iHub News
3週前
Akamai Research Highlights Rising DDoS and API Security Threats Targeting Financial Services (AKAM)May 20, 2026 11:15 AM
IH Market News The company’s latest cybersecurity report points to a sharp escalation in AI-driven attacks against banks and financial institutions, with longer-lasting DDoS campaigns and increased API exploitation. Key Investor Takeaways Akamai (NASDAQ:AKAM) reported that financial services became the most targeted industry for web and API distributed denial-of-service attacks. Median duration of Layers 3 and 4 DDoS attacks against financial firms increased 738% since 2024, according to the company’s research. AKAM found that 96% of surveyed financial service organizations experienced at least one API security incident over the past year. The report also identified a 147% surge in advanced bot activity during late 2025, with one case study showing malicious scraping bots accounted for 96% of site traffic. The findings may reinforce investor focus on cybersecurity spending trends tied to AI-driven attack infrastructure and financial sector security demand. Why AKAM Stock Is in Focus Akamai released its latest State of the Internet Security report focused on cyber threats targeting financial institutions.According to the report, cybercriminals and hacktivist groups are increasingly using AI-powered infrastructure to launch larger, longer-lasting, and more sophisticated DDoS attacks against banks, payment systems, and financial applications.The company said median attack duration for Layers 3 and 4 DDoS campaigns targeting financial services rose 738% compared with 2024 levels.The report also highlighted growing risks tied to API security.Among financial sector leaders surveyed in Akamai’s 2026 API Security Impact Study, 96% reported at least one API-related security incident during the prior 12 months.Akamai additionally stated that banking organizations accounted for 60% of total web attacks and 83% of attacks directed at API endpoints during 2025.The report noted that nearly 80% of financial institutions experienced ransomware attacks over the past two years, while fewer than half adopted advanced security technologies.Regional differences were also highlighted, with EMEA most exposed to Layers 3 and 4 DDoS attacks, APAC seeing the highest Layer 7 DDoS activity, and North America experiencing the greatest concentration of web-based attacks. Why This Matters for Investors The report may matter to investors because it highlights accelerating cybersecurity risks tied to AI-enabled attack infrastructure, particularly within the financial sector.For Akamai, increasing attack complexity and API security concerns could support long-term demand for cloud security, DDoS mitigation, bot management, and enterprise protection services.The findings also suggest that digital transformation trends across banking and payments may continue expanding the attack surface for cybercriminals, potentially increasing enterprise cybersecurity spending priorities.The rise in automated malicious bot activity could further strengthen focus on AI-driven cybersecurity defenses as organizations attempt to manage increasingly sophisticated attacks.At the same time, the report underscores growing operational and regulatory pressure on financial institutions to improve cybersecurity infrastructure and API visibility capabilities. What to Watch Next Investors will likely monitor: Enterprise cybersecurity spending trends within financial services Adoption rates for API security and DDoS mitigation technologies AI-driven cyberattack activity across banking and payment platforms Regulatory developments tied to cybersecurity compliance Growth in Akamai’s cloud security and threat intelligence business Demand for bot management and API protection solutions Broader industry response to AI-powered cyber threats Akamai Technologies stock price Original: Akamai Research Highlights Rising DDoS and API Security Threats Targeting Financial Services (AKAM)
iHub News
1月前
Markets turn cautious as Middle East tensions and jobs data dominate focus: Dow Jones, S&P, Nasdaq, Wall Street FuturesMay 8, 2026 5:15 AM
