Akamai Technologies is trading at $121.74, up 10.26%, after Anthropic committed $11.6 billion over seven years for cloud infrastructure and software supporting CPU workloads.
- The agreement includes an option for up to $9 billion more, potentially bringing total value near $20 billion, plus a warrant representing approximately 5% of shares.
- The move is company-specific and substantially outweighs the broader market’s modest gains.