Earlier this week, Microsoft (Nasdaq: MSFT) announced its fourth quarter results that continued to outpace market expectations. But a weak outlook failed to impress the market, and the stock fell 3% in the after-hours trading session.
Earlier last week Netflix (Nasdaq: NFLX) reported a mixed bag second quarter performance. The company continues to drive revenue through improved monetization practices globally.
According to a recent report, the global artificial intelligence (AI) market is expected to grow at 37% CAGR from $136.55 billion in 2022 through 2030. The growth in the industry is expected to be driven by the continued research and innovation by tech giants who are helping increase the adoption of this technology in industry
According to a Gartner report, by 2025, 70% of all B2B seller-buyer interactions will be recorded or analyzed to extract competitive, deal, and market insights using AI/ML and natural language processing (NLP). By 2025, 75% of B2B sales organizations are expected to replace traditional sales playbooks with AI-based guided selling solutions. Sales force automation platforms
According to a recent report, the Cloud Database and DBaaS Market grew at 11% CAGR from 2019 to 2022. It is expected to grow at 15% CAGR to reach $40 billion by 2029 from $16 billion in 2022. MongoDB (Nasdaq: MDB) recently reported its first-quarter results that surpassed market expectations.
Oracle (NYSE: ORCL) recently reported its fourth-quarter results that managed to surpass the market’s expectations. Like all other technology players today, Oracle is also gearing up its product offerings to address the growing demand for AI-capable solutions.
Global networking solutions provider Cisco (Nasdaq: CSCO) recently announced its second quarter results that outpaced market expectations. Cisco continues to focus on providing solutions for the hybrid workspace and leveraging generative AI capabilities into its existing offerings portfolio.
According to a recent report, the global identity and access management (IAM) market $15.93 billion in 2022 and is projected to grow at 13% CAGR from $15.93 billion in 2022 to 2030. Recently, Okta (NASDAQ: OKTA) reported its second quarter results that outpaced market expectations.