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NASDAQ:AKAM 15 December 2025 - 19 May 2026

Akamai Stock Set to Jump as $1.8 Billion AI Cloud Deal Steals the Earnings Spotlight

Akamai Stock Set to Jump as $1.8 Billion AI Cloud Deal Steals the Earnings Spotlight

Akamai Technologies Inc. shares looked primed for a sharp move higher Friday, after the company revealed a $1.8 billion, seven-year cloud infrastructure deal with a U.S. AI model developer it declined to name. It’s the firmest indication yet that Akamai’s rented compute push is picking up traction. For the first quarter, Akamai reported revenue up 6% to $1.074 billion. Its Cloud Infrastructure Services segment—the distributed compute business—jumped 40% to $95 million.
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