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HOT TOPICS
- The Accelerator Conundrum
- The Startup Velocity Question
- Platform as a Service
- Man and Superman
- Web 3.0 = (4C + P + VS)
- The Future: End of Capitalism
- Capitalism 2.0
Cloud Stocks: Workday Focuses on Building Partner Ecosystem for Innovation
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
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
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
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
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
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.
Cloud Stocks: Atlassian’s Cloud Growth Slows Down
Enterprise collaboration solutions provider Atlassian (Nasdaq: TEAM) recently announced its first quarter results. While the past quarter was a mixed report card, its significantly weak outlook sent its stock falling. In the after-hours trading session, the company lost $13 billion of its valuation.
Cloud Stocks: Freshworks Faces Growing Competition from AI-Focused Support Services Providers
San Mateo-based Freshworks (Nasdaq: FRSH) is focusing on deploying AI capabilities across all its offerings. It recently reported its quarterly results that outpaced market expectations. The overall economic conditions resulted in a weaker outlook.