Akamai Surges 23% on Massive $11.6B Anthropic Cloud Deal

Today's AI insights from 7horns.ai: In today's financial news, Akamai shares surged more than 23% in pre-market activity to cross $130.00, driven by a landmark $11.6 billion cloud services commitment from Anthropic that reshapes our tech market outlook. This massive agreement, alongside Costco Wholesale beating fourth-quarter earnings expectations at $6.75 per share, highlights why data-driven investing is essential as the ten-year Treasury yield remains at 5.17%. For investors demanding tactical trading insights, this stock market analysis showcases how AI market intelligence and AI-powered analysis help identify high-performing equities. AI insights powered by 7horns.ai. Visit 7horns.ai for your free daily AI market analysis.

You are listening to Seven Horns AI — your AI-powered market update. It is Friday, September twenty-fifth, twenty twenty-six, and we are looking ahead to the final trading session of the week, with the opening bell just a few hours away at nine thirty A M Eastern Time. Overnight, Asian markets provided a mixed but overall supportive handoff. In Tokyo, the Nikkei index closed up one point three percent, though Nikkei futures ticked down about zero point five percent after the close. Reflecting that regular-session strength, the Japan-focused exchange-traded fund is up one point seven six percent in U.S. pre-market trading. Meanwhile, Hong Kong's Hang Seng fell one point three percent at the close, with its futures down zero point two six percent, while the China large-cap proxy fund dipped zero point seven percent pre-market. Several other major Asian markets were closed for holidays. Moving over to Europe, where markets are currently open and trading, we are seeing a supportive backdrop for Wall Street. U.S. stock futures are pointing to a modestly higher open across the board. Leading the way, the Nasdaq proxy is up zero point five five percent in pre-market action, while the S&P five hundred proxy is gaining zero point three three percent. The Dow proxy is also ticking up zero point two nine percent. This suggests a constructive start as investors look to build on Thursday's flat close. The absolute headline story this morning is a massive reversal for Akamai. After closing down nearly seven percent yesterday, Akamai has surged more than twenty-three percent in pre-market trading, crossing the one hundred thirty dollar mark. The catalyst is a massive seven-year, eleven point six billion dollar cloud services commitment from artificial intelligence startup Anthropic, which could expand up to twenty billion dollars. This blockbuster deal also includes an Anthropic warrant for up to five percent of Akamai shares and a one point seven billion dollar memory supply deal with Lenovo and Jabil. This news has breathed fresh life into the tech space, helping other chip-related names bounce back. Arm is up three point eight two percent and Western Digital is up one point eight percent, both recovering from losses on Thursday that were triggered by Oracle invoking force majeure on a major data center project. In other news, Costco reported fourth-quarter earnings after the bell yesterday, posting earnings of six dollars and seventy-five cents per share, beating Wall Street estimates of six dollars and fifty-four cents, thanks in part to tariff refunds. As we head into the open, all eyes remain on the bond market. The ten-year Treasury yield is hovering around five point one seven percent, near multi-decade highs, as investors weigh the Federal Reserve's twenty-five basis point rate hike last week to a range of three point seven five to four percent. Traders are currently pricing in a seventy-three percent chance of another hike in October. Keep in mind, the major eight thirty A M Eastern Time economic data releases have not occurred yet today, which could bring further volatility to yields and equities alike. Commodity-wise, gold is up zero point five two percent pre-market, while crude oil is giving back some of Thursday's gains, with the main oil fund down two point two seven percent. That's your pre-market briefing from Seven Horns AI. Good luck out there today. Visit sevenhorns.ai for more.