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- 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: Analysis of Atlassian’s $975M Loom Acquisition
Enterprise collaboration solutions provider Atlassian (Nasdaq: TEAM) recently announced its first quarter results that surpassed market expectations. The company recently expanded its communication capabilities with the $975 million acquisition of Loom.
Cloud Stocks: Twilio Adds AI Use Cases
Communication Platform as a Service (CPaaS) player Twilio (NYSE: TWLO) recently announced its third quarter results that surpassed market expectations. The outstanding performance helped take the stock 7% higher in the after-hours trading session.
Apple Delivers Lackluster Performance
Earlier this month, Apple (Nasdaq: AAPL) announced its fourth quarter results that failed to truly impress the market. Its sales fell for the fourth consecutive quarter. Its stock fell 3% in the after-hours trading session after Apple suggested that it may not return to growth in the holiday quarter.
Cloud Stocks: Amazon Looking at Pharmacies and AI
Amazon (NASDAQ: AMZN) recently reported its third quarter results that did not impress the market much. While the company is seeing growth in ad and e-commerce spending, the continuing macro pressures have slowed down its cloud growth. Amazon meanwhile continues to invest in building its AI capabilities.
Cloud Stocks: Alphabet Bets on AI
Alphabet aka Google (Nasdaq: GOOG) recently reported its third quarter results that surpassed market expectations. Like Meta, Google is also benefiting from a rebound in digital advertising spend. Despite the growth, the market was not too pleased with the outlook that the company provided, sending its stock falling 7% in the extended trading session.
Meta’s Cost Optimization Initiatives are Paying Off
Meta (Nasdaq: META), formerly Facebook, recently announced its third quarter results that outpaced market expectations. Digital ad spend has picked up in the recent past, helping Meta’s performance. According to eMarketer, Digital ad spend worldwide will increase nearly 10% to $601.84 billion this year from $549.51 billion in 2022.
Cloud Stocks: ServiceNow’s Stellar Performance Continues
Last week, ServiceNow (NYSE:NOW) reported its third quarter results that continued to surpass market expectations. ServiceNow does not appear to be fazed by macro-economic conditions and provided an outlook that also beat the expectations.
Cloud Stocks: IBM’s Growing Generative AI Investments
IBM (NYSE: IBM) recently announced strong results for its third-quarter. The company continues to grow through investments in generative AI.