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The AI-Opex Complex Just Reported

Thomas Look's avatar
Thomas Look
Aug 07, 2026
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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…

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