🟢 Cloudflare is trading 16% up today in pre-market after Q2 revenue growth and raised EPS guidance

Cloudflare is trading 16.48% up now at $331.30 after reporting second-quarter revenue of $696.1 million, up 36% year over year, and raising full-year adjusted EPS guidance to $1.25–$1.26.

• Management cited strong large-customer growth and AI-driven demand, including its “agentic internet” strategy.
• The reaction is especially notable because software-sector sentiment is weak pre-market, making the company-specific catalyst the primary explanation.