SHOP ATH after CTO tweets a graph of platform traffic. Their daily traffic is now equal to Black Friday.
Inovio, nasdac ticker INV has been involved in making a vaccine for coronavirus. it is current approved for stage two trials in south korea. It has gained over 25% in the last two days. it might be worth looking into.
I sold too soon
There are so many companies trying for it. Moderna is another, and Bill Gateâs and Fauci have a relationship with them. I donât get biotech enough to make an intelligent bet on whoâs going to win. I see a lot of biotech names hitting highs though. Someone is clearly going to make a fortune here. Although, I suspect theyâll have to give away the vaccine in a lot of the world.
Akamai is making moves. Any thought on this. Looks like this company is king of the CDN (content delivery network) market.
$HOP back to 52 week high.
Are we going to see a retest or not. I am paralyzed.
Clueless but very sure should backup the truck should that happen.
Zoom Daily Users Surge to 300 Million Despite Privacy Woes
Zoom Video Communications Inc. has been lambasted for its security flaws, but the backlash hasnât slowed growth. The company reported a 50% surge in use of the online meeting application in the past three weeks.
On April 21, more than 300 million people used Zoomâs flagship videoconferencing app, up from about 200 million on April 1, Chief Executive Officer Eric Yuan said Wednesday during a webinar focused on security. While some companies and school districts have dropped the app, Zoomâs response has reassured investors and sent shares climbing.
âClearly the Zoom platform is providing an incredibly valuable service to our beloved users during this challenging time,â Yuan said. âWe are thrilled and honored to continue to earn the trust of so many enterprises, hospitals, teachers and customers throughout the world.â
Zoomâs shares rose about 5% Wednesday to $150.25 at the close of New York trading. The stock has more than doubled so far this year. Before the Covid-19 pandemic, Zoom was focused on business communications and used by about 10 million people, mostly office workers.
The San Jose, California-based company earlier Wednesday detailed a variety of updated security measures for the latest version of its app, including the ability to report a user to Zoom and a boosted level of encryption. Like many of its peers, the company doesnât offer end-to-end encryption, which is the highest standard.
For most users and most use cases, the end to end encryption is not even needed. I do not know why people make so much fuss about it. What is like-able about the ZOOM is the simplicity of its use model. It is like cell phones, people care not much about the power of the processor but the life of the battery.
Opps.
Thanks zoom for forcing others to be able to use their services without creating an account. (a source of data harvesting )
SHOP and TWLO report tomorrow. I will probably sell some OTM calls against both as a hedge.
âFor the quarter, Shopify (ticker: SHOP) reported revenue of $470 million, up 47% from a year ago and well ahead of the Wall Street analyst consensus of $443.1 million. It reported a surprise non-GAAP profit of 19 cents a share; consensus had been for a loss of 18 cents a share. Gross merchandise value was $17.4 billion, up 46%.â
âThe Ottawa-based company said new stores created on the Shopify platform grew 62% in the six weeks between March 13 and April 24 from the prior six weeks, âdriven by the shift of commerce to online and by the extension of the free trial period on standard plans from 14 days to 90 days.ââ
Thatâs a huge surge in new stores thanks to SIP. Retailers who arenât online yet realize they need to be to survive.
I need to hide my head in the sand after trading it in the low 100âs a few years ago.
I sold too soon too, maybe in 400s or was it 5. Did not expect it to do so well. Actually did not expect most of tech to do so wellâŚ
Thanks to you prodding me into action. I bought some at the end of march.
Iâm still bummed I missed OKTA. It just didnât drop as much, so it never hit the price of the puts I sold. At least, the puts were profitable.
@hanera convincing me that selling puts wasnât as risky as I thought has been huge. Thanks Hanera.
TWLO $165