Wall Street Doesn’t Understand the CDN Business, What AI Agentic Traffic Is, and How Bits are Delivered

Fastly’s stock was down 40% on Thursday, May 7th, one day after its Q1 earnings report, with Piper Sandler saying, “The disappointment was in the core delivery business that saw lower quarter-over-quarter volumes than most were expecting, as pricing remained stable.” Who’s most, and why were they expecting something different? If you talk to customers, […]