Cloud Stocks: Salesforce’s Einstein GPT Leverages Generative AI Capabilities for CRM

Salesforce (NYSE: CRM) recently announced its fourth quarter results that continued to surpass market expectations. It is focused on improving its profitability, and like other tech players, announced layoffs. But the better than anticipated results and the strong outlook sent its stock soaring 16% in the after-hours trading session.

Cloud Stocks: Nutanix Eyeing International Markets for Growth

The global hybrid cloud market is expected to grow at 20% CAGR to reach $262.4 billion by 2027. Enterprise cloud computing player Nutanix (Nasdaq: NTNX) is cashing in on this growth by expanding its presence in international markets through partnerships and new products.

Cloud Stocks: Workday has a Milestone Quarter, Builds on its AI and ML Offerings

Enterprise services provider, Workday (NASDAQ: WDAY) recently announced its fourth quarter results that surpassed the market expectations.  It was a milestone quarter for Workday as it surpassed the 10,000 customer mark with more than 4,750 of those being core HCM and finance customers. It continues to improve its market offerings by adding AI and ML

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Palo Alto Networks Faces Growing Competition from Wiz

According to a recent market report, the global cyber security market size is expected to grow at 13% CAGR from $155.8 billion in 2022 to $376.3 billion by 2029. Security player Palo Alto Networks (NYSE:PANW) continues to invest in product upgrades as it deals with increasing competition.

Cloud Stocks: Shopify Eyeing Enterprise Business with Commerce Components

Ontario-based Shopify (NYSE:SHOP) recently reported its fourth quarter results that continued to outpace market expectations. The company continues to expand its market reach and is now targeting enterprise retailers for its next round of growth.

Cloud Stocks: Freshworks Partners with Meta to Provide its AI-Powered Conversational Bots

Recently listed Freshworks (Nasdaq: FRSH) announced its fourth-quarter results that continued to surpass market expectations. Freshworks remains focused on expanding its market share by targeting mid to enterprise sized organizations. It is addressing their demands by improving its product and partner portfolio.

Cloud Stocks: Atlassian Focuses on Collaboration Tool Capabilities

According to a recent report, the global enterprise collaboration market is estimated to grow from $47.74 billion in 2022 to $54.88 billion in 2023 and at a 14% CAGR to reach a $92.41 billion by 2027. Atlassian (Nasdaq: TEAM) continues to expand its product offerings to expand its market reach.

Cloud Stocks: Twilio Focusing on Health Vertical

Communications PaaS player, Twilio (NYSE: TWLO) recently announced its fourth quarter results that continued to surpass market expectations. The impressive performance sent the stock soaring 15% in the after hours trading session.