SAN FRANCISCO--(BUSINESS WIRE)--Fastly, Inc. (NYSE: FSLY), a leader in global edge cloud platforms, announced today it was named a 2025 Gartner® Peer Insights™ Customers' Choice for Cloud Web Application and API Protection (WAAP). Fastly received overall high ratings and is the only vendor to earn this recognition for seven consecutive years. The Gartner Peer Insights platform contains user posts, reviews, ratings, surveys, polls and other similar user-generated types of content and programs de. ...

Core Viewpoint - Kuehn Law, PLLC is investigating potential breaches of fiduciary duties by certain officers and directors of Fastly, Inc. due to allegations of misrepresentation regarding the company's growth and market position [1][2]. Summary by Relevant Sections Allegations of Misrepresentation - Insiders at Fastly allegedly caused the company to misrepresent its growth, indicating a significant deceleration among its largest customers and a loss of market share gained from the 2023 CDN consolidation trend [2]. - The issues mentioned are likely to have a material negative impact on Fastly's revenue growth [2]. - Fastly is unlikely to meet its previously issued revenue guidance for FY 2024 due to these challenges [2]. - Consequently, the company's financial position and prospects were overstated, leading to materially false and misleading public statements [2]. Legal Action - Shareholders who purchased Fastly stock prior to February 15, 2024, are encouraged to contact Kuehn Law for potential legal action, as there may be limited time to enforce their rights [3].

Core Insights - Fastly (NYSE: FSLY) was a prominent meme stock in 2020, achieving a market capitalization exceeding $12 billion at its peak [1] - As of now, Fastly has experienced a significant decline, losing approximately 90% of its value over the past five years, leading to stagnation in its stock performance [1] Company Analysis - The company has faced challenges in maintaining its market value, indicating potential issues in growth or market perception [1] - The current stock performance suggests a need for strategic reassessment to identify new growth opportunities within the technology sector [1]

Core Insights - Fastly (NYSE: FSLY) was a prominent meme stock in 2020, achieving a market capitalization exceeding $12 billion at its peak [1] - As of now, Fastly has experienced a significant decline, losing approximately 90% of its value over the past five years, leading to stagnation in its stock performance [1] Company Analysis - The company has been impacted by broader market trends, particularly in the technology sector, which has seen fluctuations in growth opportunities [1] - Fastly's current valuation reflects a challenging environment for tech-related securities, indicating potential risks for investors [1] Market Context - The decline in Fastly's stock value is indicative of the volatility associated with meme stocks and the tech industry [1] - The performance of Fastly serves as a case study for the risks involved in investing in high-growth technology companies that may not sustain their initial market enthusiasm [1]

Group 1: Fastly (FSLY) - Fastly shares increased by 13.3% to close at $8.76, supported by high trading volume, compared to an 11.2% gain over the past four weeks [1] - The company is experiencing benefits from improved go-to-market execution, product expansion, and favorable pricing dynamics [1] - The consensus EPS estimate for the upcoming quarter has been revised marginally higher, indicating a positive trend that may lead to price appreciation [3] Group 2: CS Disco (LAW) - CS Disco's consensus EPS estimate for the upcoming report remains unchanged at -$0.06, consistent with the previous year's report [4] - CS Disco has a Zacks Rank of 3 (Hold), similar to Fastly [4] - CS Disco's stock closed 4.3% higher at $6.04, with an 18.2% return over the past month [3]

Company Overview - Fastly has recently welcomed a new Chief Financial Officer (CFO), Richard Wong, who is attending his first conference in this role [2] - Wong has a background as a third-time CFO and aims to contribute significantly to Fastly's financial profile and overall value [2] Product and Business Insights - The company offers a product that is well-received by customers, providing substantial value [3] - Fastly's business model integrates various functions including R&D, product technology, and go-to-market strategies, indicating a comprehensive approach to its operations [3]

