Search pricing for hamburgers. You're listening to Motley Full Money.

I'm Ricky Mulvey joined today by Bill Barker. Bill, thanks for being here.

Thanks for having me.

Let's start with Zoom earnings because the investors seem to be pleased by the

latest quarter operating income and Billings beat analyst forecasts. There's a

little bit of a dip in growth that they're saying they're going to make up for later in the year.

Before we dive in, are there any headline takeaways for you from this beaten up former growth stock?

No, the thing that is most striking to me, I guess, is just the growth curve here, which, you know, it did about eight times the business at the

within two years of the beginning of the pandemic that had done and it was

growing pretty rapidly going into the pandemic but in the

last two years it's not quite flat line but not even really kept up with the

level of inflation so they're talking about, oh, you know,

sort of a slow first half, but we'll start

making up the growth in the second half.

And I always throw a couple grains of salt

onto the second half looks so much better than the first

half guidance.

Well that's not until the AI kicks in.

So the bull story for Zoom that CEO Eric Yuan is selling is about AI.

And in case you've missed the first mention of AI,

there were five more mentions, additional mentions in the first five sentences.

The story is that zooms more than video conferencing.

...