Akamai Technologies, Inc. (AKAM) has secured the requisite approval from the U.S. Bankruptcy Court for the District of Delaware to acquire select assets of the bankrupt media firm Edgio Inc. The to-be-acquired asset portfolio includes certain customer contracts from Edgio's content delivery and security businesses and the non-exclusive license rights to its patents. It excludes the acquisition of Edgio personnel, technology or assets related to the network.Edgio filed for bankruptcy in September this year, ...

Shares of Shake Shack Inc. (SHAK) have rallied 26.7% in the past three months, significantly outperforming the 7.8% growth registered by the Zacks Retail - Restaurants industry. SHAK also outpaced the broader Retail-Wholesale sector and the S&P 500 index's 14.8% and 7.8% growth, respectively, during the same period.The company is benefiting from strong same-shack sales, digital initiatives and unit expansion efforts. Also, focus on strategic promotions and effective marketing campaigns, along with menu inno ...

NEW YORK, Nov. 27, 2024 /PRNewswire/ -- Why: Rosen Law Firm, a global investor rights law firm, announces the filing of a class action lawsuit on behalf of purchasers of securities of Zeta Global Holdings Corp. (NYSE: ZETA) between February 27, 2024 and November 13, 2024, both dates inclusive (the "Class Period"). A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than January 21, 2025.So what: If you purchased Zeta securities during the C ...

Zoom Communications (ZM) impressed investors with its third-quarter fiscal 2025 results, beating both earnings and revenue estimates, which signal an attractive buying opportunity. (Read More: Zoom Q3 Earnings Beat, Enterprise Customers Drive Revenues)The company reported adjusted earnings of $1.38 per share, surpassing the Zacks Consensus Estimate by 5.34% with a 7% year-over-year growth. Revenues hit $1.178 billion, surpassing expectations by 1.23% and showing a 3.6% year-over-year increase. The company h ...

YETI Holdings, Inc. (NYSE: YETI ) is an iconic higher-end brand that focuses on delivering premium products at premium prices. Based on fundamental value criteria that I use to screen for good companies falling within a range ofI've been investing for over 7 years with a focus on long term wealth creation through value growth investing, value investing, and dividend investing. I'm not a financial advisor or financial planner. I do not have a formal background in finance, I have a B.S. in Biology with a conc ...

Titan Machinery Inc. (TITN) reported earnings per share (EPS) of 7 cents in third-quarter fiscal 2025 (ended Oct. 31, 2024), meeting the Zacks Consensus Estimate. The bottom line declined 95% from EPS of $1.32 in the year-ago quarter.Total revenues in the reported quarter were $680 million, down 2.1% from the year-ago quarter’s $694 million. The top line, however, surpassed the consensus mark of $669 million.Equipment revenues fell 5.1% year over year to $495 million, while parts revenues rose 5.3% to $121 ...

Abercrombie & Fitch Co. (ANF) posted strong third-quarter fiscal 2024 results, with sales and earnings surpassing the Zacks Consensus Estimate and showing year-over-year improvements. This marked the seventh consecutive quarter of top and bottom-line beats for the company.The strong performance was fueled by substantial growth across regions and brands, especially in the Americas and the Abercrombie brand. The company’s earnings were supported by robust revenue growth, and enhanced gross and operating margi ...

ADTRAN, Inc. (ADTN) recently announced that Belgium’s railway infrastructure company, Infrabel has opted to deploy its FSP 3000 S-Flex to improve storage area network (“SAN”) capacity. In this venture, ADTN collaborated with Arcadiz, a key partner providing engineering and installation services. Moreover, Arcadiz will also provide 24/7 onsite maintenance to deliver uninterrupted rail network services.Today’s businesses have to deal with more data than ever before. Managing the increasingly complex workloads ...

While Oracle (ORCL) has been a standout performer with a 52.9% gain over the past six-month period, significantly outpacing both the Zacks Computer and Technology sector and S&P 500's modest growth of 8.1% and 13.1%, respectively, this impressive run-up has pushed valuations to a concerning level.6-Month Price PerformanceImage Source: Zacks Investment ResearchTrading at an elevated price-to-sales multiple of 8.61X compared with the Zacks Computer-Software industry’s 8.02X, the stock appears to have gotten a ...

The cruise line operator is almost a five-bagger over the past two years. This doesn't have to be the end of the ride.It's been another great year for the world's most valuable cruise line operator by market cap and enterprise value, despite being just the second-largest cruise line by revenue and passenger volume. After soaring 89% so far in 2024, shares of Royal Caribbean Cruises (RCL -0.95%) hit another all-time high on Tuesday. The stock could wind up doubling this year if the market proves buoyant over ...