Diamonds and Dogs
Oil prices are at a 15-month high as summer driving season kick off. Oil company, Schlumberger (SLB) is up 4% to a new recent high after raising guidance and expecting oil prices to remain strong the rest of the year. From Memorial Day to Labor Day is also called the 100 Deadliest Days for fatal teen crashes. Nationwide, 7028 people died involving teen drivers from 2010 to 2019.
Zoom Video (ZM) spinning its wheels. The pandemic favorite is unchanged following strong earnings and sales which grew 191.4% to $956.24 million easily beating estimates of $908.17 million. Zoom also dramatically raised second quarter and full year guidance.
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