Cloud Stocks: Qualys Counts on Google and Microsoft for Growth

Cloud services security provider Qualys (Nasdaq: QLYS) recently announced its fourth-quarter results that failed to particularly impress the market. But the company is focusing on attracting the market through its product upgrades and tie-ups with the tech giants.

Cloud Stocks: RingCentral’s Powerful Partner Strategy Would Augment with PaaS

Cloud-based communication services provider RingCentral (NYSE:RNG), which is one of our Top 20 Cloud Stocks for 2020, reported its fourth quarter results this week that blew past all market expectations, and its stock has soared to a record high post the announcement.

Cloud Stocks: Proofpoint Targets Insider Threats Through Acquisition

According to IDC, the global cyber security market grew 9% to $103.1 billion in 2019 and is expected to grow at 9% CAGR to reach $133.8 billion by 2022. Recently, San Francisco-based Proofpoint (Nasdaq: PFPT) announced its fourth quarter results that surpassed market expectations.

Cloud Stocks: Zendesk, Freshworks Focus on Marketplaces and Integrations

According to an Allied Market Research report, the global complaint management software market is expected to grow at 11% CAGR to reach $8.3 billion by 2026 from $1.93 billion in 2018. Zendesk (NYSE: ZEN), and India-based Freshworks are key players in the market. Zendesk recently announced its fourth quarter results that surpassed market expectations.

ServiceNow’s Growth Mantras: AI, Verticals

Under the leadership of its newest CEO Bill McDermott, ServiceNow (NYSE: NOW) recently reported a stellar quarter. The company outperformed market expectations for the quarter on all fronts, sending the stock soaring to a record high.

Facebook Explores Payments and Commerce

Facebook’s (Nasdaq: FB) battle with privacy concerns are far from over. The company recently announced that it had settled a class action lawsuit by paying $550 million in fine, and it was also slapped with a $5 billion fine for privacy abuses by the Federal Trade Commission. Despite this, its quarterly results surpassed market expectations.

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Google’s Cloud Bets Are Paying Off

Like other tech giants, Google’s parent, Alphabet (Nasdaq: GOOG) too has crossed into the trillion-dollar market cap territory. This was even though the recently announced fourth quarter results did little to impress the markets. Alphabet fell short of the market’s revenue expectations while it managed to scrape past the earnings estimates. The stock fell 5%

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Amazon Looks to India for Next Round of E-tail Growth

Amazon (NASDAQ: AMZN) recently announced its fourth quarter results that surpassed all market expectations. For a short moment, post the announcement of the results, the company even went into the trillion-dollar valuation territory. However, it failed to maintain the levels for long.