Cloud Stocks: Adobe Monetizing its Generative AI Tools

Adobe (NASDAQ: ADBE) recently reported its quarterly results that were ahead of market expectations. However, it provided a weak outlook that sent the stock tumbling 11% in the after-hours trading session.

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Cloud Stocks: DocuSign is Looking for a Buyer

Digital signature services provider DocuSign (Nasdaq: DOCU) recently announced very strong quarterly results. The company continues to add to its product offerings while it scouts for a potential buyer for itself.

Cloud Stocks: Veeva’s Migration to Own Platform Picks Pace

The global healthcare cloud computing market is expected to grow at 18% CAGR from $39.4 billion in 2022 to reach $89.4 billion by 2027. Veeva (NYSE: VEEV) recently announced its fiscal 2024 results that continued to impress the market.

Cloud Stocks: Analysis of Salesforce’s AI Acquisitions

Salesforce (NYSE: CRM) recently announced its fourth quarter results that continued to surpass market expectations. However, the disappointing outlook sent the stock slipping 2% in the after-hours trading session.

Cloud Stocks: Analysis of Workday’s HiredScore Acquisition

Enterprise services provider Workday (NASDAQ: WDAY) recently announced mixed fourth quarter results. It continues to expand its AI capabilities through both product development and acquisitions.

Cloud Stocks: Nutanix Counting on VMWare’s Woes

Enterprise cloud computing player Nutanix (Nasdaq: NTNX) recently announced its second quarter results that outpaced market expectations. The recent Broadcom VMWare acquisition is causing a lot of turmoil in the industry that is helping players like Nutanix.

Palo Alto Networks Goes on an Acquisition Spree

According to a recent research report, the $222.66B global cyber security market is expected to grow at 12% CAGR from 2023 to 2030. Despite the strong market outlook, Palo Alto Networks (NYSE: PANW) recently cut down its outlook for the year. The stock fell 19% in the after-hours trading session after the result announcement.

Cloud Stocks: BlackLine Leverages AI for Industry First Offerings

Accounting software solution provider BlackLine (NASDAQ: BL) recently announced its fourth quarter results that shattered market expectations. The company remains committed to a long-term strategy and vision of focusing on solutions across financial close, consolidation, intercompany accounting, and invoice-to-cash as it enhances its product offerings.

Cloud Stocks: Atlassian’s Cloud Story Hits a Bump

Enterprise collaboration solutions provider Atlassian (Nasdaq: TEAM) recently announced its second quarter results that surpassed market expectations. This was a milestone quarter for the company as it surpassed $1 billion in revenues for the first time.

Cloud Stocks: Twilio’s Segment Acquisition Appears to have Backfired

Communication Platform as a Service (CPaaS) player Twilio (NYSE: TWLO) is having a rocky start to the year. A recent investor action forced the exit of its founder and CEO Jeff Lawson and more recently, the lower outlook for the rest of the year did not please the analysts either.