BNN Bloomberg
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Aug 7, 2026
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Cloudflare shares jump after forecast raise on AI-driven demand - BNN Bloomberg
Original article ↗B.I.A.S. ANALYSIS
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Article Excerpt
Cloudflare shares rose before the bell on Friday after the cloud services firm raised its annual forecasts, betting that resilient AI-driven demand will sustain traffic across its network.
Quarterly results of Cloudflare, whose shares were last up 16.2per cent at $330.51, follow Amazon.com’s strongest cloud growth in more than four years. Amazon noted that it won’t have enough capacity to meet all demand in 2026.
The two reports underscore that software companies remain key winners of the ongoing scramble to build AI infrastructure.
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Aug 7, 2026