15 AI News Updates Wall Street Is Monitoring

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13. Zoom Video Communications, Inc. (NASDAQ:ZM)

Number of Hedge Fund Holders: 39

Zoom Video Communications, Inc. (NASDAQ:ZM) provides a unified communications platform in the Americas, the Asia Pacific, Europe, the Middle East, and Africa. On November 26, Benchmark raised the price target on the stock to $97 from $85 and kept a Buy rating on the shares. Even as it remains synonymous with video conferencing, Zoom announced it is dropping Video from its company name as it emphasizes AI in a Zoom 2.0 approach and emerges increasingly as a comprehensive collaboration platform, the advisory told investors.

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