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Zoom Jumps on Sales Forecast Topping Estimates

Shares of Zoom jumped after the company raised its full-year forecast for both adjusted earnings and revenue, prompting an upgrade at KeyBanc and higher price targets at both RBC and Baird. Zoom CFO Michelle Chang joins Ed Ludlow on “Bloomberg Tech.” ——– Like this video? Subscribe to Bloomberg Technology on YouTube:   Watch the latest…

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Shares of Zoom jumped after the company raised its full-year forecast for both adjusted earnings and revenue, prompting an upgrade at KeyBanc and higher price targets at both RBC and Baird. Zoom CFO Michelle Chang joins Ed Ludlow on “Bloomberg Tech.”
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10 Comments

10 Comments

  1. @JumpstarOfficial

    May 22, 2026 at 2:48 pm

    Word salad. I’m so done with this corporate speak. It’s just a camera app.

    • @fendermon

      May 24, 2026 at 6:58 am

      The earnings suggest otherwise. I hear you on the word salad though. I have no idea what she is talking about. When Eric talks it’s even worse.

    • @JumpstarOfficial

      May 24, 2026 at 7:13 am

      ​@fendermon Right, COVID was very kind to them and they managed to get people hooked on long term contracts, especially businesses. Those contracts are viral, sticky, and hard to unwind, like Adobe contracts, and they have been living off them ever since. And right, I couldn’t understand what the heck she was saying either. Absolutely bonkers interview haha. Gen Z and Alpha don’t even want to be on camera, so it will be interesting to see how it plays out. Have a good Sunday mate.

    • @fendermon

      May 24, 2026 at 7:26 am

      @JumpstarOfficial I’m not sure what to make of it. How do you know the contracts are long term or sticky? It should be interesting to see what happens. Have a good day too 🙂

  2. @118Columbus

    May 23, 2026 at 11:54 am

    This guy Ed is really snnoying

  3. @118Columbus

    May 23, 2026 at 11:54 am

    CFO 👩‍💼 WFH 👩‍💻 LOL 😂

  4. @118Columbus

    May 23, 2026 at 11:55 am

    This is a sincere question . . . 🙋‍♀️ Why you Chang?

    • @fendermon

      May 24, 2026 at 6:58 am

      Try to focus.

  5. @118Columbus

    May 23, 2026 at 11:55 am

    Chief Female Officer not very convincing

  6. @fendermon

    May 24, 2026 at 6:55 am

    Share count doesn’t seem to drop much considering how much cash is being expended.

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Bloomberg Technology

Has the AI Rally Gone Too Far, Too Fast?

Fiona Yang, Invesco Fund Manager for Asia ex-Japan Equities, says the AI trade isn’t over but parts of the market have become stretched. She discussed the market dynamics around the tech trade with Bloomberg’s Haslinda Amin and Avril Hong on Insight. ——– Like this video? Subscribe to Bloomberg Technology on YouTube:   Watch the latest…

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Fiona Yang, Invesco Fund Manager for Asia ex-Japan Equities, says the AI trade isn’t over but parts of the market have become stretched. She discussed the market dynamics around the tech trade with Bloomberg’s Haslinda Amin and Avril Hong on Insight.
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Bloomberg Technology

Microsoft’s Xbox to Cut 3,200 Jobs, Divest Studios in Overhaul

Microsoft Corp.’s Xbox plans to eliminate 3,200 jobs, or around 20% of its staff over the next year, as part of a massive reorganization to spur growth in the struggling gaming division. Xbox will also divest four of its video-game development studios and is beginning the process to part ways with a fifth. “Our business today is not…

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Microsoft Corp.’s Xbox plans to eliminate 3,200 jobs, or around 20% of its staff over the next year, as part of a massive reorganization to spur growth in the struggling gaming division. Xbox will also divest four of its video-game development studios and is beginning the process to part ways with a fifth.
“Our business today is not healthy,” Chief Executive Officer Asha Sharma wrote in a note to staff Monday morning, adding that Xbox is operating at margins three to 10 times lower than comparable businesses. “We must reset Xbox.”
Brody Ford, Bloomberg Technology Reporter, joined Bloomberg’s Paul Sweeney and Scarlet Fu to talk about Microsoft’s XBox layoffs.
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Chip Stocks Tumble on AI Anxiety as Oil Climbs

A selloff in chipmakers dragged down stocks on concerns over whether massive artificial-intelligence investments will justify lofty valuations. Julian Emanuel, Chief Equity & Quantitative Strategist at Evercore ISI, discusses his S&P 500 call amid recent volatility. ——– Like this video? Subscribe to Bloomberg Technology on YouTube:   Watch the latest full episodes of “Bloomberg Technology” with Caroline Hyde and…

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A selloff in chipmakers dragged down stocks on concerns over whether massive artificial-intelligence investments will justify lofty valuations.
Julian Emanuel, Chief Equity & Quantitative Strategist at Evercore ISI, discusses his S&P 500 call amid recent volatility.
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