🔴 DigitalOcean is trading 4.1% down today as investors digest gains from its record Q2 preannouncement and AI demand surge

DigitalOcean is trading 4.1% down at $121.08 as investors digest recent gains following a sharp rally triggered by its record Q2 2026 preannouncement and surging AI demand.

• Management guided for approximately 29% Q2 revenue growth and Remaining Performance Obligations (RPO) above $800 million, a 10x year-over-year increase.
• The growth is driven by multiple nine-figure AI inference commitments and a significant uptick in AI-related infrastructure demand.
• Shares had previously jumped nearly 10% following the July 7 update before easing in the current session.