DigitalOcean (DOCN) expands AI partnerships as demand for agentic cloud rises
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DigitalOcean Holdings, Inc. (NYSE:DOCN) has expanded its AI partnerships amid rising demand for agentic cloud services. The company reported impressive third-quarter earnings, with revenues of $230 million, a 16% increase year-over-year, and net income of $158 million, up 381% year-over-year. Additionally, DigitalOcean has a positive growth outlook for the full year 2025, making it one of the best AI stocks to buy under $50.
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