Cloud Stocks: Nutanix Eyeing International Markets for Growth

The global hybrid cloud market is expected to grow at 20% CAGR to reach $262.4 billion by 2027. Enterprise cloud computing player Nutanix (Nasdaq: NTNX) is cashing in on this growth by expanding its presence in international markets through partnerships and new products.

Featured Videos

Cloud Stocks: Workday has a Milestone Quarter, Builds on its AI and ML Offerings

Enterprise services provider, Workday (NASDAQ: WDAY) recently announced its fourth quarter results that surpassed the market expectations.  It was a milestone quarter for Workday as it surpassed the 10,000 customer mark with more than 4,750 of those being core HCM and finance customers. It continues to improve its market offerings by adding AI and ML capabilities to its product lineup.

Palo Alto Networks Faces Growing Competition from Wiz

According to a recent market report, the global cyber security market size is expected to grow at 13% CAGR from $155.8 billion in 2022 to $376.3 billion by 2029. Security player Palo Alto Networks (NYSE:PANW) continues to invest in product upgrades as it deals with increasing competition.

Cloud Stocks: Shopify Eyeing Enterprise Business with Commerce Components

Ontario-based Shopify (NYSE:SHOP) recently reported its fourth quarter results that continued to outpace market expectations. The company continues to expand its market reach and is now targeting enterprise retailers for its next round of growth.

Cloud Stocks: Freshworks Partners with Meta to Provide its AI-Powered Conversational Bots

Recently listed Freshworks (Nasdaq: FRSH) announced its fourth-quarter results that continued to surpass market expectations. Freshworks remains focused on expanding its market share by targeting mid to enterprise sized organizations. It is addressing their demands by improving its product and partner portfolio.

Cloud Stocks: Atlassian Focuses on Collaboration Tool Capabilities

According to a recent report, the global enterprise collaboration market is estimated to grow from $47.74 billion in 2022 to $54.88 billion in 2023 and at a 14% CAGR to reach a $92.41 billion by 2027. Atlassian (Nasdaq: TEAM) continues to expand its product offerings to expand its market reach.

Cloud Stocks: Twilio Focusing on Health Vertical

Communications PaaS player, Twilio (NYSE: TWLO) recently announced its fourth quarter results that continued to surpass market expectations. The impressive performance sent the stock soaring 15% in the after hours trading session.

Macroeconomic Conditions Hurt Apple, But …

Earlier last week, Apple (Nasdaq: AAPL) announced its first quarter results that failed to meet the market’s expectations. Apple attributed the miss in performance to three key factors – a strong dollar, production issues in China, and the overall macroeconomic environment. However, the silver lining is its growth in the Services Segment and its thriving ecosystem.

Cloud Stocks: Amazon Focused on Expanding Fulfillment with Buy with Prime

Earlier last week, Amazon (NASDAQ: AMZN) announced its fourth-quarter results that surpassed market expectations. With Amazon’s recently launched product upgrades and services, growth in revenue and earnings is expected to continue.

Cloud Stocks: Google Flexes its AI Muscle to Take on ChatGPT

Alphabet (Google) (Nasdaq: GOOG) recently reported its fourth-quarter results that failed to impress the market. Like other tech players, Google too is bracing for economic uncertainty while preparing to take on the growing power of ChatGPT.