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Zoom shares surge 11% after earnings beat and upgraded outlook

Zoom shares surge 11% after earnings beat and upgraded outlook

Shares of Zoom Communications (NASDAQ: ZM) surged more than 11% Friday after the video conferencing software provider reported better-than-expected second-quarter results and raised its full-year outlook. The upbeat earnings, fueled by continued enterprise growth and advances in artificial intelligence, offered some relief for a stock that remains down year-to-date. The stock surged 11.32% to intraday [...]

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