|Bid||82.20 x 1000|
|Ask||0.00 x 900|
|Day's Range||84.07 - 85.51|
|52 Week Range||57.18 - 93.12|
|Beta (3Y Monthly)||0.58|
|PE Ratio (TTM)||30.64|
|Earnings Date||Feb 10, 2020 - Feb 14, 2020|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||96.11|
A slew of advanced data breaches is expected to increase the demand for cloud security offerings in the coming years. The prospects are prompting cloud service providers to up the ante in this space.
Does Akamai Technologies, Inc. (NASDAQ:AKAM) represent a good buying opportunity at the moment? Let’s quickly check the hedge fund interest towards the company. Hedge fund firms constantly search out bright intellectuals and highly-experienced employees and throw away millions of dollars on satellite photos and other research activities, so it is no wonder why they tend […]
November lived up to its reputation of kicking off the two-month stretch of seasonal optimism, as the S&P; 500 gained 3.4% through November 26, notes analyst Sam Stovall, in CFRA Research's The Outlook.
(Bloomberg Opinion) -- The ability of the world’s biggest sports competitions to keep making more money could depend on one relatively mundane factor: broadband networks’ capacity to live-stream games to millions of households.The biggest test so far will come this week with Amazon.com Inc.’s broadcast of 10 Premier League matches. The broadcast revenues from England’s flagship soccer competition have started to plateau as television stations grow wary about writing outsize checks to obtain the rights. In response, the league has solicited U.S. tech giants in an effort to reinvigorate the bidding war for rights.Their entreaties have so far largely fallen on deaf ears. That is, until Amazon agreed to buy a relatively small package of Premier League games in June 2018. But Amazon’s interest fell short of creating a bidding war. The e-commerce giant is understood to have paid very little for the privilege of streaming 10 games this week and another 10 after Christmas. The intention was instead to whet Amazon’s appetite. If the broadcasts prove successful — which in Amazon’s case means signing up a host of new subscribers for its Prime service — then it might encourage the Seattle-based firm to bid for the bigger packages of games currently held by Comcast Corp.’s Sky division and BT Group Plc.The timing of the games is of course opportune for Amazon, coming shortly before Christmas. When users sign up for Prime Video, the service that will broadcast the games, they will also get access to the broader suite of Prime offerings, including Prime Delivery, which promises faster and free deliveries of products bought via Amazon.com. Prime subscribers spend an average of $1,400 a year on the website, compared to the $600 of other customers, the research firm Consumer Intelligence Research Partners estimated last year.The challenge for Amazon is that it will be largely dependent on the U.K.’s broadband infrastructure to distribute the games, and that network is not fundamentally designed to support video live-streaming. While it has subcontracted BT to supply the feed to pubs and bars, ordinary households will use their existing internet connections. That may not make for pretty viewing as the U.K. has the fourth-lowest penetration of fiber-optic broadband in the European Union.Prior experiences have surfaced a welter of problems. Amazon’s first foray into sports broadcasting in the U.K. prompted a slew of complaints, partly to do with the editorial standards, but also to do with picture quality, a far more significant concern given the scale of the Premier League soccer challenge. YouTube TV’s live-stream of last year’s World Cup semi-final between England and Croatia crashed in the U.S., and AT&T Inc. ended up providing a pay-per-view golf match between Tiger Woods and Phil Mickelson free after experiencing glitches. And while Amazon has shown National Football League games, the rights were shared with other classic broadcasters, reducing the network demand.An examination of the Premier League’s viewership highlights the extent of the risks. A match in August 2018 between Manchester United and Leicester City attracted some 1.1 million viewers on Sky, according to the Broadcasters’ Audience Research Board. Just 72,000 of those watched the game via a mobile device — the most readily available proxy for live-streaming. Even the England-Croatia game drew in just 337,000 viewers using mobile devices. On Dec. 4, Amazon will concurrently broadcast six games, each of which could have several hundred thousand viewers.Top of the list will be Liverpool versus Everton — a derby game of two sides from the same city, and therefore likely to create a demand peak in a relatively concentrated area. The match kicks off 