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0g13dulbf
1 day ago
Cloudflare's Q2 beat and reaccelerating growth (36% revenue growth, 120% net dollar retention, record large customer adds) pushed NET stock to new highs, but the market has already paid up: NTM EV/Revenue sits at 35.17x, just below its all-time high of 36.30x and well above its roughly two-year average of 22.30x.
Free cash flow margin, the exact metric management points to as evidence of a credible path to GAAP profitability by 2028, has fallen for two straight quarters, from 14.55% in Q1 2026 to 9.71% in Q2 2026, even as severance and restructuring costs climbed toward $165 million for the year.
President Michelle Zatlyn, CFO Thomas Seifert, and director John Graham-Cumming all sold stock in August and September, Zatlyn alone disposing of roughly $44 million across two separate filings, while the company also raised $2.175 billion in convertible debt despite already holding $4.2 billion in cash.
Street consensus, which saw NET stock as 13% to 22% undervalued for most of late 2025 and early 2026, has now caught up: the mean ****** yst target of $336.81 sits just 4% above the September 18 close of $323.60, a far thinner cushion than investors had earlier in the rally.
Cloudflare's second quarter gave bulls plenty to like. Revenue grew 36% year over year to $696.1 million, beating the $665.5 million ****** yst estimate. The company added a record 986 large customers over the trailing year and net dollar retention accelerated to 120%, up six points from a year earlier. Management used that momentum to lean harder into its Act 4 story, the plan to turn Cloudflare's network into infrastructure for agentic commerce through products like Monetization Gateway, Wallets, and cloudflare.pay.

#revenue #dollar
mjncuqcode
3 days ago
Data center developer Crusoe said Thursday it raised $3.9 billion in a Series F round that pushes its valuation to $30.9 billion. The massive round was co-led by Atreides Management, Mubadala Capital, and Valor Equity Partners. Founders Fund, GIC, Nvidia, Qatar Investment Authority (QIA), Radical Ventures, and TPG also participated, according to Crusoe.
Crusoe also announced three new board members, including Cloudflare CFO Thomas Seifert; Bill Stein, partner and CIO at Primary Digital Infrastructure; and Redwood Materials founder and CEO JB Straubel, who also sits on Tesla's board. Straubel already has ties to Crusoe; he personally invested in the company in 2021, and Crusoe later became the first customer of Redwood's energy storage business.
The eight-year-old company's fresh capital infusion will help finance existing data center projects, including a large site in Abilene, Texas, used by OpenAI, as well as smaller, modular AI factories that can be transported by truck and connected to large power sources almost anywhere.
By manufacturing these modular data centers, called Spark, at its own facilities, Crusoe can deploy compute capacity quickly and without the need for large construction workforces. The smaller centers could also help Crusoe sidestep, at least in part, another major obstacle facing data center developers: backlash from local communities protesting massive complexes near their neighborhoods.
Crusoe co-founder and CEO Chase Lochmiller, who is pictured above, said in a statement he believes AI will usher in an era of abundance, but to get there will mean "controlling the infrastructure from electrons to tokens, and we're grateful to have investors who share that conviction."

#straubel #round
9tO6s
10 days ago
It appears Kyle Shanahan will pass Bill Walsh. And keep on going and going.
The San Francisco 49ers head coach signed a contract extension in the offseason, Netflix's Tom Pelissero reported, although his previous deal – that owner Jed York said on March 30 that he was through 2028 – wasn't close to expiring. The length of this new deal has not yet been disclosed.
"I think Kyle's got three years left (on his contract)," York said then. "I want Kyle to be here for a long time. He's been here for a long time. I want him to be here even longer."
Shanahan, 46, will match Walsh as the longest-tenured 49ers head coach if he finishes his 10th season with the team in 2026. Shanahan and the Rams' Sean McVay are the NFL's second-longest tenured head coaches. They trail only Kansas City's Andy Reid, who is in his 14th season with the Chiefs.
Shanahan has an 83-67 regular-season record with the 49ers and a 9-5 mark in the postseason. His regular-season win total ranks third in franchise history behind George Seifert (98) and Walsh (92). His postseason total ranks third behind Seifert and Walsh, who each have 10. Shanahan's playoff winning percentage (.643) ranks ninth in NFL history (minimum 10 games). In Shanahan's first nine seasons, the 49ers won two NFC **** les, three NFC West crowns, made five playoff appearances and had four 12-win seasons.

