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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...
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....
Natural gas markets rally during the week, bouncing from the crucial $2.20 level to test the $2.40 level. It looks as if we have more of a grind on our hands but this is how trend changes start: they get choppy and messy and that eventually everybody moves in the same direction....
The S&P; 500 has pulled back slightly ahead of the weekend, which isn’t much of a surprise considering just how close we are to the all-time highs and we are of course in the midst of earnings season. Beyond that, there is a Brexit vote coming....
The crude oil markets initially tried to rally during the trading session on Friday but did find a little bit of a pushback later in the day. With this, it looks as if we will continue to consolidate in the short term in order to build up a bit of a base....
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....
And prayer goes high tech. The Vatican has launched an e-rosary, a device that teams with your smartphone to help guide users in prayer. It is activated by making the sign of the cross....