Core Insights - Fastly conducted a survey revealing that senior developers use AI-generated code 2.5 times more than junior developers, with about one-third of senior developers reporting that over 50% of their code is AI-generated [1][2][9] - The survey highlights the "hidden costs" of AI coding, particularly the time spent identifying and fixing AI-generated errors, which can negate productivity gains [1][11][14] Group 1: Developer Experience and AI Usage - Senior developers (10+ years of experience) are more optimistic about AI's role in coding, with 59% believing AI tools help them deliver code faster, compared to 49% of junior developers [7][8] - Only 13% of junior developers reported using AI for over 50% of their code, while this figure rises to 32% for senior developers, indicating that experience influences AI adoption [9][10] - The survey found that 26% of senior developers felt AI made them "much faster," compared to only 13% of junior developers [7][8] Group 2: Perceived Productivity and Challenges - Nearly 30% of senior developers reported spending more time modifying AI outputs, which offsets time savings, while only 17% of junior developers felt the same [11][12] - Despite the challenges, over half of the developers still believe that tools like Copilot, Gemini, or Claude make them overall faster [11][12] - The phenomenon of "false progress" is noted, where initial speed gains from AI usage are often lost due to frequent modifications and debugging [13][14] Group 3: Emotional and Environmental Considerations - AI tools provide emotional value, with nearly 80% of developers stating that AI makes programming more enjoyable by reducing repetitive tasks and providing instant code generation [14][15] - The survey also assessed awareness of green coding practices, showing that over 56% of junior developers consider energy consumption, while this figure approaches 80% for mid to senior developers [15] - Approximately two-thirds of developers recognize the carbon emissions associated with AI tools, indicating that green coding is becoming part of developer culture [15]

Group 1 - DeepSeek and Yushu Technology have been included in the 2025 Fortune China Technology 50 list, with DeepSeek's DeepSeek-R1 model scoring 88.5 in the MMLU benchmark test and achieving 163 million monthly active users as of June 2025, leading the global AI-generated content applications [2][5] - Yushu Technology sold 18,000 quadruped robots in 2024, capturing 23% of the global market share, ranking second globally, and received the 2025 Global Award from the World Intellectual Property Organization, showcasing its advantages in core robotics technology and intellectual property layout [2][5] - Vivo launched its first mixed reality headset, Vivo Vision, featuring dual 8K Micro-OLED displays and the Qualcomm Snapdragon XR2+ Gen 2 chip, weighing 398 grams, with no current sales date or price announced [2][5] Group 2 - Zhiyuan Robotics released the LinkCraft platform, a multi-modal content generation and editing tool for robots, which will have its beta version launched in October 2023 [4] - DeepSeek announced the release of its next-generation domestic chip, DeepSeek-V3.1, which features a hybrid reasoning architecture and improved efficiency compared to its predecessor [4][6] - OpenAI's Chief People Officer Julia Villagra has resigned after less than six months in the position [8] Group 3 - Intel is facing talent loss due to the cancellation of key projects, with companies like Samsung actively recruiting top engineers from Intel, particularly in advanced semiconductor packaging technology [9] - AI startup Anthropic is nearing a new funding round of up to $10 billion, doubling its previous target of $5 billion, with interest from several prominent investment firms [10] - Google disclosed that its AI chatbot Gemini consumes a median of 0.24 watt-hours per query, with significant improvements in energy efficiency over the past year [11] Group 4 - AWS CEO Matt Garman criticized the idea of replacing entry-level employees with AI, emphasizing the importance of experienced staff who grow from entry-level positions [12] - Elon Musk's company X has reached a preliminary settlement to pay $500 million in severance to 6,000 former Twitter employees [13] - Meta and Google have entered into a six-year cloud agreement valued at over $10 billion, allowing Meta to utilize Google Cloud's services [13] Group 5 - The Seed team launched the open-source large language model Seed-OSS, which has 36 billion parameters and excels in long-text understanding and reasoning tasks [14] - DeepSeek announced an adjustment in API interface calling prices, effective September 6, 2025, with the cancellation of night discounts [14][15] - Tencent Cloud's CodeBuddy IDE domestic version has officially entered public testing, supporting various latest models and tools for developers [15]

Core Viewpoint - Fastly (FSLY) is showing potential for a bullish trend as it has crossed above the 20-day moving average, indicating a key level of support and a possible rally ahead [1][4]. Technical Analysis - FSLY has recently moved 6.2% higher over the last four weeks, suggesting positive momentum [4]. - The 20-day simple moving average is a significant trading tool that helps in identifying short-term trends by smoothing out price fluctuations [1][2]. Earnings Estimates - There have been five upward revisions for FSLY's earnings estimates for the current fiscal year, with no downward revisions, indicating strong investor confidence [4]. - The consensus estimate for FSLY has also increased, further supporting the bullish outlook [4][5].

Group 1 - Fastly (FSLY) has reached a significant support level and shows potential for investors from a technical perspective, having recently broken through the 50-day moving average, indicating a short-term bullish trend [1] - Over the past four weeks, FSLY has gained 6.2%, and is currently ranked a Zacks Rank 3 (Hold), suggesting the stock could move higher [2] - There have been 5 upward revisions in earnings estimates for the current fiscal year, with none lower, and the consensus estimate has also increased, reinforcing the bullish outlook [2][3] Group 2 - The combination of positive technical factors and earnings estimate revisions suggests that investors may want to monitor FSLY for potential gains in the near future [3]