AKAM
NASDAQ · Technology
Akamai Technologies Inc
$147.71
+31.02 (+26.58%)
AKAM News12 articles
S&P 500 and Nasdaq Scale New Peaks on Robust Jobs Data
The S&P 500 and Nasdaq reached all-time highs midday Friday, buoyed by stronger-than-expected April jobs data and gains in Nvidia and Apple.
Cloudflare Cuts 1,100 Jobs in AI Pivot as Q1 Revenue Beats, Stock Drops
Cloudflare lays off 20% of its workforce, or 1,100 employees, as it pivots to an AI-first strategy. Despite beating Q1 earnings, its stock fell 19% after Q2 revenue guidance missed expectations.
Akamai Stock Surges on $1.8B AI Cloud Deal
Akamai shares surged 26% premarket after announcing a $1.8B, seven-year AI cloud deal, its largest ever, signaling strong traction in AI infrastructure.
Nasdaq Futures Advance Ahead of April Jobs Data Amid Iran Tensions
Nasdaq 100 futures rise 0.67% early Friday, leading U.S. stock gains as traders focus on the April jobs report amid renewed U.S.-Iran tensions.
Cloudflare Slashes 20% of Workforce in AI Pivot, Shares Slide
Cloudflare will cut over 1,100 jobs (20% of staff) as it pivots to an AI-first strategy. Shares fell 13% after Q2 revenue guidance missed Wall Street targets.
Akamai Surges on New API Security Tools Ahead of Q1 Earnings
Akamai shares jumped 10% on Tuesday after launching new API security tools ahead of its Q1 earnings report. The Security Posture Center aims to address rising AI-related API risks.
Cloudflare's New AI Tool Launch Precedes Q1 Earnings Report
Cloudflare shares surged 6.1% on Friday after unveiling Dynamic Workflows, a developer tool for AI agents, just days before its first-quarter earnings report on May 7.
Stocks Rally as Court Overturns Tariffs Amid Mixed Economic Signals
U.S. equities advanced Friday following a Supreme Court ruling invalidating former President Trump's global tariffs, while economic data revealed slowing growth and persistent inflation pressures.
Cloudflare Surges on Strong Outlook and Major Investor Backing
Cloudflare shares climbed nearly 6% in extended trading after the company issued a robust 2026 revenue forecast and reported a significant increase in its contract backlog. A major institutional investor also disclosed a sizable stake in the firm.
Akamai Shares Stabilize After Sharp Rally Fueled by Sector Optimism
Akamai shares consolidated in premarket trading after a 10.35% jump, as the market digests Fastly's upbeat results and looks ahead to Akamai's own quarterly report.
Fastly Shares Surge on Strong Q4 Results and Upbeat 2026 Forecast
Fastly's stock climbed in premarket trading following a 72% surge, after the company posted strong quarterly earnings and raised its long-term revenue target.
Cloudflare Surges on AI-Powered Revenue Forecast, Beats Street Expectations
Cloudflare shares soared in premarket trading after the company issued a 2026 revenue outlook exceeding analyst estimates, driven by robust demand for AI agents and enterprise deals.