Duncan Riley
Latest from Duncan Riley
Okta stock rockets as it reports fourth-quarter revenue growth and improved earnings guidance
Updated with Tuesday stock jump: Shares in Okta Inc. jumped more than 24% Tuesday after the identity and access management company reported beats on revenue and earnings in its fiscal 2025 fourth quarter and forecast a better-than-expected outlook for its first quarter and year ahead. For the quarter that ended on Jan. 31, Okta reported ...
Keyfactor unveils certificate risk management solution with enhanced visibility
Internet of things identity platform provider Keyfactor Inc. today announced the upcoming launch of Command Risk Intelligence, a new capability for managing certificate risks. The new capability is being pitched as a world first, with unmatched visibility into every certificate in use. Users will be able to use the capability to identify and mitigate certificate-related risks before ...
Trump announces US strategic cryptocurrency reserve featuring bitcoin and Ethereum
President Donald Trump announced today the establishment of a U.S. strategic cryptocurrency reserve that will include bitcoin, Ethereum, XRP, Solana and Cardano. “A U.S. Crypto Reserve will elevate this critical industry after years of corrupt attacks by the Biden Administration, which is why my Executive Order on Digital Assets directed the Presidential Working Group to ...
Mimic raises $50M to advance enterprise ransomware defense
Enterprise ransomware defense startup Mimic Networks Inc. announced today that it has raised $50 million in new funding to enhance its ransomware defense platform, expand its market reach and accelerate product innovation. Founded in 2023, Mimic offers a platform designed to detect, deflect and facilitate rapid recovery from ransomware attacks. The company’s solution aims to ...
Expensify shares rise 15% after stock buyback announcement and improved Q4 earnings
Shares in Expensify Inc. jumped more than 15% in late trading today after the payments provider announced a stock repurchase program and reported highly improved earnings in its fiscal 2024 fourth quarter. For the quarter that ended on Dec. 31, Expensify reported an adjusted loss of one cent per share, down from a loss of ...
Autodesk announces 1,350 job cuts following strong quarterly earnings
Computer-aided software design company Autodesk Inc. announced today that it’s cutting 9% of its workforce, or about 1,350 people, following its quarterly earnings report, which saw the company beat analyst expectations on all metrics. The staff cuts follow a review of Autodesk’s business and a subsequent worldwide restructuring plan that prioritizes the company’s efforts in ...
Rapid7 expands Exposure Management service with improved attack surface visibility and context
Cybersecurity technology provider Rapid7 Inc. today announced additions to its Exposure Management offering that deliver increased attack surface visibility and context. The expanded offering gives organizations continuous visibility into sensitive data stored across their multicloud environments paired with the context they need to prioritize and remediate exposures. The enhancements seek to address the need for organizations ...
CrowdStrike report finds surge in malware-free cyberattacks and AI-driven threats in 2024
A new report out today from CrowdStrike Holdings Inc. highlights how cyberthreats evolved significantly in 2024, with attackers shifting toward malware-free intrusions, artificial intelligence-assisted social engineering and cloud-focused vulnerabilities. The 11th annual 2025 CrowdStrike Global Threat report details a surge in alleged China-backed cyber activity, an explosion in “vishing,” or voice phishing, and identity-based attacks ...
Synopsys shares gain on stronger-than-expected earnings forecast
Shares of Synopsys Inc. rose nearly 3% in late trading today after the electronic design automation company forecast stronger-than-expected fiscal 2025 second-quarter earnings growth off the back of increasing demand for its chip design software. For the quarter that ended on Jan. 31, Synopsis reported adjusted earnings per share of $3.03, down from $3.38 per share in ...
C3 AI reports strong revenue growth but forecast disappoints investors
Shares in C3.ai Inc. fell more than 5% in late trading today after the artificial intelligence software maker was weighed down by a weak earnings outlook and despite reporting fiscal third-quarter revenue and earnings beats. For the quarter that ended on Jan. 31, C3 AI reported an adjusted loss per share of 12 cents, down ...









