In the third quarter of 2025, revenue rose 5% year-over-year to about $1.05 billion, with security revenue up 10% YOY and cloud computing revenue up 8% YOY, even as delivery revenue fell 4% YOY. Security was still the biggest and strongest segment during Q3 at $568 million, while cloud computing came in at $180 million, helped by cloud infrastructure services revenue of $81 million, which jumped 39% YOY and shows momentum in newer offerings.Akamai’s forward price-to-earnings (P/E) is around 19.5 times, belo ...

Economic Data and Fed Insights - The week begins with comprehensive manufacturing assessments through PMI and ISM data, which will provide insights into industrial sector health, new orders, employment trends, and pricing pressures [1][2] - Fed Chair Powell's evening speech on Monday is significant as it may be the last major communication before the December meeting, with market reactions expected based on his commentary regarding economic data and inflation [1][2] Cloud Software Earnings - Wednesday's earnings from Snowflake and Salesforce are critical for assessing cloud software valuations and enterprise technology spending trends, with Snowflake focusing on data analytics demand and Salesforce on CRM software demand [3] - Both companies face high expectations following strong performances in cloud infrastructure stocks, making their results and guidance important for validating current valuations [3] Cybersecurity and Semiconductor Demand - Earnings from CrowdStrike and Marvell on Tuesday will provide insights into cybersecurity spending and semiconductor demand, with CrowdStrike focusing on endpoint security and Marvell on data center networking chip demand [4] - Marvell's guidance on AI chip design and optical connectivity demand will be crucial for understanding the broader semiconductor ecosystem's participation in AI infrastructure [4] Services Sector and Employment Indicators - Wednesday's services sector assessment through Services PMI and ISM Non-Manufacturing PMI will provide insights into business activity in the largest sector of the economy, with a focus on inflation perspectives [5][6] - The convergence of services activity data and employment indicators will help assess economic momentum heading into year-end, influencing Fed policy decisions [6] Core PCE: Inflation Measure - Friday's Core PCE Price Index is the Fed's preferred inflation measure and will be analyzed for evidence of inflation returning to the 2% target, impacting December policy meeting expectations [7] - The report's timing close to the December meeting means significant deviations from expectations could trigger volatility in rate-sensitive sectors [7]