Cloud Stocks: Analysis of Amazon’s MGM Acquisition

Amazon (NASDAQ: AMZN) recently reported its second-quarter results that failed to impress the market. The company reported a slowdown within its e-tail segment and attributed the same to tough comparisons from the previous year when Covid had spiked eCommerce sales. As businesses and economies slowly re-open Amazon’s eCommerce segment will face a crunch, but it

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IPOs 2021: AppLovin Fails to Woo the Market

According to a recent report, the global market for Mobile Application Development platforms is estimated to grow from $9.1 trillion in 2020 to $44.3 trillion by 2027 at a CAGR of 25%. Recently listed AppLovin (NASDAQ: APP) is helping mobile app developers make sure that their apps reach the consumers.

Cloud Stocks: Analysis of Microsoft’s Three More Acquisitions After Nuance

Last week, Microsoft (Nasdaq: MSFT) announced its fourth quarter results that surpassed all market expectations. Microsoft has executed well across board dispelling concerns about its dependence on Azure for growth.

Cloud Stocks: ServiceNow’s Entire Portfolio is Booming

Last week, ServiceNow (NYSE:NOW) reported its second-quarter results that surpassed market expectations. ServiceNow is witnessing robust growth across the entire gamut of its offerings including IT Service Management (ITSM), IT Operations Management (ITOM), Customer Workflow, and Creator Workflow segments. Nothing appears to be standing in the way of this giant.

Facebook Wants to Pivot to a Metaverse

Earlier last week, Facebook (Nasdaq: FB) announced its second quarter results that surpassed all market expectations. Facebook appears to want to pivot from being known as the social media powerhouse to a provider of a virtual environment over the next few years.

Cloud Stocks: Google’s Offerings Help Drive Partner Revenue Growth

It appears to be a record-setting season for tech stocks as big tech delivers stellar quarterly results. Google (Nasdaq: GOOG) was no different when it announced its second-quarter results that crushed all market expectations and reduced losses significantly.

Apple Rides High Across All Categories

Earlier this week, Apple (Nasdaq: AAPL) announced its third-quarter results that shattered market expectations across all segments. The company continued to report stellar growth across all product lines delivering double-digit growth overall.

Cloud Stocks: Analysis of Zoom’s Five9 Acquisition

Online video conferencing player Zoom Video Communications (Nasdaq: ZM) has benefited from the pandemic conditions. The company is continuing to expand its market presence through acquisitions. Recently, it announced the acquisition of Five9, its biggest acquisition so far.