Cloudflare Prices $2.175B Zero-Interest Convertible Notes Due 2031
Cloudflare raises $2.175 billion through 0% convertible senior notes due 2031, with initial purchasers able to buy another $325 million.
Read original at benzingaStocks · News reference
Cloudflare Stock falls as investors digest a $2.5 billion zero-interest convertible note deal and dilution protections.
Reference details
Poisar stores the source's headline, summary and market tags for reference. Reporting and full article text remain with the original publisher.
Keep reading
Cloudflare raises $2.175 billion through 0% convertible senior notes due 2031, with initial purchasers able to buy another $325 million.
Read original at benzingaCisco is expanding its Secure AI Factory with Nvidia and Supermicro, adding rack-scale computing solutions for large-scale AI workloads.
Read original at benzingaThe Coldcard Bitcoin wallet hack is renewing interest in cybersecurity ETFs as rising crypto attacks strengthen demand for digital security solutions.
Read original at benzingaCathie Wood's Ark Invest added to positions in Broadcom, Cerebras Systems, and Cloudflare on Wednesday, taking advantage of market pullbacks. All three stocks have declined 14-53% from recent all-time highs but show strong revenue growth and business fundamentals, with Broadcom expected to report 85% revenue growth and Cerebras showing 74% growth despite customer concentration concerns.
Read original at the-motley-foolCRWD and OKTA
Read original at benzingaOn Wednesday, Aug. 26, 2026, Ark Invest sold CrowdStrike and AMD shares after CrowdStrike's record quarter.
Read original at benzinga