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Akamai Technologies has introduced new cloud-based services, Akamai Inference and Akamai Agent Sandbox, designed to support the deployment and security of AI applications and agents.
UBS has lowered its price target for Akamai Technologies, Inc. from $148 to $100 while maintaining a Neutral rating.
Akamai Technologies, Inc. received the 'Enterprise Cloud Computing Platform of the Year' award in the 2026 Mobile Breakthrough Awards.
Piper Sandler analyst James Fish has lowered the price target for Akamai Technologies (AKAM) to $120.
Onto Innovation raised its Q3 2026 revenue guidance to $380M-$400M and increased full-year advanced packaging growth outlook to 80% from 50%, driven by strong demand for Dragonfly inspection products and advanced nodes. The company's record backlog exceeded $1.1B with 60-70% relating to 2026, supporting second-half revenue growth of at least 25% and operating margins reaching 32-33%.
Applied Materials has entered into an agreement to increase its stake in BE Semiconductor Industries (Besi) to approximately 20% of outstanding shares.