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Quarterly results: Datadog, Akamai soar, Cloudflare, CoreWeave sink

TL;DR AI

Key summary

2 min read
  1. Datadog posted 32% revenue growth to $1 billion and higher profit, sending shares up more than 30%.

  2. Akamai beat revenue expectations and jumped 26% after unveiling a $1.8 billion, seven-year AI infrastructure deal.

  3. CoreWeave topped revenue estimates but reported a bigger-than-expected loss and softer outlook, pressuring the stock.

  4. Cloudflare raised its full-year forecast and delivered solid results, but shares fell after it said it would cut 20% of staff in an AI-first reset.

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