25 days ago
Jim Cramer put Intel Corporation (NASDAQ:INTC) and Micron Technology, Inc. (NASDAQ:MU) at the top of his technology stock list during the September 17 episode of Mad Money, as he said:
Yesterday, I said that people would buy tech. We got that in spades today. I continue to recommend the cybersecurity stocks, and I'd add Okta to the list because rogue agents cannot be stopped unless we can identify them first. That's Okta's job. I still think that Intel, as I tell club members, is the best stock in show, and Micron, number two… Both their products are in short supply. I just bought some Micron, candidly.
Intel Corporation's (NASDAQ:INTC) second-quarter revenue rose 25% year over year to $16.1 billion, while Data Center and AI revenue increased 59% to $6.3 billion. Intel Products generated $4.8 billion of operating income in the second quarter, up from $2.7 billion a year earlier, while Data Center and AI operating income increased $1.8 billion to $2.5 billion.
The company said client supply constraints are expected to ease in the second half of 2026, while industry-wide constraints affecting Data Center and AI products are expected to persist into 2027.
Micron Technology, Inc.'s (NASDAQ:MU) fiscal third-quarter GAAP operating margin reached 80.4%, up from 67.6% in the prior quarter and 23.3% a year earlier. Its non-GAAP operating margin was 81.2%. Operating cash flow reached $25.4 billion. The company also said DRAM inventories were "very tight and below 120 days."
#NASDAQ #operating #year #data
Yesterday, I said that people would buy tech. We got that in spades today. I continue to recommend the cybersecurity stocks, and I'd add Okta to the list because rogue agents cannot be stopped unless we can identify them first. That's Okta's job. I still think that Intel, as I tell club members, is the best stock in show, and Micron, number two… Both their products are in short supply. I just bought some Micron, candidly.
Intel Corporation's (NASDAQ:INTC) second-quarter revenue rose 25% year over year to $16.1 billion, while Data Center and AI revenue increased 59% to $6.3 billion. Intel Products generated $4.8 billion of operating income in the second quarter, up from $2.7 billion a year earlier, while Data Center and AI operating income increased $1.8 billion to $2.5 billion.
The company said client supply constraints are expected to ease in the second half of 2026, while industry-wide constraints affecting Data Center and AI products are expected to persist into 2027.
Micron Technology, Inc.'s (NASDAQ:MU) fiscal third-quarter GAAP operating margin reached 80.4%, up from 67.6% in the prior quarter and 23.3% a year earlier. Its non-GAAP operating margin was 81.2%. Operating cash flow reached $25.4 billion. The company also said DRAM inventories were "very tight and below 120 days."
#NASDAQ #operating #year #data
26 days ago
Past week performance: +11.3%
52-week range: $63 to $192
Valuation model target price: $189
Implied upside: (0.9%) over 2.4 years
Okta (OKTA) surged this week and now sits near a 52-week high. The rally started with its Q2 fiscal 2027 earnings report in late August. The identity security company beat estimates with adjusted earnings per share of $1.05. Revenue reached $805 million, up 11% year over year.
#week #past #august
52-week range: $63 to $192
Valuation model target price: $189
Implied upside: (0.9%) over 2.4 years
Okta (OKTA) surged this week and now sits near a 52-week high. The rally started with its Q2 fiscal 2027 earnings report in late August. The identity security company beat estimates with adjusted earnings per share of $1.05. Revenue reached $805 million, up 11% year over year.
#week #past #august
1 month ago
Shares of Okta (NASDAQ: OKTA) charged out of the gate Monday, gaining as much as 11.8%. As of 11:32 a.m. ET, the stock was still up 11.2%.
The catalyst that sent the cybersecurity specialist higher was the calls by prominent industry insiders for a slowdown in artificial intelligence (AI) development.
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »
In a treatise released over the weekend, Anthropic CEO Dario Amodei called for a slowdown in the pace of AI development. He said that "like many technologies before it, AI brings risks, and because it is such a powerful technology, these risks are serious." Amodei's concerns included the" risk of losing control of AI systems, misuse for cyberattacks and bioterrorism, and serious economic disruption." He pointed to the high-profile hack of Hugging Face by OpenAI models as evidence of the need for caution.
Other chief executives joined the chorus, including ******* e Exploration Technologies, aka ******* eX, CEO Elon Musk, who said in a post on X, "Dario is right." OpenAI CEO Sam Altman also sided with Amodei, who inked his own essay, calling for "consistent rules to manage frontier (model) risk." He stopped short of calling for a moratorium, saying slowing the pace of AI development does "not mean stopping."
#NVIDIA #flashing
The catalyst that sent the cybersecurity specialist higher was the calls by prominent industry insiders for a slowdown in artificial intelligence (AI) development.
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »
In a treatise released over the weekend, Anthropic CEO Dario Amodei called for a slowdown in the pace of AI development. He said that "like many technologies before it, AI brings risks, and because it is such a powerful technology, these risks are serious." Amodei's concerns included the" risk of losing control of AI systems, misuse for cyberattacks and bioterrorism, and serious economic disruption." He pointed to the high-profile hack of Hugging Face by OpenAI models as evidence of the need for caution.
