On the evening of May 7, 2026, two of the internet’s core infrastructure companies reported first-quarter earnings within hours of each other. Akamai announced a $1.8 billion, seven-year AI compute contract with an unnamed US frontier model provider, and its stock surged more than 26% in after-hours trading. Cloudflare reported $639.8 million in Q1 revenue, up 34% year-over-year, beat analyst … Continue reading Akamai Up 26%, Cloudflare Down 16%. Q1 Earnings Show Where AI Value Lives.