According to a recent report, the global accounting software market is estimated to grow 8.6% to be worth $11.8 billion by 2026, North America being the largest contributor to this growth in terms of revenue. The growth in the developed markets is expected to be driven by the adoption of mobile devices and movement to the cloud among organizations.
eBay (NASDAQ: EBAY) recently reported a lackluster second quarter that beat analyst estimates for earnings but missed the revenue estimates. Its outlook was also disappointing. >>>
ServiceNow (NYSE: NOW) recently reported a strong second quarter that beat estimates. However, the company’s revenue outlook for the third quarter was below analyst estimates. >>>
Analysts expect the global e-commerce payment market to reach $135 billion by 2022. A huge beneficiary of this trend is Billion Dollar Unicorn Stripe, which facilitates payments over the Internet. >>>
A recent Newzoo report estimates the global gaming industry to have grown 13% to be worth $137.9 billion with 2.3 billion gamers worldwide. Billion Dollar Unicorn player Discord is a social networking site focused on these gamers.
PayPal (NASDAQ: PYPL) recently reported a strong quarter that topped estimates but its revenue outlook missed estimates. >>>
Collaboration and productivity software maker Atlassian (NASDAQ: TEAM) recently reported an impressive fourth quarter. But what has impressed analysts the most is its partnership with rival Slack and its decision to get out of the communications market. >>>
Amazon (NASDAQ: AMZN) reported a mixed second quarter last week. While it missed estimates of revenue, earnings estimates blew past estimates. This was the third straight quarter of profit above $1 billion. >>>