The Bullet Points 6.5.2020

  • Episode 1: What Should I Do With My Time?:

    About a month ago, we held a pre-retirement webinar. We thought the message would be great to share for anyone who is approaching retirement or just wants to start thinking about what is required. Over the next five weeks, we'll walk through five important questions to ask yourself as you near retirement. We hope you enjoy and find value in the video.

  • Zoom Crushes Earnings Report:

On Tuesday, Zoom reported revenue growth of 169% from the previous year in its first-quarter earnings report, according to CNBC. In addition, the company almost doubled its revenue guidance for 2020. Of course, the strong earnings are reflective of the coronavirus pushing millions of people to the video calling service. Shares fell 4% in after-hours trading during the company's earnings call as it revealed higher-than-expected cloud computing costs to deal with the surge in demand.

  • Campbell Soup Reports Strong Earnings:

    Although their earnings were not as strong as Zoom's, Campbell Soup reported a 35% increase in US soup sales in retail for three months ending on April 26, according to CNN Business. As people around the world stocked their pantry during the pandemic, they reached for canned goods, such as Campbell's Chicken Noodle. At the beginning of March, soup demand was up 140%. Mark Clouse, CEO of Campbell Soup, says, "The quality improvements we made on our icon soups have served us extremely well in this environment.

  • The NBA Is Back!:

According to ESPN, the NBA's board of directors will approve a league proposal for a 22-team format to restart the season in Orlando Florida. The teams will include 13 from the Western Conference and 9 from the Eastern Conference. There will be eight regular-season games, and a potential play-in tournament for the eighth seed. The teams will begin to train at team facilities in early July and move to Orlando later in the month. While the NBA and NBA Players Association are negotiating the details, teams and players will need to abide by certain safety protocols.

  • Good News- 'Dad, How Do I?':

Rob Kenney, a man from Bellevue, Washington who grew up without a father, wanted to make a difference for kids who are in the same situation. According to the Good News Network, Rob's YouTube channel, 'Dad, How Do I?', teaches youths the important lessons a father is meant to teach. These lessons include how to change a car's oil, put up a shelf, use a stud-finder, and shave your face. After launching his channel two months ago, Rob already has more than two million subscribers. Rob has told fans that he plans to give his earnings to several international charities. 

 

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