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NASDAQ:DO 26 January 2026

DigitalOcean stock jumps nearly 15% as AI-inference push keeps buyers in control

DigitalOcean stock jumps nearly 15% as AI-inference push keeps buyers in control

DigitalOcean shares jumped 14.9% to $61.58 on Monday, hitting a new 52-week high as investors piled into smaller cloud and AI infrastructure stocks. The rally followed recent analyst upgrades and news that DigitalOcean’s AI Inference Cloud Platform doubled throughput for Character.ai while halving costs. Vinay Kumar was named chief product and technology officer last week. Earnings are expected Feb. 24, according to MarketBeat.

Stock Market Today

  • Russell 2000 Hits Correction Territory Amid Oil Price Surge and Economic Worries
    March 20, 2026, 2:58 PM EDT. The Russell 2000 small-cap index has dropped over 10% from its recent peak, marking the first major U.S. benchmark to enter correction territory, defined as a decline between 10% and 20%. The index, initially outperforming in 2026, fell sharply due to a surge in Brent crude oil prices amid the Iran war, highlighting small caps' sensitivity to cyclical sectors and economic downturns. Other major indexes are close behind, with the Dow and Nasdaq down over 9%, and the S&P 500 falling by more than 6%, signaling broader market pressures.
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