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Cloud Stocks: Adobe Adds AI Capabilities to Creative Cloud

Posted on Friday, Dec 16th

Adobe (NASDAQ: ADBE) recently reported its quarterly results that outpaced market expectations. The company continues to drive product innovations especially within its creative cloud segment to drive growth.

Cloud Stocks: DocuSign Focuses on Diversifying Portfolio

Posted on Tuesday, Dec 13th

Recently eSignature player DocuSign (Nasdaq: DOCU) announced its third quarter results that surpassed market expectations. The company is looking to expand its use cases and diversify its product category to drive growth in the coming quarters.

Cloud Stocks: Workday Focuses on Building Partner Ecosystem for Innovation

Posted on Friday, Dec 2nd

Despite the uncertain macro-economic conditions, enterprise services provider Workday (NASDAQ: WDAY) feels confident in its ability to deliver. It believes that its cloud-based finance and HR solutions are mission-critical to organizations, making Workday relatively resilient to economic conditions. Its recently announced third quarter results continued to surpass market expectations.

Cloud Stocks: Potential Buyers for Nutanix

Posted on Thursday, Dec 1st

According to a recent report, the enterprise cloud computing market is expected to grow 18% annually over the next few years to reach $1.25 trillion by 2027 from $545.8 billion in 2021. Nutanix (Nasdaq: NTNX), recently announced its first quarter results that outpaced market expectations.

GoDaddy Pushes for Commerce Solutions in its Offerings

Posted on Thursday, Nov 17th

GoDaddy (NYSE: GDDY) recently reported its third quarter results that failed to impress the market. The company remains focused on profitability, but the slowdown of the global economy has hurt its outlook for the current quarter and the year.

Cloud Stocks: Analysis of Qualys’s Blue Hexagon Acquisition

Posted on Wednesday, Nov 16th

According to a recent report, the global cloud security market is projected to grow at 18% CAGR from $29.26 billion in 2021 to reach $106.02 billion by 2029. Cloud services security provider Qualys (Nasdaq: QLYS) recently announced its stellar quarter results.

Cloud Stocks: Analysis of Bill.com’s Acquisition

Posted on Tuesday, Nov 15th

Bill.com (NYSE:BILL), a leading cloud-based provider of financial services for SMBs, recently announced its first quarter results. Despite the current economic conditions, Bill.com had a very rosy outlook for the second quarter, exceeding market’s expectations.

Cloud Stocks: Hubspot Manages to Grow Customer Base Amidst Market Turmoil

Posted on Monday, Nov 14th

Inbound marketing specialist HubSpot (NYSE:HUBS) recently reported its third-quarter results that continued to outpace market expectations. The company is seeing strong headwinds due to the macro economic conditions, but the company is confident of its growth in the coming quarters.