Cloudflare trades staff for AI

from Wall Street Breakfast · host Seeking Alpha

Cloudflare (NET) to cut 1,100 jobs amid shift to agentic AI-first operating model. (00:13) Upwork (UPWK) announces 24% reduction in total workforce. (01:42) IREN jumps 7%, inks five-year $3.4B AI cloud deal with Nvidia (NVDA). (02:35)/Episode transcripts seekingalpha.com/wsb.Show links: Biggest stock movers Friday: XYZ, TTD, NET, and moreFederal trade court strikes down Trump's 10% global tariffShell CEO flags ~1B barrel crude shortage, warns 'journey back will be a long one'US said to suspect Nvidia chips smuggled to Alibaba via Thailand, Bloomberg reportsSign up for our daily newsletter here and for full access to analyst ratings, stock quant scores, dividend grades, subscribe to Seeking Alpha Premium at seekingalpha.com/subscriptions.

Episode metadata supplied by the publisher feed · Published May 8, 2026

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Cloudflare trades staff for AI

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