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Investors have recently shown a deeper curiosity about the potential of artificial intelligence (AI). Fortunately for investors, AI will probably also help draw interest to other tech stocks. Two AI stocks that might warrant more attention are Twilio (NYSE: TWLO) and Zoom Video Communications (NASDAQ: ZM).
Zoom Video Communications (NASDAQ: ZM) is a stock that took a pounding over the past year, falling 40% in value. Zoom's earnings for the period ending April 30 were $1.16 per share on an adjusted basis, coming in well above Wall Street estimates of $0.99. The company's operating profit was just $9.7 million -- down a staggering 95% from $187.1 million in the prior-year period.
Spending more time together virtually may have had a lasting impact on how we communicate face-to-face and how we connect with people we work with.
Finding stocks expected to beat quarterly earnings estimates becomes an easier task with our Zacks Earnings ESP.
The pandemic boom might be over for Zoom, but that doesn't mean investors should ignore the stock.
PIMCO market strategist and portfolio manager Tony Crescenzi joins Yahoo Finance Live to discuss the future of AI, generative AI in the bond market, and yield markets.
Zoom Video Communications (NASDAQ: ZM) posted its latest earnings report on May 22. For the first quarter of fiscal 2024 (ended on April 30), the cloud-based video conferencing company's revenue grew 3% year over year to $1.11 billion and exceeded analysts' estimates by $30 million. Zoom's growth rates seem stable, but its stock only rose slightly after the report and the price remains nearly 90% below its all-time high.
Zoom Video Communications ( NASDAQ:ZM ) First Quarter 2024 Results Key Financial Results Revenue: US$1.11b (up 2.9...
The Yahoo Finance Live show discusses the announcement of Apple's multibillion-dollar deal with Broadcom, as a commitment to reduce its alliance with China and invest in American manufacturing, the decline of Zoom stock despite topping Q1 estimates, and Yelp shares closing higher as activist investor calls for the company's sale.
Q1 2024 Zoom Video Communications Inc Earnings Call
Zoom CFO Kelly Steckelberg joins Yahoo Finance Live to discuss earnings, outlook, and how the company plans to monetize AI.
(Bloomberg) -- Zoom Video Communications Inc. shares slid after the company reported that a plan to grow sales with enterprise customers may not proceed as quickly as expected.Most Read from BloombergBiden, McCarthy Forge Debt Deal in Bid to Avert US DefaultTraders Ready to Embrace Riskier Assets After Debt-Cap DealKey Takeaways From Biden-McCarthy Deal to Avert US DefaultManchin Gets Mountain Valley Pipeline Deal Into Debt BillWorld’s Most Valuable Chipmaker Nvidia Unveils More AI Products Afte
Yahoo Finance Live breaks down some of today's top developing headlines, including earnings from Lowe's and Zoom, and the ongoing debt limit talks between President Biden and lawmakers.
Michael Burry predicted the subprime mortgage crisis that preceded one of the worst market crashes in history, and he recently took a large position in this growth stock.
(Reuters) -Anthropic, an artificial intelligence startup competing with OpenAI in building AI foundation models, said on Tuesday it had raised $450 million from investors including Alphabet Inc's Google and Spark Capital. The latest round brings Anthropic's total funding to nearly $1 billion, making it one of the most well-funded AI startups. Foundation models are the next wave in AI, trained on a vast quantity of data that can be used for different tasks with minimal fine-tuning, instead of being task-specific.
Anthropic, an artificial intelligence startup backed by Google parent Alphabet Inc, said on Tuesday it had raised $450 million, in the latest sign of a recovery in the startup funding space. Interest in artificial intelligence has piqued after Anthropic's rival OpenAI launched ChatGPT last year but the regulators are concerned about the potential use of the technology to spread misinformation. The latest round of funding was led by Spark Capital with participation from Google, Salesforce Ventures, Sound Ventures, Zoom Ventures, among others, Anthropic said in a statement.
Zoom's (ZM) first-quarter fiscal 2024 results reflect a year-over-year increase in both earnings and revenues.
Well, hello, everyone, and welcome to Zoom's Q1 FY '24 earnings release webinar. As a reminder, today's webinar is being recorded, and now I will hand things over to Tom McCallum, head of investor relations. Thank you, Kelcey.
The Dow Jones Industrial Average (DJINDICES: ^DJI) lost ground on the day, but gains in the Nasdaq Composite (NASDAQINDEX: ^IXIC) left the S&P 500 (SNPINDEX: ^GSPC) little changed by day's end. After the closing bell, Zoom Video Communications (NASDAQ: ZM) and PetMed Express (NASDAQ: PETS) reported their latest financial results. Zoom's numbers were better than many had expected, while PetMed faced some challenges that kept its stock price down.
Yahoo Finance Live's Seana Smith takes a look at shares of Zoom in the after-hour trading session.
First quarter total revenue of $1,105.4 million, up 3% year over year as reported and 5% in constant currencyFirst quarter Enterprise revenue of $632.0 million, up 13% year over yearFirst quarter GAAP operating margin of 0.9% and non-GAAP operating margin of 38.2%Number of customers contributing more than $100,000 in trailing 12 months revenue up 23% year over year SAN JOSE, Calif., May 22, 2023 (GLOBE NEWSWIRE) -- Zoom Video Communications, Inc. (NASDAQ: ZM), today announced financial results f
Investing.com - U.S stock futures were trading slightly higher during Monday's evening deals, following a mixed session among major benchmark averages as market participants monitored debt ceiling negotiations between President Joe Biden and House Speaker Kevin McCarthy.
The lion's share of market data comes toward the end of the week (the "deep end"): PCE and Durable Goods on Friday; Jobless Claims, Q1 GDP revision and Pending Home Sales Thursday.
CapWealth CIO Tim Pagliara joins Yahoo Finance Live to discuss his top stock picks, Berkshire Hathaway stock, and what stocks to avoid.