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Stock impact report

Why Is Workiva Inc. (WK) Among the Best Cloud Stocks to Buy According to Short Sellers? [Yahoo! Finance]

Workiva Inc. Class A (WK) 
Last workiva inc. class a earnings: 4/30 04:15 pm Check Earnings Report
US:NYSE Investor Relations: investor.workiva.com/investors/overview
Company Research Source: Yahoo! Finance
The cloud computing market is one of the fastest growing in the technology industry as the ubiquity of the internet allows business to digitally outsource their functions to reduce investment costs and access specialized services. Estimates show that the cloud computing market was worth $480 billion in 2022, and despite its heft, it is expected to grow at a compounded annual growth rate (CAGR) of 17% to be worth a whopping $2.2 trillion by the end of 2032. The three segments of the cloud computing industry are infrastructure as a service (IaaS), software as a service (SaaS), and platform as a service (PaaS). READ ALSO 13 Best Tech Stocks to Buy According to Short Sellers and 8 Best EV Stocks According to Short Seller Sentiment This market, like other mega technology industries, is dominated by mega cap technology companies. As per research from Gartner, the global IaaS market is dominated by five services as of 2023 end. These are AWS, Azure, Google Cloud, Aliyun, and Huawei Clou Show less Read more
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