45 minutes after the others, which could be construed as a move to try to spread the demand on the network.There are ways Amazon, with its deep cloud-computing expertise, can alleviate potential problems, not least by leaning on other content delivery network specialists such as Akamai Technologies Inc., whose additional servers can make it easier to handle peaks of demand. But even if the picture quality is up-to-scratch, there is always likely to be a lag which could prompt complaints. When Twitter Inc. broadcast NFL games in 2016, a 30- to 90-second lag meant that viewers often saw the score in a tweet before watching the play itself.It is easier for Amazon to justify spending more to deliver the content than it will generate from the subscriptions themselves, because it will make more money in the long-term from customers buying more products from Amazon.com. But if things go badly wrong, then it will play into the hands of Sky and BT, who have years of experience with live sports broadcasting, and control much of the underlying network.If there’s no big uptick in subscribers for Amazon this time around, and the games are beset by technical snafus, that’ll make it harder to attract more viewers — and thus more subscribers to Prime Video — over the next two years for which it has the rights. That could end hopes that Amazon or any other tech giant will be willing to bid serious money for the games anytime soon.To contact the author of this story: Alex Webb at firstname.lastname@example.orgTo contact the editor responsible for this story: Melissa Pozsgay at email@example.comThis column does not necessarily reflect the opinion of the editorial board or Bloomberg LP and its owners.Alex Webb is a Bloomberg Opinion columnist covering Europe's technology, media and communications industries. He previously covered Apple and other technology companies for Bloomberg News in San Francisco.For more articles like this, please visit us at bloomberg.com/opinion©2019 Bloomberg L.P.
Today we'll evaluate Akamai Technologies, Inc. (NASDAQ:AKAM) to determine whether it could have potential as an...
Akamai Technologies (AKAM) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
CAMBRIDGE, Mass., Nov. 12, 2019 /PRNewswire/ -- Akamai Technologies, Inc. (AKAM), the intelligent edge platform for securing and delivering digital experiences, was named one of America's Most JUST Companies for 2020, according to Forbes and JUST Capital, the leading corporate measurement platform for the stakeholder economy. The list of America's Most JUST Companies celebrates U.S. corporations like Akamai that outperform their peers in the Russell 1000 on the priorities of the American people – including issues like fair pay, ethical leadership, good benefits and work-life balance, equal opportunity, customer treatment and privacy, community support, environmental impact, and delivering shareholder return.
Following the expiration of Uber's (UBER) IPO lock-up period, its co-founder sells more than 20 million shares. The company incurred huge losses ever since it went public in May 2019.
October is over, much to the delight of investors, mainly because it historically experienced 37% greater monthly price fluctuations than the average for the other 11 months since 1945, notes analyst Sam Stovall, chief investment strategist for CFRA Research's The Outlook.
CAMBRIDGE, Mass., Nov. 7, 2019 /PRNewswire/ -- Akamai Technologies Inc., (AKAM), the intelligent edge platform for securing and delivering digital experiences, announces it was named "Massachusetts Company of the Year" by the Mass Technology Leadership Council ("MassTLC"). This same platform is the foundation for additional growth segments such as identity management, blockchain payments, the Internet of Things, and next-generation enterprise security.
Akamai Scores Highest in API Security, Web Scale Critical Business Applications Use Cases; Company Also Positioned as a Leader in Magic Quadrant Companion Report CAMBRIDGE, Mass. , Nov. 6, 2019 /PRNewswire/ ...
CAMBRIDGE, Mass. , Nov. 4, 2019 /PRNewswire/ -- Akamai Technologies Inc., (NASDAQ: AKAM), the intelligent edge platform for securing and delivering digital experiences, today announces the company has ...
CAMBRIDGE, Mass. , Nov. 1, 2019 /PRNewswire/ -- Akamai Technologies, Inc. (NASDAQ: AKAM), the intelligent edge platform for securing and delivering digital experiences, officially opened its global headquarters ...
Governor Charlie Baker, Senator Edward Markey and Lieutenant Governor Karyn Polito will join Dr. Tom Leighton, co-founder and chief executive officer of Akamai, to celebrate the opening of the building, now home to 1,800 Akamai employees. Akamai Technologies began at the Massachusetts Institute of Technology over twenty years ago.