Meta (META) Fined By EU & Zoom Video (ZM) Earnings Released

Meta Platforms (META) was fined $1.3B by E.U. for sending user information to the U.S. Caroline Woods and Kevin Green discuss this as Meta says they are appealing these decisions. They note that Ireland's data protection commission issued the Meta fine. They then talk about Zoom (ZM) earnings which were released today, May 22nd, postmarket with adjusted earnings coming in at $1.16 versus an estimated $0.99 and revenue coming in at $1.11B versus an estimated $1.08B. They also go over technical trends to watch for ZM. Tune in to find out more about the stock market today.

Market On Close

23 May 2023

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