Reported 2 days ago
Twilio, a leading cloud communications provider, has seen its stock drop 40% since hitting a 52-week high in January, largely due to market uncertainties and a mixed earnings report. However, with the company set to release its quarterly results on May 1 and growing demand for its AI communication tools, investors believe there's significant potential for recovery and growth. The anticipation of increased customer spending on AI products could lead to better-than-expected earnings, suggesting that now may be an opportune time for investors to consider Twilio.
Source: YAHOO