Zoom sales have more than doubled after a "very strong" start to the year as the Covid-19 pandemic continued. The video calls platform has had a boom in users during the crisis as many employees ...
Many software companies are shifting to AI agents. Also, Zoom Video holds $7.5 billion in cash on its balance sheet. Meanwhile, Zoom Video sales growth slowed as the in the post-coronavirus era.
Zoom Communications (ZM) has been one of the most searched-for stocks on Zacks.com lately. So, you might want to look at some of the facts that could shape the stock's performance in the near term.
The layoffs are not companywide and Zoom plans to continue to hire for roles in artificial intelligence, sales, product and ... inside its Google Assistant software business.