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Cloudflare (NET) Jumps on AI Demand as CrowdStrike (CRWD) Sets a High Bar
Insider Monkey4d agobullish
Cloudflare (NET) Jumps on AI Demand as CrowdStrike (CRWD) Sets a High Bar

Cloudflare, Inc. (NYSE:NET) shares jumped more than 16% in pre-market trading on Friday after the company reported better-than-expected second-quarter financials and third-quarter guidance, reinforcing the view that demand for its networking and security products is ramping up. The company reported second-quarter adjusted earnings of 29 cents per share on revenue of $696.1 million, beating estimates […]

Cloudflare second quarter results boosted by strong AI demand
Proactive4d agoneutral
Cloudflare second quarter results boosted by strong AI demand

Cloudflare (NYSE:NET) shares were set to open sharply higher on Friday after the cloud connectivity company reported second quarter results that topped analyst expectations and issued stronger-than-expected guidance for the current quarter. Shares of Cloudflare were indicated to open about...

Investing.com4d agobullish
Doximity, Cloudflare and Atlassian surge premarket

Investing.com - U.S. stock index futures edged higher on Friday, as investors turned their attention to the upcoming monthly jobs report for clues on the Federal Reserve’s interest-rate path, while a fresh batch of corporate earnings drove sharp moves across individual stocks.

Cloudflare shares jump after forecast raise on AI-driven demand
Reuters4d agobullish
Cloudflare shares jump after forecast raise on AI-driven demand

Cloudflare shares rose before the bell on Friday after the cloud services firm raised its annual ‌forecasts, betting that resilient AI-driven demand will sustain traffic across ‌its network. Quarterly results of Cloudflare, whose shares were last up 16.2% at $330.51, follow ​Amazon.com's strongest cloud growth in more than four years. Cloudflare now expects full-year revenue of $2.86 billion to $2.87 billion, up from its prior expectation of $2.805 billion to $2.813 ⁠billion.

Cloudflare shares jump after forecast raise on AI-driven demand
Reuters4d agobullish
Cloudflare shares jump after forecast raise on AI-driven demand

Cloudflare shares rose before the bell on Friday after the cloud services firm raised its annual ‌forecasts, betting that resilient AI-driven demand will sustain traffic across ‌its network. Quarterly results of Cloudflare, whose shares were last up 16.2% at $330.51, follow ​Amazon.com's strongest cloud growth in more than four years. Cloudflare now expects full-year revenue of $2.86 billion to $2.87 billion, up from its prior expectation of $2.805 billion to $2.813 ⁠billion.

Cloudflare Shares Surge After Strong Second-Quarter Results and Higher 2026 Outlook
InvestorsHub4d agobullish
Cloudflare Shares Surge After Strong Second-Quarter Results and Higher 2026 Outlook

Cloudflare (NYSE:NET) shares jumped around 16% in premarket trading on Friday after the cloud networking and cybersecurity company reported second-quarter results that exceeded Wall Street expectations and raised both its quarterly and full-year guidance. The company delivered better-than-expected earnings and revenue, reflecting continued demand for its cloud infrastructure and artificial intelligence services.

Cloudflare raises annual outlook above market estimates on AI-driven demand
Reuters5d agoneutral
Cloudflare raises annual outlook above market estimates on AI-driven demand

Cloudflare raised its full-year revenue forecast above Wall Street expectations after strong ‌quarterly results, betting that the rapid rise ‌of AI agents will keep driving traffic across its network, sending ​its shares up 18% after the bell. The race to build and scale AI agents has led more businesses to rely on Cloudflare's network to safely route ‌traffic and run ⁠those tools, boosting demand for its cloud and security products. Here are more details: • ⁠Cloudflare raised its annual revenue forecast to a range of $2.86 billion to $2.87 billion, from $2.805 billion to $2.813 billion ​previously, and ​above analysts' average estimate ​of $2.81 billion, according to ‌LSEG-compiled data.