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Rani Molla

Zoom jumps after beating expectations and raising its full-year guidance

Zoom jumped more than 9% in early trading after reporting revenue and earnings that beat analyst expectations and raising its full-year guidance.

The video communications company posted adjusted earnings per share of $1.53 and revenue of $1.22 billion in the second quarter, compared with analysts’ estimates for earnings of $1.38 a share and $1.2 billion of revenue.

Zoom also boosted its full-year forecast, saying it expects revenue in constant currency between $4.82 billion and $4.83 billion and adjusted earnings of $5.81 to $5.84 a share. The company had previously forecast revenue between $4.81 billion and $4.82 billion and EPS ranging from $5.56 to $5.59.

The company said its use of AI helped it have a strong second quarter.

“AI is transforming the way we work together, and Zoom is at the forefront, driving innovation that helps people get more done, reduce costs, and deliver better experiences for customers and employees alike,” Zoom founder and CEO Eric S. Yuan said.

The results pleased investors and analysts alike, including Wedbush Securities’ Dan Ives, who wrote: “This was another solid quarter by ZM as the company’s new GTM strategy gains further traction while improving its product portfolio with AI front and center to capitalize on the growth opportunities across the enterprise landscape while the online business continues to stabilize.”

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Apple cuts sales jobs in rare layoff

Apple is cutting “dozens” of roles from its sales team in a rare layoff, according to a report from Bloomberg. The reductions are aimed at streamlining the company’s sales to businesses, schools, and government accounts, per the report.

Apple rarely turns to layoffs, compared to its tech peers, making the reduction noteworthy.

An Apple spokesperson told Bloomberg: “To connect with even more customers, we are making some changes in our sales team that affect a small number of roles,” and that the employees will be able to apply for new roles in the company.

An Apple spokesperson told Bloomberg: “To connect with even more customers, we are making some changes in our sales team that affect a small number of roles,” and that the employees will be able to apply for new roles in the company.

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Anthropic releases Claude Opus 4.5 as AI war heats up

The past few weeks have seen new, impressive AI models debut from OpenAI and Google. Today it’s Anthropic’s turn to flex, as it releases Claude Opus 4.5, the latest iteration of its flagship AI model.

Anthropic’s Claude model is widely considered to be among the best at coding, and this model helps the company stay at the head of the pack.

Benchmarks released by Anthropic show Opus 4.5 besting both GPT-5.1 and Gemini 3 with an all-time high score of 80% and the widely used SWE-bench coding benchmark. It also posted high scores for benchmarks measuring computer use and the notoriously challenging ARC-AGI-2 visual problem-solving test, though apparently it can’t run a vending machine as profitably as Google’s Gemini 3 can.

AI coding is one of the few bright spots as companies seek profitable enterprise applications for AI that actually improve productivity. Anthropic’s success with enterprise customers has helped push its valuation to nearly $350 billion.

Benchmarks released by Anthropic show Opus 4.5 besting both GPT-5.1 and Gemini 3 with an all-time high score of 80% and the widely used SWE-bench coding benchmark. It also posted high scores for benchmarks measuring computer use and the notoriously challenging ARC-AGI-2 visual problem-solving test, though apparently it can’t run a vending machine as profitably as Google’s Gemini 3 can.

AI coding is one of the few bright spots as companies seek profitable enterprise applications for AI that actually improve productivity. Anthropic’s success with enterprise customers has helped push its valuation to nearly $350 billion.

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Amazon plans to invest up to $50 billion for “AI and supercomputing infrastructure” for the US government

Amazon said it will invest up to $50 billion to build out its AI computing infrastructure for the US government.

Based on the company’s AWS cloud platform, Amazon will help build up to 1.3 gigawatts of dedicated AI high-performance computing infrastructure, according to a press release announcing the plans.

The project, which will including building new data centers, is set to break ground in 2026.

Amazon AWS CEO Matt Garman said:

“We’re giving agencies expanded access to advanced AI capabilities that will enable them to accelerate critical missions from cybersecurity to drug discovery. This investment removes the technology barriers that have held government back and further positions America to lead in the AI era.

The new computing capacity will be available to agencies through use of AWS government products AWS Top Secret, AWS Secret, and GovCloud Regions.

The project, which will including building new data centers, is set to break ground in 2026.

Amazon AWS CEO Matt Garman said:

“We’re giving agencies expanded access to advanced AI capabilities that will enable them to accelerate critical missions from cybersecurity to drug discovery. This investment removes the technology barriers that have held government back and further positions America to lead in the AI era.

The new computing capacity will be available to agencies through use of AWS government products AWS Top Secret, AWS Secret, and GovCloud Regions.

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Amazon now has 900 data centers spread across 50 countries, report says

The exact size and shape of Amazon’s AWS global network of data centers has always been a closely guarded secret. A new report from Bloomberg and SourceMaterial sheds some light on AWS’s global reach.

Based on internal documents seen by Bloomberg, Amazon’s cloud operations include more than 900 data centers spread across 50 countries.

Amazon owns the majority of its data centers, but contracts with at least 180 different colocation entities, according to the report.

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