Emily talks with Sumit Singh, CEO of Chewy, about the pet products industry, when it's OK to lose money on customer acquisition, and why his company is expanding into pet healthcare. To catch full episodes of all The Motley Fool's free podcasts, check out our podcast center.
Zoom Video Communications (NASDAQ: ZM) stock has already been struggling with households and businesses making a return to in-person activities, but economic uncertainty is creating even more issues headed into 2023. Zoom shares are now down nearly 60% in 2022 after the last earnings update, even as the business itself continues to (slowly) expand. Zoom's customers are clearly being impacted by macroeconomic factors, which is trickling down into key performance metrics for the company itself.
In 2022, these once seemingly unstoppable investments have plunged into the red, undoubtedly impacting many portfolios.