ET 14:43

Zoom, Fastly, Twilio, PagerDuty, Rapid7 Rally on Geopolitical Relief - ZM, FSLY, TWLO, PD, RPD

Technology stocks advanced in afternoon trading on January 22, 2026, as easing geopolitical tensions in Greenland boosted investor sentiment and sparked a risk-on rally. The S&P 500 and Nasdaq Composite rose sharply, with the Dow Jones Industrial Average gaining 500 points. Zoom (ZM) climbed 1.6% since the start of the year, trading at $84.69—near its 52-week high of $90.24 set in December 2025. The stock’s recent move reflects heightened market interest amid broader tech sector strength. Zoom reported third-quarter revenue of $1.23 billion, exceeding estimates of $1.21 billion and up 4.4% year-over-year. Adjusted EPS of $1.52 beat forecasts of $1.44, prompting the company to raise full-year guidance to a midpoint of $5.96. The firm has seen only six moves above 5% over the past year, suggesting relatively stable performance. Investors who purchased $1,000 of Zoom shares five years ago now hold an investment worth $220.89. Other tech names including Fastly (FSLY), Twilio (TWLO), PagerDuty (PD), and Rapid7 (RPD) also gained on the broader market rebound.

EditorWong Mei Ling