The Trump administration is considering new tariffs on semiconductors that could affect a wide range of tech products, potentially hindering US AI ambitions. Okta's stock rose after strong Q2 results and raised guidance, signaling strong demand for its security solutions. Meanwhile, HP's shares fell due to margin pressures and declining PC shipments despite potential AI-related growth. Unilever plans to sell Colman's mustard to ease competition concerns ahead of its McCormick acquisition, and Take-Two will debut a GTA 6 preview exclusively on Netflix.
Nvidia reported record revenue driven by AI demand, highlighting a surge in cybersecurity stocks like CrowdStrike and Okta as companies invest more in protecting AI systems. Nvidia's $96.2 billion quarter and strong forecasts signal expanding AI depl...
Shares of CrowdStrike and Okta surged after both companies beat earnings expectations and raised forecasts, driven by increased cybersecurity spending amid rising AI threats. The adoption of AI has led to more sophisticated cyberattacks, prompting bu...
Cybersecurity stocks rallied strongly following better-than-expected Q2 2027 earnings reports from Okta and CrowdStrike. Okta's shares jumped 22% after reporting $805 million in revenue and positioning itself as a key security layer for AI agents, wh...
Okta Inc reported fiscal Q2 revenue of $805 million, beating estimates and up 11% year-over-year, with subscription revenue rising 12%. Non-GAAP earnings per share were $1.05, surpassing expectations, and GAAP net income nearly doubled to $116 millio...
Okta is rated a Buy due to steady revenue growth, expanding large enterprise accounts which now make up 85% of total annual contract value, and improving profit margins. The company projects 10-11% revenue growth and strong operating and free cash fl...
