Twilio is trading 4.5% down at $197.33 amid a wider risk-off move hitting technology and software stocks.
- US equity futures are sharply lower, with Nasdaq futures down nearly 2% as investors digest higher-rate fears and AI infrastructure spending concerns.
- Escalating U.S.-Iran tensions are further weighing on risk sentiment, contributing to the sector-wide decline.
- There is no fresh, company-specific news this morning; the drop is primarily tied to macro pressure and recent market volatility.