IH Market News Global markets traded unevenly on Friday as renewed clashes between U.S. and Iranian forces near the Strait of Hormuz weighed on investor sentiment and pressured equities worldwide.“Markets still aren’t pricing in the worst-case scenario,” Deutsche Bank strategists led by Henry Allen wrote in their morning note to clients.Investors were also monitoring preparations for President Donald Trump’s upcoming summit with China, while a fresh batch of software earnings triggered sharp premarket swings across the technology sector. Attention later in the session will shift toward the release of the April U.S. employment report. Oil reverses gains after Strait of Hormuz tensions flare Oil prices turned lower on Friday after an initial rally sparked by renewed military exchanges involving U.S. and Iranian forces near the Strait of Hormuz. Brent crude briefly climbed around 3% during Asian trading before surrendering those gains and slipping back below the $100 level.The renewed tensions unsettled markets only days after signals from Washington and Tehran suggested that a broader diplomatic agreement could be within reach.President Donald Trump maintained that the ceasefire established last month was still holding despite the latest exchange of fire. Even with Friday’s volatility, crude prices remain on track for an approximate 7% weekly decline as traders continue to hope for a diplomatic resolution. Trump-China summit draws market attention Geopolitical developments remained a central focus ahead of Trump’s expected meeting with Chinese President Xi Jinping next week in Beijing.The summit would represent the first visit by a U.S. president to China since 2017 and arrives during a particularly sensitive period for financial markets. Discussions are expected to center on the Iran conflict, trade relations and broader economic coordination.According to CNBC, the American business delegation accompanying Trump may be smaller than those sent by several other countries in recent months. Investors are also looking for indications regarding a possible future trip by Xi to the United States. Asian and European equities move lower Asian stock markets weakened after Wall Street retreated from record highs overnight. Japanese and South Korean equities pulled back as rising geopolitical tensions in the Middle East reduced investor appetite for risk.Japan’s Nikkei 225 ended the session down 0.2%, while South Korea’s KOSPI recovered from earlier losses to close slightly higher.European markets also traded lower, with the STOXX 600 falling as much as 0.9% in early dealings after the U.S. military reported intercepting attacks aimed at three warships near the Strait of Hormuz.Despite the broader caution, U.S. equity futures pointed modestly higher ahead of the labor market report, with S&P 500 futures gaining around 0.3%. Investors await U.S. jobs report Market participants are closely watching Friday’s U.S. nonfarm payrolls report for additional signals on economic conditions and the Federal Reserve’s next policy moves.The previous month’s payrolls data showed job growth of 178,000, the strongest reading in 15 months.“That’s an important one, as Fed pricing has already shifted in a hawkish direction given the energy shock,” Allen said.Economists are now forecasting that payrolls increased by 50,000 in April, which would mark the first consecutive monthly gains since May of last year. The unemployment rate is expected to remain unchanged at 4.3%. Software earnings trigger major stock swings Corporate earnings from software companies drove some of the sharpest individual stock movements ahead of Friday’s opening bell.Akamai (NASDAQ:AKAM) jumped nearly 30% in premarket trading after announcing a $1.8 billion long-term cloud agreement linked to a frontier artificial intelligence model provider.Bill Holdings (NYSE:BILL) advanced 12% after reporting quarterly revenue and earnings above analyst expectations, supported by stronger transaction activity and subscriber-related fees.Several other software stocks moved sharply lower following their earnings releases. HubSpot (NYSE:HUBS), Trade Desk (NASDAQ:TTD) and Cloudflare (NASDAQ:NET) all recorded double-digit declines in premarket trading.Akamai Technologies stock priceBill Holdings stock priceHubSpot stock priceThe Trade Desk stock priceCloudflare stock price Original: Markets turn cautious as Middle East tensions and jobs data dominate focus: Dow Jones, S&P, Nasdaq, Wall Street Futures
peterquinnvet
4年前
Akamai Technologies Inc. stock (NASDAQ: AKAM) is up more than 10% in the past month (21 trading days), outperforming the S&P 500 which was up almost 6% over this period. If you look at the change over the last five and ten days, too, the stock has risen 3.2% and 9% respectively, outperforming the broader markets on both occasions. Akamai’s most recent FY ’21 earnings saw revenue rise to $3.46 billion, up from $3.2 billion in FY ’20. Further, a slower rise in operating expenses meant that operating profit widened from $659 million to $783 million over this period. Despite a rise in net interest expense and a higher effective tax rate, net income rose from $557 million to $652 million over this period, with EPS rising from $3.43 to $4.01.
https://www.forbes.com/sites/greatspeculations/2022/03/31/up-more-than-10-in-a-month-akamai-stock-looks-unlikely-to-continue-its-rally/?sh=34af9531437b
TFMG
7年前
Great upsie potential, breaking out.
