
As we’ve noted previously, Ark Invest has an almost insatiable appetite for risk. That brings us to professional investment manager Cathie “Risk is my Shtick” Wood, founder and CEO of Ark Invest, an investment management firm that in recent years played kingmaker among tech stocks until the kingdom fell into ruin this year. If that’s not enough to drive you into going all-in on vino investing: Just 2.4% of stocks accounted for all of the $75 trillion in net global stock market wealth over those 30 years. Treasury bills in terms of compound returns. Indeed, a recent study that looked at the performance of more than 64,000 global stocks between January 1990 and December 2020 found that more than half underperformed one-month U.S. Zoom is 100% reliant on the smooth functioning of all its digital offerings, and blackouts in even one can seriously disrupt users and perhaps even lead to migration to rival online video conferencing/phone service providers.One of our core mantras at Nanalyze is that if 95% of professional investment managers can’t beat a broad market benchmark, it’s highly, highly unlikely that an all-night session of LMGTFY will lead you to the next Microsoft or Google. Similarly operational, according to that page, was the company's foundational Zoom Meetings service.Īlthough all seems to be back to normal, the investor reaction to the outages is understandable.

Zoom hasn't yet commented in more detail about the incident.Īs of late afternoon Friday, the specialty tech company's status page indicated "all systems operational," including Zoom Phone for all listed regions. The article also stated that Zoom posted on its status dashboard that its Zoom Phone telephony feature was experiencing degraded operability. Reuters cited statistics compiled by tracking site indicating that nearly 10,000 such incidents occurred that day. So whatĪccording to numerous media reports, Zoom's audio-streaming platform suffered a spate of outages on Thursday. But that's what happens when your service goes dark for thousands of users.


Bellwether teleconferencing stock Zoom Video Communications ( ZM 1.94%) was a stinker of a stock on Friday, sagging more than 2% in price against the 1.4% rise of the S&P 500 index.
