What Happened?

A number of stocks jumped in the afternoon session after reports of easing geopolitical tensions in Greenland boosted investor sentiment. 

The relief rally saw major indices, including the S&P 500 and the tech-heavy Nasdaq Composite, rebound as investors moved back into riskier assets. This positive shift was reflected across the technology landscape, with all of the Magnificent Seven tech firms seeing their shares climb. The easing of international friction reduced market uncertainty, which often encourages investment in growth-oriented sectors like technology. The move was part of a broader market upswing, with the Dow Jones Industrial Average adding 500 points, signaling increased investor confidence.

The stock market overreacts to news, and big price drops can present good opportunities to buy high-quality stocks.

Among others, the following stocks were impacted:

• Content Delivery company Fastly (NYSE: FSLY) jumped 4%. Is now the time to buy Fastly? Access our full analysis report here, it’s free.
• Communications Platform company Twilio (NYSE: TWLO) jumped 4%. Is now the time to buy Twilio? Access our full analysis report here, it’s free.
• Video Conferencing company Zoom (NASDAQ: ZM) jumped 4.5%. Is now the time to buy Zoom? Access our full analysis report here, it’s free.
• Cloud Monitoring company PagerDuty (NYSE: PD) jumped 4%. Is now the time to buy PagerDuty? Access our full analysis report here, it’s free.
• Vulnerability Management company Rapid7 (NASDAQ: RPD) jumped 4%. Is now the time to buy Rapid7? Access our full analysis report here, it’s free.

Zooming In On Zoom (ZM)

Zoom’s shares are not very volatile and have only had 6 moves greater than 5% over the last year. In that context, today’s move indicates the market considers this news meaningful, although it might not be something that would fundamentally change its perception of the business.

The biggest move we wrote about over the last year was about 2 months ago when the stock gained 13.5% on the news that the company reported better-than-expected third-quarter results and raised its full-year profit outlook. For its third quarter, Zoom posted revenue of $1.23 billion, surpassing the consensus estimate of $1.21 billion and representing a 4.4% increase year-over-year. The company's adjusted earnings per share came in at $1.52, also beating analyst forecasts of $1.44. Building on this strong performance, Zoom lifted its full-year adjusted earnings per share guidance to a new midpoint of $5.96. The combination of exceeding current expectations and signaling higher future profitability resonated strongly with investors, driving the stock higher.

Zoom is up 1.6% since the beginning of the year, and at $84.69 per share, it is trading close to its 52-week high of $90.24 from December 2025. Investors who bought $1,000 worth of Zoom’s shares 5 years ago would now be looking at an investment worth $220.89.

While Wall Street chases Nvidia at all-time highs, an under-the-radar semiconductor supplier is dominating a critical AI component these giants can’t build without. Click here to access our full research report, it’s free.