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 ...

Akamai Technologies Inc (NASDAQ: AKAM) needs to merge with the likes of Cloudflare or Fastly, as per Jim Cramer. Shares of the Cambridge-headquartered firm are down 8.0% on Friday.Are you looking for signals & alerts from pro-traders? Sign-up to Invezz Signals™ for FREE. Takes 2 mins.Cramer shares view on Akamai Technologies Copy link to sectionThe Mad Money host was all praise for the cybersecurity unit of $AKAM on CNBC’s “Squawk Box” today.  But its content delivery network, he added, is “old fashioned” a ...

Key TakeawaysShares of Akamai Technologies fell sharply in premarket trading Friday morning after the software infrastructure company's current-quarter and full-year guidance came in below Street expectations.The company said its outlook reflects a stronger dollar, a large social media customer rationalizing costs, and slowing traffic growth across the industry.Monitor an area on the chart between $89 and $94, where the price may find buying interest in a zone of support from prior price action between Nove ...

Akamai Technologies, Inc. (NASDAQ:AKAM) Q1 2024 Earnings Conference Call May 9, 2024 4:30 PM ET Company Participants Mark Stoutenberg - Head of IR Tom Leighton - CEO & Co-Founder Ed McGowan - EVP, CFO Conference Call Participants Madeline Brooks - Bank of America Joshua Baer - Morgan Stanley James Fish - Piper Sandler Fatima Boolani - Citi Mark Murphy - JPMorgan Frank Louthan - Raymond James Jonathan Ho - William Blair Alex Henderson - Needham Rudy Kessinger - D.A. Davidson Tom Blakey - KeyBanc Capital Mark ...

For the quarter ended March 2024, Akamai Technologies (AKAM) reported revenue of $986.97 million, up 7.8% over the same period last year. EPS came in at $1.64, compared to $1.40 in the year-ago quarter.The reported revenue represents a surprise of -0.23% over the Zacks Consensus Estimate of $989.22 million. With the consensus EPS estimate being $1.61, the EPS surprise was +1.86%.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to deter ...