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Paige Oamek5/8/26

Akamai climbs to highest level since 2000 after reportedly securing Anthropic as a customer

Akamai’s billion-dollar AI infrastructure customer is Anthropic, Bloomberg reported on Friday. The cloud services company extended gains to trade up over 25% following the news.

On Thursday, the company announced a seven-year, $1.8 billion commitment from a “leading frontier model provider.”

Anthropic has been on a mad scramble to boost compute capacity after facing widespread complaints about Claude usage limits and seeing OpenAI position its accumulation of computing power as a competitive advantage.

In a little over a month, Anthropic has struck or expanded deals with CoreWeave, Amazon, Google, Broadcom, as well as xAI (through SpaceX).

As part of that xAI pact, Anthropic announced that it would be increasing usage limits for paying customers.

Akamai Technologies jumps on $1.8 billion cloud infrastructure deal

Akamai Technologies jumps on $1.8 billion cloud infrastructure deal

Anthropic has been on a mad scramble to boost compute capacity after facing widespread complaints about Claude usage limits and seeing OpenAI position its accumulation of computing power as a competitive advantage.

In a little over a month, Anthropic has struck or expanded deals with CoreWeave, Amazon, Google, Broadcom, as well as xAI (through SpaceX).

As part of that xAI pact, Anthropic announced that it would be increasing usage limits for paying customers.

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J. Edward Moreno7/7/26

SpaceX gets a wave of bullish ratings from Wall Street analysts

SpaceX received more than a dozen positive analyst calls on Tuesday — including from major Wall Street banks — as they initiate coverage on Elon Musk’s space and AI company.

SpaceX went public on June 12 at a $2.2 trillion valuation, the largest debut in history. While the company hasn’t yet posted a profit, it seems to have convinced Wall Street that it will get there and grow its valuation on the way.

Of the at least 17 analysts that gave a rating on Tuesday, all but one gave it a “buy” or “outperform” rating. MoffettNathanson was "neutral."

The ratings come as SpaceX joined the Nasdaq 100 index, a benchmark tech-heavy basket of companies that underpins millions of portfolios. The inclusion adds built-in demand for the stock from index funds and ETFs.

Still, SpaceX fell more than 5% on Tuesday amid a broader sell-off, and is currently effectively flat from its opening price of $150 a share.

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