CNBC host Jim Cramer called Akamai Technologies (AKAM) stock a "terrific buy," citing the company's shift from content delivery network (CDN) business to high-margin cybersecurity and cloud services, particularly AI computing power leasing. Akamai has signed multi-year cloud service contracts totaling over $2.8 billion in 2026, including a $1.8 billion, seven-year contract with Anthropic and a $600 million, four-year contract with a U.S. robotics company. The company's Q2 revenue was $1.1 billion, up 5% year-over-year; security revenue was $604 million, up 10% year-over-year; and cloud infrastructure revenue was $99 million, up 39% year-over-year. Adjusted earnings per share were $1.59, down 8% year-over-year. Following the earnings release, Akamai's stock price rose by approximately 12%, with a year-to-date gain of about 30% in 2026.