Okta Inc
Palantir is soaring while its tech peers are sinking. Here’s why
Alex Karp, chief executive officer of Palantir Technologies Inc., speaks during the AIPCon conference in Palo Alto, California, US, on March 13, 2025. David Paul Morris | Bloomberg | Getty Images Tech stocks have struggled in 2025, as recession and trade war fears sap investor appetite for riskier assets. Palantir is the exception. Against a […]
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Cloud software vendors Atlassian, Snowflake and Workday are betting on security startup Veza
From left, Veza founders Rob Whitcher, Tarun Thakur and Maohua Lu. Veza Tech giants like Google, Amazon, Microsoft and Nvidia have captured headlines in recent years for their massive investments in artificial intelligence startups like OpenAI and Anthropic. But when it comes to corporate investing by tech companies, cloud software vendors are getting aggressive as […]
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These stocks are contenders to start dividends — and have plenty of cash, Morgan Stanley says
Dividend stocks reward investors with the potential for enhanced returns over time, and a few companies may have the wherewithal to start offering the payments, according to Morgan Stanley. A few big names joined the ranks of dividend payers in 2024, led by tech giants Meta Platforms , Alphabet and Salesforce , that began making […]
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Okta pops more than 20% on strong earnings and guidance beat
Todd McKinnon, chief executive officer of Okta Inc., smiles during a Bloomberg Technology television interview in San Francisco, California, U.S., on Monday, April 4, 2022. David Paul Morris | Bloomberg | Getty Images Okta shares soared 22% on Tuesday after the cloud-based identity management company delivered strong fourth-quarter earnings and beat estimates on guidance. The […]
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Stocks making the biggest moves midday: Best Buy, Walgreens Boots Alliance, Tesla, Okta and more
Check out the companies making headlines in midday trading: Okta — Shares surged 18% after the cloud software firm posted a fourth-quarter earnings and revenue beat. Okta reported adjusted earnings of 78 cents per share on revenue of $682 million, while analysts polled by LSEG expected 74 cents in earnings per share and $670 million […]
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Stocks making the biggest moves premarket: Nvidia, Tesla, Target, Illumina and more
Check out the companies making headlines before the bell. Nvidia — Shares fell another 3%, extending the chipmaker’s nearly 9% decline Monday after President Donald Trump enacted tariffs on Canada and Mexico starting Tuesday. Investors remain concerned about how tariffs and greater export restrictions will affect Nvidia’s business in China. After Monday’s sell-off, Nvidia was worth […]
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Stocks making the biggest moves premarket: Tesla, Southwest Airlines, Coinbase, Capri and more
Check out the companies making headlines in premarket trading. Tesla — The electric vehicle stock jumped nearly 3% after Morgan Stanley’s Adam Jonas named embattled Tesla a new top pick in U.S. autos, with expectations of a roughly 50% bounce in store. Southwest Airlines — Shares slid 2% after JPMorgan downgraded the airline carrier to […]
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Stocks making the biggest moves midday: General Motors, Lockheed Martin, Nvidia and more
Check out the companies making headlines in midday trading: JetBlue — Shares plunged 26% after the airline shared a disappointing cost outlook . JetBlue estimated that its unit costs, excluding fuel, could rise as much as 7% year over year in 2025 and 10% year over year for the first quarter. Despite this, JetBlue beat […]
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Abnormal Security hires ex-ServiceNow exec as CFO as company starts prepping for IPO
Abnormal Security, a startup selling email security software to companies, said on Wednesday that it’s hired former ServiceNow finance executive Lisa Banks as chief financial officer as the company gears up to prepare for an IPO. Abnormal is going after a longstanding market, which includes incumbents Mimecast and Proofpoint, adding a layer of artificial intelligence […]
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Stocks making the biggest moves midday: JetBlue, Eli Lilly, Pure Storage, Salesforce and more
Check out the companies making headlines in midday trading. JetBlue Airways — The airline said it sees a smaller decline in its full-year revenue guidance than it originally expected, according to a regulatory filing . Higher-than-anticipated bookings in November and December resulted in JetBlue boosting its forecast. Shares surged 8%. Roku — Shares jumped 11% […]
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