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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: Splunk is on a Shopping Spree
Big data player Splunk (NASDAQ: SPLK) recently announced its third quarter results that failed to impress the market. The company has been on an acquisition spree to add several companies that complement its focus on building one of the most comprehensive observability offerings in the industry.
Salesforce’s Slack Acquisition: An Analysis
For the recently reported quarter, Salesforce (NYSE: CRM) crossed a milestone of $20 billion in annual revenues. But the market has been abuzz with the news of its $27.7 billion acquisition of Slack.
Cloud Stocks: Zoom Investing in Security
Online video conferencing player Zoom Video Communications (NASDAQ: ZM) continues to benefit from the ongoing global lockdown conditions. As organizations and educational institutions struggle to open doors in-person, video and audio conferences remain an active mode of collaboration, translating to Zoom’s rapid revenue increase.
Cloud Stocks: BlackLine Expands in Order-to-Cash Market
According to a recent report by Research and Markets, the global account reconciliation software market is expected to reach $4.5 billion by 2026, growing at a CAGR of 17.6%. BlackLine (NASDAQ: BL) is a leading player in the market that recently reported a strong third quarter that surpassed all market expectations.
Cloud Stocks: Nutanix Builds a Kubernetes PaaS
Earlier this week, enterprise cloud computing player Nutanix (Nasdaq: NTNX) reported its first quarter results that surpassed market expectations. Better than expected financial performance for the quarter sent the stock soaring 10% in the after-hours session. Nutanix continues to invest in its cloud-focused strategy, assuring investors of continuing growth.
GoDaddy’s Security Falls Short
Internet domain provider GoDaddy (NYSE: GDDY) delivered another strong quarter recently. But last week, the company was in the news primarily because of the several cyber security attacks it faced on its cryptocurrency services.
Intuit’s SMB Investment Pays Off
Tax software provider Intuit (NASDAQ: INTU) recently announced its first quarter earnings that surpassed market expectations. Despite the COVID crisis, Intuit has invested in small businesses, and the investment is paying off.
Cloud Stocks: Five9 Focuses on AI-based Contact Centers
According to a Market Data Forecast report published earlier this year, the global cloud-based contact center market is estimated to grow at 26% CAGR to reach $31.25 billion by 2025. Five9 (Nasdaq: FIVN), a leading provider of cloud software for contact centers, recently announced its quarterly results that surpassed market expectations.