Why U.S. Cloud Stocks, Fueled by AI Hype, Lost $900 Million in Market Value Overnight

Twilio Inc. (NYSE: TWLO) closed at $123.03 on the New York Stock Exchange on the 13th, down 5.25%. Its market capitalization evaporated by about $930.43 million in a single day—roughly ₩900 billion to ₩1 trillion—while trading volume reached approximately 1.68 million shares, reflecting higher-than-normal volatility.

The company has recently filed consecutive SEC Form 144 submissions, indicating potential insider share sales. After a rally of more than 20% last year—driven by strong third-quarter results and a growth narrative centered on AI-powered customer communications—Twilio earned recognition as a leading turnaround stock. However, profit-taking has emerged immediately following this short-term spike. (stockanalysis.com)

Founded in 2008 and headquartered in San Francisco, Twilio is a cloud communications and customer engagement platform provider. It offers messaging, voice, and email APIs along with the Segment customer data platform, serving businesses and developers worldwide. Since its inception, Twilio has grown on a developer-friendly API model, and under new CEO Khozema Shipchandler, the company is improving its cost structure and driving AI-based profitability enhancements. (globaldata.com)