Google Cloud Platform currently owns a 9 percent share in the cloud market. The platform is a top choice for businesses seeking cloud-based artificial intelligence (AI) and machine learning services. Microsoft has a massive customer base due to its wide product portfolio that ranges from office productivity applications to game consoles and artificial intelligence. The company uses its extensive reach to boost Azure’s market share by integrating its cloud services with products like Office 365.

International Business Machines (NYSE: IBM)

• PaaS is a platform for creating software delivered through the Internet.
• OKTA also provides Universal Directory, a cloud-based system of record to store and secure user, application, and device profiles for an organization.
• The company also is helping lead the way in a variety of fields, including autonomous driving (Waymo), AI video generation (Veo 2), and quantum computing (with its Willow chip).
• NOW’s revenue has grown at a CAGR of 23.7% over the past three years, and its operation income has risen by a CAGR of 73.8% over the same time frame.

She holds a bachelor’s degree in finance and marketing and is pursuing the CFA program.Her fundamental approach to analyzing stocks helps investors identify the best investment opportunities. NTCT delivers unmatched service visibility and protects the digital infrastructure that supports our connected world. Zacks Rank #1 Five9 provides intelligent cloud software for contact centers in the United States, India, and internationally. FIVN offers a virtual contact center cloud platform that delivers a suite of applications, which enable the breadth of contact center-related customer service, sales, and marketing functions.

Leading AI Stock Clears Key Hurdle Ahead of Earnings: Time to Buy?

Snowflake could, nevertheless, be a very promising investment for the long term. Software company Adobe (ADBE -0.35%) got its start in an IT era that predates both the cloud and the internet. But it has transformed itself into a leader in cloud services by adapting its large and expanding platform to the cloud era.

In addition to online inventory, TTD carries digital ad inventory for TV networks at ViacomCBS (VIAC), Fox (FOXA) and Discovery (DISCA). Digital sales channels such as TTD can also be used by streaming services like Roku (ROKU) and Apple TV. The company’s decision in 2014 to commit to the cloud and make Satya Nadella its CEO has delivered shareholders a 36% average annual gain over the past five years. Microsoft is now the second most-valuable company in the world, trailing only Apple (AAPL). Microsoft (MSFT, $203.85) offers a way for even the most conservative of investors to join the rush to cloud applications.

How is the Stock Market Like a Helium Balloon?

Key partnerships, like those with Apple Pay and Hotels.com, play a vital role in AFRM’s expansion. It has officially expanded to the United Kingdom, through a partnership with Alternative Airlines. Tapping into industries like travel, hospitality, and technology bodes well for the company.

It ended the second quarter with a dollar-based net expansion rate of 120%, which indicates its revenue from its existing customers rose 20% year over year. For the full year, Zendesk expects its revenue to rise 28% to $1.31 billion. A technical analyst using a cloud-based analytics dashboard for financial services. The best stocks to buy in the Cloud computing category, are CoreWeave (currently trading at $145.93 with an AI Score of 80) and SentinelOne (currently trading at $18.22 with an AI Score of 78).

The company’s EPS for the same quarter is expected to increase 2.5% year-over-year to $0.47. Also, NTNX surpassed the consensus revenue and EPS estimates in each of the trailing four quarters, which is impressive. It is ranked #13 out of 39 stocks in the B-rated Software – Business industry. In the fiscal third quarter ended September 30, 2024, NOW’s non-GAAP total revenues increased 22% year-over-year to $2.79 billion. Its non-GAAP income from operations was $872 million, up 31% from the year-ago value.

How to invest in stocks of cloud technology companies

While not without risks, this is a huge megatrend that is benefiting several companies. One risk would be overbuilding data center capacity that does not get used, although some cloud providers have argued that the bigger risk is underinvesting and falling behind. We have a basic stock trading course, swing trading course, 2 day trading courses, 2 options courses, 2 candlesticks courses, and broker courses to help you get started. We will help to challenge your ideas, skills, and perceptions of the stock market. Every day people join our community and we welcome them with open arms.

Is it good to invest in cloud storage?

• Some of the leading companies include CoreWeave, SentinelOne, Research Solutions, among others.
• A close up view of a laptop computer, the cloud computing platform displayed on the screen.
• Through the first three quarters of fiscal 2025, moreover, Snowflake reported free cash flow of $468.6 million.
• Let’s take a look at three top names in this sector that are worth buying right now.

In fact, cloud computing is so valuable that research from Bloomberg shows that AWS alone can reach a whopping valuation of $3 trillion. To wit, only the world’s biggest companies have crossed this metric, so this figure shows the potential that’s present Cloud stocks in this industry. This isn’t the only time that a trillion dollar figure has been chosen to describe cloud computing’s potential. One of the biggest benefits of cloud computing is that it allows businesses to save on costs by outsourcing their hardware procurements. Each day our team does live streaming where we focus on real-time group mentoring, coaching, and stock training.

Global X Cloud Computing ETF

Stifel analyst Tom Roderick called the company’s first-quarter numbers a “jaw dropper” but is concerned about the company’s valuation. He too makes dot-com comparisons and says the good news is well priced into the stock. What’s nice is that Fastly’s software allows even smaller companies to create a global footprint.

Outside of cloud computing, Alphabet is the leader in digital advertising through its Google search engine and YouTube streaming platform, which is the most viewed video platform in the world. The company also is helping lead the way in a variety of fields, including autonomous driving (Waymo), AI video generation (Veo 2), and quantum computing (with its Willow chip). BAH is benefiting from its Vision 2020 strategy, which has accelerated organic revenue growth, strengthened its profitability and fetched significant headcount and backlog growth. BAH’s VoLT strategy focuses on integrating velocity, leadership and technology in the process of transformation. PSN is focused on the defense, intelligence and critical infrastructure markets.

The information provided is for educational and informational purposes only and should not be construed as financial or investment advice. Conduct your own research or consult a qualified professional before making any investment decisions. Zacks Rank #1 Juniper Networks reported impressive first-quarter 2025 results, with both the top and bottom lines surpassing the Zacks Consensus Estimate.