Google Eyes Expansion in India

Recently Google (NASDAQ: GOOG) announced its second quarter results that surpassed market expectations. However, the COVID crisis is hitting Google as well. Advertising revenues fell and Google reported its first revenue decline in over a decade.

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Cloud Stocks: The PaaS Landscape

At the end of 2019, I had published Cloud Stocks: Top 20 for 2020 with a summary of which SaaS companies are succeeding on the basis of a strong PaaS strategy, AI, and robust developer ecosystems. I now want to focus on how the PaaS landscape is evolving: who are the established giants, the top mature players, the promising players, and the potentials.

Cloud Stocks are doing exceptionally well through the pandemic. If you’re wondering which ones are likely to go further, please pay attention to their PaaS strategies. PaaS creates exit barriers, deep moats, excellent pipelines for new products, acquisition prospects, and overall multipliers that strong SaaS companies should all consider. Over time, I expect hundreds of PaaS eco-systems to develop, each spawning a thousand smaller companies.

Cloud Stocks: Shopify Soars to an All-Time High

Ontario-based Shopify (NYSE:SHOP) recently announced its second quarter results that blew out all market expectations. The company’s focus on delivering digital services for its merchants helped drive its stock to record highs.

Apple Expands its Service Offerings

Earlier last week, Apple (NASDAQ: AAPL) announced its third quarter results that surpassed market expectations. As physical stores shut down and consumption of digital services increases, Apple is focusing its efforts on growing its services segment. The market is pleased with Apple and its stock is touching record high levels.

Cloud Stocks: Atlassian Continues to Acquire from PaaS Ecosystem

Last week, Atlassian (NASDAQ: TEAM) reported its fourth quarter results that continued to surpass estimates. The company has been on an acquisition spree as it looks to invest in collaboration tools during the current conditions where most companies are allowing employees to work remotely.

Facebook Soars Despite Political Concerns

Facebook (Nasdaq: FB) recently reported its second quarter results that surpassed the market’s expectations. But the company continues to struggle with its stand on political advertising. As the US gets ready for the Presidential elections, the scrutiny on Facebook’s stance is increasing.

Cloud Stocks: Cloudera Powers its Data Platform with Partnerships

Enterprise data software company Cloudera (NYSE: CLDR) recently topped revenue and earnings estimates for its first quarter, but its outlook was disappointing. 

Cloud Stocks: ServiceNow Expands Ties with Zoom

Earlier this week, ServiceNow reported its quarterly results that surpassed market expectations. Despite the COVID-19 crisis, it crossed a milestone of $4 billion ARR for subscriptions in the quarter. And, it shows no signs of slowing down.

Cloud Stocks: Tenable Expands Into Industrial Cyber-Security

According to a recent MarketsandMarkets report, the global Security and Vulnerability Management Market size is expected to grow 4.5% annually to $15.5 billion by 2025 from $12.5 billion in 2020. The growth in the market is attributed to the increasing number of cyber attacks, and the increasing cyber awareness across developing economies.

Cloud Stocks: SAP Rethinks Qualtrics Acquisition

Earlier this week, SAP (NYSE:SAP) announced its second quarter results for the year that surpassed market expectations. But the big news was all about its plans for Qualtrics.