Other chief executives joined the chorus, including ******* e Exploration Technologies, aka ******* eX, CEO Elon Musk, who said in a post on X, "Dario is right." OpenAI CEO Sam Altman also sided with Amodei, who inked his own essay, calling for "consistent rules to manage frontier (model) risk." He stopped short of calling for a moratorium, saying slowing the pace of AI development does "not mean stopping."
#NVIDIA #flashing
1 month ago
OKTA offers an enterprise identity management platform, including single sign-on, multi-factor authentication, access gateway, API access management, authentication, adaptive MFA, lifecycle management, and AI agent security. OKTA's second-quarter 2027 report showed $805 million in revenue (an 11% year-over-year gain), per-share earnings of $1.05 (a 15.4% sequential gain), and offered full-year revenue and operating margin guidance of up to $3.226 billion and 26%, respectively.
No wonder OKTA shares are up 94% so far this year – and they could rise more. MoneyFlows data shows how Big Money investors are again betting heavily on the stock.
Institutional volumes reveal plenty. In the last year, OKTA has enjoyed strong investor demand, which we believe to be institutional support.
Each green bar signals unusually large volumes in OKTA shares. They reflect our proprietary inflow signal, pushing the stock higher:
Plenty of technology names are under accumulation right now. But there's a powerful fundamental story happening with Okta.
#year #plenty #authentication
No wonder OKTA shares are up 94% so far this year – and they could rise more. MoneyFlows data shows how Big Money investors are again betting heavily on the stock.
Institutional volumes reveal plenty. In the last year, OKTA has enjoyed strong investor demand, which we believe to be institutional support.
Each green bar signals unusually large volumes in OKTA shares. They reflect our proprietary inflow signal, pushing the stock higher:
Plenty of technology names are under accumulation right now. But there's a powerful fundamental story happening with Okta.
#year #plenty #authentication
0.00$ raised of 0.00$ goal
0 donations
0.00$
to go
1 month ago
CNBC reported that Okta, Inc. (NASDAQ:OKTA) shares surged as much as 29% after the identity security company beat fiscal second-quarter estimates.
Adjusted earnings per share came in at $1.05 versus $0.97 expected, and revenue rose 11% to $805 million versus $795 million expected. Net income totaled $116 million, up from $67 million a year earlier, and remaining performance obligations, a measure of backlog, climbed 17% to $4.86 billion, beating the $4.70 billion **** ysts anticipated. Okta made its "Okta for AI Agents" tool available to all customers during the quarter, with new products accounting for 30% of total bookings and "dozens" of AI-related deals closed, including a multi-million-dollar healthcare contract. The company raised full-year revenue guidance to $3.22 billion to $3.23 billion. CEO Todd McKinnon said, "As AI agents transform every layer of technology, every agent needs a trusted identity."
The beat was broad-based across current results and future visibility. Earnings, revenue, and backlog all topped estimates, with remaining performance obligations up 17% to $4.86 billion. It showed that both this quarter's performance and Okta, Inc. (NASDAQ:OKTA)'s forward revenue pipeline are strengthening together.
AI-driven demand is showing up in quantifiable deal activity and not just management commentary. New products made up 30% of total bookings, and the company closed dozens of AI-related deals. It includes a multi-million-dollar healthcare contract, concrete evidence that customers are actually paying for Okta's AI agent security tools rather than merely expressing interest.
Management raised guidance and reinforced its position with an acquisition, backing confidence with action. Okta lifted full-year revenue and earnings guidance while closing its purchase of threat-detection startup Permiso Security. It is extending its platform into identity threat detection specifically relevant to securing AI agents.
#okta #million #security #year
Adjusted earnings per share came in at $1.05 versus $0.97 expected, and revenue rose 11% to $805 million versus $795 million expected. Net income totaled $116 million, up from $67 million a year earlier, and remaining performance obligations, a measure of backlog, climbed 17% to $4.86 billion, beating the $4.70 billion **** ysts anticipated. Okta made its "Okta for AI Agents" tool available to all customers during the quarter, with new products accounting for 30% of total bookings and "dozens" of AI-related deals closed, including a multi-million-dollar healthcare contract. The company raised full-year revenue guidance to $3.22 billion to $3.23 billion. CEO Todd McKinnon said, "As AI agents transform every layer of technology, every agent needs a trusted identity."
The beat was broad-based across current results and future visibility. Earnings, revenue, and backlog all topped estimates, with remaining performance obligations up 17% to $4.86 billion. It showed that both this quarter's performance and Okta, Inc. (NASDAQ:OKTA)'s forward revenue pipeline are strengthening together.
AI-driven demand is showing up in quantifiable deal activity and not just management commentary. New products made up 30% of total bookings, and the company closed dozens of AI-related deals. It includes a multi-million-dollar healthcare contract, concrete evidence that customers are actually paying for Okta's AI agent security tools rather than merely expressing interest.
