TECHNOLOGYCNBC TOP
A cloud computing stock is soaring more than 25%. Here’s what’s driving the rally
Akamai reported first-quarter earnings with a 40% year-on-year growth in its cloud infrastructure business, driving a rally in the stock price of over 25%. The company's strong performance is attributed to its cybersecurity and cloud computing services. This growth indicates a positive trend for Akamai's cloud computing business.