categories

HOT TOPICS

NEWSLETTER

If you are considering becoming a 1M/1M premium member and would like to join our mailing list to receive ongoing information, please sign up here.

Subscribe to our Feed

Technology Stocks

Cloud Stocks: Adobe Shifts its Focus

Posted on Monday, Jun 22nd 2020

Adobe (NASDAQ: ADBE) recently reported a mixed second quarter that missed revenue estimates. It had a strong quarter for its Digital Media segment but its Advertising Cloud revenue was impacted by the COVID crisis. But what’s interesting is how Adobe quickly de-emphasized the low-margin and capital-intensive parts of its business to focus on growth.

>>>
Hacker News
() Comments

Featured Videos

Cloud Stocks: Oracle Relies on Autonomous Offerings

Posted on Friday, Jun 19th 2020

Oracle (NYSE: ORCL) recently reported its fourth quarter results that failed to impress the market. With industries realigning their digital spends, Oracle is counting on its Autonomous offerings to help drive growth.

>>>
Hacker News
() Comments

Cloud Stocks: Is Anaplan a Prospect for Oracle, SAP?

Posted on Thursday, Jun 18th 2020

According to a recent Fortune Business Insights report, the global ERP software market is expected to grow at 8.5% CAGR to reach $71.63 billion by 2026. Cloud-based planning software provider Anaplan (NYSE:PLAN) recently reported its first quarter results that delivered mixed results despite the growth forecast.

>>>
Hacker News
() Comments

eBay Surges on Coronavirus Lockdown

Posted on Wednesday, Jun 17th 2020

The current global lockdown conditions continue to push online sales and e-commerce trends higher. Due to the improvement in its e-commerce business, etailer eBay (NASDAQ: EBAY) recently revised its outlook for the current quarter significantly. But the company realizes that the surge may be short-lived and did not improve its fiscal year outlook.

>>>
Hacker News
() Comments

Xactly Enhances its SPM Platform with AI

Posted on Tuesday, Jun 16th 2020

According to a Mordor Intelligence report, the global sales performance management market is expected to grow at 13% CAGR from $2.83 billion in 2019. San Jose-based Xactly has been a leading provider of cloud-based sales performance management (SPM) software. Earlier this year, it was tagged a Leader by Gartner in the 2020 Magic Quadrant for SPM for the seventh consecutive time.

>>>
Hacker News
() Comments

Cloud Stocks: Okta Reiterates Outlook

Posted on Monday, Jun 15th 2020

Corporate identity management software company Okta (NASDAQ: OKTA) reported a strong first quarter recently that beat estimates. Like several cloud stocks, Okta’s stock has also benefited from the work-from-home transition following the COVID-19 pandemic outbreak.

>>>
Hacker News
() Comments

Zscaler Goes on an Acquisition Spree

Posted on Friday, Jun 12th 2020

The global lockdown conditions have resulted in organizations stepping up their spending on cyber security solutions. Enterprise cloud security company Zscaler (NASDAQ: ZS) is benefiting from this trend. It recently reported its third quarter results that sent the stock soaring to record high levels. The company is also using the current economic conditions to pick up acquisitions.

>>>
Hacker News
() Comments

Wix Cashing in on Businesses Transitioning Online

Posted on Thursday, Jun 11th 2020

The current global lockdown conditions have spelled a boom for cloud-based and web enabled services. One such company benefiting from this growth is Israel-based Wix (Nasdaq:WIX). Wix recently announced its first quarter results that helped push the stock to 52-week high levels.

>>>
Hacker News
() Comments

Cloud Stocks: MongoDB Soars Even in the Crisis

Posted on Wednesday, Jun 10th 2020

According to a Research and Markets report, the global Database as a Service market is estimated to grow at 16% CAGR to reach $24.8 billion by 2025 from $12 billion in 2020. The recent market turmoil would have changed these forecasts. But despite the turmoil, MongoDB (Nasdaq: MDB) continues to soar. MongoDB’s stock has climbed 53% since the start of the year.

>>>
Hacker News
() Comments

Cloud Stocks: Is Smartsheet’s Pullback a Buying Opportunity?

Posted on Tuesday, Jun 9th 2020

Seattle-based Smartsheet (Nasdaq: SMAR) recently announced its first quarter results that failed to impress the market. Its weaker than expected billings and a similarly weak outlook sent the stock tumbling in the after-hours session. The stock fell 14% after the result announcement – its biggest decline since listing. But it is a knee jerk reaction to a stock with a lot more potential.

>>>
Hacker News
() Comments