Strong hints of a great earnings report for AKAM , in the sweet spot of many sectors, growth has and will continue to be amazing. The stock is currently breaking out prior to earnings and with customers such as Microsoft , a bright future is ahead.
Company Description
Akamai Technologies , Inc. engages in the provision of cloud services for delivering, optimizing and securing content and business applications over the Internet. Its products offers web and mobile performance solutions, cloud security solutions, enterprise solutions, network operator solutions, media delivery solutions and services and support solutions. It also engages in content delivery network, or CDN, services to make the Internet fast, reliable and secure.
https://investorshub.advfn.com/uimage/uploads/2019/4/30/zjccoakam-4-30-19.gif
ITMS
9年前
Akamai Continues To Tumble, Know This Trade Level
Last week, leading content delivery network (CDN) provider Akamai Technologies Inc (NASDAQ:AKAM) sold off after reporting earnings. The stock peaked out in February at around $71.00 a share. Today, AKAM stock is trading at $51.25 a share. So is this stock now a value play? Not so fast, AKAM stock should still have a bit more downside pressure before it flushes out all of the sellers.
Traders and investors should now watch the $48.00 area for a significant low in the stock. This is an area where the stock actually broke out in February 2016. This should be a level where the institutions will likely step in and support the stock. Here's the trade, buy AKAM at $48.00 with a weekly chart stop loss below $45.00. The upside in this stock is for a move back to $55.00 and possibly higher.
Nicholas Santiago
InTheMoneyStocks
eastunder
13年前
AKAM: Q4 Adj EPS 54c vs 45c Beats 49c Est
Thursday , February 07, 2013 06:30ET
QUARTER RESULTS
Akamai Technologies Incorporated (AKAM) reported Q4 results ended December 2012. Q4 Revenues were $377.87M; +16.72% vs yr-ago; MISSING revenue consensus by -0.90%. Q4 EPS was 38c. Adjusted Q4 EPS was 54c; +20.00% vs yr-ago; BEATING earnings consensus by +10.20%.
Q4 RESULTS Reported Year-Ago Y/Y Chg Estimate SURPRISE
---------- ------------ ------------ ---------- ------------ ----------
Revenues: $377.87M $323.74M +16.72% $381.30M -0.90%
---------- ------------ ------------ ---------- ------------ ----------
EPS: 38c N/A N/A N/A N/A
Adj EPS: 54c 45c +20.00% 49c +10.20%
---------- ------------ ------------ ---------- ------------ ----------
YEAR-END RESULTS
Co. also reported Year-End results ended December 2012. FY Revenues were $1,373.95M; +18.59% vs yr-ago; MISSING revenue consensus by -0.26%. FY EPS was $1.12. Adjusted FY EPS was $1.81; +19.08% vs yr-ago; BEATING earnings consensus by +2.26%.
FY RESULTS Reported Year-Ago Y/Y Chg Estimate SURPRISE
---------- ------------ ------------ ---------- ------------ ----------
Revenues: $1,373.95M $1,158.54M +18.59% $1,377.48M -0.26%
---------- ------------ ------------ ---------- ------------ ----------
EPS: $1.12 N/A N/A N/A N/A
Adj EPS: $1.81 $1.52 +19.08% $1.77 +2.26%
---------- ------------ ------------ ---------- ------------ ----------
eastunder
13年前
Akamai Shares Plunge After Revenue, Forecast Miss Estimates
By Sarah Frier - Feb 6, 2013 10:01 PM MT.
http://www.bloomberg.com/news/2013-02-06/akamai-tumbles-after-fourth-quarter-sales-miss-analyst-estimates.html?cmpid=yhoo
Akamai Technologies Inc., a company that helps customers speed the delivery of online content, tumbled as much as 17 percent in late trading after its quarterly revenue and forecast missed estimates.
Fourth-quarter sales climbed 17 percent to $378 million, the Cambridge, Massachusetts-based company said yesterday in a statement. That trailed the $381.4 million predicted by analysts on average, according to data compiled by Bloomberg. For the first quarter, the company forecast revenue of $352 million to $362 million, short of the $369.8 million estimate.
