👴🏻 Zoom gets old fast

You're not the only one sick of Zoom | The ECB puts its fingers in its ears | [TOGETHER WITH]( Hi {NAME}, here's what you need to know for September 1st in 3:08 minutes. 💉 If ever there was a time the world needed healthcare innovation, it’s now. So join Goldman Sachs’ Anant Padmanabha for [How To Get Your Dose Of Healthcare 2.0]( next Wednesday, and find out how modern medicine could give your portfolio the shot in the arm it so sorely needs. [Get your free ticket here]( Today's big stories - Zoom reported better-than-expected earnings, but slowing sales growth sent its shares lower - Our analyst might have hit upon the next big opportunity in crypto – [Read Now]( - Fresh data out on Tuesday showed eurozone inflation surging to a decade high OK, Zoomer [OK, Zoomer] What’s Going On Here? Zoom [reported]( better-than-expected earnings earlier this week, but investors seem to think last year’s most hip-happening communications platform is already a relic of the past. What Does This Mean? Now that kids and adults alike are getting back to school and offices, investors are worried that Zoom’s once-strong growth is already starting to dry up. And while the company’s revenue did grow 54% last quarter compared to the same time last year, that was a serious slowdown from the 191% growth of the quarter before. That deceleration looks set to continue, with Zoom forecasting just 31% growth this quarter. It makes sense, then, that the company is buying firms that specialize in other areas. It [announced]( its first major target last month: Five9, a cloud software provider that helps other companies run their online customer support operations – the sort of business that’ll boom even when the world fully opens up again. Why Should I Care? For markets: Investors are hard won, easily lost. Zoom sits alongside Netflix and Peloton as one of the stocks that benefited most from the pandemic. But just like [Netflix]( and [Peloton](, investors have been quick to dump Zoom’s stock now those gains have started to vanish: they sent its shares down more than 15% on Tuesday, meaning its stock is now worth less than it was at the start of the year ([tweet this](). That’s a pretty dramatic reversal of fortunes considering its value almost quintupled in 2020… Zooming out: Robinhood has an existential crisis. At least Zoom’s entire business model isn’t at risk, which can’t be said for another pandemic winner: commission-free trading platform Robinhood makes the bulk of its revenue selling its customers’ orders to [market makers]( in what’s known as “payment for order flow”. But the head of a US stock market regulator said this week that she wouldn’t rule out an outright [ban]( on the practice – a threat that saw Robinhood’s shares tank 7%. You might also like: [How Robinhood plays with your attention and makes you lose money.]( Copy to share story: [( 🙋 [Ask a question](mailto:questions@finimize.com?body=Ask us a question: Where are you writing from? Let us know and we'll mention it when we reply.&noapp=true&subject=OK, Zoomer&utm_campaign=daily-global-01-09-2021&utm_source=email) 2. Analyst Take Is Chainlink The Next Big Opportunity In Crypto? What’s Going On Here? [Decentralized finance]( – or DeFi – has a potentially unlimited number of uses, and demand for products in the space is [skyrocketing](. But one of those products could be more essential than the rest for its future growth: [Chainlink](. Chainlink is a [decentralized oracle network](, meaning it allows smart contracts on the blockchain to interact with “off-chain” data – interest rates, say. And it’s not just any decentralized oracle network: Chainlink is already used in [AAVE]( and plenty of other high-profile DeFi projects, and it’s built partnerships with the likes of [Google, SWIFT, and Binance](. So that’s today’s Insight: [why Chainlink might be the next big crypto play](, and how to invest if you think it is. [Read or listen to the Insight here]( SPONSORED BY THE MOTLEY FOOL Motley Fool’s “all in” buy signal It’s not often you’ll hear a [Motley Fool Stock Advisor]( “all in” buy signal. But every so often, its team comes across [a stock so good]( they think it’s worth doubling down on. Now happens to be one of those times. Because there’s [a tiny internet company]( showing this buy signal that sits in the middle of the advertising market – a market that’s [10 times bigger]( than the online streaming industry. And its CEO is putting his money where his mouth is: he’s bought over $2.3 billion of stock. That’s his entire fortune, bet on what he’s calling [cable TV’s “ticking time bomb”](. Head over to Motley Fool, and find out [which stock its team is so excited about](. [Get The Stock]( When you support our sponsors, you support us. Thanks for that. Ign-EU-rance Is Bliss [Ign-EU-rance Is Bliss] What’s Going On Here? Fresh data out on Tuesday showed eurozone inflation hit its highest in a decade in August, but the European Central Bank (ECB) maintains there’s absolutely nothing to see here. What Does This Mean? The prices of goods and services in Europe’s 19 euro-spending countries [climbed]( by a higher-than-expected 3% last month compared to a year before. That was the biggest jump since 2011, and a notable bump from the 2.2% of the month before. The usual suspects were to blame: [rising]( energy prices and a strong rebounding economy that’s increasing demand for just about everything, all while suppliers [struggle]( to keep up. Throw in a boost in demand in Germany following a temporary [tax cut]( in the second half of last year, and it’s no surprise prices are ticking up so fast. Why Should I Care? The bigger picture: Get with the times, ECB. This is the second time inflation has overshot the ECB’s [new]( target of 2% this year, but you wouldn’t know it: the central bank is still insisting that a spike in prices is a temporary consequence of the pandemic, and it’s sticking to its current policies of ultra-low interest rates and substantial monthly bond purchases. That, even as the US Federal Reserve [hinted]( last week that it’ll be tapering its bond-buying program before the end of the year. For markets: Are you sitting comfortably? If the ECB does start slowing down its bond-buying program earlier than expected, it’ll remove a major source of demand for European bonds, driving down their prices and pushing up their yields. It could have a knock-on effect on the stock market too, with investors tempted to rotate out of stocks and into bonds with now-more-attractive returns. And considering an index of major European stocks has just posted its longest winning streak since 2013, there could be a long way to tumble if they do… You might also like: [Five ways to protect your portfolio against rising inflation.]( Copy to share story: [( 🙋 [Ask a question](mailto:questions@finimize.com?body=Ask us a question: Where are you writing from? Let us know and we'll mention it when we reply.&noapp=true&subject=Ign-EU-rance Is Bliss&utm_campaign=daily-global-01-09-2021&utm_source=email) 💬 Quote of the day “Be wise with speed. A fool at forty is a fool indeed.” – Edward Young (an English poet, critic, philosopher, and theologian) [Tweet this]( SPONSORED BY MINTED An oldy but a goody [Gold]( is a classic investment, and it’s a classic for very good reason. This [“safe haven” investment]( has protected investors’ money from stock market crashes time after time. And given how high stocks are right now, it could be about to do it again. But with the [Minted app](, you can buy, sell, and save physical gold with a tap. Just make a [one-off purchase]( using your credit card, debit card, or other ewallet options, or [set up a savings plan]( from just £30 a month. And once you’ve saved enough for a gold bar, you’ll be able to withdraw or sell your physical gold. Simple as that. It only takes a couple minutes to set up an account: [get started here](. [Get Minted]( When you support our sponsors, you support us. Thanks for that. 🎯 On Our Radar - Only the best for your money. Albert has all your mobile banking needs covered — including [advice from real finance experts](.* - The price of healthcare in America: revealed. If you read one thing today, [read this](. - ​​Is your name ruining your life? Names can easily [close doors](. - Summer 2021 didn’t work out. What a [hot vax disappointment](. - Brush all you want. There’s no [escaping cavities](. When you support our sponsors, you support us. Thanks for that. ❤️ Share with a friend Your Referrals: 0 Thanks for reading {NAME}. If you liked today's brief, we'd love for you to share it with a friend. If they sign up on your unique link, you’ll earn some sweet swag. Share your unique link: [ You stay classy, {NAME} 😉 We’d love to hear your thoughts. [Give feedback]( Want to advertise with us too? [Get in touch]( Image Credits: Image credits: 9091086 - Shutterstock | Yuriy Golub - Shutterstock Preferences: [Update your email]( or [change preferences]( [View in browser]( [Unsubscribe]( from all Finimize Emails 😴 Crafted by Finimize Ltd. | Third Floor, 1 New Fetter Lane, London, EC4A 1AN, UK. 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