Cloudflare NET shares jump more than 10% to about $313
Cloudflare NYSE:NET shares surged more than 10% to about $313 on Wednesday. The move was tied to new partnerships linking Cloudflare with OpenAI and SpaceX NASDAQ:SPCX.
Cloudflare NYSE:NET shares rose more than 10% to around $313 on Wednesday after investors reacted positively to new partnerships tying the cybersecurity company to OpenAI and SpaceX NASDAQ:SPCX. The move reflects market expectations that Cloudflare's NYSE:NET global network could gain value as AI agents write code.