The Nasdaq Composite (IXIC) and S&P 500 Index (SPX) logged another round of records as the week looks to end on a high
Cloudflare (NET) says it is slashing more than 1k jobs, something Diane King Hall reports is indicative of a shift to an agentic AI model. She reacts to the stock's plummet after a 1Q earnings beat be
Piper Sandler analyst James Fish raised his price target on Cloudflare (NYSE:NET | NET Price Prediction) to $250 from $222, keeping an Overweight rating, even as the stock cratered after Q1 FY2026 ear
Cloudflare (NYSE:NET) reported first-quarter 2026 results on May 7, beating analyst expectations for both revenue and earnings, but shares fell sharply after the company issued softer near-term guidan

AI Job Destruction Accelerates

10:13am, Friday, 08'th May 2026
Earnings calls have become increasingly outlets for CEOs to say they need fewer people because of AI.

5 Things to Know Before the Stock Market Opens

10:01am, Friday, 08'th May 2026
Stock futures are gaining ground Friday, while oil prices are holding steady amid uncertainty over the state of the ceasefire in Iran; the nonfarm payrolls report is expected to show that job growth s
NET beats Q1 EPS and revenue estimates as large enterprise additions surge, lifts its FY26 outlook and unveils an agentic AI workforce cut.
Top insights from the latest market news from Friday, May 8, from The Motley Fool analysts on Team Rule Breakers and Team Hidden Gems.
Cloudflare 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
NET slumps as job losses revealed, Big Tech spending set to weigh on cash flow, and more
Cloudflare (NYSE:NET) reported first-quarter 2026 results on May 7, beating analyst expectations for both revenue and earnings, but shares fell sharply...
Cloudflare (NET) is laying off 1,100 employees, about 20% of its workforce, to accelerate its transition to an agentic AI-first operating model. NET emphasizes this move is strategic, aiming to redefi
Bit Digital Inc (NASDAQ:BTBT) said it will release its financial results for the first quarter ended March 31, 2026, after market close on May 14, 2026. The...
HIVE Digital Technologies Ltd (TSX:HIVE, NASDAQ:HIVE, FRA:YO0, BVC:HIVECO) announced that its subsidiary BUZZ High Performance Computing (HPC) has...
Abacus Global Management (NYSE:ABX) has reported higher first quarter revenue and earnings and raised its full-year adjusted net income guidance as growth...
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