App. The ceo will be here to tell us the one fad he has his eyes on power lunch begins right now check out those record highs across the board the dow, the s p, the Nasdaq Record setting major indexes on track for their best month since june as we look to round out november just sort of two and a half trading days left to go or a little more than that bri brian, take it away. Did you really say visco inferno . Visco inferno with all the three major averages hitting highs, can investors expect more gains as we head into 2020. Good to see you. Brian, how high do to stocks go from here he sees s p 500 headed to 3300 by the end of 2020 just to put that number into perspective, that implies a 5. 3 upside from where were trading at right now some of the things hes referencing is a tri trifecta. Bottoming out referencing the rebound we have seen in german economic data. Other Market Participants are saying the factors are already priced into the market when it comes to trade theres still this
On a china trade deal any time soon parliamentary election we begin with the trade pause, the u. S. Is not ready to make a deal with china. We got big mergers this morning, automakers and fin tech deal for more than 21 billion. We enter this holiday week the dow in the midst of fiveweek losing streak. S p and nasdaq is down about three week s in a row for the first time this year, the first losing month of the year and the first losing may in seven years. We are in a moment where michael corvat said when he was on our show. The more chatter i hear verses what mr. Wonderful was say, we said everything seemed fine, the more i get worried that was a brutal week last week if it is in the mall, it is not good it was great, i think fabulous growth and the stock was down. We had foot locker it just got crushed. So i mean the market when it starts to see on how much supply it is coming we have zoom and beyond meat zoom is 19 billion and beyond meat is 5 billion someone recommended beyond meat.
A number of Hedge Fund Titans betting on it. Should you . Power lunch starts right now. Welcome to power lunch. Stocks are holding steady. The nasdaq and s p 500 setting new record highs. The dow swinging between gains and losses right now but in the green at this moment. Tech and Consumer Staples holding up. Check out some of the movers now. We have chinese telco actually its sina, a web company, trading at levels not seen in more than five years. Staples and Dicks Sporting Goods down big after their results. Home depot a real bright spot in retail on the back of better than expected earnings. Twitter spiking higher on news out just minutes ago that cofounder biz stone is returning to the company in an unspecified role. Brian . Mel, thank you very much. We begin all of this at the white house. President trump and turkish president erdogan about to deliver a joint statement. Eamon javers is there as well. Eamon . Reporter yeah, brian, theres a lot to watch for here in this joint statem
Subscription management platform Zuora (NYSE:ZUO) reported Q1 CY2024 results topping analysts' expectations, with revenue up 6.5% year on year to $109.8 million. The company expects next quarter's revenue to be around $112.5 million, in line with analysts' estimates. It made a non-GAAP profit of $0.11 per share, improving from its profit of $0.05 per share in the same quarter last year.
Subscription management platform Zuora (NYSE:ZUO) reported results in line with analysts' expectations in Q4 FY2024, with revenue up 7.4% year on year to $110.7 million. On the other hand, next quarter's revenue guidance of $108.8 million was less impressive, coming in 2.8% below analysts' estimates. It made a non-GAAP profit of $0.12 per share, improving from its loss of $0.04 per share in the same quarter last year.