Apple Seeks Life Beyond the iPhones

Apple (Nasdaq: AAPL) recently reported its third quarter results that surpassed market expectations despite a weak performance of the iPhones. Apple is trying to wean itself away from its dependence on iPhone sales and the recent quarter results suggest that it may be succeeding at that. It delivered strong performance on other segments including the

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Google Cloud Gaining Market Share

Earlier last week, Google’s parent Alphabet (Nasdaq: GOOG) reported its second quarter results that surpassed market estimates and sent the stock climbing 8% in the after-hours trading session. This was the biggest one-day gain for Alphabet in the last four years and a pleasant change from the last quarter’s disappointing performance.

IBM Counts on Red Hat for Cloud Growth

Earlier this week, IBM (NYSE: IBM) announced its second quarter results that saw improvement in its Cloud metrics. But the increase in Cloud revenues could not offset the decline in its legacy business.

Cloud Stocks: Netflix Plays with Pricing and Games to Attract Subscribers

As competition from cable players and other channels heats up, Netflix (Nasdaq: NFLX) appears to have stumbled in the recent quarter. In a surprising miss, subscriber growth was lower than estimated for both the domestic and international markets, sending the stock tumbling in the after-hours session.

Cloud Stocks: Domo Counts on Enterprise Revenue for Growth

According to an IDC report published earlier this year, the global revenues for big data and business analytics (BDA) solutions are estimated to grow from $189.1 billion in 2019 to $274.3 billion by 2022 at a CAGR of 13%. Cloud-based provider of BI tools Domo (NASDAQ: DOMO) is seeing strong growth in its revenue.

Will Airbnb Continue to Grow Past Hotel Chains?

Vacation rental marketplace Airbnb is expected to go public this year. Last year, the company announced that it was delaying its IPO and focusing on improving its business and financial model. It was expected to be ready to go public by June this year. It still hasn’t announced concrete plans so far, but recent news

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A Year Since Listing Zuora Struggles to Scale

According to a Zion market research report, the global subscription and billing management software market is estimated to grow 15.5% annually to $10.5 billion by 2025 from $3.8 billion in 2018. San Mateo-based Zuora owns 6% of the market and is looking to expand its presence. But the recently reported financial results were disappointing as

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Wix Remains Focused on the Small and Medium Businesses

According to IBIS World Research, US-based web design services industry is expected to grow 6.6% annually to $38.3 billion by the end of 2019. Israel-based Wix (Nasdaq:WIX) recently announced its first quarter results that failed to meet the market’s expectations. But the better than expected outlook helped keep the stock soaring.