Cloudflare’s slowing growth disappoints investors betting on AI boost
May 8 (Reuters) – Cloudflare (NET.N), opens new tab shares tumbled more than 15% in premarket trading on Friday, after its quarterly revenue forecast disappointed investors who had bet the stock would be a major beneficiary in the race to adopt artificial intelligence. The networking and cybersecurity services provider will also lay off about 20% of staff due to greater […]
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