More Than Half of Cloudflare's Network Traffic Is No Longer Human. The Stock Broke to a Record on It.
A majority-machine internet is now Cloudflare's reality. Does it pay?
Overview
More than half of the traffic that crossed Cloudflare's (NYSE: NET) network last quarter came from machines, not people -- the first time automated traffic has been the majority.
Shares of the internet-infrastructure company jumped to a record high Friday morning after Thursday's second-quarter report, touching about $325 before giving back part of the day's gain. Shares were still up about 8% for the day as of this writing.
Details
"For the first time in human history, in Q2, more than 50% of the traffic flowing across Cloudflare's network was not human," CEO Matthew Prince said on the earnings call. The crossover arrived months ahead of his own forecast, which had pointed to the first half of 2027.
Source
Originally published at www.fool.com.