Cloudflare, Inc. (NET) shares surged 13.96% in pre-market trading, extending a recent rally.
The significant gain follows a wave of investor excitement sparked by the online buzz surrounding Cloudflare's open-source AI agent, Clawdbot. Built on Anthropic's Claude, Clawdbot trended on social media and garnered thousands of GitHub stars shortly after its launch, stoking hopes for the company's role in the expanding AI agent market. Analysts have highlighted Cloudflare as a key infrastructure beneficiary, or "picks-and-shovels winner," of the agentic AI trend.