Buy ZM by Nov 19, 2026.

I looked into Zoom, as the earnings are coming next week. A few things to note: 1. Its stake in Anthropic was valued at $1.3b in Q1, will increase to \~$3b in Q2 (based on the last funding round), but based on the IPO (assuming $1.7T), it should be closer to $6b. Both in Q2 and in Q3, there will be huge gains coming from their Anthropic stake. 2. Its market cap is $31.5b, and 45% of it has nothing …