Cloud Stocks: Salesforce Grows its AI Partner Network

Salesforce (NYSE: CRM) recently announced its second quarter results that continued to surpass market expectations. Its growth rate has slowed down, but the market remains impressed with it as it continues to invest in emerging technologies.

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Cloud Stocks: Nutanix Continues to Impress

Enterprise cloud computing player Nutanix (Nasdaq: NTNX) recently announced its fiscal year results that outpaced market expectations. The company’s strong performance and guidance helped drive the stock 15% higher in the after-hours trading session.

Instacart Finally Files for its IPO

According to a recent report, the global online grocery market is expected to grow at 25% CAGR from from $285.7 billion in 2021 till 2030. Companies like Instacart are cashing in on this growth by helping deliver these groceries.

Cloud Stocks: Shopify Turns to AI and Crypto

Ontario-based Shopify (NYSE: SHOP) recently announced its quarterly results that surpassed market expectations. Shopify remains focused on emerging technologies of AI and cryptocurrency to keep driving growth.

Cloud Stocks: Atlassian’s AI Investments Please the Market

Enterprise collaboration solutions provider Atlassian (Nasdaq: TEAM) recently announced its fourth quarter results that sent the stock soaring 24% in the after-hours trading session. Like others in the industry, Atlassian too is betting on AI to improve its offerings.

Cloud Stocks: Twilio Focused on Integrating AI into UCaaS

According to a recent report, the global Unified Communication as a Service (UCaaS) market is projected to grow at 15% CAGR to reach $85.77 billion by 2030 from $32.01 billion in 2023. Communications PaaS player Twilio (NYSE: TWLO) recently announced its second quarter results that surpassed market expectations. The company is leveraging AI capabilities into its tools to continue to drive its growth rate.

Will Apple Buy Disney?

Last week, Apple (Nasdaq: AAPL) announced its third quarter results that were ahead of expectations yet failed to truly impress the market. The company posted its third consecutive quarter of declining sales and expected a similar slowdown to continue in the current quarter.

Cloud Stocks: Amazon Focuses on AI Tools for Developers

Amazon (NASDAQ: AMZN) recently reported its second quarter results that outpaced market expectations. During the quarter, Amazon continued to add several enhancements to its platform that leverage generative AI capabilities.

Cloud Stocks: Google Expands Generative AI Beyond Bard

Alphabet aka Google (Nasdaq: GOOG) recently reported it’s second quarter results that continued to outpace all market expectations. After the initial hiccups with generative AI, Google has been focused on releasing much more improved generative AI offerings.

Meta Upgrades its AI Game

Meta (Nasdaq: META), formerly Facebook, recently announced its second quarter results that outpaced market expectations. Like others, Meta is also increasing its AI arsenal to offer innovative use cases.