NET News and Press, Cloudflare Inc - Class A From 07/07/24

2024-07-07 10:00:00 ET Summary Cloudflare plans to dominate the AI inference market with their distributed network capabilities. Despite the strong growth potential in the AI market, the company offered up disappointing Q2 guidance, raising concerns about short-term performance. ...

2024-07-07 08:41:58 ET Summary Cloudflare is enhancing their go-to-market strategy to drive growth; however, management maintained their initial eFY24 guidance despite growing the sales team. Cloudflare faces a challenging macro environment and may experience longer lead times as ...

2024-07-05 09:04:38 ET Summary Cloudflare stock is down 12% since the last bearish thesis. Revenues have grown by double-digits, while margins have improved and customer retention has been stabilized. There is potential for increased sales through Apple Intelligence and Worker...

2024-07-04 03:42:45 ET Summary SaaS companies have strong growth potential in an ever-expanding TAM. The SaaS business model is unique and has a host of key operating and financial metrics to analyze. Certain metrics, such as Rule of 40, are key in determining a company’...

2024-07-03 11:47:07 ET Summary Cloudflare, Inc. has a high valuation, priced at 88x next year's non-GAAP operating profits, making it one of the most expensive SaaS stocks. Despite the high valuation, Cloudflare's rapid revenue growth and strong profitability make it a reasonable ...

Issued on behalf of Avant Technologies Inc. VANCOUVER – USA News Group – The world is changing rapidly thanks to artificial intelligence (AI), with what’s being called the Transformative AI era which comes with great benefits and also potential dan...

2024-06-25 12:54:45 ET Summary Snowflake Inc. stock has declined by 70% from its peak valuation of $420 due to the AI selloff and other factors. Snowflake has significant untapped AI potential, making it a possible buy opportunity with limited downside. Snowflake is cheaper th...

2024-06-25 12:14:00 ET Summary Pfizer CEO announced testing of three new weight loss drugs, one with a different mechanism than current GLP-1 agonists. Consumer confidence slightly down in May, with expectations index falling. Tesla recalls thousands of Cybertrucks over wiper ...

2024-06-25 11:26:42 ET Cloudflare Inc. (NYSE:NET) has been a standout in the tech sector, known for its robust cloud networking and cybersecurity services. As of today, the stock is trading flat year-to-date at around $80 but significantly down from its February peak of $116. This down ...

2024-06-25 09:21:00 ET U.S. stock index futures on Tuesday pointed to a largely higher open, as Wall Street looks to snap a three-day losing streak. Market participants looked ahead to a busy economic calendar and several Federal Reserve speakers. Here are some stocks to watch on Tuesda...