#shanahan #head
qewose_zoho_simiwo_q
27 days ago
The Vikings quarterback battle did not even make it to the first preseason game. After weeks of build-up, OTAs, and training camp practices, we have now arrived at a decision on the starter by head coach Kevin O'Connell.
The Minnesota Vikings named Kyler Murray as their starting quarterback for the start of the regular season back on August 11. ESPN's Adam Schefter was the first to report the news of the decision, and ever since then, the noise around the position has not gotten any quieter for the Vikings.
One thing that folks are doing is projecting out what could happen. ESPN's Kevin Seifert did a fun look at the most likely and least likely outcomes related to Murray. For the least likely outcome. Seifert hinted that injury is going to be their biggest issue that could somehow present a unique opportunity.
He wrote, "Murray gets hurt and/or struggles. McCarthy steps in to replace him, and a light goes on. McCarthy plays the way the Vikings hoped he would when they drafted him, and Minnesota picks up his fifth-year option and confidently anoints him the starter for 2027."
That outcome seems beyond unlikely based on what everyone has seen from McCarthy. If this were the case, one would have to imagine that they draft a quarterback to compete with McCarthy.

#mccarthy #quarterback
madlyynf
27 days ago
After losing the starting quarterback job to Kyler Murray, J.J. McCarthy could be losing the backup spot, too.
Via Kevin Seifert of ESPN, McCarthy and Carson Wentz split second-team reps during an 80-minute practice on Tuesday.
McCarthy, who fell to No. 2 in the days before the preseason opener, has not performed well in a pair of exhibition games. He continues to have accuracy issues, and he continues to overuse his fastball when making throws.
Wentz was a capable backup in 2025 for the Vikings, despite not signing until late August. With a full offseason, training camp, and preseason in the system, Wentz would be in even better position to fill in for Murray, if necessary.
With Max Brosmer also on the roster, McCarthy could be in danger of not being on the roster by Sunday, when the rosters reduce to 53. The Vikings undoubtedly would try to trade him, since the balance of his 2026 pay ($1.075 million) and all of his 2027 compensation ($3.775 million) are fully guaranteed. The Vikings may have to pay a significant chunk of the money in order to facilitate a deal.

#Vikings #continues #roster #million
sp9nwOlF
1 month ago
Manchester Super Giants clinched their maiden men's ******* le while Trent Rockets Women lifted their first-ever trophy as The Hundred's sixth season reached a dramatic conclusion at Lord's. The Hundred's sixth season signed off in style at Lord's, with Manchester Super Giants and Trent Rockets sharing the spotlight on a Finals Day that produced two contrasting ******* le deciders.

Manchester Super Giants, formerly known as Manchester Originals, survived a late collapse to defeat Trent Rockets by five wickets in the men's final, while Trent Rockets Women produced a ruthless display to crush Sunrisers Leeds by eight wickets and claim their maiden ******* le.

The Trent Rockets also walked away with an additional prize, winning the inaugural Helix trophy for the best combined franchise performance across the men's and women's competitions.
The men's final looked to be slipping away from Manchester Super Giants before Tim Seifert intervened with a breathtaking ******* ault. Trent Rockets posted 158 for 8 from their 100 ******* , with Aneurin Donald leading the recovery with a rapid 38 off 19 ******* , while captain Lewis Gregory contributed 32 from 19.

The Rockets had made a steady start through Ben Duckett, but their momentum was checked by a double blow. Spinner Noor Ahmad was involved in the dismissal of captain Sam Billings before removing Tim David for a duck, leaving Manchester with an opening to seize control.

Donald and Gregory then rebuilt the innings with aggressive strokeplay, pushing Trent towards a competitive total of 158. Manchester's response began with a clear intent to attack.

