NASDAQ:GTM

ZoomInfo Stock’s Brutal Reset Sets Up a Post-Holiday Test for Wall Street
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ZoomInfo Stock’s Brutal Reset Sets Up a Post-Holiday Test for Wall Street

ZoomInfo shares closed Friday at $3.61, near a one-year low, after a week of selling and a recent guidance cut. The company reported Q1 revenue of $310.2 million, up 1.5%, but lowered its full-year outlook and announced a restructuring affecting about 600 employees. Analysts at Jefferies and Piper Sandler downgraded the stock, citing weak demand and client churn.
May 25, 2026

Stock Market Today

  • ASX Investors Face Hidden Overexposure to US 'Magnificent 7' Tech Giants
    May 29, 2026, 8:06 PM EDT. Many Australian investors may unknowingly hold significant stakes in the US tech giants known as the 'Magnificent 7'-Microsoft, Amazon, Alphabet, Meta Platforms, Apple, Tesla, and NVIDIA. These companies dominate various US exchange-traded funds (ETFs) like BetaShares Nasdaq 100 (NDQ), Schwab U.S. Large-Cap Growth (SCHG), iShares S&P 500 (IVV), and others widely held in Australia. In addition, large positions in listed investment companies (LICs) such as MFF Capital and ETFs like VanEck Morningstar Wide Moat (MOAT) further increase exposure. Superannuation funds also typically include these stocks, amplifying collective investment risk. Investors should audit their portfolios to understand the extent of their indirect and direct holdings in these tech behemoths amid their growing market dominance.