Management raised guidance and reinforced its position with an acquisition, backing confidence with action. Okta lifted full-year revenue and earnings guidance while closing its purchase of threat-detection startup Permiso Security. It is extending its platform into identity threat detection specifically relevant to securing AI agents.
#okta #million #security #year
1 month ago
Okta (OKTA) is giving investors another reason to revisit its growth story after a stronger-than-expected second-quarter performance sparked a fresh wave of Wall Street optimism.
Needham has now raised its price target to a Street-high $200 from $140 on Aug. 27 and maintained a "Buy" rating, citing broad-based demand across Okta's Workforce and Customer Identity platforms, strength among large enterprises and momentum in newer products such as Identity Governance. The bullish call comes after Okta reported better-than-expected Q2 results and lifted its full-year outlook, with growing demand for identity security amid the rise of artificial intelligence (AI) agents adding another potential catalyst.
Dear Sandisk Stock Fans, Mark Your Calendars for August 31
Bill Gates Says 'We Need Time to Prepare' for an Economic Upheaval — Especially the $20-an-Hour Workers Being Replaced by $10-an-Hour Robots
Dear Palantir Stock Fans, Here's What Maven's Billion-Dollar ARR Means for PLTR
#street #demand
Needham has now raised its price target to a Street-high $200 from $140 on Aug. 27 and maintained a "Buy" rating, citing broad-based demand across Okta's Workforce and Customer Identity platforms, strength among large enterprises and momentum in newer products such as Identity Governance. The bullish call comes after Okta reported better-than-expected Q2 results and lifted its full-year outlook, with growing demand for identity security amid the rise of artificial intelligence (AI) agents adding another potential catalyst.
Dear Sandisk Stock Fans, Mark Your Calendars for August 31
Bill Gates Says 'We Need Time to Prepare' for an Economic Upheaval — Especially the $20-an-Hour Workers Being Replaced by $10-an-Hour Robots
Dear Palantir Stock Fans, Here's What Maven's Billion-Dollar ARR Means for PLTR
#street #demand
2 months ago
Companies worried for years about whether an employee's password had been stolen.
Now they have to worry about AI "workers," too.
Okta (OKTA) reported fiscal second-quarter revenue of $805 million, up 11%, while subscription revenue reached $793 million, up 12%. Remaining performance obligations increased 17% to nearly $4.86 billion.
The company boosted its yearly outlook as organizations increasingly face a category of identity that was virtually nonexistent in mainstream commercial IT only a few years ago: autonomous AI agents.
"Every agent needs a trusted identity and clear controls over what it can access and do," CEO Todd McKinnon said.
#okta #years #every #mckinnon
Now they have to worry about AI "workers," too.
Okta (OKTA) reported fiscal second-quarter revenue of $805 million, up 11%, while subscription revenue reached $793 million, up 12%. Remaining performance obligations increased 17% to nearly $4.86 billion.
The company boosted its yearly outlook as organizations increasingly face a category of identity that was virtually nonexistent in mainstream commercial IT only a few years ago: autonomous AI agents.
"Every agent needs a trusted identity and clear controls over what it can access and do," CEO Todd McKinnon said.
#okta #years #every #mckinnon
2 months ago
The second quarter earnings season is nearly complete, and Nvidia's (NVDA) Q2 earnings beat on Wednesday served as a keystone to a remarkably strong stretch of corporate reports.
Nvidia stock jumped 8% on Thursday following the company's earnings release. Software and cybersecurity stocks also rose following a string of strong earnings reports. Salesforce (CRM), CrowdStrike (CRWD), and Okta (OKTA) stocks lifted by double digits in afternoon trading.
According to FactSet data, second quarter earnings for S&P 500 companies are on pace to rise 50% year over year, the highest growth rate since 2021. Artificial intelligence has been the growth engine of that broad-based earnings growth, Bank of America strategists noted.
In addition to Nvidia's results, investors weighed key updates this week from dollar stores Dollar Tree (DLTR) and Dollar General (DG), software companies Intuit (INTU) and Zoom (ZM), and other retailers like ******* 's Sporting Goods (DKS) and Kohl's (KSS).
Marvell (MRVL) stock dipped after the data center chip manufacturer's second quarter earnings beat and guidance raise wasn't enough for Wall Street investors.
#earnings #second #beat
Nvidia stock jumped 8% on Thursday following the company's earnings release. Software and cybersecurity stocks also rose following a string of strong earnings reports. Salesforce (CRM), CrowdStrike (CRWD), and Okta (OKTA) stocks lifted by double digits in afternoon trading.
According to FactSet data, second quarter earnings for S&P 500 companies are on pace to rise 50% year over year, the highest growth rate since 2021. Artificial intelligence has been the growth engine of that broad-based earnings growth, Bank of America strategists noted.
In addition to Nvidia's results, investors weighed key updates this week from dollar stores Dollar Tree (DLTR) and Dollar General (DG), software companies Intuit (INTU) and Zoom (ZM), and other retailers like ******* 's Sporting Goods (DKS) and Kohl's (KSS).
