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Why the SaaS Cloud Boom has Room to Run (USAQ, WDAY, SHOP, ADBE)

The pandemic may be coming to a close – we hope! – but the boom in Software-as-a-Service (“SaaS”) stocks may be just beginning. The thinking last year was about the expanding market in the depths of the pandemic for services catering to life online. This idea merged with the evolution of the software space granting boomtimes to the SaaS space as droves of companies shifting from selling software products with licenses in a product cycle to selling subscriptions to a software service tha...
United States United Kingdom Adam Kovalevsky Shantanu Narayen Troy Grogan United States Equities Corp

Earnings Roundup: Adobe, Kroger, The Honest Company, and More

Author Bio Full-time host of the Motley Fool Money radio show, MarketFoolery podcast, and other things. Part-time connoisseur of movies, basketball & fine bourbon. Adobe (NASDAQ:ADBE) hits an all-time high on earnings. Kroger (NYSE:KR) raises guidance and announces a $1 billion stock buyback authorization. The Honest Company (NASDAQ:HNST) issues its first report as a public company. Homebuilder Lennar (NYSE:LEN) posts strong profits, and electric-truck maker Lordstow...
United States Jessica Alba Mark Greer Ron Gross Steve Burns Jason Moser
Source: fool.com

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