Soros Fund Management bought several beaten-down technology stocks in the final quarter of 2022.
Investing in innovation can still be a winning strategy.
For growth investors, there are few stock pickers who have generated more attention over the past few years than Ark Invest CEO Cathie Wood. During the incredible post-pandemic run-up in top growth na

Zoom Stock Is Getting Hit With a Double Whammy

07:36am, Wednesday, 08'th Feb 2023
Following a return to more in-person work, a new challenge is surfacing for the video conferencing specialist.
Eric Yuan is slashing his pay by $490,000. "I want to show accountability not just in words but in my own actions," he told staff.

Zoom CEO takes 98% pay cut as he lays off staff

03:37am, Wednesday, 08'th Feb 2023
Zoom Video Communications Inc (NASDAQ:ZM) chief executive Eric Yuan will forego almost his entire salary as the  firm moves to lay of 1,300 staff. Yuan will cut his salary by 98% and not take a bonu
CEO Eric Yuan says ‘We worked tirelessly
Markets jumped sharply on Tuesday, powered by positive comments from Federal Reserve Chairman Jerome Powell.
CEO Eric Yuan says the cuts are due to economic uncertainty.
The tech industry started the year with a wave of job cuts, around 50,000 in January alone, and there doesn't appear to be any let up this month. The computer maker Dell said Monday that it's cutting
The company is cutting 15 percent of its work force, or about 1,300 jobs, citing “the uncertainty of the global economy.”
The latest company to surge after announcing job cuts is Zoom (NASDAQ: ZM ). Shares of ZM stock are up roughly 7% today after the company announced layoffs.

Here's Why Zoom Stock Suddenly Soared Today

02:28pm, Tuesday, 07'th Feb 2023
The company's layoffs could signal a significant slowdown is already underway.

Zoom layoffs impact 15% of staff

02:15pm, Tuesday, 07'th Feb 2023
After an unfathomable boom at the onset of the pandemic, Zoom has made the decision to cut 15% of its staff, or 1,300 people.

Zoom reducing headcount by 1,300

01:11pm, Tuesday, 07'th Feb 2023
Zoom is reducing its headcount by 15%, CEO Eric Yuan said in a blog post published on Tuesday on the video communication company's website.
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