Marvell (MRVL) stock dipped after the data center chip manufacturer's second quarter earnings beat and guidance raise wasn't enough for Wall Street investors.
#earnings #second #beat
2 months ago
Companies worried for years about whether an employee's password had been stolen.
Now they have to worry about AI "workers," too.
Okta (OKTA) reported fiscal second-quarter revenue of $805 million, up 11%, while subscription revenue reached $793 million, up 12%. Remaining performance obligations increased 17% to nearly $4.86 billion.
The company boosted its yearly outlook as organizations increasingly face a category of identity that was virtually nonexistent in mainstream commercial IT only a few years ago: autonomous AI agents.
"Every agent needs a trusted identity and clear controls over what it can access and do," CEO Todd McKinnon said.
#okta #million #identity #remaining
Now they have to worry about AI "workers," too.
Okta (OKTA) reported fiscal second-quarter revenue of $805 million, up 11%, while subscription revenue reached $793 million, up 12%. Remaining performance obligations increased 17% to nearly $4.86 billion.
The company boosted its yearly outlook as organizations increasingly face a category of identity that was virtually nonexistent in mainstream commercial IT only a few years ago: autonomous AI agents.
"Every agent needs a trusted identity and clear controls over what it can access and do," CEO Todd McKinnon said.
#okta #million #identity #remaining
2 months ago
The stock market saw solid gains for the major indexes, rebounding off their 21-day moving averages, though small caps fell slightly toward their 50-day line. Federal Reserve Chairman Kevin Warsh leaned hawkish in his Jackson Hole speech, and markets generally seemed to like it. Nvidia (NVDA) surged on booming earnings and blowout guidance, but many chip and AI hardware plays struggled. Negative earnings reactions to Marvell (MRVL) and Everpure (P) didn't help. Meanwhile, Salesforce (CRM), CrowdStrike (CRWD), Okta (OKTA) and Elastic (ESTC) were big software earnings winners, fueling a bisector move. Youth apparel retailer Abercrombie & Fitch (ANF) skyrocketed while ****** 's Sporting Goods (DKS) dived.
The major indexes rose solidly off their 21-day moving averages, not far from record highs, though small caps retreated toward their 50-day line. Fed Chief Kevin Warsh's Jackson Hole speech got a generally positive reaction. Nvidia (NVDA), Salesforce (CRM), CrowdStrike (CRWD), Okta (OKTA), Elastic (ESTC) and Abercrombie & Fitch (ANF) were among the notable earnings winners. Crude oil prices and the 10-year Treasury yield fell, though they came off weekly lows.
Federal Reserve Chairman Kevin Warsh, coming off his July 29 news conference that left Wall Street doubting his inflation-fighting credibility, turned the page with Friday's address at the annual Jackson Hole, Wyo., monetary policy conference. Warsh said his perception is that the economy has strengthened, allowing the Fed to focus on achieving its 2% inflation target. Citing strong business capital spending and strong profit growth, with the exceptions of housing and agriculture, Warsh said he would be "hard pressed to describe broad financial conditions as restrictive." Reaction to his address lifted odds of a Sept. 16 Fed rate hike to 56% from around 35% on Thursday, according to CME Group's FedWatch tool.
The latest inflation data may have added to pressure on Fed Chair Warsh to set a hawkish tone on Friday. The PCE (personal consumption expenditures) price index topped forecasts with a 0.2% rise that kept the 12-month headline inflation rate at 3.7%. Core inflation held at 3.3%, though the figure was 3.344% when unrounded to the nearest tenth of a percent. Q2 GDP growth was unrevised at an unimpressive 1.5%, but the underlying measure of growth was revised to a sizzling 4.2% from 3.9% initially. That reflects final real sales to private domestic purchasers. The Bureau of Labor Statistics said it expects to revise payroll growth in the year through March down by 79,000 overall and 178,000 for the private sector. That would leave 12-month gains of 195,000 overall and 321,000 for private employers.
AI chip leader Nvidia (NVDA) posted a beat-and-raise fiscal second-quarter report and gave a bullish forecast for next year. Nvidia stock jumped on the news. Adjusted earnings surged 112% year over year. Sales soared 106% to $96.2 billion, the fourth straight quarter of accelerating revenue g
The major indexes rose solidly off their 21-day moving averages, not far from record highs, though small caps retreated toward their 50-day line. Fed Chief Kevin Warsh's Jackson Hole speech got a generally positive reaction. Nvidia (NVDA), Salesforce (CRM), CrowdStrike (CRWD), Okta (OKTA), Elastic (ESTC) and Abercrombie & Fitch (ANF) were among the notable earnings winners. Crude oil prices and the 10-year Treasury yield fell, though they came off weekly lows.
