Big Box Stores vs. Amazon

Despite the current global lockdown and weak economic conditions, Amazon (NASDAQ: AMZN) continued to deliver on all fronts. The pandemic conditions are accelerating growth not only in the cloud business but even in the eCommerce segment.

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Clouds Stocks: Atlassian Fortifies its PaaS Ecosystem

Atlassian, a strong PaaS player and among our list of the Top 20 Cloud Stocks for 2020, recently reported results of a strong quarter that beat estimates. It also announced the launch of a new venture fund that will further strengthen its ecosystem strategy.

Cloud Stocks: ServiceNow Well-Positioned for Digital Transformation

Despite the COVID-19 crisis, ServiceNow (NYSE:NOW) continues to outpace all market expectations. It is doubling down on tying up with other technology partners to provide solutions needed to accelerate digital transformations of organizations.

Cloud Stocks: Microsoft’s Partnership with Tom Siebel’s C3 AI is Intriguing

Earlier this week, Microsoft (Nasdaq: MSFT) reported its first quarter results that continued to surpass all market expectations. Its focus on Azure offerings is helping Microsoft gain a bigger market share within cloud services. Analysts believe that the current pandemic conditions are driving spending on cloud services, and Microsoft is making sure it taps into this opportunity.

PluralSight Acquires During Pandemic

A recent Research and Markets report forecasts that the global e-learning market will grow to $325 billion by the year 2025. Besides individual consumers who are flocking to the digital learning resources during the pandemic, organizations are also relying on these technologies to help upskill their globally dispersed employee base. Cedar Valley, Utah-based Pluralsight (Nasdaq: PS) is an e-learning player that recently reported a strong second quarter.

Competition Keeps Increasing for Netflix

Earlier this week, Netflix (Nasdaq: NFLX) reported a mixed third quarter. Not only did the company stumble on its earnings performance, but its subscriber growth for the quarter was also slower than what Netflix had forecast a quarter ago. Its stock tumbled 5% in reaction to the disappointing performance and outlook.

Udemy Soars Amid Pandemic

According to a recent report, the global online learning market is estimate to grow at 9% CAGR to more than $319 billion by 2025. The current pandemic conditions will spur the growth to higher rates as people look to remote options for learning and skill enhancement.

Cloud Stocks: IBM Fails to Impress

IBM (NYSE: IBM) reported its third quarter results this week that failed to meet the market’s expectations. This was the third consecutive quarter of revenue decline for the company as it struggles to navigate through the global pandemic.

Coursera Growth Surges Under Lockdowns

The global pandemic has been a boon to EdTech companies focusing on expanding learning capabilities through an online platform. According to recent reports, the global market for higher education is valued at $2 trillion. Even before the COVID crisis, education was moving online, but the crisis has accelerated that move significantly.

Duolingo Joins the Billion Dollar Unicorn Club

Several analysts expected language teaching site Duolingo to list this year. But the global economic and pandemic conditions have usurped quite a few well-laid out plans this year. It doesn’t look like Duolingo will list soon.