Cloud Stocks: Veeva Addresses Weak Market by Expanding Offerings

The global healthcare cloud computing market is expected to grow 18% annually to reach $320.9 billion by 2034 from $41.1 billion in 2024. The growth in the market is estimated to be driven by the increasing adoption of AI and data analytics in the industry along with the expansion of telehealth and remote monitoring capabilities. Veeva (NYSE: VEEV) recently announced its quarterly results that continued to impress the market, but the weak outlook dimmed market expectations.

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Cloud Stocks: Workday Focuses on AI Offerings to Combat Macro Conditions

Enterprise services provider Workday (NASDAQ: WDAY) recently announced its first quarter results that surpassed market expectations. Due to the macro conditions, Workday reduced its subscription outlook for the year, sending the stock falling 11% in the after-hours trading session.

Cloud Stocks: Will Google Acquire HubSpot and Enter the SaaS Business?

Inbound marketing specialist HubSpot (NYSE:HUBS) recently reported its first-quarter results that continued to outpace market expectations. The company is seeing strong interest in the market because of talks about its acquisition by Google.

Cloud Stocks: Nutanix Continues to Target VMWare’s Market

Earlier last month, enterprise cloud computing player Nutanix (Nasdaq: NTNX) announced its third quarter results that surpassed market expectations. But the depressing outlook driven by macro conditions sent the stock falling 22% in the after-hours trading session.

Palo Alto Networks Addresses AI’s Cyber Threat

According to a recent research report, the AI cybersecurity market is expected to grow to $102.78 billion by 2032. AI may be beneficial to enterprises, but it is also being used for evasive zero-day attacks that traditional security solutions cannot detect. Palo Alto Networks (NYSE: PANW) is looking to tackle this by securing AI-led attacks across the entire cyber landscape of the organization.

Cloud Stocks: Salesforce Embeds AI All Across

Last week was not a great one for Salesforce (NYSE: CRM) when it announced its first quarter results. The disappointing performance, coupled with a rather weak outlook sent the stock falling 20% in the after-hours trading session. It was the worst day for the stock in the past 20 years.

Cloud Stocks: MongoDB Leverages AI-Focused Partners for App Development

MongoDB (Nasdaq: MDB) recently reported its first quarter results that surpassed market expectations. However, the weaker outlook for the year and the second quarter sent the stock 23% down in the after-hours trading session.

Cloud Stocks: BlackLine Builds on its AI Offerings

Accounting software solution provider BlackLine (NASDAQ: BL) recently announced its first quarter results that outpaced market expectations. BlackLine continued to add innovative AI-based capabilities to its offerings.

Cloud Stocks: Analysis of ServiceNow’s Q1 Acquisitions

Last month, ServiceNow (NYSE:NOW) reported its first quarter results that soared past market expectations. Its outlook was marginally shy of the market’s expectations due to continued macro pressures.

Cloud Stocks: Twilio Builds its AI Portfolio

Communication Platform as a Service (CPaaS) player Twilio (NYSE: TWLO) recently announced its first quarter results that outpaced market expectations. Twilio continues to focus its efforts on integrating its Segment acquisition into the core business.