Fri, Sep 3, 2021 4:06 PM
Former RedBus executive Phaneesh Gururaj becomes technology head of Koo
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Zoom Video increased its sales from $622 million in Fiscal 2020 to $4 billion in Fiscal 2022. Its sales then grew to $4.4 billion in 2023 and $4.52 billion in 2024. Out of the 24 analyst ratings given to Zoom stock, six are Buys, 16 are Holds, and two are Sells, indicating a Hold consensus rating. The average ZM stock price target is $77.68, indicating upside potential of 26% from current levels.
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Shares of Tata Elxsi today dipped 5% to the day’s low of Rs 7,000 after the Q4 results of the company disappointed the investors. The company announced its quarterly results yesterday wherein it posted a decline of 4.5% sequentially in its net profit.The engineering service provider saw its Q4 revenue at Rs 905.9 crore, down 0.9% quarter-on-quarter (QoQ).
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Changpeng Zhao, the founder of Binance, the world's largest cryptocurrency exchange, should serve 36 months in prison after pleading guilty to violating laws against money laundering, U.S. prosecutors said in a court filing on Tuesday. Zhao, who is expected to be sentenced on April 30 in Seattle, stepped down as Binance's chief last November, when he and the exchange admitted to the violations.
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