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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 Extends Its Industry-Leading DDoS Defense with Prolexic On-Prem and Hybrid Options Powered by Corero
Rhea-AI Summary
Akamai partners with Corero Network Security to offer comprehensive DDoS protection solutions
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.75%
Tags
none
-
News
Cost Pressures, Viewer Expectations Play Prominently as M&E Businesses Seek Cloud Agility
Rhea-AI Summary
Akamai study shows M&E businesses considering moving away from legacy cloud providers due to cost pressures. High customer expectations driving cloud adoption. Concerns about existing cloud infrastructures future-proofing industry's growth. Rising costs and increasing data volume are top challenges. Storage is the most common streaming use case for cloud services. Businesses look to cloud providers for competitive advantage and improved customer experience.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.75%
Tags
none
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News
Akamai Technologies Acquires Select Enterprise Customer Contracts from StackPath
Rhea-AI Summary
Akamai acquires assets from StackPath, adding $20 million in revenue and $0.03-0.05 EPS in 2024. No material impact on Q3 or full-year 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.15%
Tags
acquisition
News
Akamai Survey Finds Third-Party Defenses Help Reduce Risk from Online Threats
Rhea-AI Summary
Akamai Technologies releases survey on specialized defenses against bots, ATO attacks, script risks, and audience hijacking. 89% of respondents use third-party solutions to combat bots, with 97% reporting improvement. 79% experienced ATO attacks, with 66% seeing significant improvement. 81% targeted by script risks, with 71% seeing a significant reduction. 26% impacted by audience hijacking. Regional breakdown shows high rates of attacks in the US and APAC.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.77%
Tags
none
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News
Akamai Announces Pricing of Upsized Offering of Convertible Senior Notes
Rhea-AI Summary
Akamai Technologies, Inc. (NASDAQ: AKAM) has priced its private offering of $1.1 billion in convertible senior notes due 2029. The offering was upsized from the previously announced $1 billion. The notes will bear interest at a rate of 1.125% per year and will be convertible to cash, shares of common stock, or a combination of both. The estimated net proceeds from the offering will be approximately $1.0845 billion.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.39%
Tags
none
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News
Akamai Announces Proposed Offering of Convertible Senior Notes
Rhea-AI Summary
Akamai Technologies, Inc. (NASDAQ: AKAM) announces a proposed offering of $1,000,000,000 in convertible senior notes due 2029 to qualified institutional buyers. The notes will be sold with an option for additional purchase. Akamai plans to use the net proceeds to repay outstanding notes, pay for convertible note hedge transactions, and repurchase shares of its common stock.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.81%
Tags
none
News
Akamai Technologies Granted Investment-Grade Ratings by Credit Rating Agencies
Rhea-AI Summary
Akamai Technologies, Inc. has received investment-grade ratings from Moody's and S&P. Moody's rated Akamai Baa2 with a stable outlook, while S&P assigned the company a BBB+ rating with a stable outlook. The ratings reflect Akamai's leading position in the CDN market, strong operating performance, robust liquidity, and conservative financial profile.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
8.47%
Tags
none
-
News
AKAMAI REPORTS SECOND QUARTER 2023 FINANCIAL RESULTS
Rhea-AI Summary
Akamai Technologies reports Q2 revenue of $936 million, up 4% YoY. Security and compute revenue grew 14% YoY. GAAP diluted EPS of $0.84, down 1% YoY. Guidance increased for full-year revenue and non-GAAP net income per diluted share.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
8.47%
Tags
earnings
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News
Akamai Announces Partnership With WWT to Expand Reach of Security Solutions
Rhea-AI Summary
Akamai Technologies, Inc. (NASDAQ: AKAM) and World Wide Technology (WWT) announced a strategic partnership to offer Akamai's security solutions to WWT's global customers. WWT delivers Akamai's security solutions to its enterprise, service provider and public sector customers globally. Akamai's API Security and Guardicore Segmentation solutions are running in WWT's Advanced Technology Center, making Akamai proofs of concept, labs, demos, and testing simple and efficient.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.4%
Tags
partnership
News
Akamai Research: Rampant Abuse of Zero-Day and One-Day Vulnerabilities Leads to 143% Increase in Victims of Ransomware
Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.91%
Tags
none
Stock AKAM logo
Akamai Technologies Inc

Nasdaq:AKAM

AKAM Rankings

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

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