Cloud Stocks: Bill.com Focuses on Mobile and AI

The continuing pandemic conditions are driving up demand for services such as those offered by Bill.com (NYSE:BILL). Bill.com listed last December and despite uncertain times, it continues to see its stock soar.

Cloud Stocks: Box Knows it’s All About PaaS

According to a Verified Market Research report, the global enterprise collaboration market was valued at $29.45 billion in 2019 and is projected to grow to $53.26 billion by 2026 at a CAGR of over 8%. However, the recent COVID-19 driven virtual working conditions have accelerated the growth in this market. Box (NYSE: BOX) continues to

Read Full Article »

Cloud Stocks: IBM Trying and Failing to Reignite Growth

IBM (NYSE: IBM) reported its fourth-quarter results this week that continued to miss the market’s expectations on revenues. It is acquiring several cloud and AI-focused organizations to fuel its primary growth engine. But the transformation is taking longer than the market appears to have patience for. Its stock fell 7% in the after-hours trading session

Read Full Article »

Cloud Stocks: Cloudera Grows Through Acquisition

According to a Research and Markets report, the global Hadoop market was valued at $26.74 billion in 2019 and is projected to grow at 38% CAGR to $340.35 billion by 2027. Cloudera (NYSE: CLDR) is a leading player in the market that continues to deliver strong quarterly results. The company has been expanding its offerings

Read Full Article »

Netflix Delivers Stellar Subscriber Growth

Earlier this week, Netflix (Nasdaq: NFLX) reported its fourth-quarter performance that surpassed all market expectations. The significant increase in its subscriber base helped the stock soar. In the after-hours trading session, the stock climbed an impressive 12%.

Cloud Stocks: Sumo Logic’s IPO Going Strong

According to an Allied Market Research report, the global big data and business analytics market size is estimated to grow at 11% CAGR to $420.98 billion by 2027. Conducting analytics on structured data is relatively simpler when compared with conducting analytics on unstructured data. Redwood City-based Sumo Logic (NASDAQ: SUMO) was set up in 2010 to

Read Full Article »

PluralSight Goes Private, But is on an Acquisition Spree

According to a recent Global Market Insights report, the global e-learning market size surpassed $200 billion in 2019 and is expected to grow at 8% CAGR between 2020 and 2026. Cedar Valley, Utah-based Pluralsight (Nasdaq: PS) continues to deliver strong growth in the market. It recently announced a few acquisitions as it consolidates within the

Read Full Article »

Cloud Stocks: Alarm.com Expands Products to Address Competition

According to Verified Market Research, the global smart home market was valued at $80.83 billion in 2019 and is estimated to grow at 14% CAGR to $207.88 billion market by 2027. Virginia-based Alarm.com (NASDAQ: ALRM) is cashing in on this growth by providing security solutions for smart homes and businesses.