For instance, Steve Cohen started a position in Zoom Video Communications (NASDAQ: ZM) in the second quarter, while Ken Griffin added to his position in Zoom. Unfortunately, Zoom continued to battle headwinds in the second fiscal quarter of 2023 (ended July 31, 2022), including unfavorable foreign exchange rates, geopolitical conflict in Ukraine, and high inflation. In the coming years, remote and hybrid work are set to become more common, as they allow businesses to cut travel expenses and hire the best talent from anywhere in the world.