Intuit Bets Big on AI

Cloud-based accounting and tax preparation software giant Intuit (NASDAQ: INTU) recently announced its third quarter earnings. The global pandemic has hurt the smaller businesses most and with the US tax deadline being extended, the company’s revenues were hurt. But it still managed to surpass market expectations.

Spotify Soars on Podcast Acquisitions

According to the Interactive Advertising Bureau, the global podcast industry is estimated to grow from $479.1 million in 2018 to over $1 billion by 2021. Online music streaming service Spotify (NYSE: SPOT) is already cashing in on this growth.

Cloud Stocks: Palo Alto Networks Continues to Acquire

The increase in work-from-home requirements of organizations has led to a surge in demand for cyber security services. Palo Alto Networks (NYSE:PANW) is witnessing the results of this growth as was evident in its recent result announcement.

Cloud Stocks: Zendesk Struggling Amidst the Downturn

Not all cloud computing stocks have fared well in the current crisis and those serving the SMB segment are seeing a much bigger impact. Zendesk (NYSE: ZEN) recently announced its quarterly results that failed to impress the market with its outlook.

Cloud Stocks: Qualys Expands Cloud Offerings to Soar to New Highs

With organizations shifting to remote working, cloud services security providers like Qualys (Nasdaq: QLYS) are seeing strong performance. The company recently reported its first quarter results that surpassed market expectations. It did provide a weak outlook due to the current conditions, but the market is hopeful of its product lineup and helped the stock climb

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Cloudflare Soaring Amidst the Crisis

The global pandemic may have hurt several companies, but most cloud-based companies are soaring. Website infrastructure and security company Cloudflare (NYSE: NET) is one such company. Its stock has climbed nearly 90% since its IPO in September last year. As more and more companies migrate to remote working options, they are turning to companies like

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Cloud Stocks: GoDaddy Continues to Acquire

The global internet domain name provider GoDaddy (NYSE: GDDY) recently reported its first quarter results that surpassed market expectations. The company’s results sent the stock climbing 6% in the after-hours session.

Cloud Stocks: Proofpoint Acquiring Even Amidst Crisis

According to a Fortune Business Insights report, the global cyber security market is estimated to grow at 13% CAGR to reach $281.74 billion by 2027 from $112 billion last year. The verdict is still out as to how will the recent global crisis impact the industry. San Francisco-based Proofpoint (Nasdaq: PFPT) recently announced its first quarter

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