Fastly (FSLY) shares rose 8% to $24.18, far outpacing the First Trust Cloud Computing ETF (SKYY), up 2% at $167.36, and the SPDR S&P 500 ETF Trust (SPY), down 0.2% at $762.42. Nebius Group (NBIS) gained 1% to $161.31 and CoreWeave (CRWV) slipped 1% to $54.85, and both rent out GPU computing capacity for AI workloads, so their moves did not track Fastly. Fastly runs an edge cloud network that delivers and secures web content, and it recently expanded its partnership with Jio Platforms to power the upgraded JioCDN across India, though the article notes it is unclear whether that deal is linked to today's gain. The article cautions that a sharp one-session jump can fade quickly if the broader market keeps slipping, and says Fastly's next quarterly report should show whether the Jio partnership contributes.
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cloud computingartificial intelligenceCoreWeaveFastly
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Related tickers and likely impact
SPY
• NeutralSPDR S&P 500 ETF
Relevance: low
| Market | US stocks |
|---|---|
| Sector | ETF |
| Close on 10/22/2026 | 763.96 |
| Change that session | -1.18% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
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