Federal Reserve Chairman Kevin Warsh, coming off his July 29 news conference that left Wall Street doubting his inflation-fighting credibility, turned the page with Friday's address at the annual Jackson Hole, Wyo., monetary policy conference. Warsh said his perception is that the economy has strengthened, allowing the Fed to focus on achieving its 2% inflation target. Citing strong business capital spending and strong profit growth, with the exceptions of housing and agriculture, Warsh said he would be "hard pressed to describe broad financial conditions as restrictive." Reaction to his address lifted odds of a Sept. 16 Fed rate hike to 56% from around 35% on Thursday, according to CME Group's FedWatch tool.
The latest inflation data may have added to pressure on Fed Chair Warsh to set a hawkish tone on Friday. The PCE (personal consumption expenditures) price index topped forecasts with a 0.2% rise that kept the 12-month headline inflation rate at 3.7%. Core inflation held at 3.3%, though the figure was 3.344% when unrounded to the nearest tenth of a percent. Q2 GDP growth was unrevised at an unimpressive 1.5%, but the underlying measure of growth was revised to a sizzling 4.2% from 3.9% initially. That reflects final real sales to private domestic purchasers. The Bureau of Labor Statistics said it expects to revise payroll growth in the year through March down by 79,000 overall and 178,000 for the private sector. That would leave 12-month gains of 195,000 overall and 321,000 for private employers.
AI chip leader Nvidia (NVDA) posted a beat-and-raise fiscal second-quarter report and gave a bullish forecast for next year. Nvidia stock jumped on the news. Adjusted earnings surged 112% year over year. Sales soared 106% to $96.2 billion, the fourth straight quarter of accelerating revenue g
2 months ago
Several stocks outpaced Nvidia (NVDA) in after-hours trading Wednesday, even as Nvidia earnings beat second quarter revenue and profit estimates.
Okta, Salesforce, CrowdStrike, and Veeva Systems all posted bigger percentage gains than Nvidia after their own quarterly results topped Wall Street forecasts.
Nvidia posted adjusted earnings of $2.22 per share on revenue of $96.22 billion for its fiscal second quarter. Both figures topped the $2.10 per share and $92.17 billion ******* ysts polled by LSEG had expected.
Guidance also came in strong. Management pointed to $108 billion in third quarter revenue, above consensus estimates. Despite the beat, the stock added only 4% after hours, a modest reaction given the scale of the numbers.
Okta (OKTA) jumped about 19% postmarket, the largest gain among Wednesday's reporters. The identity management company posted adjusted earnings of $1.05 per share on $805 million in revenue. ******* ysts surveyed by LSEG had expected 97 cents per share and $795 million. Okta also raised its full year earnings and revenue guidance.
#okta #earnings #posted
Okta, Salesforce, CrowdStrike, and Veeva Systems all posted bigger percentage gains than Nvidia after their own quarterly results topped Wall Street forecasts.
Nvidia posted adjusted earnings of $2.22 per share on revenue of $96.22 billion for its fiscal second quarter. Both figures topped the $2.10 per share and $92.17 billion ******* ysts polled by LSEG had expected.
Guidance also came in strong. Management pointed to $108 billion in third quarter revenue, above consensus estimates. Despite the beat, the stock added only 4% after hours, a modest reaction given the scale of the numbers.
Okta (OKTA) jumped about 19% postmarket, the largest gain among Wednesday's reporters. The identity management company posted adjusted earnings of $1.05 per share on $805 million in revenue. ******* ysts surveyed by LSEG had expected 97 cents per share and $795 million. Okta also raised its full year earnings and revenue guidance.
#okta #earnings #posted
2 months ago
Good morning. Stocks advanced on Thursday after Nvidia's (NVDA) bullish outlook sparked a rally in tech stocks, offsetting weakness elsewhere. Nvidia stock gained over 6% in early trading, while semiconductor stocks like Intel (INTC) and SK Hynix (SKHY) also rose.
Earnings movers Salesforce (CRM), Okta (OKTA), and CrowdStrike (CRWD) also surged by double digits on the backs of strong results and outlooks, spurring on a rally in software names as well. Salesforce CEO Marc Benioff called for an end to fears of software disruption, saying, "This nonsense of this SaaSpocalypse, I think it's time for it to stop."
Here's a check of the markets in the first few minutes of trading, based on a heat map powered by Yahoo Finance AlphaSpace data.
Tech (XLK) outperformed the rest of the market as the lone S&P 500 sector in the green. Strength in tech helped counterbalance declines in Utilities (XLU), Energy (XLE), and Communications Services (XLC).
Here are some notable stocks that Yahoo Finance readers are viewing this morning: Nvidia, Sandisk (SNDK), INTC, Marvell (MRVL), CrowdStrike, SK Hynix, Dollar Tree (DLTR)
#stocks #hynix #okta
Earnings movers Salesforce (CRM), Okta (OKTA), and CrowdStrike (CRWD) also surged by double digits on the backs of strong results and outlooks, spurring on a rally in software names as well. Salesforce CEO Marc Benioff called for an end to fears of software disruption, saying, "This nonsense of this SaaSpocalypse, I think it's time for it to stop."
Here's a check of the markets in the first few minutes of trading, based on a heat map powered by Yahoo Finance AlphaSpace data.
