Why Are Cloudflare (NET) Shares Soaring Today
Update: 2025-10-31
Description
Cloudflare's shares surged by over ten percent after announcing impressive quarterly results, driven by increased demand for security products and their popular developer platform, Workers. The company's strong results, including revenue growth of over thirty percent and beating Wall Street's expectations, led to a new yearly high for their stock. Despite recent trade worries, investors were optimistic about Cloudflare's future, with the company raising their forecasts for full-year profit and next quarter's revenue.
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