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Cloud Stocks: Microsoft Challenges Google with OpenAI Partnership

Posted on Friday, Jan 27th

In the recent weeks, most technology companies have announced big cost containment measures. Microsoft (Nasdaq: MSFT) was no outlier, as it announced plans to lay off 10,000 workers. The recent second quarter results were not impressive either, as the company missed expectations and reported significant reduction in profits.

Netflix Focuses on Improving Monetization

Posted on Tuesday, Jan 24th

Earlier last week Netflix (Nasdaq: NFLX) reported its fourth quarter results that failed to dazzle the market. The company has been experimenting with newer price tiers in attempts to improve monetization across its subscriber base.

Cloud Stocks: BlackLine Expands Product Line-up with AI and AR tools

Posted on Friday, Jan 20th

According to a recent report, the global accounting software market is expected to grow at 8% CAGR to reach $38.08 billion by 2030. BlackLine (NASDAQ: BL) is targeting to grow in this market through several product upgrades that leverage its AI capabilities.

Cloud Stocks: Analysis of DigitalOcean’s Cloudways Acquisition

Posted on Tuesday, Jan 17th

According to a recent report, the global serverless architecture is expected to grow at 25% CAGR over the next ten years from $9 billion in 2022. DigitalOcean (NYSE: DOCN) continues to grow inorganically to drive its market reach.

Cloud Stocks: Smartsheet Focuses on App Integrations

Posted on Friday, Jan 13th

According to a recent report, the global enterprise collaboration market is expected to grow at 14% CAGR from $47.74 billion in 2022 to $92.41 billion by 2027. Work management platform provider Smartsheet (Nasdaq: SMAR) recently announced its third quarter results that exceeded market estimates.

Cloud Stocks: RingCentral Expands into Device as a Service

Posted on Wednesday, Jan 11th

According to a recent report, the global Unified Communication as a Service (UCaaS) market is expected to grow at 14.5% CAGR to reach $85.7 billion by 2031. RingCentral (NYSE:RNG) recently announced its third quarter results that continued to surpass market expectations.

Cisco Strengthens 5G Strategy

Posted on Monday, Jan 9th

Global networking solutions provider Cisco (Nasdaq: CSCO) reported quarterly results that outpaced market expectations. The company has been focused on diversifying to subscription-based services.

Zscaler Targets Enterprise and Federal Sectors

Posted on Wednesday, Dec 21st

Enterprise cloud security company Zscaler (NASDAQ: ZS) recently reported its first-quarter results that continued to outpace market expectations. It has been working on expanding its market reach by focusing on products geared toward the enterprise sector.