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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.

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
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End-of-Day
-1.6%
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Rhea-AI Summary
Akamai Technologies has launched new Akamai Prolexic scrubbing centers in Toronto and Montreal, providing world-class distributed denial-of-service (DDoS) protection. These centers offer benefits such as minimizing latency, optimizing operational costs, and enhancing visibility into region-specific patterns of DDoS attacks. With a network of cloud scrubbing centers across 32 global metropolitan areas, Akamai's Prolexic platform offers a defense capacity of over 20 Tbps. The recent increase in cyberthreats in Canada makes this launch significant for organizations in the region.
Rhea-AI Impact
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End-of-Day
-1.6%
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Rhea-AI Summary
GlobalLogic and Akamai announce a strategic partnership to offer enterprise technology solutions to customers globally. GlobalLogic will design and build innovative products and digital experiences using Akamai's cloud computing services and content delivery network. The partnership aims to serve customers in various industries including media & entertainment, telecommunications, financial services, automotive, and e-commerce.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.76%
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partnership
Rhea-AI Summary
Akamai Technologies acquires assets from Lumen Technologies to expand its offerings and support to Lumen customers.
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Rhea-AI Sentiment
End-of-Day
2.33%
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Rhea-AI Summary
Akamai Technologies to hold conference call for investors on November 7, 2023
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Rhea-AI Sentiment
End-of-Day
2.33%
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Rhea-AI Summary
Akamai Technologies announces new capabilities to its Client-Side Protection & Compliance product to help organizations ensure compliance with PCI DSS v4.0 JavaScript security requirements. The new capabilities include script inventory management, a PCI DSS v4.0 dashboard, and dedicated PCI alerts. These capabilities streamline compliance workflows and provide extensive visibility into the client-side attack surface. Businesses across all industries that accept payments online need to prepare for the upcoming PCI DSS v4.0 deadline. Forrester's report highlights client-side protection as a key technology that financial services and insurance organizations plan to adopt this year.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.13%
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Rhea-AI Summary
Akamai Technologies releases Client-Side Protection & Compliance product in Microsoft Azure Marketplace, providing extensive visibility into client-side attack surface and helping streamline compliance workflows. Critical PCI DSS v4.0 compliance capabilities include script inventory management, PCI DSS v4.0 dashboard, and dedicated PCI alerts. Akamai aims to simplify compliance process and protect end-user payment card data.
Rhea-AI Impact
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End-of-Day
-1.13%
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Rhea-AI Summary
Financial services has surpassed gaming as the top vertical for DDoS attacks. Application and API attacks in the financial services vertical grew by 65% from Q2 2022 to Q2 2023, totaling over 9 billion attacks. The Europe, Middle East, and Africa region accounts for 63.5% of DDoS events. Financial services remains the most targeted web attack vertical in the APJ region. The number of malicious bot requests increased by 69%. LFI vulnerabilities are driving the surge in web application and API attacks with 53% growth in the last year.
Rhea-AI Impact
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End-of-Day
0.28%
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Rhea-AI Summary
Akamai Technologies announces seven new core compute regions across Europe, Asia, North America, and Latin America, including Amsterdam, Jakarta, Los Angeles, Miami, Milan, Osaka, and São Paulo. The addition of São Paulo and Miami makes it easier for companies to do business in Latin America and positions Akamai as a strong competitor in the market. Akamai's cloud computing services are ideal for high-performance workloads and the company emphasizes a distributed and decentralized cloud architecture. The new regions expand Akamai's cloud computing network and improve connectivity and user experience.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.28%
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Rhea-AI Summary
Ateme joins Akamai Qualified Computing Partner Program, offering high-quality video-delivery solutions to Akamai customers. Ateme's solution running on Akamai provides low latency, better throughput, and cost benefits. Partnership enhances Akamai's cloud computing services.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.26%
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Akamai Technologies Inc

Nasdaq:AKAM

AKAM Rankings

AKAM Stock Data

15.52B
148.63M
1.82%
98.3%
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