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Technology Stocks
Cloud Stocks: Guardant Seeks to Disrupt Oncology Testing
According to a recent report, the global Precision Oncology market is estimated to grow to $99.7 billion by 2027. Precision oncology and recent advances in cancer care have been closely associated with genomic medicine. Researchers realize that knowing the genetic mutations of unique tumors will deliver the ability to improve treatments for cancer. Guardant (NASDAQ: GH) is leveraging its technology capabilities to help address this demand.
>>>Zuora Looks at Products and Partners
According to a Markets and Markets report, the global subscription and billing management market is estimated to grow at 14% CAGR to reach $7.8 billion by 2025. San Mateo-based Zuora (NYSE: ZUO) is a leading player in the market that has been improving its subscription payment products to cater to this growth.
>>>Blackbaud Beating Expectations, Despite Short Term Challenges
Leading cloud software company for the non-profit sector Blackbaud (Nasdaq: BLKB) recently announced its second quarter results that surpassed market expectations even amid the current conditions. The company is worried about the short-term impact of the crisis on its financials but is continuing to invest in marketing efforts and product upgrades to tackle the conditions.
>>>Cisco Needs an Aggressive 5G Strategy
Where most technology giants are delivering a strong growth, networking player Cisco (Nasdaq: CSCO) appears to be struggling. Cisco recently announced its quarterly results that surpassed market expectations. However, a weaker outlook, on account of the global conditions, sent the stock tumbling 6% in the after-hours trading session.
>>>Cloud Stocks: Magic Software Acquires to Expand in Europe
According to a Grand View Research report published this month, the global low code application development platform market size is expected to grow at 23% CAGR to $86.92 billion by 2027. Israel-based Magic Software Enterprises (Nasdaq: MGIC) is benefiting from this high growth forecast.
>>>Cloud Stocks: The Unstoppable Veeva
According to a Markets and Markets report, the global market for healthcare cloud computing is expected to grow from $28.1 billion in 2020 to $64.7 billion by 2025 at a CAGR of 18.1%. Pleasanton, California-based Veeva (NYSE: VEEV) recently reported its second quarter results that continued to surpass all market expectations.
>>>Cloud Stocks: Paylocity Counts on Video
According to an Adroit Market Research, the global Human Capital Management market is estimated to grow to $18 billion by the year 2025. Paylocity (Nasdaq: PCTY) recently announced its quarterly results that continued to surpass market expectations.
>>>Cloud Stocks: DocuSign Acquires Amid COVID
The current remote working conditions have accelerated the adoption of digital signature services. According to a recent report, the global digital signature market was expected to grow from $1.5 billion in 2019 to $23.9 billion by 2030 at 29% CAGR. Early this month, electronic signature solutions leader DocuSign (NASDAQ: DOCU) reported a strong second quarter that beat market estimates.
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