Oracle (NYSE: ORCL) has had a few rough quarters in the recent past. Analysts are concerned that it is taking longer than expected to deliver on the cloud strategy. The recently announced results seemed to dispel some of the concerns as Oracle managed to surpass cloud-based revenue expectations.
Salesforce.com (NYSE: CRM) continues to stun the market with a performance that outpaces all expectations. The market was so pleased with Salesforce’s recently reported results that the stock reported the biggest climb in the last two years. Post the result announcement, its stock climbed 9.5%, the most intraday growth recorded in the stock since 2016.
According to a Market Watch report published recently, the global cloud-based healthcare computing market is estimated to grow 20% annually over the next few years to $11 billion by 2022. Veeva (NYSE: VEEV) continues to ride high on this growth.
Adobe (Nasdaq: ADBE) has been transforming its operations to stay in step with the industry’s trends. For the past few years, it has been shifting toward a subscription-based model from the traditional license-based model for its software. More recently, it has been making relevant acquisitions in the cloud. The recent results were stellar, but the earnings
The ride-sharing industry is going through an overhaul with the rapid emergence of bikes and scooters to address the demand for “micro-mobility”. According to CB Insights, more than 60% of US trips are made within the 0-5 mile distance. There is a growing demand for bike and cycle sharing services to solve the first and
According to a Coherent Market Insights report published earlier this year, the global cryptocurrency mining market is estimated to grow at 30% CAGR from $610.91 million in 2016 to $38.38 billion by 2025. The market is dominated by China’s Billion Dollar Unicorn Bitmain, which recently filed to go public.
According to a recently published Fashion and Apparel Industry report, the global e-commerce-based apparel market is estimated to grow from $481 billion in the current year to $713 billion by the year 2022. Billion Dollar Unicorn About You is riding high on this growth rate.
According to a Market Research Future report, the global big data analytics market is estimated to grow at 12% CAGR to $275 billion by 2023. German data analytics startup Celnois recently joined the Billion Dollar Unicorn club after bootstrapping for several years.