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SAN FRANCISCO--(BUSINESS WIRE)--Cloudflare announced AI Audit, a set of tools to help websites of any size analyze and control how their content is used by AI companies.
Cloudflare (NET) closed the most recent trading day at $82.45, moving -0.46% from the previous trading session.
In the most recent trading session, Cloudflare (NET) closed at $78.59, indicating a -0.34% shift from the previous trading day.
Cloudflare is still expanding its cloud-based CDN and security platforms. MicroStrategy is becoming an all-in bet on Bitcoin.
Zacks.com users have recently been watching Cloudflare (NET) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
Cloudflare stock has performed well since my previous upgrade, outperforming the S&P 500 easily. Its global networking platform is fundamental to its edge computing growth thesis. Cloudflare's CapEx investments helped build a robust competitive advantage that's challenging to replicate.
I had upgraded Cloudflare stock to a “buy” in my previous rating in May as the selloff presented an attractive entry point given the company's strong execution in the enterprise market. Cloudflare reported its Q2 FY24 earnings where revenue and earnings grew 30% and 180% YoY respectively as $100K+ customers grew 30% and sales productivity expanded in double digits. While there are risks associated with declining retention rates, along with tougher comps, the management raised its guidance for FY24 with an expected non-GAAP operating margin of 12%.
Aerospace and defense giant Northrop Grumman has raised its dividends annually for 21 consecutive years. Cybersecurity specialist Cloudflare is growing revenue in tandem with an increased demand for its security services.
VANCOUVER, BC , Aug. 29, 2024 /PRNewswire/ - Luca Mining Corp. ("Luca" or the "Company") (TSXV: LUCA) (OTCQX: LUCMF) (Frankfurt: Z68) is pleased to announce its financial results for the six months ended June 30, 2024. Highlights Record Net Quarterly Revenue for Q2 2024 of US$18.2 million, up 49% from Q2 2023.
Cloudflare (NET) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.