Tech (XLK) outperformed the rest of the market as the lone S&P 500 sector in the green. Strength in tech helped counterbalance declines in Utilities (XLU), Energy (XLE), and Communications Services (XLC).
Here are some notable stocks that Yahoo Finance readers are viewing this morning: Nvidia, Sandisk (SNDK), INTC, Marvell (MRVL), CrowdStrike, SK Hynix, Dollar Tree (DLTR)
#stocks #hynix #okta
2 months ago
The second quarter earnings season is nearly complete, and Nvidia's (NVDA) Q2 earnings beat on Wednesday served as a keystone to a remarkably strong stretch of corporate reports.
Nvidia stock jumped 5% during premarket trading on Thursday following the company's earnings release.
Software and cybersecurity stocks also rose before the bell on Thursday following a string of strong earnings reports. Salesforce (CRM), CrowdStrike (CRWD), and Okta (OKTA) stocks lifted by double digits in premarket trading.
According to FactSet data, second quarter earnings for S&P 500 companies are on pace to rise 50% year over year, the highest growth rate since 2021. Artificial intelligence has been the growth engine of that broad-based earnings growth, Bank of America strategists noted.
In addition to Nvidia's results, investors weighed key updates this week from dollar stores Dollar Tree (DLTR) and Dollar General (DG), software companies Intuit (INTU) and Zoom (ZM), and other retailers like **** 's Sporting Goods (DKS) and Kohl's (KSS).
#dollar #Growth #thursday #okta
Nvidia stock jumped 5% during premarket trading on Thursday following the company's earnings release.
Software and cybersecurity stocks also rose before the bell on Thursday following a string of strong earnings reports. Salesforce (CRM), CrowdStrike (CRWD), and Okta (OKTA) stocks lifted by double digits in premarket trading.
According to FactSet data, second quarter earnings for S&P 500 companies are on pace to rise 50% year over year, the highest growth rate since 2021. Artificial intelligence has been the growth engine of that broad-based earnings growth, Bank of America strategists noted.
In addition to Nvidia's results, investors weighed key updates this week from dollar stores Dollar Tree (DLTR) and Dollar General (DG), software companies Intuit (INTU) and Zoom (ZM), and other retailers like **** 's Sporting Goods (DKS) and Kohl's (KSS).
#dollar #Growth #thursday #okta
2 months ago
Investors are bailing on Okta (OKLO) stock ahead of the company's fiscal Q2 results, scheduled for release after the market closes on August 26. Consensus is for the enterprise software firm to record $0.44 in earnings per share (EPS), which would represent 2.33% growth year-over-year.
Despite recent declines, OKTA shares remain up nearly 60% versus the start of this year.
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#computing
Despite recent declines, OKTA shares remain up nearly 60% versus the start of this year.
IonQ vs. Rigetti: The Better Quantum Computing Stock for Long-Term Investors
QQQ is Still in a Negative Gamma Regime. Here's How a 'Put Wall' and Fibonacci Support Could Come Into Play.
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#computing
2 months ago
Dow Jones futures will open Sunday evening, along with S&P 500 futures and Nasdaq futures. Nvidia earnings take center stage with CrowdStrike leading several cybersecurity reports. Federal Reserve Chairman Kevin Warsh will give his first Jackson Hole speech.
The stock market rally took damage this past week, but did a little repair work on Friday.
Mining stocks and crypto plans ran higher as gold, copper and bitcoin prices soared as the dollar tumbled. Freeport-McMoRan (FCX) led copper miner breakouts Friday while crypto-tied Robinhood Markets (HOOD) raced past an aggressive entry.
Chip and AI hardware stocks suffered big losses on Tuesday, though many are still around important resistance levels. Leading software names fell to or below key support. So this coming week could be make-or-break for tech.
Nvidia (NVDA) and Marvell Technology (MRVL) headline AI hardware earnings, along with data storage leader Everpure (P). Cybersecurity names CrowdStrike (CRWD), Okta (OKTA), Rubrik (RBRK) and Sentinel One (S) are reporting as well as enterprise software giants Salesforce (CRM) and Workday (WDAY).
#along #earnings #past
The stock market rally took damage this past week, but did a little repair work on Friday.
Mining stocks and crypto plans ran higher as gold, copper and bitcoin prices soared as the dollar tumbled. Freeport-McMoRan (FCX) led copper miner breakouts Friday while crypto-tied Robinhood Markets (HOOD) raced past an aggressive entry.
Chip and AI hardware stocks suffered big losses on Tuesday, though many are still around important resistance levels. Leading software names fell to or below key support. So this coming week could be make-or-break for tech.
Nvidia (NVDA) and Marvell Technology (MRVL) headline AI hardware earnings, along with data storage leader Everpure (P). Cybersecurity names CrowdStrike (CRWD), Okta (OKTA), Rubrik (RBRK) and Sentinel One (S) are reporting as well as enterprise software giants Salesforce (CRM) and Workday (WDAY).
