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Akamai Stock Soars on $11.6 Billion Deal With Anthropic
With Friday’s gains, Akamai shares are up nearly 40% from the start of the year.Credit: Matthias Balk / picture alliance via Getty ImagesKey TakeawaysAkamai shares jumped Friday after the company signed a new seven-year deal with Claude maker Anthropic.Wall Street analysts cheered the deal, though some voiced concerns about Akamai’s dependence on Anthropic. Shares of Akamai are surging after the cloud computing and cybersecurity firm signed a new seven-year deal with Anthropic.Shares of Akamai (AKAM) were up 8% to $119 in recent trading. The company said late yesterday that it will receive…
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