Cloud Stocks: Palantir Applies AI Bootcamp Go-to-Market Strategy with Success

Palantir (NYSE: PLTR) recently announced its third quarter earnings that outpaced market expectations. This was the fourth consecutive quarter that the company reported a profitable quarter, making it eligible to be included in the S&P 500 portfolio.

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Cloud Stocks: AppLovin Continues to Deliver with AI

App monetization capabilities provider AppLovin (Nasdaq: APP) reported its quarterly results recently that surpassed market expectations. During the year, the company’s stock went up by 258%. And, the growth story appears to be continuing. 

Cloud Stocks: C3.ai Banks on AWS for AI Expansion

According to recent reports, generative AI is expected to become a $1.3 trillion market by 2032. Goldman Sachs estimates that AI could increase corporate profits by 30% in the next decade, and that generative AI alone could raise the global GDP by 7%. Tom Siebel’s C3.ai (NYSE: AI) is investing in this high growth market through partnerships and product innovation.

Cloud Stocks: Analysis of AMD’s Acquisitions

Global AI semiconductor revenue is expected to grow 26% to $67.1 billion in 2024. By 2027, AI chips revenue is expected to reach $119.4 billion. While Nvidia remains a leading player, rival AMD (NYSE:AMD) is expanding its presence within the AI space.

Analysis of Cisco’s Splunk Acquisition

Global networking solutions provider Cisco (Nasdaq: CSCO) recently announced its first quarter results that outpaced market expectations. But the market headwinds are troubling the company as it reduced its outlook significantly for the coming year.

Cloud Stocks: Adobe Calls off Figma Acquisition

Adobe (NASDAQ: ADBE) recently reported its quarterly results that continued to outpace market expectations. However, a lesser optimistic outlook for the coming year sent the stock falling 6% in the after-hours trading session.

Cloud Stocks: Okta Leverages AI for Security

Corporate identity management software company Okta (NASDAQ: OKTA) recently announced its third quarter results that continued to outpace market expectations. The company added several AI-focused products during the quarter.

Cloud Stocks: Workday Focuses on AI Skills

Enterprise services provider Workday (NASDAQ: WDAY) recently announced its third quarter results that surpassed the market expectations. Workday is building out several AI capabilities and an AI-focused marketplace to benefit from the growing trend.

Cloud Stocks: Veeva Sees Traction on Vault CRM

According to a recent report, the global healthcare cloud computing market is expected to grow 21% annually to $62.47 billion by 2030. Veeva (NYSE: VEEV) recently announced its quarterly results that continued to impress the market.

Cloud Stocks: Nutanix Expands Security Offerings

Enterprise cloud computing player Nutanix (Nasdaq: NTNX) recently announced its first quarter results that outpaced market expectations. The outlook for the rest of the year was impressive as well, which helped drive the stock upwards in the after-hours trading session.