Akamai Technologies Inc. (AKAM) reported fourth quarter normalized net income of $0.45 per share after the bell Wednesday, up from $0.40 per share last year. The consensus estimate was for EPS of $0.40.
Akamai Technologies gapped up sharply Thursday morning and is currently higher by 4.10 at $38.54. The stock has broken out of a month and a half long range and has set a 9-month high.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.