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Zoom Stock Soars as Firm Tops Estimates, Raises Outlook on AI Boom

Zoom Stock Soars as Firm Tops Estimates, Raises Outlook on AI Boom

Key Takeaways Zoom Communications reported second-quarter results that topped estimates as the video conferencing software provider rode the artificial intelligence wave. The company increased the number of customers spending more than $100,000 on Zoom. Zoom raised its full-year profit and sales forecasts. Shares of Zoom Communications (ZM) zoomed more than 8% higher Friday, a day

Zoom Stock Soars as Firm Tops Estimates, Raises Outlook on AI Boom Read More »

Zoom Stock Soars as Firm Tops Estimates, Raises Outlook on AI Boom

Zoom Stock Soars as Firm Tops Estimates, Raises Outlook on AI Boom

Key Takeaways Zoom Communications reported second-quarter results that topped estimates as the video conferencing software provider rode the artificial intelligence wave. The company increased the number of customers spending more than $100,000 on Zoom. Zoom raised its full-year profit and sales forecasts. Shares of Zoom Communications (ZM) zoomed more than 8% higher Friday, a day

Zoom Stock Soars as Firm Tops Estimates, Raises Outlook on AI Boom Read More »