What Traders Need To Know About The Historic S&P 500, Nasdaq 100 Rebalancing 2020/12/16 22:10:23 Benzinga
Traders will be looking out for some major volatility in the markets in the coming days as part of significant rebalancing in both the S&P 500 and the Nasdaq 100. What Is Rebalancing? S&P Global and Nasdaq Inc (NASDAQ: NDAQ ) adjust the constituents of their popular S&P 500 and Nasdaq 100 indices on a regular basis. New stocks that meet the market cap and profitability requirements are added to the indices, and companies that drop below the threshold for inclusion are removed. The S&P 500 index is rebalanced on a quarterly basis, while the Nasdaq 100 is rebalanced annually. This December, the Nasdaq 100 and the S&P 500 will be rebalancing prior to the market open on Monday, Dec. 21. Related Link: No, The Stock Tesla Is Replacing In The S&P 500 Is Not Down 85% Stocks On The Move: The Nasdaq 100 is shuffling more companies this time than the S&P 500. The following six stocks will be added to the Nasdaq 100 prior to Monday's open: American Electric Power Company Inc (NASDAQ: AEP ) Marvell Technology Group Ltd. (NASDAQ: MRVL ) Match Group Inc (NASDAQ: MTCH ) Okta Inc (NASDAQ: OKTA ) Peloton Interactive Inc (NASDAQ: …
Transposit Hires New VP of Marketing With Proven Track Record Scaling B2B Technology Companies 2020/12/15 14:00:00 Business Wire
SAN FRANCISCO--(BUSINESS WIRE)--Transposit, the data-driven DevOps automation company, today announced the addition of Ed Sawma to its executive team as Vice President of Marketing. Sawma brings more than 15 years of product marketing experience from industry-leading technology companies including Okta, Microsoft, and Motorola, and expertise in combining bottom-up growth with a top-down enterprise sales motion. At Transposit, Sawma will be responsible for overseeing product marketing, digital m
We're getting 3 key things wrong when we talk about the long-term impact COVID is going to have on the way we work, according to the cofounder and COO of $32 billion Okta 2020/12/11 19:23:01 Business Insider
Summary List Placement In recent months, we've seen many news stories about how one of the long-term impacts of COVID-19 will be a fully remote work environment with employees distributed all over the globe . We see the trend towards distribution playing out in our day-to-day lives too. Many people are leaving the big cities considered "tech hubs," and their employers are allowing them to work remotely permanently. In response, several tech companies have backed this emerging trend, including Square, Twitter, and us at Okta. At Okta, we recently announced our employees could choose where they want to work. While some will, and already are, taking advantage of a flexible work environment, many miss the in-person work experience and thrive in face-to-face environments. But we also have to remember that we're a tech company, and our transition to remote work was a seamless one. Both inside and outside of the tech world, many businesses rely on in-person interactions. We need to be realistic about long-term work trends.
Google, Intel, Dell, collaboration giants like Zoom, Slack form Modern Computing Alliance | ZDNet 2020/12/10 17:00:00 ZDNet
The founding members of the Modern Computing Alliance -- Google, Box, Citrix, Dell, Imprivata, Okta, RingCentral, Slack, VMWare and Zoom -- are gunning for more integration, better handling of workloads and the new normal for work.
These software stocks could be bigger winners than Zoom and Okta next year 2020/12/09 16:10:00 MarketWatch
An improving economy once widespread COVID-19 vaccinations occur could usher in a new set of software winners, according to a J.P. Morgan analyst.
Okta Inc (NASDAQ:OKTA) CAO Sells $223,200.30 in Stock 2020/10/21 09:02:46 Zolmax News
Okta Inc (NASDAQ:OKTA) CAO Christopher K. Kramer sold 939 shares of the business’s stock in a transaction that occurred on Thursday, October 15th. The stock was sold at an average price of $237.70, for a total value of $223,200.30. Following the sale, the chief accounting officer now directly owns 5,601 shares in the company, valued […]
Christopher K. Kramer Sells 939 Shares of Okta Inc (NASDAQ:OKTA) Stock 2020/10/21 09:02:45 Dakota Financial News
Okta Inc (NASDAQ:OKTA) CAO Christopher K. Kramer sold 939 shares of the company’s stock in a transaction dated Thursday, October 15th. The stock was sold at an average price of $237.70, for a total value of $223,200.30. Following the completion of the sale, the chief accounting officer now owns 5,601 shares in the company, valued […]
Is Okta Stock a Buy? | The Motley Fool 2020/10/16 12:00:00 The Motley Fool
Shares are hitting all-time highs -- have investors already missed the best part of the ride?
