I have to go back to my vacation but we should probably do a TA master Class on Cloudflare - It's an interesting chart. We have had a wind change! Black flies off the beach. See Ya! ->NET Cloudflare, Inc. @$69 $69.01 +2.08 (+3.11%)
ARE YOU ROLLING WITH STONEY-? Symbol Last Price Change % Change ->STEM Stem, Inc. 7.15 +0.53 +8.01% ->AUR Aurora Innovation, Inc. 3.1793 +0.2293 +7.7729%
We had a very dumb trade to $73 or something// it turned over I bailed. Now bigger picture recent malaise may be part of a bigger pattern. This thing fell a ton and it rebounded 30+% but really over the last month it has sat out the rally. Might be one of the few--
This is a good sign folks, 10 mil VOL HERE WE GO --! Aurora Innovation, Inc. (AUR)- MAY YOU SLIP THE BONDS OF EARTH..... NasdaqGS - NasdaqGS Real Time Price. 3.2900+0.3400 (+11.5254%)<--------------
1 / 2 Cloudflare (NET) to Report Q2 Earnings: What's in the Offing? Mon, July 31, 2023 at 10:42 AM EDT> Cloudflare NET is scheduled to report its second-quarter 2023 results after market close on Aug 3. The company projects second-quarter revenues in the band of $305-$306 million. The Zacks Consensus Estimate for the top line is currently pegged at $305.6 million, indicating an improvement of 30.3% year over year. Cloudflare expects non-GAAP earnings per share between 7 cents and 8 cents. The consensus mark for the same is pegged at 7 cents per share, implying a robust improvement from the year-ago quarter breakeven. The web infrastructure and website security solution provider projects non-GAAP income from operations between $14 million and $15 million. NET’s earnings beat the Zacks Consensus Estimate in all the trailing four quarters, the average surprise being 83.3%. Factors to Note Cloudflare’s second-quarter performance is likely to have benefited from solid demand for security solutions, which became imperative due to aggravated cyberattacks, hybrid working trends and a zero-trust approach. The to-be-reported quarter’s top line is likely to have witnessed the impact of accelerated global footprint expansion outside the United States. It is worth mentioning that the United States, EMEA and APAC represented 52.7%, 27% and 13.5% of the total revenues, respectively, in the first quarter. Moreover, a diversified customer base is likely to have contributed to NET’s second-quarter top line. It added around 6,073 new paying customers in the last reported quarter, bringing the total count to approximately 168,159 across more than 170 countries. Cloudflare added 114 new large customers (annual billings of more than $100,000), taking the total count to 2,156 at the end of the first quarter, up from 2,042 recorded at the end of the fourth quarter of 2022. This uptrend, which has prevailed for the past several quarters, is likely to have continued in the to-be-reported quarter as well, backed by elevated demand for its cloud-based solutions amid the ongoing digitalizing trend. The company's recurring subscription-based business model has been providing relative stability to its top line amid post-pandemic disruptions. However, Cloudflare’s significant exposure to small and medium businesses, the worst-hit cohorts by the pandemic and ongoing geopolitical uncertainties worldwide is likely to have weighed on its performance in the quarter to be reported.
Beneficial owner of Yellow Corp(YELL)MFN Partners purchased 7,105,388 shares of company stock at 61c per share for a total transaction amount of $4,361,287
Beneficial owner of Acumen Pharmaceuticals(ABOS)RA Capital purchased 5,161,290 shares of company stock at $7.75 per share for a total transaction amount of $39,999,998