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-0.00323422826637565 -0.00245489615399598 -0.00401356037875533 0.000303939523828063 0.00689708919456025 -0.0211588668511086 -0.0281728558625258 -0.0297315200872851
Stock impact report

Zacks Industry Outlook Highlights Weave Communications and Ribbon Communications [Yahoo! Finance]

Weave Communications, Inc. (WEAV) 
Company Research Source: Yahoo! Finance
Chicago, IL – October 1, 2024 – Today, Zacks Equity Research discusses Weave Communications WEAV and Ribbon Communications RBBN. Industry: Network Software Link: https://www.zacks.com/commentary/2343492/2-network-software-stocks-to-watch-from-a-challenging-industry The Zacks Communication-Network Software industry players are suffering from challenging macroeconomic conditions and steep inflation. Small and medium businesses have deferred capital spending on infrastructure buildout due to higher interest rates and inflation, which does not bode well for industry players. Nevertheless, industry players like Weave Communications and Ribbon Communications are gaining from the ongoing digitalization efforts that include a shift to cloud computing and the rapid deployment of 5G-based networks. The strong demand for network security benefits industry participants as a secure environment is required to run cloud-based applications. Industry players are leveraging AI and machine lear Show less Read more
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