Tag: forecast raise
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Cloudflare shares jump after forecast raise on higher AI-driven spending
Aug 7 : Cloudflare shares rose 16 per cent before the bell on Friday after the cloud services firm raised its annual forecasts, betting that growing enterprise spending on AI infrastructure would drive demand for its networking and security products.The results, reported after markets closed on Thursday, add
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Airbnb shares gain as investors cheer revenue forecast raise, AI payoff
Aug 7 : Airbnb shares rose 9 per cent in premarket trading on Friday as the vacation-rental firm’s raised annual revenue forecast eased worries over the fallout on global travel demand from the conflict in the Middle East.As the war in Iran enters its sixth month, hotel operators and online travel agencies ar
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Cloudflare shares jump after forecast raise on AI-driven demand
Aug 7 : 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 per cent at $330.51, follow Amazon.com’s strongest
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