{"id":1007279,"date":"2026-05-08T09:57:43","date_gmt":"2026-05-08T04:27:43","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=1007279"},"modified":"2026-05-08T10:07:26","modified_gmt":"2026-05-08T04:37:26","slug":"akamai-surges-as-1-8-billion-cloud-deal-eclipses-downbeat-forecast","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2026\/05\/08\/akamai-surges-as-1-8-billion-cloud-deal-eclipses-downbeat-forecast\/","title":{"rendered":"Akamai surges as $1.8 billion cloud deal eclipses downbeat forecast"},"content":{"rendered":"<p>Shares of Akamai Technologies soared 24% in extended trading on Thursday after the company disclosed a $1.8 billion long-term cloud deal with \u200ca frontier model \u2060provider. <\/p>\n<p>Still, \u2060the company forecast underwhelming quarterly results as a sharp rise in prices of memory infrastructure ripples across the industry, hitting profits and hiking costs and prompting firms to get cautious with spending.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Shares of Akamai Technologies soared 24% in extended trading on Thursday after the company disclosed a $1.8 billion long-term cloud deal with \u200ca frontier model \u2060provider. Still, \u2060the company forecast underwhelming quarterly results as a sharp rise in prices of memory infrastructure ripples across the industry, hitting profits and hiking costs and prompting firms to get cautious with spending.<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[59,4,10],"tags":[],"class_list":["post-1007279","post","type-post","status-publish","format-standard","hentry","category-it-2-the-economic-times","category-newspapers","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1007279","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=1007279"}],"version-history":[{"count":1,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1007279\/revisions"}],"predecessor-version":[{"id":1007302,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1007279\/revisions\/1007302"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=1007279"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=1007279"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=1007279"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}