Cloudflare stock plunges 20% on AI layoffs, soft guidance

09-May-2026 BitNewsBot

Cloudflare stock plunges 20% on AI layoffs, soft guidance

Cloudflare stock plummeted over 20% on Friday despite reporting Q1 earnings that beat profit expectations. The sharp selloff was triggered […]
Also read: Solv Protocol and Re Switch to Chainlink CCIP, Moving Nearly $1B Away From Layerzero
About Author Lorem ipsum dolor sit amet, consectetur adipiscing elit. Nunc fermentum lectus eget interdum varius. Curabitur ut nibh vel velit cursus molestie. Cras sed sagittis erat. Nullam id ante hendrerit, lobortis justo ac, fermentum neque. Mauris egestas maximus tortor. Nunc non neque a quam sollicitudin facilisis. Maecenas posuere turpis arcu, vel tempor ipsum tincidunt ut.
WHAT'S YOUR OPINION?
Related News