AKAM News and Press, Akamai Technologies Inc. From 05/31/22

The market has misunderstood Akamai's Q1 2022 results. Two of the company's three verticals are growing at over 20%, with the third one financing the growth of the other two. Akamai's acquisitions are likely to strengthen the company's position as an end-to-end cloud platform. ...

Due to the company's softening business, reduced guidance, and the current macro investment environment, I am lowering my rating on AKAM from BUY to HOLD. While Q1's results were relatively "ok", the outlook for the rest of the year is cloudy and after being goosed by the pandemic, AK...

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Citi says investors should still be looking for quality stocks when dealing with the Fed rate hike cycle and a possible recession. "Admittedly, stocks with high-quality attributes have not been immune from this year’s volatility," equity strategist Scott Chronert wrote in a note. "Why?...

Akamai Technologies (NASDAQ:AKAM) quickly rose 2.7% after a report on takeover speculation. There's speculation that the cloud services and content delivery company may be seeing interest from a mystery buyer, according to a Betaville "uncooked" alert. The identify of the potential bidde...

Investors bailed out of tech and growth stocks even as tech insiders added more. Insider buying on the XLK ETF has surged to the highest in the last ten years. We discuss why the bottoming in tech and growth stocks could be forming. Subsequently, we believe the outperformance in growt...

Akamai Launches First NFT Artwork Dynamically Fueled by the Internet PR Newswire Multidisciplinary artist R. Luke DuBois shapes trillions of bytes of Akamai data into "Portrait of Life Online" available for auction on May 11, 2022 CAMBRIDGE, Mass. ...

A strong dollar is making U.S. goods more expensive for the rest of the world, and that's hurting U.S. stocks of companies that export. In one example, Akamai (AKAM) management is expecting much greater foreign exchange headwind for the rest of the year, according to its Q1 earnings call. Col...

CloudFlare (NYSE:NET) shares fell sharply on Friday even as the security and content delivery provider posted first-quarter results and guidance that topped estimates. For the period ending March 31, CloudFlare (NET) said it earned an adjusted 1 cent per share on $212.2 million in revenue, co...

While the Federal Reserve took much of the focus during Wednesday's midday session, the release of quarterly results still represented a key catalyst for individual stocks. This included substantial post-earnings declines in Akamai (NASDAQ:AKAM), Johnson Controls (JCI) and Revolve Group (RVLV...