It is said that in certain conditions some smaller planes can be flying inverted without the pilot noticing, known as spatial disorientation. Emphasising the importance of checking instruments.
On the back of a transcendental few months for the office based population a new challenger has risen to the task of video web based communication, of course Iām talking about Zoom.
Staving off tough competition from the likes of Microsoft Teams (previously Skype), Zoom has been soaring this year. In and around mid March it was priced around $110, now almost double this at time of writing.
Quite the gold rush indeed, with that comes the prospectors and speculators. One such example occurred when Bejing based Zoom Technologies (not the same one!) was massively bought by investors in the wake of home working, spiking its price by 1800%! Trading was eventually suspended on it.
Zoom had its earnings call this week, exceeding analysts expectations, this has reduced its P/E ratio from over 2000 to a much more moderate and conservative 1200 at time of writing.
