“Microsegmentation is providing value in more security contexts,” report states “Microsegmentation is providing value in more security contexts,” report states
Akamai Technologies announces a new cloud infrastructure services contract worth more than $600 million. Second-quarter adjusted earnings top estimates.
Software stocks lead the broader market higher after a slew of solid earnings reports ease fears about AI disruption.
Akamai Technologies beat analysts' estimates for the second quarter on Thursday, supported by steady demand across its security and cloud infrastructure services portfolios, sending its shares up 10.5% in extended trading.
Second quarter revenue of $1.1 billion, up 5% year-over-year and when adjusted for foreign exchange* Cloud Infrastructure Services revenue of $99 million, up 39% year-over-year and when adjusted for foreign exchange* Security revenue of $604 million, up 10% year-over-year and up 9% when adjusted for foreign exchange* GAAP net income per diluted share of $0.52, down 27% year-over-year and down 2...
MIAMI--(BUSINESS WIRE)--T-REX, a joint venture between REX Shares (“REX”) and Tuttle Capital Management (“TCM”), today announce the launch of three new leveraged ETFs: the T-REX 2X Long AKAM Daily Target ETF (Cboe: AKAL), the T-REX 2X Long DOCN Daily Target ETF (Cboe: OCNL), and the T-REX 2X Long PENG Daily Target ETF (Cboe: PENU). AKAL seeks 200% of the daily performance of Akamai Technologies...
Key takeaways The rise of the “AI power user”: Although AI has expanded across every business function, risk is heavily concentrated. A highly active group of power users are driving the vast majority of enterprise AI exposure.