Okta Stock Soars 28% on AI Identity Earnings Beat
Okta jumped 28% after beating Q2 estimates and raising guidance, betting its "AI agent identity" pitch is what investors want now.
Mr. Jitendra Bhatt
โMarkets, personal finance, economic trends, and the language of money.
Category Writer
Mr. Jitendra Bhatt
Deep understading of finance area and writer covering markets, investing, and economic policy.
Okta jumped 28% after beating Q2 estimates and raising guidance, betting its "AI agent identity" pitch is what investors want now.
Mr. Jitendra Bhatt
โNvidia posted $96.2 billion in Q2 revenue, beat estimates, and guided Q3 to $108 billion, even while excluding all China sales.
Mr. Jitendra Bhatt
โCNBC reports the Treasury may dip into its $950 billion General Account to fund expanded bond buybacks, testing Bessent's firepower claims.
Mr. Jitendra Bhatt
โKevin Warsh delivers his first Jackson Hole keynote Friday, with a fractured Fed, soaring yields, and hike odds at one-in-three.
Mr. Jitendra Bhatt
โOil slipped and Iran's rial hit a record low as Bessent unveiled sanctions he called an "economic D-Day" against Tehran.
Mr. Jitendra Bhatt
โThe long bond touched 5.33%, its worst level since before the financial crisis, as deficits, inflation, and falling foreign demand collide.
Mr. Jitendra Bhatt
โBoeing's 17,000-member engineers union voted down a unanimously endorsed contract and authorized a strike, just as certification deadlines loom.
Mr. Jitendra Bhatt
โWalmart beat on earnings but missed comparable sales for the first time in five years, and blamed fuel prices above $4 a gallon.
Mr. Jitendra Bhatt
โModerna's best trading day ever came after its personalized mRNA cancer vaccine beat Keytruda alone in a 1,137-patient Phase 3 trial.
Mr. Jitendra Bhatt
โTreasury will double its long-bond buyback size to $4 billion per operation after 30-year yields hit a fresh 19-year high.
Mr. Jitendra Bhatt
โBritain cleared Paramount's $110 billion Warner Bros. Discovery buyout, but state lawsuits now push closing to mid-2027.
Mr. Jitendra Bhatt
โBerkshire added $17 billion to its Alphabet stake in Q2, its first net stock buying in 14 quarters, with Buffett personally driving the bet.
Mr. Jitendra Bhatt
โ