DigitalOcean Holdings Stock News

Investors looking to buy a potential AI winner trading at a reasonable valuation should consider taking a closer look at this company.

NEW YORK--(BUSINESS WIRE)--DigitalOcean Holdings, Inc. (NYSE: DOCN), the simple scalable cloud, today introduced scalable storage for DigitalOcean's Managed MongoDB offering, giving users the ability to scale their cloud storage capacity independently of other compute requirements. This new functionality will provide customers with greater flexibility to adapt to growing data demands and fluctu...

Mid-cap company DigitalOcean is competing against Microsoft Azure, Amazon Web Services, and Google Cloud.

Enterprise technology providers from Palantir to Lumen are riding an new wave of artificial intelligence (AI) adoption.

It's an odd reaction from investors considering the relatively strong numbers it just reported.

DigitalOcean Holdings, Inc. (NYSE:DOCN ) Q3 2024 Earnings Conference Call November 4, 2024 8:00 AM ET Company Participants Melanie Strate - Head, Investor Relations Paddy Srinivasan - Chief Executive Officer Matt Steinfort - Chief Financial Officer Conference Call Participants Raimo Lenschow - Barclays Mike Cikos - Needham James Fish - Piper Sandler Gabriela Borges - Goldman Sachs Jeff Hickey -...

NEW YORK--(BUSINESS WIRE)--DigitalOcean Holdings, Inc. (NYSE: DOCN), the simplest scalable cloud, today announced results for its third quarter ended September 30, 2024. “We had a successful quarter, enabling us to raise our full year revenue guidance while still maintaining full year free cash flow margin guidance,” said Paddy Srinivasan, CEO of DigitalOcean. “We continued to accelerate innova...

NEW YORK--(BUSINESS WIRE)--DigitalOcean Holdings, Inc. (NYSE: DOCN), the simplest scalable cloud, today announced a strategic partnership with Hugging Face, the leading open-source and open science platform that helps users build, deploy and train machine learning (ML) models. The cornerstone of this new partnership will be the newly available 1-Click Models powered by Hugging Face HUGS (Huggin...