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Zoom Tops Estimates, Raises Full-Year Forecast

Zoom Video Communications reported its earnings for the first quarter of 2024 on Monday and topped the estimates of Wall Street analysts. The communications company has also raised its full-year forecast based on increased demand for its products. Zoom reported revenue of $1.14 billion, marking...

Zoom Fires President Greg Tomb in a Surprising Move, Causes Concerns Among Investors

Videotelephony giant Zoom made a surprising move on Friday by firing its President Greg Tomb. The move caused concerns among investors and continued this week’s negative trend for the company’s stock. Tomb, a high-profile former executive for Google, took the position in June and was...