Zoom pares back annual forecast as revenue growth slows to single digits

August 22, 2022

Zoom Video Communications shares fell as much as 8% in extended trading on Monday after the video-calling software maker pared back its full-year forecast for earnings and revenue.

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72% of economists expect a US recession by the middle of next year

The Federal Reserve is unlikely to tame inflation without pushing the American economy into a recession, according to a survey of economists released Monday.

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AMC shares plummet as rival Cineworld warns of possible bankruptcy

AMC Entertainment shares are plunging after rival movie theater chain Cineworld warned that it might file for Chapter 11 bankruptcy.

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