• ‘Stay at home stock’ Slack Technologies dips ahead of report

    'Stay at home stock' Slack Technologies dips ahead of report“The biggest risk to Slack in our view is that the good news is ‘already out there’,” warned Canaccord Genuity analyst David Hynes in a recent client note, maintaining his “buy” rating on the stock. In Slack’s report after the bell, analysts on average expect a 39.5% jump in quarterly revenue to $188 million and a non-GAAP loss of 6 cents per share, according to Refinitiv. Slack is trading at the equivalent of 23 times its expected 12-month sales, according to Refinitiv, an unusually high level, even among other fast-growing software companies.

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  • Elon Musk: It’s time to break up Amazon

    Elon Musk: It’s time to break up AmazonTesla CEO Elon Musk took to Twitter on Thursday calling for the break up of Amazon. Yahoo Finance’s Kristin Myers and Emily McCormick discuss.

    from Yahoo Finance https://ift.tt/3cw6kbW