Demand for Microsoft, Google, and Zoom's Video Conferencing Software Surges Amid the Coronavirus Outbreak
With millions of people working from home or quarantined amid the COVID-19 coronavirus outbreak, demand for video conferencing and chat software from the likes of Microsoft (NASDAQ: MSFT), Alphabet's (NASDAQ: GOOG) (NASDAQ: GOOGL) Google, and Zoom (NASDAQ: ZM) is skyrocketing.
That demand is expected to increase even more as the number of cases in the U.S. rises. As of Wednesday, there were 938 confirmed coronavirus cases in the U.S., with 29 deaths attributed to the virus, according to CDC data. As the number of school closures and quarantines increases, video conferencing will become ever more important.
Source Fool.com