Shares of [cloud provider 8x8](https://www.8x8.com/) are up nearly 40% year-to-date, capitalizing on the rapidly growing $40 billion enterprise communications market. Vik Verma, CEO of 8x8, was with Cheddar to discuss innovations in the industry.
Shares of U.K. chip designer Arm Holdings rose 10% in their stock market debut, in what is the largest initial public offering of shares in nearly two years.