Seifert turned the chase into a spectacle, smashing 72 off just 38 ******* , including seven sixes. His calculated aggression kept Manchester ahead of the required rate and put the Rockets under immense pressure. Paul Walter provided valuable support, adding 22 off 14 ******* , with the pair putting together a blistering 66-run stand from only 31 ******* .

But just when Manchester appeared certain to cruise home, the final overs produced a dramatic twist. Mohammad Amir dragged the Super Giants back into the contest with a superb spell, conceding just 29 runs and helping create six consecutive dot ******* . Heinrich Klaasen and Michael Bracewell also departed as the pressure suddenly mounted.

With Manchester needing a boundary to settle the nerves, Liam Dawson delivered. He launched a towering six over deep midwicket with just two ******* remaining, taking Manchester Super Giants to 162 for 5 after 98 ******* and sealing their first men's ******* le.

Noor Ahmad finished with three wickets for Manchester, while Amir claimed three for Trent Rockets, but it was Seifert's extraordinary innings that ultimately defined the final.
If the men's final went down to the wire, the women's contest was almost the complete opposite. Trent Rockets Women dismantled Sunrisers Leeds, formerly Northern Superchargers, to secure a commanding eight-wicket
4981fSyISA473
1 month ago
The Hundred men's competition: Final, Lord's
Trent Rockets 158-8 (100 ****** ): Donald 38 (19); Noor 3-33
Manchester Super Giants 162-5 (98 ****** ): Seifert 72 (38); Amir 3-29
Manchester Super Giants won by five wickets
Scorecard

#balls #rockets
684kernel_c0okie
1 month ago
The Hundred men's competition, Old Trafford
Sunrisers Leeds 127 (100 **** ): Marsh 32 (23); Atkinson 3-30
Manchester Super Giants 128-0 (67 **** ): Seifert 80* (40), Walter 44* (28)
Manchester Super Giants won by 10 wickets
Scorecard. Table

#sunrisers
69uRREzyVnbvD8
1 month ago
It appears Kevin O'Connell has seen enough in the Minnesota Vikings' quarterback competition. The Vikings named Kyler Murray their starter over 2024 first-round pick J.J. McCarthy, according to ESPN's Adam Schefter, ending the battle before a single preseason snap.
O'Connell has kept his thoughts on the QB competition mostly out of the public eye, but he recently praised Murray's ability to grasp the playbook. Murray signed a one-year veteran minimum contract with the Vikings after seven seasons and two Pro Bowls with the Arizona Cardinals.
"I think mentally he's definitely probably ahead of where I thought," O'Connell said of Murray, per ESPN's Kevin Seifert.
Murray has a loaded skill group to work with, plus one of the game's brightest play callers and offensive designers in O'Connell. Here's a detailed look at how he'll impact the Vikings' offense and possibly your fantasy team.
This is the best news possible for the Vikings' offense, from a fantasy perspective at least. McCarthy never truly clicked with Justin Jefferson, resulting in the least productive season of his career. That'll change with Murray. The former No. 1 pick's habit of holding onto the ball too long may put his team in tough spots situationally, but it leads to big play potential, with Jefferson and Jordan Addison being the major beneficiaries now. Even Jauan Jennings is worth a late-round dart throw, as he's a flex right now with potential for a much bigger role if Jefferson or Addison miss time. As for the running backs, Aaron Jones and Jordan Mason get a boost because Murray's mobility helps open run lanes that wouldn't otherwise exist. However, neither are great fantasy options given they're in a committee behind a shaky offensive line.

#Vikings #murray #o 'connell #fantasy
coo_madly0885
1 month ago
OMAHA, Neb. (AP) — Berkshire Hathaway's new CEO Greg Abel spent a significant chunk of the company's massive pile of cash as it invested $10 billion in Google's parent company and repurchased about $4.5 billion of its shares.
The conglomerate that legendary investor Warren Buffett built reported its second-quarter earnings Saturday morning and disclosed that its cash holdings had shrunk to $365.5 billion from nearly $400 billion at the end of March.
Berkshire's report suggested that it had added more than $21 billion worth of commercial, industrial and other stocks to its portfolio, but the earnings report doesn't name the stocks it bought. That won't be revealed until a separate filing later this month.
Abel took over as CEO in January when Buffett retired after six decades leading the company. But Buffett remains chairman.
CFRA Research ***** yst Cathy Seifert said investors should be encouraged by the amount of shares Berkshire's repurchased although Geico's performance was a concern because its underwriting profits fell 45% and lagged far behind other big auto insurers.

