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Chinese authorities have instructed domestic firms to cease using cybersecurity software from U.S. and Israeli companies, citing national security concerns. Notable firms affected include VMware, Palo Alto Networks, and Fortinet from the U.S., and Check Point Software from Israel. The directive, issued recently, reflects China's efforts to replace Western technology amid rising tensions with the U.S. and concerns over potential foreign hacking. The Cyberspace Administration of China and the Ministry of Industry and Information Technology have not commented on the matter.
ChatGPT predicts Okta stock may reach $121.94 by late March, driven by improving margins and strong demand for identity security. The stock has seen recent gains amid a tech rally, reflecting a recovery from past challenges. The AI model indicates a positive outlook, with potential for further growth, while Okta's focus on Zero Trust security architectures supports its market position. Analysts maintain a Strong Buy rating, with some projecting prices into the high $150s if Okta retains its market share.
Morgan Stanley upgraded Akamai Technologies Inc (NASDAQ:AKAM) to "overweight" from "underweight," leading to a 5.6% increase in shares, trading at $93.09. The price target was raised to $115 from $83 due to low valuation and growth prospects. Despite a previous 21.7% drop post-earnings, today's gains have broken above the $92 level. Increased options activity is noted, with the January 16, 2026, 97.50-strike call being the most popular. Short interest is at 8.5%, indicating potential short covering.
Booz Allen Hamilton has partnered with Andreessen Horowitz to enhance technology for U.S. government missions. As the first a16z Technology Acceleration Partner for Governments, Booz Allen will work with a16z portfolio companies to expedite technology deployment in national security and civilian services. The partnership aims to help growth-stage tech firms bring products to market faster and co-develop solutions while addressing emerging government needs.
Cloud firm Akamai Technologies’shares rise 4.7% to $92.26 premarketMorgan Stanley upgrades to “overweight” from “underweight” Brokerage raises PT to $115 from $83, implying an upside of 30.5% to the stock’s last closeAvg rating of 26 analysts is “buy;” their median PT is $102 - data compiled by LSEGStock fell 8.8% in 2025
