Tag: Akamai Technologies

Hedge Fund Internet Software Aggregate’s Total and Factor Returns

A Look At Hedge Fund Internet Software Crowding

Hedge Fund Internet Software Crowding by AlphaBetaWorks Charts Hedge funds tend to pile into the same few stocks. In most sectors these crowded bets underperform. In previous articles we discussed the crowding of hedge fund energy as well as exploration and production bets. Internet software stocks show […]

Internet Speed Rose 10 Percent Worldwide: Akamai

Internet Speed Rose 10 Percent Worldwide: Akamai

The “State of the Internet” report from Akamai Technologies, Inc. (NASDAQ:AKAM) indicated that the average internet speed increased 10% to 3.6 megabits per second (Mbps) worldwide during the third quarter from the internet speed in the second quarter of 2013. […]

Akamai To Acquire Security Provider Prolexic For $370M

Akamai To Acquire Security Provider Prolexic For $370M

Akamai Technologies, Inc. (NASDAQ:AKAM) is set to acquire cloud-based security provider Prolexic Technologies Inc for about $370 million. Akamai Technologies, Inc. (NASDAQ:AKAM) announced its big acquisition of U.S.-based provider of cloud-based security solutions Prolexic Inc. and the deal is expected to […]

Thursday (12/22/11) Mid-Day Market News

Thursday (12/22/11) Mid-Day Market News

Mid-Day Market Action   US:  Dow: 12167.76 (0.56%), S&P 500: 1254.26 (0.85%), NASDAQ: 2599.92 (0.85%) Europe: CAC: 3071.80 (1.35%), DAX: 5852.18 (1.04%), FTSE: 5456.97 (1.23%). Asia: Australia: 4090.80 (-1.18%), China: 2186.30 (-0.22%), Hong Kong: 18378.23 (-0.21%), India: 4733.85 (0.87%), Japan: […]