Stocks making big moves this week: Lazard, Cloudflare, DigitalOcean, Sonos, and Carnival
DigitalOcean shares jumped over 10% after strong preliminary Q2 results and a surge in AI-driven contracted revenue, though heavy insider selling and a 57x P/E ratio warrant caution.
Revenue growth expected to accelerate to 29%, up from 14% in same quarter 2025 RPO expected to increase by over $550M in Q2 2026 Expects...
A Russell 1000 debut, booming AI demand, and strong earnings have fueled a massive rally, but investors are now weighing whether the valuation has run too far.
Move into the large-cap index reflects DigitalOcean's growing scale, durable business model, and consistent execution.
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