#abel #repurchased #stocks
5partly
2 months ago
NEW DELHI: Fresh from becoming the highest run-scorer in men's T20 cricket, England star Jos **** ler has already named the player he believes could eventually take the record away from him — 15-year-old Indian batting sensation Vaibhav Sooryavanshi.

Buttler scripted history on Wednesday during Manchester Super Giants' emphatic nine-wicket win over Welsh Fire in The Hundred, smashing an unbeaten 51 off just 20 **** to surpass West Indies legend Kieron Pollard and climb to the top of the all-time T20 run charts.

But while celebrating the milestone, the England wicketkeeper-batter looked to the future and singled out Sooryavanshi as the player most likely to rewrite history.
Speaking to Sky Sports after the match, **** ler admitted the achievement was special but acknowledged that records are meant to be broken.

"It's really cool, actually, to think you've got the most T20 runs out of anyone. Someone will surpass it one day - and his name's probably [Vaibhav] Sooryavanshi - but it's a proud moment," **** ler said.

The praise comes after Sooryavanshi's meteoric rise over the past year. The teenage prodigy recently starred in India's 3-0 T20I series sweep over Zimbabwe, scoring 151 runs in three matches to claim his maiden Player of the Series award.

Earlier this year, he had also lit up the ICC Men's Under-19 Cricket World Cup, amassing 439 runs to finish as the tournament's leading scorer and earn the Player of the Tournament honour, further cementing his reputation as one of world cricket's brightest young talents.
The record-breaking moment came in spectacular fashion at Old Trafford. Chasing 156, **** ler hammered two fours and six sixes in his unbeaten 20-ball 51, reaching the landmark by launching Marco Jansen for three consecutive sixes.

The knock took **** ler to 14,833 runs in 522 T20 matches, surpassing Pollard's 14,803 runs in 746 games. Former West Indies superstar Chris Gayle, who held the record for years, now sits third with 14,562 runs in 463 matches.

Reflecting on the achievement, **** ler admitted he would have preferred to break the record a game earlier when Pollard was present in the opposition camp.

"We played against MI London last game and it would have been nice to get past Polly while he was there, sat in the dugout, but there's some great names on there, some special players, so I'm really proud of that," **** ler said.
132987653
On the field, Tim Seifert's unbeaten 62 and **** ler's fireworks powered Manchester Super Giants to 161/1 in just 69 **** , chasing down Welsh Fire's 155/4 with 31 **** to spare and ending a three-match losing streak.

#player #three
mostlysr
2 months ago
The Hundred men's competition, Old Trafford
Welsh Fire 155-4 (100 ******* ): Short 71 (47), Salt 48 (37); Atkinson 2-12
Manchester Super Giants 161-1 (69 ******* ): Seifert 62* (36), ******* ler 51* (20); Cook 1-20
Manchester Super Giants won by nine wickets
Scorecard. Table

#super #balls #salt
finch61
2 months ago
Thomas J. Seifert, Chief Financial Officer, reported a sale of 12,943 shares of Cloudflare, Inc. (NYSE:NET) on July 15, 2026, and July 17, 2026, according to the SEC Form 4 filing.
Metric
Value
Transaction value
$3.6 million

