Facebook Soars Despite Political Concerns

Facebook (Nasdaq: FB) recently reported its second quarter results that surpassed the market’s expectations. But the company continues to struggle with its stand on political advertising. As the US gets ready for the Presidential elections, the scrutiny on Facebook’s stance is increasing.

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Cloud Stocks: Cloudera Powers its Data Platform with Partnerships

Enterprise data software company Cloudera (NYSE: CLDR) recently topped revenue and earnings estimates for its first quarter, but its outlook was disappointing. 

Cloud Stocks: ServiceNow Expands Ties with Zoom

Earlier this week, ServiceNow reported its quarterly results that surpassed market expectations. Despite the COVID-19 crisis, it crossed a milestone of $4 billion ARR for subscriptions in the quarter. And, it shows no signs of slowing down.

Cloud Stocks: Tenable Expands Into Industrial Cyber-Security

According to a recent MarketsandMarkets report, the global Security and Vulnerability Management Market size is expected to grow 4.5% annually to $15.5 billion by 2025 from $12.5 billion in 2020. The growth in the market is attributed to the increasing number of cyber attacks, and the increasing cyber awareness across developing economies.

Cloud Stocks: SAP Rethinks Qualtrics Acquisition

Earlier this week, SAP (NYSE:SAP) announced its second quarter results for the year that surpassed market expectations. But the big news was all about its plans for Qualtrics.

Cloud Stocks: Nutanix Focuses on Government and Media Verticals

According to a recent report by Fortune Business Insights, the global cloud computing market size is expected to grow at 19% CAGR to reach $760.98 billion by 2027. The recent COVID-19 crisis has accelerated some of this transition to the cloud. Enterprise cloud computing companies like Nutanix (Nasdaq: NTNX) are seeing strong revenue growth as well.

Cloud Stocks: Investors Say Yes to nCino’s IPO

Earlier this month, cloud-based FinTech company nCino went public on the NASDAQ exchange under the ticker NCNO. In this booming stock market for cloud players, nCino’s stock surged 196% on the first day.

Cloud Stocks: Microsoft Rides High on Teams and Gaming

Earlier this week, Microsoft (NASDAQ: MSFT) reported its fiscal fourth quarter results that surpassed all market expectations. Growth in Teams, Cloud, and Gaming segments helped drive growth for the quarter. But the market was not too impressed as Cloud revenue growth was slower than expected.

Cloud Stocks: One Medical Supports COVID-19 Care Digitally

According to a recent report, the global digital health market size is expected to grow from $103.1 billion at 25% CAGR to reach $385.8 billion by 2025. Digital health industry is the integration of emerging technology with wellness, education, living, and community to drive healthcare delivery quality and make medicine more personal and accurate. One Medical (NASDAQ: ONEM), also known as 1Life Healthcare, is among the leading primary care platforms in the country. One Medical went public earlier this year and has had a bumpy ride so far.

Cloud Stocks: IBM Expands Cloud Partners

IBM (NYSE: IBM) reported its second quarter results earlier this week that surpassed market expectations inspite of being impacted by the Covid-19 crisis. The company is benefitting from its cloud investments and it continues to tie up with strategic partners to drive this growth.