Apple Inc (NASDAQ: AAPL) could preview the mixed reality (MR) goggles as a wildcard at its upcoming annual Worldwide Developers Conference, according to Loup Ventures Managing Partner Gene Munster — who has been closely tracking the company.
Goldman Sachs Vice President of Global Investment Research Michael Ng downgraded two major film exhibitors, Imax Corp (NYSE: IMAX) and Cinemark Holdings, Inc. (NYSE: CNK), in a newly published analysis.
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Zoom Video Communications Inc (NASDAQ: ZM) shares traded lower by 0.3% on Wednesday after the company reported blowout first-quarter earnings numbers but warned investors that a slowdown is coming in the quarters ahead.
While Snap Inc’s (NYSE: SNAP) ad manager data suggests some pressure on users, the data on CPMs (cost per thousand) remains robust and DAU (daily average user) data is trending broadly in line with expectations, according to BofA Securities.
F5 Networks, Inc’s (NASDAQ: FFIV) growth targets appear too optimistic, with the market “rapidly transitioning to cloud-based architectures,” where the company has a lower share, according to Goldman Sachs.