#Zoom video jumps to record with market cap now above $50 billion
![]() 2684 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. |
Trump claims US tariffs made nations leave bloc
58715.10.2025, 10:42European Commission slaps three major fashion brands with €157 million fine
63814.10.2025, 23:33Russia, Azerbaijan and Iran to establish joint working group on road transport
65014.10.2025, 13:23China's September exports to Russia show steepest decline in seven months
61913.10.2025, 23:17China’s Tibetan Mega-Dam Is Veiled in Secrecy
58112.10.2025, 17:36Trump threatens 'massive' China tariffs as Beijing restricts rare-earth exports
55410.10.2025, 20:46Thousands march in Athens against labor law changes, disrupt services nationwide
85201.10.2025, 19:18Lufthansa airline group to shed 4,000 jobs by 2030, sees stronger profits ahead
84729.09.2025, 18:46