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Now Could Be the Time to Buy Twilio Stock

The Nasdaq Composite index has rallied substantially off of its lows in mid-June. High-growth cloud communications platform Twilio (NYSE: TWLO) was left out, though. This is in spite of Twilio significantly beating its outlook for the second quarter of 2022. Read More...

Motley Fool

Why StoneCo Stock Fell Hard Today

Shares of StoneCo (NASDAQ: STNE), a cloud-based technology platform, plummeted Friday morning after the company reported its second-quarter results, which disappointed investors, and announced yet another shift to its management team. The company reported non-GAAP (adjusted) earnings of 0.25 Brazilian reals (equivalent to $0.05), which was an increase from a loss of 0.48 reals in the year-ago quarter, but was below Wall Street’s consensus estimate of about 0.57 reals, or $0.11 per share. StoneCo’s revenue in the quarter was 2.3 billion reals (about $442 million), 5% higher than the company’s guidance, and up 275% from the year-ago quarter.

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