Cloud Stocks: Adobe Builds on Firefly Generative AI

Adobe (NASDAQ: ADBE) recently reported its second quarter results that outpaced market expectations. Last quarter, it launched its generative AI tool called Adobe Firefly. Adobe continued to expand its AI capabilities by making Firefly a part of its other offerings.

Featured Videos

Cloud Stocks: DocuSign Focuses on the Healthcare Sector

Digital signature player DocuSign (Nasdaq: DOCU) recently announced its first quarter results that surpassed market expectations. Earlier this year, DocuSign had announced plans to accelerate its product release and focus on profitability. The recent quarterly results revealed a profitable quarter.

Cloud Stocks: NVIDIA Cashes in on AI Growth

According to recent reports, generative artificial intelligence (AI) technology is expected to grow at 58% CAGR to reach $36 billion by 2028 from $3.7 billion this year. NVIDIA (Nasdaq: NVDA) is cashing in on this by expanding its computing offerings to cater to the growing demand.

Cloud Stocks: Veeva Steps Up Its Consulting Engine

Veeva (NYSE: VEEV) recently reported its first quarter results that continued to surpass all market expectations. The market was pleased with its performance, and the stock rallied 7% in the after-hours trading session.

Cloud Stocks: Zscaler adds AI Capabilities to Cyber Security

Cloud security provider Zscaler (NASDAQ: ZS) recently reported its quarterly performance that outpaced market expectations. The company is leveraging AI technology to expand its product offerings and drive growth.

Salesforce Keeps AI Under Control

Salesforce (NYSE: CRM) recently announced its first quarter results that continued to surpass market expectations. Salesforce is seeing the impact of economic pressures as well. Its clients are looking carefully at deals, which is impacting its sales cycle. Despite that, Salesforce remains optimistic about its outlook.

Cloud Stocks: Workday Leverages AI in its Acquisitions

Enterprise services provider Workday (NASDAQ: WDAY) recently announced its first quarter results that surpassed the market expectations. The company continues to expand offerings to diversify its reach within the organization.

Palo Alto Networks Steps up AI Security

Security player Palo Alto Networks (NYSE:PANW) recently announced its quarterly results that continued to outpace market expectations. The company has put a pause on its acquisition spree for now and is instead focused on building its AI-focused product portfolio while improving margins.

Cloud Stocks: Shopify Embeds AI into Shop

Ontario-based Shopify (NYSE:SHOP) recently reported its first quarter results that continued to outpace market expectations. The company is leveraging AI solutions to drive end consumer sales through its platform.

Cloud Stocks: Nutanix Reimagines Data Centric Platform Services

Enterprise cloud computing player Nutanix (Nasdaq: NTNX) recently announced its third quarter results. The market was pleased with Nutanix’s quarterly performance and outlook. Post the results announcement, it’s stock soared 14% in the after-hours trading session.