Amid closing mixed on Friday, the stock market extended their winning streaks despite a U.S. government shutdown.
Overall, S&P 500 was flat at 6,716, while NASDAQ declined 0.3% to 22,781.
Tweet of the Day
MercadoLibre $MELI stock has been weak lately. Note the -2% profit growht reported last qtr was due to giving free shipping to more customers. https://t.co/MaYtWCKWIF pic.twitter.com/yEe3V3Yonp
— David Sharek (@GrowthStockGuy) October 2, 2025
Chart of the Day
Here is the one-year chart of Cloudflare (NET) as of September 7, 2025, when the stock was at $214.
Last quarter, the company managed to deliver 27% revenue growth, while large customers spending over $100,000 rose 22%. It now makes up more than 70% of total revenue.
Management also noted that over 20% of the web traffic already runs on Cloudflare’s network and more than half of its dynamic traffic is API-to-API. This scale allows Cloudflare to power what it calls the “Agentic Web”, where AI systems will interact and transact with each other. Management framed this shift as the company’s next big growth chapter, following its earlier platform acts in security, Zero Trust, and developer tools.
NET is part of our Growth Portfolio. It’s a buy-and-hold stock for me.
