Cloud Stocks: Atlassian’s Cloud Growth Slows Down

Enterprise collaboration solutions provider Atlassian (Nasdaq: TEAM) recently announced its first quarter results. While the past quarter was a mixed report card, its significantly weak outlook sent its stock falling. In the after-hours trading session, the company lost $13 billion of its valuation.

Facebook Crashes and Tumbles

Earlier last week, Facebook (Nasdaq: META) announced its third quarter results that continued to disappoint the market. Facebook’s plans to continue to invest heavily in the development of its Metaverse are not being appreciated by the investors. The stock is trading at 52-week low levels.

AppLovin Struggles, But Focuses on NFTs for Growth

The global mobile application market is estimated to grow at 13% CAGR through 2030 from $187.58 billion in 2021. Despite the strong projections, AppLovin (Nasdaq:APP) is not very optimistic about the future. Its recent second quarter results failed to meet market expectations. The macro economic uncertainty caused it to drop its outlook as well. But

Read Full Article »

Decacorns: Miro Boomed During the Pandemic

During the pandemic lockdowns, most offices globally shifted to virtual working conditions. The rapid transition led to the adoption of several online collaboration tools with high growth season for virtual meeting and webinar providers. During the recent year, the global restrictions have reduced, and the same companies are seeing a slowdown in growth. According to

Read Full Article »

Cloud Stocks: RingCentral Focuses on Hardware Integration

According to a recent report, the global unified communication as a service market is estimated to grow more than 23% annually through 2028. Earlier last month, RingCentral (NYSE:RNG) announced its second quarter results that continued to surpass market expectations. The company is focusing on AI capabilities and improving integration with hardware vendors to expand its

Read Full Article »

ZScaler Focuses on AI Capabilities for Market Growth

Global secure access service edge (SASE) market is projected to grow 26% annually to $4.1 billion by 2026 from $1.2 billion in 2021. Cloud security provider Zscaler (NASDAQ: ZS) recently reported its second quarter results that outpaced market expectations.

Cloud Stocks: Veeva Believes R&D Segment Will Deliver under Economic Uncertainty

According to a recent report, the global healthcare cloud infrastructure market is estimated to grow at 16% CAGR from $48.1 billion in 2021 till 2030. The growth will be driven by the continuing trend of digitalization of healthcare, the integration of advanced AI/ML algorithms, cloud deployment of healthcare systems, and the need to control rising expenditure,

Read Full Article »

Decacorns: Analysis of Gusto’s Acquisitions

According to a recent report, the global cloud-based payroll software market is estimated to grow at 6% CAGR from $11.6 billion in 2021 to reach over $16.8 billion by 2027. San Francisco-based Gusto recently entered the Decacorn club in this space.