NET Cuts Jobs for AI, TTD Slows, COIN Falls After Earnings

Cloudflare (NET) says it is slashing more than 1k jobs, something Diane King Hall reports is indicative of a shift to an agentic AI model. She reacts to the stock's plummet after a 1Q earnings beat before turning attention to another stock under pressure in The Trade Desk (TTD) admitting "there's not much to excite investors." Meanwhile, for Coinbase (COIN) Diane points to continued weakness for the crypto-exposed stock as it fades on an earnings miss.

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