Billion Dollar Unicorns: BlackLine Striking Powerful Partnerships

According to a report by TechNavio published last year, the global business accounting software market is estimated to grow at CAGR of 6% to reach $4.1 billion by the year 2021. Blackline (Nasdaq: BL) is a SaaS-based finance and accounting firm that is trying to chip away at this market opportunity.

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Billion Dollar Unicorns: Is Microsoft Planning to Buy InsideSales?

According to Transparency Market Research, the global sales performance management market grew 17.1% annually from $2.3 billion in 2017 to $8.1 billion by the end of 2025. Utah-based InsideSales.com is a Billion Dollar Unicorn in the sales performance enhancement space. It has been toying with the idea of an IPO for a while. Maybe 2018 is the year that it lists.

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Tableau Has a Stellar Quarter

According to a recent market report, the global visual analytics market is expected to grow at a CAGR of 22% to reach $7.7 billion in 2023. Data analytics firm Tableau (NYSE: DATA) is a leading player in the industry. In its recent results, it beat estimates driven by a 46% growth in annual recurring revenues. >>>

Will ServiceNow Acquire in India Next?

Cloud-based enterprise applications provider ServiceNow (NYSE: NOW) recently announced its first quarter results. As usual, the company continued to outpace market expectations. In fact, given ServiceNow’s performance, the company was recently qualified as one of the “cloud kings” by analyst Jim Cramer. It has been one of my favorites as well.

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Will Apple Expand into Smart Speaker Services?

Last quarter Apple (Nasdaq: AAPL) announced plans to bring overseas cash stock back into the country in view of the change in the tax code. This quarter, it announced a record share repurchase plan to utilize some of that cash. This begs the question whether the incentives to allow corporations to bring overseas cash back in is producing actual investment or is it all going into the pockets of the already wealthy shareholders.

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Alphabet Counting on YouTube, Cloud, and the Smart Home

Alphabet (Nasdaq: GOOG) recently announced its first quarter results. The revenues for the quarter outpaced market expectations, as the company continued to drive growth through its growth engines of YouTube, Cloud, and Smart Home.

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Amazon Soars Beyond All Expectations

Amazon (Nasdaq: AMZN) recently announced its first quarter results that surpassed all market expectations and sent the stock soaring. The market is very pleased with its performance. Besides increasing the stock’s price target, analysts believe that it may well be on its way to becoming a trillion-dollar company. Clearly the recent remarks by President Trump about the company did not hurt it at all.

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How is Microsoft Strengthening its Cloud Arsenal?

Microsoft (Nasdaq: MSFT) last week announced its third quarter results that blew past all market expectations. Microsoft’s Azure continued to shine and helped boost its Intelligent Cloud revenue.  >>>