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Akamai Falls After Adjusted EPS Forecast Miss

Akamai CEO Tom Leighton joins Caroline Hyde to discuss the company’s recent earnings, which sent shares tumbling after its forecast adjusted earnings per share for the second quarter missed the average analyst estimate. He also talks about generative AI’s role in security breaches and a potential TikTok ban on “Bloomberg Technology.” ——– Like this video?…

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Akamai CEO Tom Leighton joins Caroline Hyde to discuss the company’s recent earnings, which sent shares tumbling after its forecast adjusted earnings per share for the second quarter missed the average analyst estimate. He also talks about generative AI’s role in security breaches and a potential TikTok ban on “Bloomberg Technology.”
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3 Comments

3 Comments

  1. @witness1013

    May 10, 2024 at 2:25 pm

    Akami is past it’s prime

    Reply

  2. @phucnguyenxuan5227

    May 11, 2024 at 12:34 pm

    any idea which very big social media network has been cutting akamai as cdn? meta, netflix ?

    Reply

    • @badrben4458

      May 12, 2024 at 2:41 am

      It looks like TikTok

      Reply

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Nikesh Arora, CEO of Palo Alto Networks, says M&A could potentially move quicker under the new Trump administration as they take on a more deregulatory tone. He joins Caroline Hyde to discuss on “Bloomberg Technology.”
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