AI Cloud Surges 6% on Expectations... U.S. Cloud Stocks Gain 1.7 Trillion Won in Just One Day

DigitalOcean Holdings Inc. (DOCN) closed at $184.14 on the New York Stock Exchange on June 4, up 6.02%, lifting its market capitalization to about $19.2 billion (roughly KRW 27 trillion). Some 1.67 million shares changed hands that day, adding around $1.2 billion (approximately KRW 1.7 trillion) to its market cap in a single session.

In its first-quarter 2026 earnings report on May 5, DigitalOcean posted adjusted EPS of $0.44 and revenue of $258 million, comfortably beating analysts’ estimates. The company then raised its full-year 2026 revenue guidance to a range of $1.13 billion–$1.145 billion, fueling a sustained rally in its share price.

Fueled by growing optimism around AI and cloud growth, DigitalOcean’s stock hit an intraday record of $167.45 a few days earlier. In the options market, aggressive bullish bets have emerged, including roughly $3.8 million in purchases of August-expiry $180 call options.

DigitalOcean is a U.S. tech firm that provides cloud infrastructure services tailored to small businesses and developers. Recently, it has carved out a niche among major cloud providers by offering an inference-focused cloud platform designed for AI applications.

Founded in 2011 and listed on the NYSE in 2021, the company continues an aggressive growth strategy. In March 2026, it raised about $800 million (around KRW 1.1 trillion) through a share issuance to fund further AI and infrastructure investments.