Diamonds and Dogs

8/31/21

Leading sports-first live TV streaming platform fuboTV (FUBO) is up 5% after announcing that it has received approval from the Iowa Racing and Gaming Commission to offer advance deposit online sports wagering within the state of Iowa launching its mobile sportsbook, Fubo Sportsbook, which remains on track to go live in the fourth quarter 2021. Football season is almost here.

Zoom Video (ZM) zooming lower. Zoom is down 16% following earnings. The video communication company that became a verb during the pandemic gave disappointing guidance tied to the expected loss of more small business customers which account for 36% of their total revenue as the economy normalizes and more in-person meetings resume.

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