About this episode

Cloudflare announces significant job cuts as it shifts to an AI-first operating model.

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 more Federal trade court strikes down Trump's 10% global tariff Shell 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 reports Sign 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 .

People in this episode

Host: Seeking Alpha

Topics covered

• job cuts
• AI
• cloud computing
• workforce reduction
• business news

Keywords

• Cloudflare
• AI
• job cuts
• Upwork
• Nvidia
• business news
• workforce reduction

Mentioned in this episode

Organizations: Cloudflare, Upwork, Nvidia, Shell, Bloomberg

Places: US

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