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Technology Stocks
Which Amazon PaaS Products are Gaining Traction?
Amazon (NASDAQ: AMZN) has just reported its earnings results for the first quarter. While first quarter earnings blew past all estimates, earnings outlook for the second quarter was weak due to focus on one-day delivery for Prime members.
>>>Facebook Should Put More Emphasis on Workplace
Facebook (Nasdaq: FB) continues to have a tough year with users, media and regulatory authorities continuing to question the company’s privacy policies. Earlier this month, Facebook admitted that it had mishandled millions of users’ passwords for Instagram. Another article revealed how it inadvertently harvested email contacts from 1.5 million new users since May 2016. Facebook’s failure to maintain user data securely has been a cause for FTC enquiry since last year. But recently, it appears that the FTC and politicians in Washington, are gearing up to hold Zuckerberg accountable for these privacy mishaps. Despite these concerns though, the company continues to outpace market expectations and deliver strong results that keep its stock price climbing.
>>>Cloud Stocks: What Should SAP Acquire to Triple its Value by 2023?
During the last quarter, ERP giant SAP (NYSE: SAP) has been in the news on account of the large scale restructuring and management reshuffle announcements. Despite the departures, the company continues to invest in cloud, AI, and IoT technologies as it targets to more than double its value by 2023.
>>>Billion Dollar Unicorns: Segment.io Joins the Club, What Next?
According to Market Research Future, the global customer analytics market is expected to grow 15% annually to $7.3 billion by 2023. Recently, San Francisco-based Segment.io announced its seventh funding round that enrolled it into the Billion Dollar Unicorn club.
>>>Cloud Stocks: Atlassian Acquires From its PaaS Marketplace
Enterprise collaboration software provider Atlassian (Nasdaq: TEAM) has been steadily building up its portfolio through acquisitions. This last quarter was no different as the company continued to add other relatively smaller players to its portfolio. Its latest quarterly results also impressed the market, but the outlook failed to deliver and the stock fell 8% in the after-hours session.
>>>How Will Netflix Deal With Increasing Competition?
Over the past year, about $215 billion were spent on acquisitions in the media industry by AT&T, Comcast, and Disney. Armed with these acquisitions, these media giants are now developing new streaming services that will launch by early 2020. This is worrisome for Netflix (NASDAQ: NFLX) as it licenses several shows from them.
>>>Asana Targets Growth Through APIs
According to a recent report by Global Industry Analysts, the global market for cloud-based productivity software is expected to grow to $42 billion by 2024 driven by workforce decentralization and the emergence of borderless organizations. Billion Dollar Unicorn Asana is a leading player in the industry.
>>>Cloud Stocks: IBM Counts on its Cloud and Platform for the Turnaround
IBM (Nasdaq: IBM) has been focusing on its strategic imperatives segment to drive the next level of growth. The segment includes the cloud, analytics, mobile, social, and security services. But the turnaround is taking a lot longer than expected. After three consecutive quarters of revenue growth, IBM revenues seem to be back on the decline. In an earlier streak, IBM had reported revenue declines for five straight years. The market is losing patience and post the result announcement, IBM’s stock fell 2% in the after hours trading session.
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