With the AI boom, it's no surprise that many sectors will experience heightened growth. One such sector for investors to take advantage of is cybersecurity.
The S&P 500 is up nearly 16% so far this year with dividends reinvested. Artificial intelligence has been the big theme driving gains for Big Tech, especially Nvidia Corp. But 38% of the S&P 500 have had negative returns during the first half of 2024.
The strategic buyout of Noname Security addresses the current security challenges and positions Akamai (AKAM) as a pacesetter in the API security industry.
In the most recent trading session, Akamai Technologies (AKAM) closed at $88.92, indicating a -0.49% shift from the previous trading day.
ASGN, AKAM and AMWD have been added to the Zacks Rank #5 (Strong Sell) List on June 12, 2024.
ARR, AKAM and USAS have been added to the Zacks Rank #5 (Strong Sell) List on May 30, 2023.
With the earnings-reporting season winding down, the windows for making insider purchases are opening up.
Akamai (AKAM) expands its cloud computing portfolio by incorporating EZDRM digital rights management as a service solution into its compute partner program.