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Market Impact: 0.4
Zoom forecasts quarterly profit below estimates
Source: reuters.com
Corporate EarningsAnalyst InsightsTechnology & InnovationCompany Fundamentals
Zoom forecast third-quarter profit below Wall Street expectations, indicating competition is squeezing margins even as it ramps up AI features. The profit outlook miss is likely to pressure sentiment around near-term fundamentals, with investors weighing AI investment benefits against ongoing pricing/usage pressure.
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