#along #earnings #past
2 months ago
The first week of the 10th season of Dana White's Contender Series kicked off on Tuesday at the Meta Apex in Las Vegas. The fight card featured five fights with 10 athletes competing for a spot on the UFC roster.
The fight card was headlined by a welterweight bout between Namo Fazil and ormer two-time Oktagon Welterweight Champion Kaik Brito. Fazil entered the but riding a seven-fight winning streak. Brito was coming off back-to-back victories.
After two entertaining and eventful round, Brito scored a stoppage early in the final round. He connected with an overhand right that rendered Fazil unconscious on the canvas. The walk-off KO earned the Brazilian a UFC offer.
Following the event, UFC CEO Dana White awarded six UFC contracts. Along with Brito, Roman Puga, Taner Trembley, Alik Lorenz, Trent Miller, and Cristian Pérez received offers to join the UFC roster.
Trembley became one of the rare fighters in the series history to get a UFC contract after losing. The featherweight kicked off the fight card against Roman Pug and was defeated via unanimous decision.
#roman
The fight card was headlined by a welterweight bout between Namo Fazil and ormer two-time Oktagon Welterweight Champion Kaik Brito. Fazil entered the but riding a seven-fight winning streak. Brito was coming off back-to-back victories.
After two entertaining and eventful round, Brito scored a stoppage early in the final round. He connected with an overhand right that rendered Fazil unconscious on the canvas. The walk-off KO earned the Brazilian a UFC offer.
Following the event, UFC CEO Dana White awarded six UFC contracts. Along with Brito, Roman Puga, Taner Trembley, Alik Lorenz, Trent Miller, and Cristian Pérez received offers to join the UFC roster.
Trembley became one of the rare fighters in the series history to get a UFC contract after losing. The featherweight kicked off the fight card against Roman Pug and was defeated via unanimous decision.
#roman
2 months ago
Okta (OKTA) stock has delivered one of the more striking moves in software this year. Its shares have climbed 93.8% over the past three months. That sharp re-rating has left the stock trading only 2.6% below its recent peak, even as investors continue to debate the durability of the next growth phase.
The latest spark came on Aug. 12, when Citizens JMP Securities upgraded Okta to "Market Outperform". With Okta scheduled to report fiscal second-quarter results after the close on Aug. 26, the upgrade lands at a moment when the market is especially focused on whether accelerating demand for securing AI agents can sustain the rally.
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#securities #outperform #reason
The latest spark came on Aug. 12, when Citizens JMP Securities upgraded Okta to "Market Outperform". With Okta scheduled to report fiscal second-quarter results after the close on Aug. 26, the upgrade lands at a moment when the market is especially focused on whether accelerating demand for securing AI agents can sustain the rally.
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#securities #outperform #reason
2 months ago
Zabit Magomedsharipov has another grappling match lined up – this time against top-ranked UFC featherweight Youssef Zalal in the main event of ACBJJ 22 in Istanbul, Turkey, on Aug. 30.
ACBJJ also officially announced Monday that former UFC welterweight champion Belal Muhammad will compete on the card, taking on former Oktagon ****** leholder Kerim Engizek.
Magomedsharipov vs. Zalal will be contested at 154 pounds, while Muhammad grapples Engizek in a 198-pound match.
Magomedsharipov was expected to face Raul Rosas Jr. in a grappling contest this past July, his first appearance since retiring from the UFC in 2020, but withdrew from the card with an undisclosed injury,
Zalal re-enters competition after losing to Aljamain Sterling in a UFC main event this past April, snapping a nine-fight unbeaten streak inside the octagon with five of those wins coming by way of submission.
#match
ACBJJ also officially announced Monday that former UFC welterweight champion Belal Muhammad will compete on the card, taking on former Oktagon ****** leholder Kerim Engizek.
Magomedsharipov vs. Zalal will be contested at 154 pounds, while Muhammad grapples Engizek in a 198-pound match.
Magomedsharipov was expected to face Raul Rosas Jr. in a grappling contest this past July, his first appearance since retiring from the UFC in 2020, but withdrew from the card with an undisclosed injury,
Zalal re-enters competition after losing to Aljamain Sterling in a UFC main event this past April, snapping a nine-fight unbeaten streak inside the octagon with five of those wins coming by way of submission.
#match
2 months ago
Vlasto Cepo and Gilbert Urbina meet on the UFC Fight Night 283 main card Saturday at Belgrade Arena in Serbia. Check out this quick breakdown of the matchup from MMA Junkie ****** yst Dan Tom.
Last event's results: 4-1
UFC main cards, 2026: 79-42-1
Cepo (14-3 MMA, 0-0 UFC) makes his debut after winning back-to-back fights under the OKTAGON banner. Both of those fights ended in the first round. When Cepo wins, he stops his opponent, as he has a 100-percent finish rate.
Urbina (7-4 MMA, 1-3 UFC) looks to get back on track after losing his last two fights against Charles Radtke and headliner Uros Medic by opening-round stoppage. His last win was a second-round finish of Orion Cosce in May 2023.
