AKAM stock news

Akamai (AKAM) has a strong balance sheet, which will help it in capitalizing on investment opportunities and pursuing strategic acquisitions, further improving growth prospects. Read more
Akamai (AKAM) announces senior notes offering worth $1.15 billion, which is expected to provide financial flexibility and propel long-term growth. Read more
MUMBAI/COLOMBO: Reliance Industries Ltd on Monday announced a partnership with Microsoft's Azure cloud platform, in a move that deepens the offerings of its Jio telecoms unit while posing a direct challenge to rival cloud services providers such as Amazon.com and Alphabet's Google.As part of the 10-year alliance, Jio will build data centres across India that will be hosted on Microsoft's Azure cloud, Reliance Chairman Mukesh Ambani told shareholders at the company annual shareholders' meeting."We now have the capability to develop truly India-native solutions, including speech recognition and natural language understanding for all major Indian languages and dialects," said Ambani, Asia's richest man with a net worth of $46.2 billion according to Forbes.Reliance's foray into the cloud services market - essentially selling computer services such as website hosting and data storage - could intensify competition in an Indian market dominated by Amazon Web Services (AWS), say analysts.Ambani disrupted India's telecoms industry in late 2016 when he launched Jio with free voice and cut-price data plans, pushing some rivals out of business and forcing others to match tariffs and consolidate in a crowded sector that once comprised more than 10 carriers. Read more
HighBar Partners specializes in funding later-stage startups that are looking to make the jump from a proven business model to exponential growth. Many members of the venture-capital firm's team have experience at startups, and HighBar likes to invest in companies that can benefit from their expertise, managing director Brian Peters said. The firm focuses on the software sector, particular companies that are involved in business-process automation and in helping companies undergo a digital transformation . It particularly likes startups that collect and help customers process or make sense of large amounts of data. Click here for more BI Prime stories . Venture capital firms have different strategies and philosophies when it comes to their interactions with their portfolio companies. Some VC firms take a more laid-back approach, giving founders and executive teams plenty of room to operate. Others are much more interested in playing an active role in their companies, helping direct operations and guide decision-making. Read more
With Akamai offering a digital experience that is second to none, its shares could be poised for additional gains. Read more
Akamai Technologies reported earnings and revenue for the second quarter that topped analyst estimates. The earnings beat sent shares in the internet infrastructure provider up late Tuesday. Read more
Akamai Technologies (AKAM) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term. Read more
Jul 16, 2019 (Hitech News Daily via COMTEX) -- Allied Market Research announces a report, titled, "Content Delivery Network (CDN) Market by Types (CDN… Read more
Akamai Technologies (AKAM) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues. Read more
Tom Leighton, Akamai cofounder and CEO, joins "Squawk Alley" in a first on CNBC interview to discuss the company's earnings. Read more
Akamai Technologies, Inc. (NASDAQ:AKAM) Q1 2019 Earnings Conference Call April 30, 2019 04:30 PM ET Company Participants Tom Barth - Head of Investor Relations Read more
AKAM earnings call for the period ending March 31, 2019. Read more

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