Business

Cloud Computing Firm Earnings

Updated 2026-05-08 11:30 UTC 1 source Positive

Cybersecurity and cloud computing firm Akamai reported strong first-quarter earnings, with its cloud infrastructure business growing 40% year-on-year. The stock is soaring more than 25%.

Coverage timeline — 1 article

CNBC

A cloud computing stock is soaring more than 25%. Here’s what’s driving the rally

Cybersecurity and cloud computing firm Akamai reported first-quarter earnings on Thursday and saw its cloud infrastructure business grow 40% year-on-year.

2026-05-08 11:26 UTC