Akamai Stock News

Akamai Technologies, Inc. (NASDAQ:AKAM ) Q2 2024 Earnings Conference Call August 8, 2024 4:30 PM ET Company Participants Mark Stoutenberg - Head of IR Tom Leighton - CEO & Co-Founder Ed McGowan - EVP, CFO Conference Call Participants Patrick Colville - Scotiabank Keith We iss - Morgan Stanley John DiFucci - Guggenheim Securities Mark Murphy - JPMorgan Madeline Brooks - Bank of America Alex Hend...

Akamai Technologies forecast third-quarter revenue and profit above estimates on Thursday, betting on strong demand for its cybersecurity services as businesses spend heavily on safeguarding their systems against rising threats from hackers.

Innovation always moves forward: that's the driving narrative behind tech stocks to buy on discount. No, I'm not going to blow smoke.

Second  quarter revenue of  $980 million, up 5% year-over-year and up 6% when adjusted for foreign exchange* Security and compute revenue represented 66% of total revenue in the second quarter and combined grew 17% year-over-year and 18% when adjusted for foreign exchange* GAAP net income per diluted share of $0.86, up 2% year-over-year and up 6% when adjusted for foreign exchange*, and non-GAA...

I feel that edge computing stocks should be on investors' radar. We're seeing rapid changes in how data is being transformed and processed, with edge computing stocks being vital players.

Finding the best edge computing stocks often relies on seeing which company has the most successful specialized application of the technology. For example, the term edge computing can refer to cloud computing provided at the physical edges of a network, or it can refer to 5G networks that connect an internal network to a private server for off-site calculations.

The new digital age for cybersecurity stocks to me is reflective of a number of long-term trends that could reshape the industry. One of the significant trends is the growing usage of artificial intelligence and machine learning in cybersecurity.

Companies combine security information and event management (SIEM) technology with Zero Trust solutions to help increase enterprises' overall security posture. CAMBRIDGE, Mass.