Decacorns: Analysis of Plaid’s Cognito Acquisition

According to a recent report, the global FinTech-as-a-service market is projected to grow 17% CAGR to reach $681.6 billion by 2028. Financial institutions are looking to fintech-as-a-Service providers to help streamline their procedures. San Francisco-based Plaid is one such player that is trying to make digital financial tools simpler for both users and developers.

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Duolingo Targets TV Show Fans and Higher Education for Growth

According to a recent report, the global online language learning market is expected to grow 19% CAGR from 2022 through 2026, translating to an incremental growth of $30 billion during the forecast period, Online language learning service provider Duolingo (Nasdaq: DUOL) recently announced their quarterly results that surpassed market expectations.

Cloud Stocks: Qualys Leverages Partner Network to Drive Go-to-Market Agenda

According to a recent report, the global cloud security market is expected to grow from $40.8 billion in 2021 to $77.5 billion by 2026 at 13.7% CAGR. Cloud services security provider Qualys (Nasdaq: QLYS) announced its second quarter results recently that managed to surpass market expectations.

Cloud Stocks: Tenable Provides Visibility into Internet-based Assets

According to a recent report, the global Security and Vulnerability Management Market is projected to grow 6% CAGR to reach $18.7 billion by 2026 from $13.8 billion in 2021. The growth in the industry is attributed to the increased adoption of IoT and cloud trends and integration of advanced technologies such as AI and ML with security and vulnerability management solutions. Maryland-based Tenable (Nasdaq: TENB) recently announced its quarterly results that outpaced market expectations. The company continues to invest heavily on product development to keep ahead in this rapidly evolving market.

Cloud Stocks: Zendesk Agrees to be Bought Out

Zendesk (NYSE: ZEN) has had a tumultuous year so far. The company had backed away from its $4.1 billion Survey Monkey acquisition earlier this year, and rejected a buy-out offer, before finally giving into an offer to be bought out by a private equity firm. After nearly 8 years of going public, the company will go private again by the end of this fiscal year.

Cloud Stocks: Freshworks Looks to Freshchat for Product Portfolio Expansion

San Mateo-based Freshworks (Nasdaq: FRSH) continues to grow rapidly as it expands its CRM offerings. The company remains focused on product innovation and continues to offer integrations to drive its product adoption.

Analysis of Shopify’s $2.1B Deliverr Acquisition

Earlier last month, Ontario-based Shopify (NYSE:SHOP) announced its quarterly results that failed to impress the market. But the company continues to surge forward in building a logistics solution for its vendors. Recently, it announced another acquisition to further this objective.

Cloud Stocks: Analysis of GoDaddy’s Dan.com Acquisition

According to a recent report, the number of registered domain names is projected to grow at 7% CAGR to 557.7 million by 2026 from 379.2 million in 2020. Recently, GoDaddy (NYSE: GDDY) reported its first quarter results that failed to impress the market.

Cloud Stocks: HubSpot’s Marketplace Strategy Continues to Thrive

As sales efforts become more and more digital, companies are switching over to various digital marketing tools to support their sales teams. According to a recent report, inbound marketing costs $14 less per newly acquired customer than traditional marketing tools. Marketers also believe that inbound marketing helps double the average site conversion rate from 6% to 12%. Inbound marketing specialist HubSpot (NYSE:HUBS) recently reported its second-quarter results that continued to surpass market expectations. HubSpot is working on adding capabilities to its products and app marketplace to make its inbound marketing services even more effective.

Will Meta’s Bet on Metaverse Pay Back?

The current economic conditions are sparing no one. Earlier last week, Facebook (Nasdaq: META) announced its second quarter results that missed all market expectations. The company also provided a weaker outlook, attributing it to market conditions and continued investment in its growth areas.