Twilio Stock Surges As AI Turnaround Pulls Wall Street Back In
Shares of Twilio Inc. jumped nearly 15% on Monday, extending a sharp run in the cloud communications stock as investors bought into the company’s AI-driven growth story and improving profit profile. Twilio traded at $218.75, up $28.11, in early afternoon trading, after touching $219.74. The latest quote put the company’s market value at about $34.5 billion.