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Cloud Stocks: HubSpot Lowers Outlook Amidst Virus Concerns

Posted on Thursday, May 14th

Inbound marketing specialist HubSpot (NYSE:HUBS) recently reported its first quarter results, which outpaced market expectations. However, the grim outlook of the economy is doing little for its outlook. It lowered its revenue and earnings expectations for the rest of the year from earlier forecast and missed analysts’ forecast.

Cloud Stocks: Twilio Hits 52-Week High Amidst COVID Crisis

Posted on Wednesday, May 13th

The global pandemic has provided cloud-based enterprise services providers a big boost in their revenues. Communications PaaS player Twilio (NYSE: TWLO) is one such player that has seen record revenues amidst the recent COVID-19 crisis. Earlier this month, the company announced its first quarter results that outpaced all market expectations and sent the stock soaring to

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Facebook Counting on Video and eCommerce Initiative

Posted on Tuesday, May 12th

Facebook (Nasdaq: FB) recently reported its first quarter results that failed to impress the market. But as social interactions go virtual and ad markets begin to recover, the stock is beginning to gain lost ground.

Cloud Stocks: ServiceNow Steady in Turbulent Seas

Posted on Friday, May 8th

The current coronavirus conditions have done little to hurt the tech giants. Under the leadership of its new CEO Bill McDermott, ServiceNow (NYSE: NOW) continued to report a stellar quarter. The stock even climbed to a 52-week high recently.

Services Segment Help Stabilize Apple, For Now

Posted on Wednesday, May 6th

The coronavirus crisis has done little to hurt big tech players such as Amazon, Google, Microsoft, and now Apple (Nasdaq: AAPL). Recently, Apple announced its second quarter results, and while the company shied away from giving a guidance, its performance inspired confidence in the market. But the crisis is far from over, and the current

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Is Amazon Too Big To Fail?

Posted on Tuesday, May 5th

Where most companies are facing the heat on account of the global virus-inflicted lockdown, Amazon (NASDAQ: AMZN) is seeing strong growth. The stock recently climbed to 52-week high levels as the company continues to scale up to meet increasing e-commerce and cloud computing demands.

For Google, Cloud Diversification Pays Off

Posted on Thursday, Apr 30th

According to the Interactive Advertising Bureau, 70% of media buyers are planning to change their advertising spending plans due to the coronavirus. Advertising giants like Google (Nasdaq: GOOG) began witnessing these changing patterns in March. Google recently announced its first quarter results and while revenues outpaced market expectations, the company acknowledged the uncertainty for the

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Cloud Stocks: Cloudera Focuses on Hybrid Cloud

Posted on Wednesday, Apr 29th

According to an Allied Market research report, the global Hadoop-as-a-service market is estimated to grow at 39% CAGR to reach $74 billion by 2026 from $5.3 billion in 2018. Hadoop deployment helps provide scalability to enterprise technology solutions, thus helping reduce operating cost and use of commodity hardware for reliable distribution. Cloudera (NYSE: CLDR), a

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