Cloud Stocks: Twilio’s Growth is Driven by Segment

According to a recent year, the global unified communication as a service (UCaaS) market is expected to grow 13% annually from $28.96 billion in 2021 to $69.93 billion in 2028. The growth in the industry is driven by the continuing adoption of remote working conditions globally and improved API-driven capabilities. Communications PaaS player Twilio (NYSE: TWLO)

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Cloud Stocks: Analysis of ON24’s VIBBIO Acquisition

According to a recent report, the global digital experience platform market, valued at $11.7 billion in 2022, is expected to grow at 13% CAGR through 2030. San Francisco-based ON24 (NYSE: ONTF) continues to expand its presence in the market through acquisitions and product expansion.

Cloud Stocks: GoDaddy Targets a $126B TAM Opportunity

According to a recent report, GoDaddy (NYSE: GDDY) remains an undefeated leader in the web-hosting business by managing more than 44.18 million websites globally. Cloudflare comes a distant second with 12.32 million websites. GoDaddy recently announced its near-term financial plans and listed the areas of focus that will help it attain its goals.

Cloud Stocks: Atlassian Faces Stiff Competition

According to a recent report, the global enterprise collaboration market is expected to grow from $47.2 billion in 2021 to $85.8 billion by 2026 at a CAGR of over 12%. Atlassian (Nasdaq: TEAM) continues to expand its product offerings to take a bigger share in the market in the face of stiff competition.

Netflix Searches for Alternate Monetization Opportunities

Earlier this week Netflix (Nasdaq: NFLX) reported its first-quarter performance that failed to impress the market. With the global pandemic restrictions easing, the company appears to be struggling to attract and grow its user base.

Apple Expands Product Line-up But Faces Supply Issues

Earlier last week, Apple (Nasdaq: AAPL) announced its second-quarter results that surpassed market expectations. All of Apple’s segments, except the iPad, reported year-on-year growth for the second consecutive quarter this year. In the coming quarters, Apple does not appear to be constrained by market demand, but by market supply.

Meta Leverages AI for Growth

Earlier this month, Meta (Nasdaq: FB), formerly Facebook, announced its first-quarter results that surpassed all market expectations. The company continues to invest in AI and its Horizon platform as it transitions towards a somewhat unclear Metaverse strategy.

Cloud Stocks: Microsoft Expands its Healthcare Cloud Offerings

Microsoft (Nasdaq: MSFT) continues to remain unscathed with the current macro-economic conditions. For the recently reported third quarter, the company outpaced market expectations on the power of its cloud platform.