Editorial companion

What stands out

Friday opened with three cloud and software names, Atlassian (TEAM), Twilio (TWLO) and Cloudflare (NET), staging sizable market moves after beating estimates and pushing guidance higher. Sam Vadas and Nicole Petallides walked through each beat, and the common thread was not only better numbers but managements willing to lift full-year outlooks, with Cloudflare explicitly tying strength to artificial intelligence demand. For investors, guidance upgrades from business-software franchises are more than a headline; they are a live signal about corporate spending patterns and where durable growth may be hiding in a choppy market.