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Ark Invest Dumps Roblox and Loads Up on Cloudflare. Here’s Why

By Trader Edge at 2026-10-04 06:39

Sentiment: Negative

TLDR Cloudflare Q2 revenue hit $696.1M, up 35.9% year over year, beating estimates of $664.7M Adjusted EPS of $0.29 topped the $0.27 consensus forecast Full-year 2026 revenue guidance raised to $2.864B-$2.870B Multiple Wall Street analysts raised price targets, with Goldman Sachs lifting its target to $389 ARK Invest bought 114,134 Cloudflare shares while selling over [...] The post Ark Invest Dumps Roblox and Loads Up on Cloudflare. Here’s Why appeared first on CoinCentral. Continue reading...

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