This Incredibly Cheap Tech Stock Is Down 20% and Could Get a Boost Thanks to Artificial Intelligence (AI) -- But Should You Buy It?
TWLOTwilio(TWLO) fool.com·2024-05-26 18:05

Twilio is struggling on account of weak customer spending, but it is hoping that AI could become a savior. This has been a terrible year for Twilio (TWLO 0.20%) investors so far, as shares of the company have fallen 20%. The cloud stock's negative returns are in stark contrast to those of the broader technology sector, which has been heading higher this year following a stellar 2023, driven by catalysts such as artificial intelligence (AI). Weak spending by customers on its products has been a big reason be ...