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Crazy stock. Up 10% today, on news that it had to cut 11% of its workforce. Imagine how much it would be up if it cut 100% of its workforce!

2023-05-10: Twilio Inc: The company on Tuesday forecast second-quarter revenue below estimates on shrinking demand for cloud services, sending the company's shares tumbling in extended trading. It expects second-quarter revenue in the range of $980 million to $990 million, compared with analysts' average estimate of $1.05 billion. However, it reported a rise in active customer accounts, more than 300,000 in the first quarter ended March 31, 2023, compared with over 268,000 a year earlier. It reported adjusted net income of $0.47 per share, beating analysts' average estimate of $0.21. Revenue rose 15% to $1.01 billion.