Apple Rides High on iPhones, Wearables, Services

Apple (Nasdaq: AAPL) announced its first quarter results that put all iPhone doubters to rest. The holiday quarter saw iPhones sales surge to record high levels. With the continuing 5G revolution within the mobile segment, analysts believe iPhone sales are likely to keep growing. But it is not only the iPhones that are driving growth,

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Is Zoox Ready to Launch This Year?

According to an Allied Market Research report, the global autonomous vehicle market is expected to grow from $54.23 billion in 2019 at 40% CAGR to $556.67 billion by 2026. The autonomous vehicle market is flooded with several players ranging from traditional car manufactures such as GM and Ford to focused players such as Waymo and

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PaaS: Atlassian has a Strong Start in 2020

Among our list of the Top 20 Cloud Stocks for 2020, Atlassian (NASDAQ: TEAM) is the top mid-sized player for PaaS. Last week, it reported a strong second quarter that beat estimates.

Will the Competition Get to Netflix?

Netflix (Nasdaq: NFLX) recently reported its fourth quarter results that sent the stock falling 4% in the after-hours session. While the company outpaced market expectations on all accounts, it was the outlook that has the market worried. It appears that Netflix may really be facing the heat of competition from Disney+ and others.

Is the Cloud Strategy Delivering for IBM?

IBM (Nasdaq: IBM) delivered a surprising performance for its fourth quarter. Not only did the company manage to surpass market expectations, but also delivered a y-o-y growth in revenue – a first for it in the last six quarters.

Sumo Logic in no Rush to List

According to an IDC research report, worldwide revenues for Big Data and business analytics solutions grew 12% to $189.1 billion in 2019 and is expected to grow at 13% CAGR to $274.3 billion by 2022. Redwood City-based Sumo Logic is a Unicorn in the market.

Smartsheet Focuses on Marketing Collaboration

According to a Markets and Markets report, the global enterprise collaboration market is expected to grow 9% over the year to $48.1 billion by 2024 from $31 billion in 2019. Last month, Seattle-based Smartsheet (Nasdaq: SMAR) announced its third quarter results that surpassed market expectations.

Automattic Beefs up its Platform

According to W3Techs, WordPress is used by 35% of all websites and it dominates the content management system market with a market share of 62.3%. Automattic, the company behind WordPress, last year raised $300 million from Salesforce Ventures at a valuation of $3 billion.