Why Zoom Stock Zoomed More Than 11% Higher on Monday
2026-01-26 19:04:40 ET
Although stocks of companies linked to artificial intelligence (AI) have been something of a see-saw these past few months, investors are still clearly excited about the technology.
On Monday, an analyst noted that Zoom Video Communications (NASDAQ: ZM) could benefit materially from a recent AI investment. That was enough to ignite a rally in the teleconferencing company's stock, and it closed the day more than 11% higher.
In May 2023, Zoom disclosed that it had invested in and launched a strategic partnership with Anthropic, the privately held company best known for its Claude AI platform. At the time, Zoom did not provide any financial details of the arrangement.
NASDAQ: ZM
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