Zoom taps Oracle for cloud deal, passing over Amazon, Microsoft [CNBC]
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: CNBC
Key PointsEric Yuan, founder and chief executive officer of Zoom Video Communications Inc., speaks during the BoxWorks 2019 Conference at the Moscone Center in San Francisco, California, U.S., on Thursday, Oct. 3, 2019.Bloomberg"We recently experienced the most significant growth our business has ever seen, requiring massive increases in our service capacity. We explored multiple platforms, and Oracle Cloud Infrastructure was instrumental in helping us quickly scale our capacity and meet the needs of our new users," Zoom CEO Eric Yuan said in apress releaseOracle said in a release that Zoom chose its service for Oracle's "advantages in performance, scalability, reliability and superior cloud security." It's a surprising move from Zoom, as it chose Oracle over its larger competitors. According toresearch firm CanalysOracle stock was little changed following the announcement.Zoom's massive growth has also raised security questions around the service.After several security snafusSubscrib
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High impacting Zoom Video Communications, Inc. - Class A news events
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ZM
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
- "The Next Verse" Global Music Movement Invites the World to Add Their Voice and Help End HungerPR Newswire
- 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