Billion Dollar Unicorns: FireEye Struggling To Keep Up

According to Gartner, the global spending on information security products and services will grow 7% this year to $86.4 billion and to $93 billion by 2018.

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Apple Results Move Marketcap Closer to the Trillion Mark

The tech stocks continue to have a bullish run in the stock market. The latest one to join the race is Apple (Nasdaq: AAPL), which announced a blowout quarter, yet again.

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Russia Controversy Has no Impact on Facebook

If anyone expected the recent Russia scandal regarding the US election to hurt the profitability or revenue prospects for Facebook (NASDAQ: FB), they couldn’t have been more mistaken.  In the recently reported quarterly performance, Facebook continued to shatter all market expectations, yet again.

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Twitter Remains in Hot Water

Social media stocks like Twitter (NYSE: TWTR) have been in the news recently as they went to court to present their side of the story regarding Russian involvement in the US elections. Twitter also made some news earlier last month when it delivered a quarterly performance that outpaced market expectations. But the worst is hardly over for the company.

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Alphabet Wants to Monetize YouTube as the Next Big Thing

The recent quarterly results by tech giants Amazon, Microsoft, and Alphabet (Nasdaq: GOOG) helped drive the Nasdaq to the best gains of the year. Post their result announcements, the Nasdaq climbed 2% in the day – its biggest climb this year – as the stocks themselves climbed to their record highs.

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Nadella’s Microsoft Delivers Stellar Cloud Numbers

Microsoft (Nasdaq: MSFT) recently announced its first quarter results and the performance blew past all market expectations. Microsoft continued to deliver stellar growth in the Cloud segment, instilling additional confidence in the market. Post the result announcement, its stock climbed to record high-levels, once again.

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Amazon Delivers on Every Count

Amazon (NASDAQ: AMZN) acquired 460-store Whole Foods Grocery chain for $13.6 billion last quarter and is now expanding its physical presence across the country. It is also expanding its international reach and its video and music offerings. But first, let us look at its strong third quarter earnings, which surpassed all expectations.  >>>

ServiceNow Continues Acquisitions

Earlier this week, ITSM provider ServiceNow (NYSE: NOW) reported its third quarter results that surpassed market expectations. But the market was not pleased with the performance and the stock slid nearly 5% post the announcement. It is a small bump considering that the stock has climbed nearly 60% since the start of the year.

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Billion Dollar Unicorns: Proofpoint Expands Product Offerings to Gain Market Share

According to Gartner, the global cloud-based security services market is estimated to grow 21% this year to $5.9 billion and $9 billion by the year 2020. The growth is expected to be driven by small and mid-sized businesses as they are becoming increasingly aware of security threats. Billion Dollar Unicorn player Proofpoint is helping manage email-based attacks as part of this industry.

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2018 IPO Prospects: Lyft may go Public Sooner than Uber

Earlier this year, I had observed how it may be a while before we see the IPOs for ride-sharing apps like Uber and Lyft. For Uber, that prophecy appears to be holding good considering the widespread scandals surrounding the company with reference to its corporate culture and business practices. But, recent reports suggest that Lyft may instead be on a fast ride to the stock exchange.

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