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Akamai Technologies Inc - AKAM STOCK NEWS

Welcome to our dedicated news page for Akamai Technologies (Ticker: AKAM), a resource for investors and traders seeking the latest updates and insights on Akamai Technologies.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Akamai Technologies's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Akamai Technologies's position in the market.

News
AKAMAI REPORTS FOURTH QUARTER 2023 AND FULL-YEAR 2023 FINANCIAL RESULTS
Rhea-AI Summary
Akamai Technologies, Inc. reports strong financial results for Q4 and full-year 2023, with revenue growth, increased net income, and positive outlook for 2024. Security and compute revenue saw significant growth, while delivery revenue declined. The company plans to focus on profitability, security offerings, and cloud computing expansion in 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-8.2%
Tags
earnings
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News
Akamai Announces Content Protector to Stop Scraping Attacks
Rhea-AI Summary
Akamai Technologies, Inc. (NASDAQ: AKAM) has announced the availability of Content Protector, a product designed to stop scraping attacks without blocking legitimate traffic. The product helps detect and mitigate evasive scrapers that steal content for malicious purposes, offering improved site performance, enhanced user experience, and protection of intellectual property. It provides tailored detections that include protocol-level assessment, application-level assessment, user interaction analysis, user behavior monitoring, and risk classification. According to Rupesh Chokshi, SVP and GM, Application Security at Akamai, Content Protector is more than just a security tool; it's a business enabler that safeguards digital assets from scraping threats, prevents competitors from undercutting offers, enhances site performance, and protects brands from counterfeiters.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.1%
Tags
none
-
News
Akamai Technologies To Hold Fourth Quarter and Full-Year 2023 Investor Conference Call On Tuesday, February 13, at 4:30 PM ET
Rhea-AI Summary
Akamai Technologies, Inc. (NASDAQ: AKAM) has announced a conference call for investors on February 13, 2023, to discuss the company's fourth quarter and full-year 2023 financial results, along with potential forward-looking financial guidance. The call will also be broadcast live online and a replay will be available for two weeks following the conference. Investors can access the archived webcast through the Akamai website.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.31%
Tags
none
News
Akamai Foundation Announces 2023 Grant Recipients
Rhea-AI Summary
Akamai Technologies, Inc. (NASDAQ: AKAM) announces the Akamai Foundation 2023 global STEM education grants to encourage the next generation of technology innovators. The grants focus on digital inclusion and equal access to quality STEM education, totaling $2 million. The Empower grants support underrepresented populations in college, technology career pathways, and entrepreneurship.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.11%
Tags
none
-
News
Akamai Named to Environmental, Social, and Governance Stock Indexes
Rhea-AI Summary
Akamai Technologies, Inc. (NASDAQ: AKAM) has been included in the 2023 Dow Jones Sustainability Indices (DJSI) and the FTSE4Good Index. The company continues to prioritize ESG factors and has shown notable improvements in its sustainability score, with rankings in the 91st percentile in the IT Software and Services sector. Akamai has also been included in the FTSE4Good Index Series for the ninth consecutive year, demonstrating its commitment to sustainable business practices.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.71%
Tags
none
-
News
Hydrolix Joins Akamai Qualified Computing Partner Program
Rhea-AI Summary
Akamai Technologies Inc. (NASDAQ: AKAM) details capabilities from Hydrolix Inc. as part of the Akamai Qualified Computing Partner Program. Hydrolix offers TrafficPeak powered by Akamai, a managed observability platform that delivers real-time data visualization and long-term data retention to Akamai customers at a fraction of the cost of other observability technologies. This integration provides critical insights into applications, users, and infrastructure, enabling the identification of potential security threats and other incidents.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.05%
Tags
none
News
Akamai and Deloitte Announce Strategic Alliance to Deliver Zero Trust Segmentation and Managed Incident Response
Rhea-AI Summary
Akamai Technologies (NASDAQ: AKAM) and Deloitte form strategic alliance to provide Zero Trust microsegmentation and incident response services to mitigate ransomware attacks. The alliance combines Deloitte's cybersecurity expertise with Akamai Guardicore Segmentation solution, offering immediate protection from ransomware attacks, as highlighted by a recent report from Akamai. This alliance addresses the growing threat of ransomware attacks and the importance of defending organizations against these threats.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.7%
Tags
none
-
News
AKAMAI REPORTS THIRD QUARTER 2023 FINANCIAL RESULTS
Rhea-AI Summary
Akamai Technologies (NASDAQ: AKAM) reports 9% year-over-year revenue growth to $965 million in Q3 2023, driven by a 20% increase in security and compute revenue. GAAP diluted EPS up 33% to $1.04, and non-GAAP diluted EPS up 29% to $1.63. Full-year revenue and non-GAAP diluted EPS guidance increased.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.56%
Tags
earnings
-
News
Ransomware Attacks Have Doubled Over the Past Two Years, According to Akamai Research
Rhea-AI Summary
Akamai Technologies releases report on the rise in ransomware attacks and the adoption of Zero Trust and microsegmentation. Organizations surveyed experienced an average of 86 ransomware attacks in the past 12 months, up from 43 attacks two years ago. 99% of respondents who deployed segmentation also implemented a Zero Trust security framework. Deployment of microsegmentation was lower than expected, with only 30% of organizations segmenting across more than two critical areas. Obstacles to deployment include lack of skills/expertise, performance bottlenecks, and compliance requirements.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.06%
Tags
none
News
Global Security Solutions Market to Garner Valuation of USD 564.53 Million by 2030, Exhibiting 8.15% CAGR, Fueled by Growing Implementation Across Diverse Industries, States Kings Research
Rhea-AI Summary
The global Security Solutions Market is projected to reach USD 564.53 million by 2030, with a CAGR of 8.15% from 2023 to 2030. The market is driven by increasing implementation of security solutions by businesses in various sectors, rising public awareness of security issues, and growing reliance on digital technologies worldwide.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.6%
Tags
none
Stock AKAM logo
Akamai Technologies Inc

Nasdaq:AKAM

AKAM Rankings

#757 Ranked by Market Cap
#1061 Ranked by Stock Gains
N/A Ranked by Dividends

AKAM Stock Data

15.85B
148.63M
1.82%
98.26%
5.22%
Data Processing, Hosting, and Related Services
Information
Link
US
Cambridge

About AKAM

if you've ever shopped online, downloaded music, watched a web video or connected to work remotely, you've probably used akamai's cloud platform. akamai helps businesses connect the hyperconnected, empowering them to transform and reinvent their business online. we remove the complexities of technology so you can focus on driving your business faster forward – enabling you to embrace trends like cloud, mobile and media, while overcoming the challenges presented by security threats and the need to reach users globally. customers trust our cloud platform to securely deliver high-performing user experiences to any device, anywhere. reaching globally and delivers locally, the akamai intelligent platform™, provides customers with unmatched reliability, security, and visibility into their online businesses. follow us at @akamai, visit our facebook page at http://www.facebook.com/akamaitechnologies, and check out our videos on youtube at http://www.youtube.com/user/akamaitechnologies. a