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0.000187911055433768 -0.000187911055433768 -0.00651424992170368 -0.0087691825869089 0.00313185092389602 0.00269339179455062 0.00131537738803638 0.000970873786407774
Stock impact report

Oracle Views Clear Benefits From Cloud Deal With Zoom [TheStreet.com]

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: TheStreet.com
Oracle's(ORCLGet ReportZMThe Redwood City, Calif., tech company plans to deploy Oracle Cloud Infrastructure to help Zoom Video deal with an epic surge of interest in its videoconferencing services.The coronavirus has forced businesses across the country to work remotely. And many average consumers have taken to the Zoom Video platform.The deal comes as Zoom grapples with capacity issues, with 300 million daily meeting participants, up from 10 million in December.Zoom has also struggled with security and privacy issues: so-called Zoombombing, in which meetings on its platform have been interrupted by hackers and pranksters.On Tuesday Zoom's stock fell 4.3% to $157.62 as the San Jose, Calif., videoconferencing company scrambles to boost confidence in its services.The company previously had launched a 90-day plan to strengthen the security and durability of its videoconferencing platform."We recently experienced the most significant growth our business has ever seen," Zoom Video Chief Ex Show less Read more
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