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Cloudflare drops 15% on slowing growth and AI-driven layoffs

2+ week, 5+ hour ago  (260+ words) Cloudflare shares fell more than 15% premarket after its Q2 forecast flagged slowing growth and a 20% AI-related headcount cut, denting AI-beneficiary expectations. The reaction is striking because Cloudflare had rallied 43% since its February results on the AI-beneficiary thesis, leaving the bar for…...

Symbols: nyse:net