Cloudflare Stock Plummets After Announcing Job Cuts
From WSJ Minute Briefing by The Wall Street Journal
May 8, 2026 · 3 min
About this episode
Cloudflare's stock drops following job cuts, while other tech stocks see gains.
Plus: Chip-makers’ stock gains push Nasdaq to its 11th record close of the year. Corning shares rise after announcing an investment from Nvidia. And strong international sales push Monster Beverage shares higher. Katherine Sullivan hosts. Sign up for the WSJ's free What's News newsletter. An artificial-intelligence tool assisted in the making of this episode by creating summaries that were based on Wall Street Journal reporting and reviewed and adapted by an editor. Learn more about your ad choices. Visit megaphone.fm/adchoices
People in this episode
Host: Katherine Sullivan
Topics covered
- stock market
- job cuts
- technology
- investments
- business news
Keywords
- Cloudflare
- stock plummet
- job cuts
- Nasdaq
- Corning
- Nvidia
- Monster Beverage
- international sales
Mentioned in this episode
Organizations: Cloudflare, Chip-makers, Nasdaq, Corning, Nvidia, Monster Beverage
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