Cloud Stocks: Data Breach Drives Cloud Security Stocks to Record Highs

Cyber security players have been in the news recently following the SolarWinds security breach at several federal agencies. Analysts believe that the hack “will see a seismic increase in spending” in the coming year and could lead to a $200 billion growth opportunity in cloud security over the next five years. Endpoint security providers and vulnerability

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Cloud Stocks: Q2 Holdings at a New High

According to a recent Global Market Insights report, the global digital banking market is estimated to grow at 6% CAGR to $12 trillion by 2026 from $8 trillion in 2019. Total global digital payment transactions exceeded 750 billion in volume in 2019 and accounted for over $700 trillion. The current pandemic conditions have accelerated the

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Cloud Stocks: Analysis of ZoomInfo’s Everstring Acquisition

Go-To-Market intelligence provider ZoomInfo (Nasdaq: ZI) had listed earlier this year. Despite the current global conditions, the organization has been investing in acquisitions of other smaller companies to add AI and Machine Learning capabilities to its portfolio.

Cloud Stocks: Analysis of Coupa’s LLamasoft Acquisition

The pandemic conditions have forced all organizations – big and small – to look at their expenses more closely. Organizations are reaching out to business spend management services providers to create efficient financial models. San Mateo-based Coupa (Nasdaq: COUP) is benefiting from its cloud-based model that helps these organizations manage spend. It is also adding

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Cloud Stocks: Analysis of Pure Storage’s Portworx Acquisition

According to a recent report, the global 3D NAND Flash Memory market size is projected to grow at 21% CAGR to $47.8 billion by 2026 from $15.54 billion in 2020. Mountain View-based Pure Storage (NYSE: PSTG) recently reported its third quarter results that surpassed market expectations. The company is transitioning to a subscription-based model for

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Cloud Stocks: nCino’s AI Products Help it Soar

Earlier this year, cloud-based FinTech company nCino (Nasdaq: NCNO) went public. nCino helps accelerate digital journeys for financial institutions across the globe and its recent AI-based products are helping its stock soar despite the current turbulent conditions.

Cloud Stocks: Adobe Acquires to Address Growing Market Opportunity

Adobe (NASDAQ: ADBE) recently reported its quarterly results that outpaced market expectations. The company continues to drive acquisitions and product innovations to address a $147 billion total addressable market opportunity.

MongoDB – Oracle’s Missed Opportunity

Database-as-a-Service provider MongoDB (Nasdaq: MDB) recently reported its third quarter results that surpassed market expectations. The stock gained 8% in reaction to the result announcement.