (NYSE: BAC) $22 billion

Coca-Cola (NYSE: KO) $17.9 billion

American Express (NYSE: AXP) $14.4 billion

Kraft Heinz Co (NYSE: KHC) $10.4 billion

Moody’s Corp (NYSE: MCO) $6.8 billion

Wells Fargo (NYSE: WFC) $6.1 billion

US Bancorp (NYSE: USB) $4.9 billion

DaVita Inc (NYSE: DVA) $3 billion

On August 17^th, 2020 Investors.com reported Buffet’s holdings as follows-

Bank of America (BAC), 925 million

Coca-Cola (KO), 400 million

Kraft Heinz (KHC), 325.6 million

Apple (AAPL), 245.2 million

Wells Fargo (WFC), 237.6 million

American Express (AXP), 151.6 million

U.S. Bancorp (USB), 131.9 million

General Motors (GM), 74.7 million

Bank of New York Mellon (BK), 72.4 million

Sirius XM (SIRI), 50 million

NASDAQ: AAPL CWEB Analysts view the stock as a long term growth and a great addition to your investment portfolio with an upward momentum of $900 by 2021

Elon Musk Debuts Brain Chip Implant For Paralyzed People To Operate Technology Video

CWEB Staff

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August 31, 2020

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Elon Musk Debuts Brain Chip Implant For Paralyzed People To Operate Technology Video

“I think it’s going to blow your minds,” Musk said. “It’s like a Fitbit in your skull with tiny wires.”I’m excited to announce that we received a breakthrough device designation from the FDA in July.” Elon Musk reports.”I want to be clear, “We’re working closely with the FDA. We’ll be extremely rigorous. We’ll significantly exceed the FDA guidelines for safety. We will make this as safe as possible.”

Elon Musk

@elonmusk

If you’ve solved hard problems with phones / wearables (sealing, signal processing, inductive charging, power mgmt, etc), please consider working at engineering@neuralink.com

6:59 PM · Jul 17, 2020Twitter for iPhone

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Can Zoom Survive the Competition? Is the Stock a Buy?

Celebrities Prince Harry and Meghan Markle Sign Mega Deal with Netflix

Eviction Moratorium through End of the Year in Full Force

Apple and Google partner on COVID-19 contact tracing technology

Mark Zuckerberg and Priscilla Chan Donate $300 Million for U.S. Elections

Astra Zeneca Phase 3 Trial for COVID-19

Elon Musk Surpasses Mark Zuckerberg’s Wealth: Tesla Stock Up 475 Percent This Year

Five Highly Paid Celebrity Athletes and Their Businesses

Warren Buffets Top Holdings : Apple Stock is 44% of His Portfolio

Elon Musk Debuts Brain Chip Implant For Paralyzed People To Operate Technology Video

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