#Zoom video jumps to record with market cap now above $50 billion
![]() 2690 Monday, 01 June, 2020, 21:45 Zoom Video Communications Inc. soared to a record on Friday with a rally in the last hour of trading helping the company close with a market value above $50 billion for the first time.The maker of video conferencing software rose 9.7% to $179.48, giving it a market value of $50.6 billion, bigger than tractor maker Deere & Co. and pharmaceutical company Biogen Inc. While there was no clear reason for the steep rise, technology stocks were the best performing group in the S&P 500 Index, and investors may be positioning ahead of Zoom’s earnings report expected on Tuesday. |

Pakistan receives first-ever shipment of US crude oil following trade deal
14418:36
Trump on Additional Sanctions Against Russia by US: You Will Find Out
58327.10.2025, 13:16
Trump claims US tariffs made nations leave bloc
160815.10.2025, 10:42
European Commission slaps three major fashion brands with €157 million fine
140514.10.2025, 23:33
Russia, Azerbaijan and Iran to establish joint working group on road transport
137514.10.2025, 13:23
China's September exports to Russia show steepest decline in seven months
123613.10.2025, 23:17
China’s Tibetan Mega-Dam Is Veiled in Secrecy
95212.10.2025, 17:36
Trump threatens 'massive' China tariffs as Beijing restricts rare-earth exports
87710.10.2025, 20:46
