Akamai Technologies (AKAM) continues to make notable strides in the market, generally outperforming competitors despite slight dips. Over
the past five years, investors have seen a
10% return. The company recently reported
higher Q2 revenue and profit, surpassing estimates. Additionally, Akamai has displayed exceptional
environmental management standards as seen in their ISO 14001 attestation. It also shows growth in both
real margins and its
strong performing segments. The company has also created significant
partnerships such as one with
Neural Magic to boost deep learning AI, and has successfully acquired API Security Company,
Noname. Akamai's growth and value have been noticed, with several agencies, including
APG Asset Management and
Distillated Capital Partners, increasing their shares. However, the company has seen some setbacks including slowing traffic growth touching on
guidance and some insiders showing hesitance by selling shares. Furthermore, Akamai faces potential geopolitical tensions driving an increase in
DDoS attacks on financial institutions.
Akamai Technologies AKAM News Analytics from Tue, 13 Feb 2024 08:00:00 GMT to Sun, 29 Sep 2024 09:27:11 GMT -
Rating 4
- Innovation 7
- Information 7
- Rumor 3