#july #chief
lynx
2 months ago
The Minnesota Vikings quarterback competition is heating up, and no one is backing down on social media from defending who they think should win the job. Through it all, the coaching staff has remained steadfast in their execution of this quarterback competition, while some on the outside consider it already Kyler Murray's job to lose.
However, based on early notes from the first two days of training camp, it seems McCarthy is lacking some early explosiveness in his passing.
ESPN's Kevin Seifert shared his notes from practice on Thursday, July 30, and he hinted that McCarthy is being more conservative while Murray is pushing the ball down the field.
Seifert shared, "Perhaps the biggest takeaway Thursday from the competition between quarterbacks Kyler Murray and J.J. McCarthy is that Murray is more often pushing the ball downfield. He threw an accurate floater about 45 yards downfield to receiver Dontae Fleming, as well as a deep corner to receiver Justin Jefferson. He also missed tight end T.J. Hockenson down the right sideline."
Reports from others in camp are mixed, but the reports of Murray pushing the ball down the field are consistent. Some do have McCarthy ahead in the race, but it's just two days in, plenty of things and momentum will change. It will be interesting to see how they come out in a few days following their first break after three consecutive practice days.

#pushing #seifert
pqaDmvudpPZ
2 months ago
The Minnesota Vikings' quarterback competition will dominate training camp conversation, but another important offensive battle is developing in front of whoever wins that job.
Minnesota still must settle its center position after Ryan Kelly's retirement left the offensive line without an established starter in the middle. The competition may not generate the same attention as the quarterback room, but it could have a major impact on Kevin O'Connell's offense.
According to ESPN's Kevin Seifert, Blake Brandel is expected to get the first opportunity. The longtime utility lineman gave the Vikings a surprisingly effective nine-game stretch at center in 2025, providing enough stability to enter camp as the logical favorite. His versatility has long made him valuable, but this summer gives him a chance to secure a more defined role.
The retirement of Ryan Kelly left the Vikings looking for a new starter. Long-time utility lineman Blake Brandel will get the first look, following his surprisingly effective nine-game stint there in 2025. The Vikings also want to monitor third-year backup Michael Jurgens and seventh-round pick Gavin Gerhardt. It was mildly surprising that the Vikings didn't sign a free agent at the position, and it could still happen.
That opportunity comes with pressure. Center is more than a blocking position. The starter must handle protection calls, identify fronts, help set the tone in the run game and maintain clean communication with the quarterback. That responsibility becomes even more important in an offense that asks quarterbacks to process quickly and play with timing.

#Vikings #game #kevin
m9CVvInL
2 months ago
The Minnesota Vikings can talk about other training camp storylines, but the quarterback conversation is not going anywhere.
Kyler Murray enters camp as the favorite to win the starting job, giving Minnesota an experienced option with the arm talent and mobility to function in Kevin O'Connell's offense. Still, any unsettled quarterback situation commands attention, and the Vikings have one that could shape not only Week 1, but the franchise's long-term direction, according to ESPN's Kevin Seifert.
Who will start at QB in Week 1? Kyler Murray is the heavy favorite to win the job, but it's impossible to pull eyes away from any unsettled quarterback situation. In his previous seven NFL seasons, Murray has displayed the arm talent necessary to succeed in Kevin O'Connell's offense. But how long will it take him to grow accustomed to what is admittedly a complex scheme, one that requires active eyes and patient feet in the pocket? Murray admitted during OTAs that it had been a challenge to pursue the necessary familiarity while taking only half the reps. Meanwhile, J.J. McCarthy, the No. 10 pick of the 2024 draft, is fighting for his football future -- at least with the Vikings -- after only 10 NFL starts. -- Kevin Seifert
Murray's résumé makes him the logical front-runner. Across seven NFL seasons, he has shown the ability to create explosive plays, extend snaps and stress defenses with his arm and athleticism. Those traits should fit an offense built around timing, ****** ing and aggressive downfield opportunities.
The challenge is mastering the details.

