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Cloudflare stock plunges more than 20% as 1,100 job cuts overshadow Q1 earnings beat

Posted On May 8, 2026

Cloudflare shares fell after Q1 earnings beat expectations, as plans to cut 1,100 jobs overshadowed 34% revenue growth.

The post Cloudflare stock plunges more than 20% as 1,100 job cuts overshadow Q1 earnings beat appeared first on Crypto Briefing.

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