DigitalOcean is trading at $132.03 (4.5% up) in pre-market, extending its rebound from the recent tech selloff following a preannouncement of record Q2 results and accelerating AI-related infrastructure demand.

  • The move builds on momentum from the July 7 preannouncement, which highlighted record performance and rising Remaining Performance Obligations (RPO).
  • Investors remain focused on the company's ability to capture AI customer ARR despite broader sector volatility.