WS #13581
Cloudflare, Airbnb, Twilio, and IonQ reported strong Q2 results, with Cloudflare and Twilio surging on beats and raised guidance. Meta ordered to pay $942M in a separate case, adding to the $567M New Mexico penalty, increasing regulatory overhang. KOSPI down 5% for the week on AI-capex and returns concerns, with Samsung, SK Hynix, and Kioxia falling sharply.
Tech earnings after-hours
Cloudflare, Airbnb, Twilio, and IonQ reported strong Q2 results, with Cloudflare and Twilio surging on beats and raised guidance.
Meta ordered to pay $942M in a separate case, adding to the $567M New Mexico penalty, increasing regulatory overhang.
KOSPI down 5% for the week on AI-capex and returns concerns, with Samsung, SK Hynix, and Kioxia falling sharply.