Okta Announces New Okta Partner Connect Specializations 2020/10/08 14:03:14 AIThority
Okta, Inc announced Customer Identity and Okta Access Gateway Specializations within Okta Partner Connect.
These 12 VC firms have most actively invested in early-stage AI startups over the past 20 years 2020/10/07 18:37:34 Business Insider
Summary List Placement Over the past two decades, artificial intelligence has quickly become one of the most buzzy technologies. Giants like IBM have doubled-down on AI-backed offerings , while a rush of startups have emerged that are trying to use the tech to overhaul operations ranging from stocking shelves to supply chain negotiations . Along with that has come a bonanza of venture capital funding that has created so-called unicorns like Indigo Ag, UiPath , and SenseTime . In the past 20 years, investors have poured roughly $407 billion into AI startups, per data firm PitchBook. Since 2000, the top 12 VC firms most active in early-stage AI investing by deal count have collectively closed a total of 708 Series A and B rounds, according to research from the data analytics firm provided to Business Insider (the rounds that fit PitchBook's criteria for "early-stage"). Below is a snapshot of each of the dozen firms, including well-known names like Andreessen Horowitz, Intel Capital, and GV.
Wall Street thinks Slack’s antitrust complaint against Microsoft is a ‘smart business decision,’ but won’t change anything (WORK, MSFT) 2020/07/22 23:33:00 Business Insider
Slack has filed an antitrust complaint against Microsoft with the European Commission, accusing the tech giant of anti-competitive behavior with its chat and collaboration app Teams. The complaint wasn't exactly surprising: Slack CEO Stewart Butterfield has previously called Microsoft "unhealthily preoccupied" with "killing" Slack. Regardless of the outcome of the complaint, Wall Street analysts say it's a "smart business decision" for Slack because it puts more scrutiny on Microsoft's dominance in collaborative software and could force the company to slow down. However, they're doubtful that it will lead to Slack achieving its ultimate aim of forcing Microsoft to sell Teams as a standalone product. Click here to read more BI Prime stories. Slack has filed an antitrust complaint against Microsoft with the European Commission, it announced Wednesday, accusing the company of stifling competition through its chat and collaboration app Teams. Slack accuses Microsoft of engaging in illegal, anti-competitive tactics by tying Teams into its productivity suite, force-installing it for customers, blocking its removal, and hiding its "true cost" from its enterprise customers.
What's Next for Okta Stock and How Investors Should Play It 2020/07/22 12:57:19 The Street RealMoney
What's Next for Okta Stock and How Investors Should Play It…OKTA
Okta Stock Could Be on the Rebound Soon 2020/07/14 17:45:08 Schaeffers Investment Research
OKTA's 40-day moving average helped springboard the equity higher in the past
Cloud stocks look frothy, but companies are proving they can cut costs and keep growing 2020/07/09 12:47:22 CNBC
Investors are pouring money into companies like Okta and Datadog as they show potential for lower costs and continued revenue growth.
These are the top 10 holdings of the best-performing US stock fund over the past year (SHOP, TWLO, MDB, VEEV, COUP, OKTA, SPOT, DXCM, WORK, ZM) 2020/07/07 12:53:56 Business Insider
2020's top stock picker as measured by performance has leaned on work-from-home stocks to drive the bulk of gains year-to-date. Morgan Stanley's Dennis Lynch is the portfolio manager of the Morgan Stanley Institutional Discovery Portfolio, which has posted a 12-month total return of 56.2%, ranking No. 1 among active funds that rely on fundamentals and don't use leverage. Here are the top 10 holdings driving strong performance in Lynch's Discovery portfolio. Visit Business Insider's homepage for more stories . Despite the turbulent stock market that saw a 20% drawdown in the first quarter and a 20% rise in the second quarter, some stock pickers are thriving amid the volatility. Case in point, Morgan Stanley's Dennis Lynch, who is the head of the Counterpoint Global team and a portfolio manager of the Morgan Stanley Institutional Discovery Portfolio. The fund placed No. 1 in The Wall Street Journal's Winners' Circle contest. The growth-oriented fund posted a 12-month total return of 56.2%, and was up 59.3% for the first half of 2020, according to The Journal.