On July 21, DigitalOcean Holdings rose 6.1% in regular trading, trading at 130.57 USD/share, with turnover of approximately $76.8 million.

On the news front, the company previously announced it expects Q2 revenue to grow approximately 29% year over year, with remaining performance obligations projected to exceed $800 million — representing more than a tenfold increase from the prior-year period. The company also disclosed the signing of multiple nine-figure annual customer commitments for its AI inference and cloud products. Adjusted EBITDA margin and non-GAAP earnings per share are expected to reach or exceed the high end of previously issued guidance. UBS noted results were better than expected, citing the Richmond data center approaching full capacity as a core driver.

Within the Internet Services & Infrastructure sector, AI infrastructure names continued their strong run, providing sector-wide support. Among individual stocks, CoreWeave up 5.39%, Applied Digital up 7.5%, Snowflake up 0.62%, Cloudflare up 0.01%, while Shopify declined 1.75%.

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