CAMBRIDGE, Mass., June 25, 2024 /PRNewswire/ -- Akamai Technologies, Inc. (NASDAQ: AKAM), the cloud company that powers and protects life online, announces the company has completed its acquisition of application programming interface (API) security company, Noname Security. On May 7, Akamai announced an agreement between the two parties for Akamai to acquire the company in exchange for approximately $450 million.Noname, one of the top API security vendors in the market, is expected to accelerate Akamai's a ...

Undetected web scraping bots severely impact ecommerce CAMBRIDGE, Mass., June 25, 2024 /PRNewswire/ -- Akamai Technologies, Inc. (NASDAQ: AKAM), the cloud company that powers and protects life online, today released a new State of the Internet (SOTI) report that details the security and business threats that organizations face with the proliferation of web scraping bots. Scraping Away Your Bottom Line: How Web Scrapers Impact Ecommerce finds that bots compose 42% of overall web traffic, and 65% of these bot ...

In the latest trading session, Akamai Technologies (AKAM) closed at $88.92, marking a -0.49% move from the previous day. The stock's performance was behind the S&P 500's daily loss of 0.16%. Elsewhere, the Dow saw an upswing of 0.04%, while the tech-heavy Nasdaq depreciated by 0.18%.Heading into today, shares of the cloud services provider had lost 4.9% over the past month, lagging the Computer and Technology sector's gain of 6.77% and the S&P 500's gain of 3.15% in that time.Investors will be eagerly watch ...

Here are three stocks added to the Zacks Rank #5 (Strong Sell) List today:ASGN (ASGN) provides IT and professional services in the technology, digital, creative, engineering and life sciences fields across commercial and government sectors. The Zacks Consensus Estimate for its current year earnings has been revised 8.8% downward over the last 60 days.Akamai Technologies (AKAM) is a global provider of content delivery network (CDN) and cloud infrastructure services. The Zacks Consensus Estimate for its curre ...

Here are three stocks added to the Zacks Rank #5 (Strong Sell) List today:ARMOUR Residential REIT, Inc. (ARR) is a real estate investment trust. The Zacks Consensus Estimate for its current year earnings has been revised 18.6% downward over the last 60 days.Akamai Technologies, Inc. (AKAM) is a cloud services provider. The Zacks Consensus Estimate for its current year earnings has been revised 6.5% downward over the last 60 days.Americas Gold and Silver Corporation (USAS) is a mining company.The Zacks Conse ...

CEOs and Other Insiders Are Buying Shares of These 7 Stocks Veronika Ryabova / iStock via Getty Images 24/7 InsightsAs earnings-reporting season winds down, more insiders are free to buy and sell their own stocks.CEOs and others have lately been acquiring shares following quarterly reports.With the earnings-reporting season winding down, the windows for making insider purchases are opening up. In the past week, chief executives and other insiders have been scooping up shares in the wake of quarterly repor ...

Akamai Technologies Inc. (AKAM) recently announced that EZDRM Inc. has opted to join the Akamai Qualified Compute Partner Program. The program allows its technology partners to operate their applications on the Akamai Connected Cloud, providing customers with advanced, interoperable solutions.Currently, the platform hosts several technology partners offering applications such as data analytics & observability, databases, media services, digital asset management and more. The services are available for Akama ...

CAMBRIDGE, Mass., May 16, 2024 /PRNewswire/ -- Akamai Technologies, Inc. (NASDAQ: AKAM), the cloud company that powers and protects life online, announced today that EZDRM, Inc. is the latest organization to join the Akamai Qualified Compute Partner Program. EZDRM is offering an Akamai Connected Cloud–native configuration of its digital rights management as a service (DRMaaS) solution to operate in very close conjunction with edge encoders and packagers that help drive low-latency streaming services.As an A ...

Key TakeawaysThe S&P 500 was little changed, adding 0.2% on Friday, May 10, 2024, as data showed a steep drop in consumer sentiment in May.Shares of Mettler Toledo soared after the precision instrument maker beat quarterly estimates, driven by strength in its laboratory segment.Software infrastructure firm Akamai Technologies issued lackluster guidance, citing slower online traffic growth, and its shares tumbled. Major U.S. equities indexes were mixed on Friday after the latest data from the University of M ...

Akamai Technologies, Inc. (AKAM) reported modest first-quarter 2024 results, with the bottom line surpassing the Zacks Consensus Estimate but the top line missing the same. The company recorded a top-line expansion year over year, driven by solid momentum in security and compute verticals in multiple end markets. The planned buyout of Noname Security will significantly boost Akamai’s API security portfolio and enhance prospects.Net IncomeGAAP net income improved to $175.4 million or $1.11 per share from $97 ...