The results showed signs of softening demand for Akamai’s services, which help customers such as news sites and Web retailers speed up their online offerings, said Chad Bartley, an analyst at Portland, Oregon-based Pacific Crest Securities.
“Revenue was definitely lighter than expectations,” he said. “Growth decelerated quite a bit in the fourth quarter.”
Akamai shares fell as low as $34.60 in extended trading after the earnings report. The stock, up 1.6 percent this year, had closed at $41.58 yesterday in New York.
The results marked the first quarterly earnings report for Tom Leighton, a company co-founder who took the chief executive officer job on Jan. 1. He was named to the post in December after an eight-month search.
Even with the sales shortfall, earnings topped analysts’ projections last quarter. It posted an adjusted profit of 54 cents a share, compared with an average estimate of 50 cents.
eastunder
13年前
Akamai to Hold Fourth Quarter and Full-year 2012 Investor Conference Call on Wednesday, February 6th at 4:30 PM ET
CAMBRIDGE, Mass., Jan. 8, 2013 /PRNewswire/ -- Akamai Technologies, Inc. (AKAM), the leading cloud platform for helping enterprises provide secure, high-performing user experiences on any device, anywhere, announced today that the company will hold a conference call for investors on Wednesday, February 6, 2013 at 4:30 p.m. ET. The call will include the company's fourth quarter 2012 and year-end financial results, and may include forward-looking financial guidance from management. The call will also be broadcast live viathe Internet at www.akamai.com.
eastunder
14年前
Akamai and AT&T Forge Global Strategic Alliance to Provide Content Delivery Network Solutions
Deal includes expansion of AT&T's suite of CDN services, network infrastructure agreement
CAMBRIDGE, Mass. and DALLAS, Dec. 6, 2012 /PRNewswire/ -- Akamai Technologies, Inc. (AKAM) and AT&T* today announced a strategic alliance to deliver a global suite of content delivery network (CDN) solutions to companies.
AT&T is combining Akamai's industry leading content delivery platform with its world-renowned IP network to deliver to companies an exclusive suite of global CDN and telecom solutions that will be jointly marketed, managed and supported by the two companies. The companies will initially focus their efforts in North America, with plans to expand globally within 12 months.
The alliance with Akamai represents the latest milestone in AT&T's strategy to deliver innovative solutions needed by companies that have seen explosive growth in the use of video and other content, both within their operations and by the end users they serve. Driven by explosive growth in digital media, organizations are designing high-performing networking solutions that produce quality, on-demand results. CDN solutions from AT&T and Akamai will help enterprises simplify content distribution management and drive higher-performing end user experiences for consumers accessing content on the Internet.
Under the terms of the agreement, Akamai will deploy CDN servers at the edge of AT&T's IP network and in AT&T facilities throughout the United States. With the deployment of Akamai's CDN infrastructure within AT&T's network infrastructure, end customers are expected to benefit from more efficient content routing and better delivery of digital content, video and Web applications, resulting in a better end-user experience. AT&T will transfer its existing CDN operations, customers and service to the Akamai platform in 2013.
The companies have also agreed to dedicate shared resources including technical support, customer care, marketing and professional services support.
"The alliance with Akamai positions us perfectly to deliver premier content delivery solutions to our business customers," said Andy Geisse, Chief Executive Officer, AT&T Business Solutions. "By embedding Akamai's technology within AT&T's IP network, our customers now have access to a suite of solutions that more than meet their need for content delivery and support. In an environment where companies and consumers alike are accessing video content and other applications online and from a multitude of devices, I can't think of a better way to address the explosive growth in content that is sweeping across industries like media and retail."
"Aligning Akamai's services with the global reach, scale and product depth of AT&T creates a powerful relationship aimed at helping enterprises optimize their online businesses," said Paul Sagan, President and Chief Executive Officer of Akamai. "Together with AT&T, we share a common goal of developing solutions to maximize the Web and mobile end user experience, while driving down network-related costs and improving network efficiencies. We believe there will be tremendous value to customers in deploying within AT&T's robust IP network, and in jointly going to market with leading content delivery and cloud infrastructure offerings."
*AT&T products and services are provided or offered by subsidiaries and affiliates of AT&T Inc. under the AT&T brand and not by AT&T Inc