What the pre-market is doing
Cloudflare trades at 330.50 in the pre-market against a 284.43 close — up 16.2% on its Thursday-evening print. Twilio trades at 226 against 193.20, up 17.0%. Both reported strong beats and both are being paid without hesitation.
That completes a natural experiment the punishment-phase read set up yesterday: Datadog, which beat…



