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Cloud Stocks: Splunk Sees Strong Cloud Momentum

Posted on Tuesday, Sep 3rd 2019

Big data platform Splunk (NASDAQ: SPLK) recently reported a strong quarter. The highlights of the quarter were the strong momentum in cloud revenue and its $1.05 billion acquisition of cloud monitoring company SignalFx.

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GoDaddy Fails to Impress

Posted on Friday, Aug 30th 2019

Global internet domain name provider GoDaddy (NYSE: GDDY) recently reported its second quarter results that failed to impress the market. It did not make matters better when it announced that its CEO Scott Wagner was stepping down.

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Veeva is Cashing in on Vault Products

Posted on Thursday, Aug 29th 2019

According to a Global Market Insights report, the global healthcare cloud computing market is estimated to grow 15.5% annually over the next few years to reach $55 billion by 2025. Pleasanton, California-based Veeva (NYSE: VEEV) recently reported its second quarter results that continued to surpass all market expectations.

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VMWare’s Shopping Spree Fails to Impress the Stock Market

Posted on Wednesday, Aug 28th 2019

Virtualization infrastructure provider VMWare (NYSE:VMW) has gone on a massive shopping spree to expand its cloud portfolio. Within the last few months, VMWare has made several big acquisitions to continue to drive product and market growth. The company recently also announced its second quarter results that surpassed all market expectations, but the stock fell 9% after the result announcement.

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Cloud Stocks: Intuit Pushes AI to Simplify Tax Filing

Posted on Tuesday, Aug 27th 2019

Quickbooks’s parent company Intuit (NASDAQ: INTU) recently reported its fiscal fourth quarter results that outpaced market expectations. The stock has climbed nearly 50% this year, and growth doesn’t appear to be slowing down.

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Cloud Stocks: HubSpot Soars to a New High

Posted on Monday, Aug 26th 2019

Inbound-marketing software specialist HubSpot recently reported a strong second quarter that blew past expectations. The market is pleased with its strong performance and its stock has soared to a new high.

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For Bottomline Technologies, AI and ML May Not be Enough

Posted on Friday, Aug 23rd 2019

According to a McKinsey report, the global payments market is estimated to grow from $1.9 trillion in 2017 at 9% CAGR to $2.9 trillion by 2022. Portsmouth-based Bottomline Technologies (Nasdaq: EPAY) is a leading player in the B2B world of digital payments.

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Cloud Stocks: SurveyMonkey Counts on Enterprise Segment for Growth

Posted on Thursday, Aug 22nd 2019

According to an Orbis Research report, the global online survey software market is expected to grow 11% annually over the next few years from $1.01 billion in 2018 to double that by the year 2024. SurveyMonkey (Nasdaq: SVMK) is delivering strong results in wake of this growth projection.

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