#finish #gilbert
Last event's results: 4-1
UFC main cards, 2026: 79-42-1
Cepo (14-3 MMA, 0-0 UFC) makes his debut after winning back-to-back fights under the OKTAGON banner. Both of those fights ended in the first round. When Cepo wins, he stops his opponent, as he has a 100-percent finish rate.
Urbina (7-4 MMA, 1-3 UFC) looks to get back on track after losing his last two fights against Charles Radtke and headliner Uros Medic by opening-round stoppage. His last win was a second-round finish of Orion Cosce in May 2023.
#finish #gilbert
2 months ago
Okta on Thursday agreed to acquire AI identity security startup Permiso Security, betting that demand for protecting AI agents and other machine identities will grow as enterprises deploy autonomous software across their operations.
The identity management company did not disclose the terms of the transaction. But TechCrunch has learned that the acquisition is valued at just under $200 million and is structured as an almost all-cash deal, according to a source with knowledge of the deal. A spokesperson for Okta did not dispute the $200 million figure when TechCrunch asked CEO Todd McKinnon for comment about the deal, but the company would not comment on specifics of the deal terms.
The deal is expected to close in the third quarter of its fiscal 2027, Okta said, subject to customary closing conditions.
Okta's move to buy Permiso comes as identity management companies seek to expand beyond verifying users at login to continuously monitoring what users, applications, and AI agents do once gaining authorized access to a network environment. That shift has intensified competition to secure machine identities as enterprises embed AI deeper into everyday operations.
Permiso, which emerged from stealth in 2022, develops software that helps security teams spot suspicious activity in cloud environments after users or applications have been granted access. More recently, the startup has expanded its platform to monitor AI agents and other machine identities.
#identity
The identity management company did not disclose the terms of the transaction. But TechCrunch has learned that the acquisition is valued at just under $200 million and is structured as an almost all-cash deal, according to a source with knowledge of the deal. A spokesperson for Okta did not dispute the $200 million figure when TechCrunch asked CEO Todd McKinnon for comment about the deal, but the company would not comment on specifics of the deal terms.
The deal is expected to close in the third quarter of its fiscal 2027, Okta said, subject to customary closing conditions.
Okta's move to buy Permiso comes as identity management companies seek to expand beyond verifying users at login to continuously monitoring what users, applications, and AI agents do once gaining authorized access to a network environment. That shift has intensified competition to secure machine identities as enterprises embed AI deeper into everyday operations.
Permiso, which emerged from stealth in 2022, develops software that helps security teams spot suspicious activity in cloud environments after users or applications have been granted access. More recently, the startup has expanded its platform to monitor AI agents and other machine identities.
#identity
4 months ago
Is OKTA a good stock to buy? We came across a bullish thesis on Okta, Inc. on EAA Partners's Substack. In this article, we will summarize the bulls' thesis on OKTA. Okta, Inc.'s share was trading at $118.72 as of June 5th. OKTA's trailing and forward P/E were 86.03 and 30.96 respectively according to Yahoo Finance.
Copyright: franckito / 123RF Stock Photo
Okta, Inc. is positioned as a leading independent identity security platform that secures access for humans, machines, and increasingly AI agents across enterprise environments. The investment case is anchored in its neutrality versus hyperscalers, its 7,000-plus application integration network, and a growing opportunity in Identity Governance, Privileged Access Management, and agentic AI workloads that expand its addressable market beyond traditional workforce identity.
Read More: 15 AI Stocks That Are Quietly Making Investors Rich
Read More: Undervalued AI Stock Poised For Massive Gains: 10000% Upside Potential
Copyright: franckito / 123RF Stock Photo
Okta, Inc. is positioned as a leading independent identity security platform that secures access for humans, machines, and increasingly AI agents across enterprise environments. The investment case is anchored in its neutrality versus hyperscalers, its 7,000-plus application integration network, and a growing opportunity in Identity Governance, Privileged Access Management, and agentic AI workloads that expand its addressable market beyond traditional workforce identity.
Read More: 15 AI Stocks That Are Quietly Making Investors Rich
Read More: Undervalued AI Stock Poised For Massive Gains: 10000% Upside Potential
4 months ago
Okta (OKTA) has gone from a forgotten software name to one of the market’s loudest AI security stories in a matter of weeks. That is saying something in 2026, because software stocks have been battling a simple fear. Investors keep asking whether AI will eat the software world or help the right software names grow faster. Okta is landing in the second camp. The company helps manage identity, access, and security. That makes it a natural fit for a world where people are not the only users anymore. AI agents are showing up, too. And that is exactly the story investors loved when Okta reported earnings and the stock jumped about 30% to a 52-week high, after a long stretch of doubt earlier this year.
That signals the turnaround story for the software company has finally begun.
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That signals the turnaround story for the software company has finally begun.
Dear Microsoft Stock Fans, Mark Your Calendars for June 2
Microsoft Stock Is Up Nearly 30% From Its March Lows, But You Shouldn’t Sell MSFT Just Yet
Dell Stock Could Be Worth 30% More - Based on Strong AI Demand and FCF
