The newly publicized security vulnerabilities of Zoom (NASDAQ:ZM), combined with the likely easing of the novel coronavirus crisis in a couple weeks and the meaningful competition the company is facing, do not bode well for Zoom stock at all. As a result, investors should avoid the shares.Source: Michael Vi / Shutterstock.com On April 5, The Washington Post reported that "thousands of personal Zoom videos have been left viewable on the open web." A number of the company's customers have also been plagued by harassment while using its software.Further, Zoom has multiple links to China that have disturbed some of its customers because of the security implications of those links. And Zoom's CEO has recently admitted that the company has had "some missteps" when it comes to security.InvestorPlace - Stock Market News, Stock Advice & Trading TipsThe daily death total from coronavirus appears to have peaked at an average of around 1,200,...
Income investors must be salivating over BP's (NYSE:BP) current dividend yield of 9.9%. However, if you're looking for income, BP stock is not the answer. Source: JHVEPhoto / Shutterstock.com InvestorPlace - Stock Market News, Stock Advice & Trading TipsHere's why. On Feb. 4, BP announced its fourth-quarter results, which included a 6.1% decline in revenues ($72.2 billion), and an adjusted net profit of $2.6 billion, 26.2% lower than a year earlier. The good news is that the company's profit was much better than analyst expectations. Further, the company raised its quarterly dividend by 2.4% to 63 cents. CFO Brian Gilvary had previously said that it would be "premature" to increase the dividend. "BP is performing well, with safe and reliable operations," Outgoing CEO Bob Dudley said in a statement. "This all supports our commitment to growing distributions to shareholders over the long term."So, as a result of the increase, BP's dividend...
In another emergency announcement, the Federal Reserve announced $2.3 trillion in new funding programs to address the economic impact of the coronavirus....