#quarterback #offense #week
spinecho
2 months ago
The Hundred men's competition, Lord's
Manchester Super Giants 138-9 (100 ****** ): Seifert 67 (45); Livingstone 2-14
London Spirit 131-6 (100 ****** ): Livingstone 69 (40); Atkinson 2-15
Manchester Super Giants won by seven runs
Scorecard. Table

#super #livingstone #hundred #seifert
ditokutiza
2 months ago
The Real Forno Show returns with Tyler Forness and producer Dave Stefano on the The Real Forno Show breaking down the hottest Minnesota Vikings storylines two weeks before training camp — from Brian Flores’ rookie snap counts to a fiery and continuing Kyler Murray vs. J.J. McCarthy quarterback debate. With guests RAP and Norsepheus joining the conversation, this episode is must-listen content for every Vikings fan heading into 2026.
Forness dissects the Kevin Seifert ESPN report on Flores’ historically low rookie usage, arguing that context — draft capital, player age, system complexity — matters more than raw snap numbers. “It’s not just about the fact that he doesn’t play rookies,” Forness says. “It’s about situations. It’s about what the player is and how they project forward.” The panel also projects snap counts for the 2026 rookie defensive class, including Caleb Banks (520 snaps, 10 starts), Jake Golday (246 snaps), Domonique Orange (310 snaps), Jakobe Thomas (290 snaps), and Charles Demmings (210 snaps).
The second half of the show catches fire when guests RAP and Norsepheus join to weigh in on the Kyler Murray vs. J.J. McCarthy competition. RAP puts it plainly: “If the Vikings can just get somebody who can run and control the offense, we can be a Super Bowl contender.” Meanwhile, Norsepheus challenges Kevin O’Connell’s quarterback development record and Murray’s fit in a play-action system, asking: “How is a guy stuck in the pistol or shotgun going to help Kevin O’Connell’s offense?” Tyler counters that Murray “is a pocket passer first that will scramble — he wants to stay and kill you in the pocket,” making him a potentially strong fit for O’Connell’s scheme.
Brian Flores & Rookie Snaps: The Vikings rank second-to-last in rookie starts (16) and defensive snaps (2,110) over three years — but Forness argues the per-player average tells a different, less **** ing story. “Brian Flores will play rookies when they deserve to play, when they’re ready to play.”
2026 Rookie Snap Projections: Caleb Banks leads the class with a projected 520 snaps and 10 starts; Charles Demmings sits at the floor with 210 snaps and zero starts — “less than 20% of snaps per game.”
sleepyhack
2 months ago
The Minnesota Vikings haven't had many hits in the draft in recent years. Could their top pick from the 2026 draft class be their next big disappointment?
In April, the Vikings shocked the NFL landscape by drafting Florida defensive lineman Caleb Banks with the 18th overall pick. Two foot surgeries since August 2025 led most to believe Banks could potentially slide into the second round. But Minnesota is convinced Banks will be healthy when training camp begins later this month.
Still, not everyone is convinced Banks will be healthy or even live up to his potential. Moe Moton of Bleacher Report listed each NFL team's biggest bust for the 2026 season, whether a draft pick or a veteran signing. Moton listed Banks as the Vikings' biggest bust, citing health concerns.
The Minnesota Vikings selected Banks with the No. 18 overall pick in the draft, and he's yet to participate in practice. Head coach Kevin O'Connell expects the 6'6", 327-pound defensive tackle to be ready for training camp (h/t ESPN's Kevin Seifert).
Even if Banks is on the practice field in a couple of weeks, the Vikings probably won't ramp him up to full speed right away. After missing spring practices, the rookie first-rounder may see limited reps, which may delay his start to the season and push for a prominent role on the defensive line.
blinKfetch0
3 months ago
The Vikings' selection of Caleb Banks is going to be debated for months until he steps on the field in a regular-season game. Given the injury concerns, folks will want to see how sustainable his play is, but, of course, they will hope for the best.
This past week, Minnesota Vikings head coach Kevin O'Connell gave a promising update on the former Florida Gator. Banks is coming back from a broken foot he suffered during Senior Bowl practices in January, but O'Connell believes that he will be back for training camp next month.
ESPN's Kevin Seifert shared the news from the presser on social media.
Banks is expected to compete for a prominent role on the Vikings' defensive line in 2026. The team released starters Javon Hargrave and Jonathan Allen and will need a tag team partner for Jalen Redmond. Together, Redmond and Banks could be the future of the line but first their top pick in April's draft needs to get healthy.
This article originally appeared on Vikings Wire: Caleb Banks is set to be back for training camp for the Vikings

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