Why Okta Shares Just Hit a New High

If you're unfamiliar with Okta (NASDAQ: OKTA), that's understandable — the cloud software company works in a specific niche of the cybersecurity space, helping businesses ensure that the the people accessing their systems really are who they claim to be. So individuals aren't buying what it sells, but given the ever-rising threat that hackers pose, more and more companies are […]

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American Airlines hit by Boeing Max jet grounding

More fallout from Boeing 737 Max jet groundings; Disney and Coca-Cola team up for ‘Star Wars’ Fox Business Briefs: American Airlines extending cancellations of Boeing 737 Max flights through August 19; Coca-Cola producing bottles shaped like droids exclusively for ‘Star Wars: Galaxy’s Edge’ attractions at Disney Parks. The global grounding of Boeing's 737 Max jets is hammering American Airlines earnings, […]

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Wealth manager IOOF hit with class-action lawsuit

Australia's second-largest wealth manager, IOOF Holdings, was sued on Friday by shareholders who alleged the company engaged in deceptive conduct and breached sharemarket disclosure obligations. The class-action lawsuit is the ninth against a major financial firm since the banking royal commission last year uncovered widespread misconduct in Australia's financial system, including charging customers fees for no service and deception of […]

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US median home prices hit record high as certain buyers face bigger headwinds

California home sales at an 11-year low Salem Radio talk show host Larry Elder on efforts to reduce wildfires in California and the exodus from California over taxes and mounting regulations. Just in time for the spring buying season, home prices across the nation reached a record high last month. Continue Reading Below According to Realtor.com, the median list price […]

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Origin forecasts $44m hit from regulated power price

The government's push to lower power bills by regulating electricity prices looks set to cost energy companies more than $100 million from next financial year. Treasurer Josh Frydenberg and Energy Minister Angus Taylor on Saturday announced plans to introduce default prices from July 1, in effect replacing electricity retailers' non-discounted "standing" offers in a bid to cut bills for one […]

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Roku Plans to Hit $1 Billion in Sales This Year

Streaming-TV platform Roku(NASDAQ: ROKU) reported fourth-quarter earnings results on Thursday, and investors were clearly impressed. The company's core operating metrics continued to march in the right direction, while the advertising business is putting up strong growth. Some of that was already known, as Roku had disclosed preliminary estimates on active accounts and hours streamed in early January. Thanks to executing […]

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