Palo Alto Networks Steps up AI Security

Security player Palo Alto Networks (NYSE:PANW) recently announced its quarterly results that continued to outpace market expectations. The company has put a pause on its acquisition spree for now and is instead focused on building its AI-focused product portfolio while improving margins.

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Cloud Stocks: Shopify Embeds AI into Shop

Ontario-based Shopify (NYSE:SHOP) recently reported its first quarter results that continued to outpace market expectations. The company is leveraging AI solutions to drive end consumer sales through its platform.

Cloud Stocks: Nutanix Reimagines Data Centric Platform Services

Enterprise cloud computing player Nutanix (Nasdaq: NTNX) recently announced its third quarter results. The market was pleased with Nutanix’s quarterly performance and outlook. Post the results announcement, it’s stock soared 14% in the after-hours trading session.

Cloud Stocks: Twilio Attempts Personalization

According to a recent report, the Unified Communications as a Service (UCaaS) market is expected to grow at 13% CAGR to reach $69.93 billion by 2028. Leading player Twilio (NYSE: TWLO) recently announced its first quarter results that outpaced market expectations. But the continuing macro-economic uncertainty has made it cautious as was evident in its outlook.

Apple Looks to India for Sales and Production

Earlier last week, Apple (Nasdaq: AAPL) announced its second quarter results that surpassed market expectations. This was the second consecutive quarter that Apple reported a decline in the revenues. But the market was very pleased with iPhone sales that surged 15% due to the strong reception of iPhone 14 and iPhone 14 plus.

Cloud Stocks: Analysis of Amazon’s One Medical Acquisition

Recently, Amazon (NASDAQ: AMZN) announced its first-quarter results that surpassed market expectations. Amid recessionary fears, Amazon has been announced a series of layoffs that helped it earn strong profit in the quarter.

Cloud Stocks: Google Accelerates AI Push to Address Microsoft’s Growing Prowess

Alphabet aka Google (Nasdaq: GOOG) recently reported its first-quarter results that topped the market’s expectations. As the company deals with a weak online ad market, it has been accelerating its cost management focus to ensure it turns into a leaner organization.

Cloud Stocks: Meta Plays with Generative AI Capabilities

Earlier last week, Meta (Nasdaq: META), formerly Facebook, announced its first quarter results that outpaced market expectations. The company continues to invest in its Metaverse initiative, but the results announcement drove the stock up 12% in the after-hours trading session.

Cloud Stocks: ServiceNow Leverages AI Capabilities

ServiceNow (NYSE:NOW) recently reported its first quarter results that continued to outpace market expectations. Like several others, ServiceNow is also betting on the AI space and integrated several helpful AI tools within the latest release of its platform.

Cloud Stocks: Microsoft’s lead in Azure powered by OpenAI

Earlier this week, Microsoft (Nasdaq: MSFT) announced its third quarter results that surpassed market expectations. The company continues to bank on its AI investments.