The S&P 500 and Nasdaq futures rose, driven by strong earnings reports and a resilient market despite recent tensions near the Strait of Hormuz. Technology stocks led gains, with the Nasdaq on track for a 2.8% weekly increase and the S&P 500 up about 1.5%. Investors are closely watching the upcoming US jobs report, which could influence Federal Reserve rate expectations. The market remains bullish, with no immediate signs of a top, as technical indicators hold steady and geopolitical risks seem priced in for resolution rather than escalation.
An Akamai Technologies executive sold 3,100 shares as the company shifts focus from its declining content delivery network business to high-growth cloud infrastructure and cybersecurity services. This strategic pivot is supported by a $1.8 billion, s...
Akamai's 2026 security report reveals commerce is now the most targeted industry by cybercriminals due to rising AI bot traffic, which makes up nearly 48% of commerce network activity. The report highlights increasing Layer 7 DDoS attacks, sophistica...
Akamai Technologies is transitioning from its declining content delivery business to focus on cloud infrastructure and security, supported by a $1.8 billion, seven-year cloud contract. The company expects its Cloud Infrastructure Services to grow at ...
