Cloud Stocks: Intuit Pushes AI to Simplify Tax Filing

Quickbooks’s parent company Intuit (NASDAQ: INTU) recently reported its fiscal fourth quarter results that outpaced market expectations. The stock has climbed nearly 50% this year, and growth doesn’t appear to be slowing down.

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Cloud Stocks: HubSpot Soars to a New High

Inbound-marketing software specialist HubSpot recently reported a strong second quarter that blew past expectations. The market is pleased with its strong performance and its stock has soared to a new high.

For Bottomline Technologies, AI and ML May Not be Enough

According to a McKinsey report, the global payments market is estimated to grow from $1.9 trillion in 2017 at 9% CAGR to $2.9 trillion by 2022. Portsmouth-based Bottomline Technologies (Nasdaq: EPAY) is a leading player in the B2B world of digital payments.

Cloud Stocks: SurveyMonkey Counts on Enterprise Segment for Growth

According to an Orbis Research report, the global online survey software market is expected to grow 11% annually over the next few years from $1.01 billion in 2018 to double that by the year 2024. SurveyMonkey (Nasdaq: SVMK) is delivering strong results in wake of this growth projection.

Uber and Lyft Struggle Post-IPO

This has been a big year for ride sharing companies as the giants in the space – Uber and Lyft – both went public this year. Uber (NYSE: UBER) delivered the biggest IPO of the year and analysts were expecting a lot from Lyft (NASDAQ: LYFT) as well. But since going public, both companies have struggled to retain and grow their valuation. Investors are becoming more realistic about valuations and are clearly paying heed to some financial metrics when assigning the values to the businesses.

Cisco’s Stream of Acquisitions Unable to Counter China Concerns

President Trump’s recently introduced tariff hikes against China have begun to hurt the US stock market. Recently, networking giant Cisco (Nasdaq: CSCO) reported its quarterly results. While the reported quarter’s performance outshone market expectations, the outlook was a big disappointment. The company blamed the low outlook on the growing trade concerns with China.

Shopify Soars to New Highs

Shopify (NYSE:SHOP), a leading cloud-based commerce platform that helps SMBs run their business through both physical and digital storefronts, recently announced results for a strong second quarter that surpassed estimates. Over the past year, its stock has soared over 150%.

Will eBay Sell StubHub and Classifieds?

eBay (Nasdaq: EBAY) recently reported its second quarter results that surpassed market expectations. The company is now mulling over splitting up, yet again. A few years ago, eBay had spun off PayPal to a separate company, and now it is considering a similar fate for StubHub and its Classifieds business.

Zendesk Next Targets WhatsApp Users

According to a recent Marketers Media report, the global helpdesk automation market is estimated to grow 33% annually to $11 billion by 2023. Earlier this month, Zendesk (NYSE: ZEN), a leading player in the market reported its second quarter results that were well received by the market.

Rapid7 Strengthens Product Ties with AWS

According to a recent report, the global security and vulnerability market is estimated to grow 10% through the year 2023. Earlier this month, Rapid7 (Nasdaq: RPD), a leading player in the industry, recently announced its second quarter results that surpassed all market expectations.