May 08, 2026
Cloudflare (NET) Stock Plunges 24% Despite Beating Q1 Earnings Amid AI-Driven Workforce Cuts
Cloudflare (NET) stock plunged 24.31% despite beating Q1 earnings. The company's AI-driven layoffs of 1,100 employees overshadowed strong revenue growth.
The post Cloudflare (NET) Stock Plunges 24% Despite Beating Q1 Earnings Amid AI-Driven Workforce Cuts appeared first on Blockonomi.
Source: Blockonomi →Related News
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