Zoom picks Oracle as cloud-infrastructure partner [MarketWatch]
Zoom Video Communications, Inc. - Class A (ZM)
Last zoom video communications, inc. - class a earnings: 3/4 04:20 pm
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Source: MarketWatch
Zoom Video Communications Inc. announced Tuesday that it has chosen Oracle Corp. as its cloud-infrastructure partner. Zoom shares are off 3.2% in Tuesday trading while Oracle shares are up 0.8%. Zoom Chief Executive Eric Yuan said in a press release that the video-conferencing company "recently experienced the most significant growth our business has ever seen, requiring massive increases in our service capacity" and that it chose Oracle "for its advantages in performance, scalability, reliability and superior cloud security." Zoom recently disclosed that it had 300 million daily meeting participants and its shares are up 134% so far this year as the S&P 500 has lost 10%.
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News
- Zoom Communications (NASDAQ:ZM) was upgraded by analysts at <a style="font-weight:bold" href="https://weissratings.com/">Weiss Ratings</a> from a "hold (c+)" rating to a "buy (b-)" rating.MarketBeat
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- Zoom Communications (NASDAQ:ZM) had its "hold (c+)" rating reaffirmed by analysts at <a style="font-weight:bold" href="https://weissratings.com/">Weiss Ratings</a>.MarketBeat
- Zoom Communications (NASDAQ:ZM) had its price target raised by analysts at JPMorgan Chase & Co. from $85.00 to $90.00. They now have a "neutral" rating on the stock.MarketBeat
- Zoom Communications (NASDAQ:ZM) had its "outperform" rating reaffirmed by analysts at Royal Bank Of Canada. They now have a $100.00 price target on the stock.MarketBeat
ZM
Earnings
- 11/24/25 - Beat
ZM
Sec Filings
- 12/4/25 - Form 4
- 11/25/25 - Form 10-Q
- 11/24/25 - Form 8-K
- ZM's page on the SEC website