Royal Bank of Canada has reiterated its confidence in Zoom Communications by reaffirming an “outperform” rating and setting a $100.00 price objective. This positive assessment highlights Zoom’s continued potential in the eyes of analysts, with other research reports also signaling optimism for the tech company.

In a bold move, President Vladimir Putin has called for the “strangling” of U.S. tech firms like Microsoft and Zoom operating in Russia. Addressing frustrations over American companies’ continued presence despite announced exits, Putin urges the development of domestic alternatives to counteract Western economic pressures.