Facebook Breaking All Barriers

Facebook’s (NASDAQ: FB) user growth may be slowing down each quarter, but that is of little concern to its stock’s performance. During the recently reported quarterly results, the company outpaced all market expectations, despite a slowdown in growth, and got analysts to estimate stock price targets of more than $200.

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Netflix Delivers A Stellar Quarter

Nothing appears to be blocking Netflix’s (Nasdaq: NFLX) growth as it continues to add subscriber base and deliver financial performance that outpaces market expectations. The recently reported quarterly results were no different.

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Microsoft Riding High on the Cloud

According to an enterprise software survey conducted by Credit Suisse about cloud platforms, nearly 40% of those surveyed expressed Microsoft Azure as their preferred choice. That number has grown 21% over the last six months. Another survey by data analytics firm Sumo Logic also came up with a similar result. Clearly Microsoft’s (NASDAQ: MSFT) Azure focus is bearing fruit. It is also evident in its latest financial results.

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Billion Dollar Unicorns: Ticket Monster To Invest In Groceries

South-Korea based mobile e-commerce marketplace Ticket Monster has the distinction of being acquired by two Billion Dollar Unicorns LivingSocial and then Groupon, both of which spun it out. Today, Ticket Monster continues its journey as an independent Billion Dollar Unicorn in this highly competitive market. >>>

Okta Delivers a Strong Quarter and a Strong IPO

According to Stratistics MRC, the Global Identity & Access Management market is estimated to grow 15% annually from $7.94 billion in 2016 to $20.87 billion by 2022. Earlier this year, Identity and Access Management services provider Okta (Nasdaq:OKTA) went public. The listing of the San Francisco-based company appears to be doing well so far.

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Billion Dollar Unicorns: Sales AI Startup Afiniti Considering IPO

With leading tech giants like Alphabet, Apple, and Amazon focusing more on artificial intelligence (AI), the sector is attracting much funding. According to CB Insights, over 550 startups using AI as a core part of their products raised $5B in funding in 2016. Afiniti is one such startup that has become a Billion Dollar Unicorn. >>>

Billion Dollar Unicorns: DraftKings Faces Hurdles

According to Juniper Research, the entry fee revenues in the fantasy sport industry are estimated to grow from $2.6 billion in 2016 to $5.3 billion by the year 2020. However, the industry is witnessing several legal and regulatory concerns that have slowed down the growth of Billion Dollar Unicorn DraftKings. >>>

Billion Dollar Unicorns: Careem Focused on MENA

The highest privately valued company Uber is the poster child of ride sharing. One of its strong, regional rivals is Dubai-based Careem, which has recently entered the Billion Dollar Unicorn Club. >>>

The Trade Desk Delivers the Rare Combination of High Growth and Profits

According to a recent eMarketer report, digital advertising spending in the US is expected to grow from $83 billion in 2017 to $129.23 billion in 2021. Digital ad expenditures overtook TV ad spend in 2016. TV ad spend is expected to reduce from 35.2% in 2017 to 30.8% by 2021. During the same period, digital advertising will grow to nearly half of the advertising spend in 2021 compared with 36.7% in 2016. The Trade Desk (Nasdaq: TTD) is a self-serve ad platform that went public recently.

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Billion Dollar Unicorns: Clover Health Reaches Milestone Valuation

Over the past few years, there has been an added focus within the global healthcare industry to reduce costs and manage resources more efficiently while improving patient care. To meet these pressures, healthcare organizations including physicians and insurance service providers have become data driven. San Francisco-based Clover Health is a Billion Dollar Unicorn club member making big strides in the industry.

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