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Stock impact report

Fastly (FSLY) Surges 22% on Tech Surge [Yahoo! Finance]

Fastly, Inc. - Class A (FSLY) 
Last fastly, inc. - class a earnings: 2/20 04:05 pm Check Earnings Report
Company Research Source: Yahoo! Finance
Fastly surged by 22 percent week-on-week, as investors piled funds into technology companies while shifting away from sectors seen as more vulnerable to the ongoing tensions in the Middle East. Month-to-date, Fastly Inc. (NASDAQ:FSLY) has already jumped by as much as 28 percent, helped by a 67 percent price target upgrade from RBC Capital earlier, which raised its target to $20 from $12 previously, while reaffirming its “sector perform” rating. Additionally, investors welcomed its recent Global Security Research Report, which found that companies integrating AI into their operations face a 135 percent higher risk of financial losses from cybersecurity threats, and take an average of seven months to recover from the incidents. “The speed of AI adoption is reshaping security infrastructure almost overnight. For AI-first businesses, the priority isn't to slow down innovation—it's to modernize security at the same rate that AI is transforming their infrastructure,” Fastly Inc. (NAS Show less Read more
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