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

CNBC · May 8, 2026, 11:26 AM · Also reported by 1 other source

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  • Akamai's stock jumped in early trading Friday after it announced a $1.8 billion deal with an AI company and posted first-quarter earnings that were in line with estimates.
  • The stock was last up 25% in premarket trading, and shares are up 37% over the past 12 months.

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Akamai's stock jumped in early trading Friday after it announced a $1.8 billion deal with an AI company and posted first-quarter earnings that were in line with estimates.

The stock was last up 25% in premarket trading, and shares are up 37% over the past 12 months.

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