Confluent reports strong Q2 2024 revenue growth due to rising real-time data streaming demand.

Confluent, a leading data streaming tech developer, reports strong Q2 2024 revenue growth due to growing demand for real-time data streaming in various industries. Its stock trades 79% below its all-time high, yet holds the highest possible buy rating from Wall Street analysts. Confluent's data streaming platform, crucial for AI applications, has a $60B addressable market, tapping only a small fraction so far.

August 10, 2024
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