Five9 Inc: Record Q1 Results, Raises Full-Year Guidance
The technology sector has been taking a beating since the start of May as the threat of a prolonged trade war and between the U.S. and China, the world's two largest economies, rattles the market. More specifically, a tech cold war between the two superpowers has already begun, taking the wind out of Silicon Valley.
There are some U.S. tech stocks, though, that will avoid the tech cold war. And Five9 Inc (NASDAQ:FIVN) is one of them.
Despite the exodus from tech stock, FIVN stock is up 50% over the last year and 17.2% year-to-date. The business has also reported record first-quarter revenue growth.
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The technology sector has been taking a beating since the start of May as the threat of a prolonged trade war and between the U.S. and China, the world's two largest economies, rattles the market. More specifically, a tech cold war between the two superpowers has already begun, taking the wind out of Silicon Valley.
There are some U.S. tech stocks, though, that will avoid the tech cold war. And Five9 Inc (NASDAQ:FIVN) is one of them.
Despite the exodus from tech stock, FIVN stock is up 50% over the last year and 17.2% year-to-date. The business has also reported record first-quarter revenue growth.
Den vollständigen Artikel lesen ...