Shares in Cloudflare were rising Friday after the company reported better-than-expected fourth-quarter earnings. Cloudflare stock jumped 14% to $160.53, while Fortinet, another cybersecurity name, edged 0.

The stock of Cloudflare (NET) is up 13% after the cybersecurity firm reported solid fourth-quarter 2024 financial results and provided upbeat

Key Takeaways Cloudflare shares traded sharply higher on Friday after its fourth quarter earnings topped analyst expectations.The stock carved out an 11-month cup and handle before breaking out above the pattern’s top trendline late last month,

Most AI compute has been driven by Nvidia chips, and we obviously have a deep partnership with Nvidia and will for as long as we can see into the future,” Jassy said on a cal

Nvidia stock rise has helped the chip maker to recoup a large chunk of its losses from the last week, when it witnessed a brutal selloff due to the Chinese start-up DeepSeek.

Because Nvidia is still growing its revenue rapidly, using trailing earning metrics can give a false impression of where the company is headed. However, they're also useful in this case because its future had a wrench thrown into it thanks to DeepSeek's breakthrough.