U.S. Stock Movement | AI application concept stocks collectively surged, Twilio rose over 15% after earnings
On Friday, U.S. stock AI application concept stocks collectively surged, with Twilio and Reddit rising over 15% after earnings, Cloudflare up over 11%, Palantir nearly 4% hitting a new high, and Applovin up over 3%. In terms of news, Twilio released its third-quarter financial report, with revenue of $1.3 billion, a year-on-year increase of 15%, and non-GAAP operating income of $235 million, a year-on-year increase of 29%, both exceeding analyst expectations; at the same time, it raised its full-year revenue growth forecast to 12.5% and increased its free cash flow guidance to $920 million to $930 million. Additionally, Reddit released its third-quarter financial report, with revenue increasing 68% year-on-year to $585 million, exceeding analyst expectations. Reddit raised its fourth-quarter revenue guidance to $655 million to $665 million, higher than analyst expectations
According to Zhitong Finance APP, on Friday, AI application concept stocks in the US stock market collectively surged, with Twilio (TWLO.US) and Reddit (RDDT.US) both rising over 15% after earnings, Cloudflare (NET.US) up over 11%, Palantir (PLTR.US) nearly 4% reaching a new high, and Applovin (APP.US) up over 3%. In terms of news, Twilio released its third-quarter financial report, with revenue of $1.3 billion, a year-on-year increase of 15%, and non-GAAP operating income of $235 million, a year-on-year increase of 29%, both exceeding analyst expectations; at the same time, it raised its full-year revenue growth forecast to 12.5% and increased its free cash flow guidance to $920 million to $930 million.
In addition, Reddit released its third-quarter financial report, with revenue increasing by 68% year-on-year to $585 million, exceeding analyst expectations. Reddit raised its fourth-quarter revenue guidance to $655 million to $665 million, higher than analyst expectations
