Tag: Yahoo Finance

The Correction Is a Solid Opportunity to Buy Okta Stock

Cloud security company Okta (NASDAQ:OKTA) had a tremendous couple of years. Since trading at just $22.60 in early 2017, it quickly became a crowd favorite, soaring as high as $141.85. Since then, OKTA has crashed 34% off those highs. However, the plunge in OKTA stock has created a long-term buying opportunity.Source: Sundry Photography / Shutterstock.com A part of this opportunity comes from the fact that the company has disrupted the cloud-based security market, using a unique identity-based approach to security.For example, its Identity Platform assists companies of all sizes with tracking how their employees access and use cloud-based applications from anywhere in the world. While that may not seem important, consider this: Up to 81% of all data breaches have been caused by weak and even reused passwords, according to Verizon's (NYSE:VZ) 2017 Data Breach Investigations Report.InvestorPlace - Stock Market News, Stock Advice & Trading TipsThat can put an entire organization...

UPDATE 2-Trump threatens to sue CNN, seeks 'substantial' payment over damages -letter

Lawyers for U.S. President Donald Trump and his re-election campaign have threatened in a letter to sue CNN for what they said was the network falsely advertising itself as a news organization, calling on executives to first discuss an "appropriate resolution" to the matter that would include a "substantial" payment to cover damages. The letter, dated Oct. 16 and made public on Friday, is the latest threat by Trump to sue a media organization over what he sees as unfair media coverage since launching his 2016 presidential campaign, although no lawsuits have been filed. Rebecca Tushnet, a professor of false advertising law at Harvard Law School, said there was "no merit" to the letter's legal arguments and that she doubted a lawsuit would ever be filed....

China says Apple CEO met with country's market regulator

Apple CEO Tim Cook met with China's top market regulator in Beijing yesterday. According to China's government, they met to discuss a range of topics including Apple's investment in China, consumer rights protections, and corporate social responsibility. Starship Capital Managing Partner & Homebound Co-Founder John Meyer joins Yahoo Finance's Zack Guzman and Emily McCormick along with "The Information” Reporter Carleton English to discuss....