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0 0.000610997963340145 -0.00101832993890015 -0.00101832993890015 0.00449898167006111 0.00336048879837065 0.00336048879837065 0.00336048879837065
Stock impact report

Why Zoom Stock Zoomed More Than 11% Higher on Monday [Yahoo! Finance]

Zoom Video Communications, Inc. - Class A (ZM) 
Last zoom video communications, inc. - class a earnings: 3/4 04:20 pm Check Earnings Report
Company Research Source: Yahoo! Finance
10 stocks we like better than Zoom Communications › Although stocks of companies linked to artificial intelligence (AI) have been something of a see-saw these past few months, investors are still clearly excited about the technology. On Monday, an analyst noted that Zoom Video Communications (NASDAQ: ZM) could benefit materially from a recent AI investment. That was enough to ignite a rally in the teleconferencing company's stock, and it closed the day more than 11% higher. In May 2023, Zoom disclosed that it had invested in and launched a strategic partnership with Anthropic, the privately held company best known for its Claude AI platform. At the time, Zoom did not provide any financial details of the arrangement. On Monday, Baird analyst William Power wrote a new research note on Zoom. According to reports, he wrote that by his estimation, the company invested $51 million in Anthropic in the deal. Placing that within the $350 billion valuation rumored for Anthropic, Zoom's Show less Read more
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