Shares in Okta (OKTA) dropped 4% in Thursday’s after-hours trading, despite the company reporting solid earnings for the fiscal second quarter. Specifically, Q2 Non-GAAP EPS of $0.07 beat Street estimates by $0.09. However, GAAP EPS of -$0.48 fell short of consensus forecasts by $0.07. Revenue came in strong at $200.45M, easily beating Street expectations by $14.08M and
Month: August 2020
Fans gather at local Ulta Beauty in Houston to greet Kylie Jenner at the launch of her cosmetics line on November 18, 2018 in Houston, Texas. Rick Kern | Getty Images Check out the companies making headlines after the bell: Ulta Beauty — Shares of Ulta Beauty soared 18% in extended trading after the beauty retailer
by Venus230 Antifa & BLM have no right to hurt people Antifa & BLM have no right to destroy property of innocents Antifa & BLM have no right to intimidate and threaten Antifa & BLM have no right to push their agenda on people forcably The people are fighting back through their elected representatives. Let’s
Refinancing a mortgage means paying off an existing loan and replacing it with a new one. There are many reasons why homeowners refinance: To obtain a lower interest rate To shorten the term of their mortgage To convert from an adjustable-rate mortgage (ARM) to a fixed-rate mortgage, or vice versa To tap into home equity
For a man who prides himself as a one-time broadcast star, Donald Trump hosted a surprisingly forgettable four nights of television. As a political event, the 2020 Republican National Convention stuck with the pre-pandemic tradition of set-piece speeches, most of which — including the president’s own meandering, Bill Clinton-length finale — offered tepid recitations of
France reported another post-lockdown record of new coronavirus infections on Thursday, recording 6,111 cases in the 24 hours, about five times the level of two weeks ago. Prime Minister Jean Castex responded by tightening precautions: face masks will be obligatory in Paris from 8am on Friday. The German government has imposed a minimum fine of
Two years ago amid rising interest in ESG investing, advisor Rachel Robasciotti launched an investment strategy to help clients make more of a direct impact on racial, gender, economic and climate justice. Now, as protests spark across the nation in response to yet another police shooting of a Black man, the CEO of Robasciotti &
The highly-anticipated launch of Polkadot’s (DOT) mainnet has seen many smaller crypto assets associated with the project explode recently. Both tokens of the distributed ledger technology (DLT)-powered robotics and Internet-of-Things (IoT) project Robonomics have been among those to surge alongside Polkadot, with the price of its utility token XRT increasing 10 times earlier this month.
Through fast timing and big bets, Todd McKinnon grew his cloud security company, Okta, into a $27 billion business. Now the largest opportunity of his career has landed in his lap: a worldwide pandemic. Todd McKinnon sits in front of his green screen, with a boyish face but weary eyes, talking about his guilt. Over 10%
As Hurricane Laura bears down on the Gulf Coast, residents are preparing for what could be a historic storm surge. The potential for widespread flooding is high, but even after major storms like Hurricane Harvey in 2017, some homeowners in high-risk areas still do not have flood insurance. That’s because today’s federal flood maps, which
The last few months have bolstered the price of the precious metal gold as governments worldwide have created tremendous amounts of debt and inflation. For instance, the value of gold per ounce jumped over $2k during the first week of August. Meanwhile, similarly to the physical counterparts, two blockchain tokens that claim to be backed
getty Earlier this week, the Social Security Administration’s chief actuary reported, in response to a question by Senate Democrats Chuck Schumer, Bernie Sanders, and Ron Wyden, that, if the dedicated payroll taxes to fund Social Security were removed with no replacement income source, the Disability Insurance Trust Fund would be depleted in the middle of
Bjorn Austraat, SVP, AI Enterprise Solutions at Wells Fargo, will discuss how to go from idea to experience, when creating AI programs at your bank at an enterprise scale. He will share his “4D” pragmatic, tested, and effective structure for overcoming some of the most common AI roadblocks. Insights into ways to create alignment across
[embedded content] Investors of all ages, and especially millennials, should seek markets that will give them an unfair advantage. Doug Casey, founder of Casey Research, and Rick Rule, president of Sprott U.S., said that great opportunities lie in the gold mining sector, as well as emerging and frontier markets, like Africa. “Gold stocks are very
Once the moratoriums end, 28 million people will become homeless… by Josh Sigurdson with Tim Picciott via World Alternative Media Josh Sigurdson talks with Tim Picciott, The Liberty Advisor about the record breaking mortgage delinquencies hitting decade highs as people defer on their mortgages and moratoriums save people from rents they can’t pay… Temporarily. Once
A deal can completely change the narrative for a company. This just might be the case for NIO (NIO), so says Morgan Stanley analyst Tim Hsiao. Back in April, the Chinese electric vehicle company inked a deal with the city of Hefei in which it secured a $1 billion investment from several state-owned companies in
The Fed wants its policies to lift many more boats and go far deeper to get lower-income and underemployed Americans to work, before it pulls back from its easy policy stance. Fed Chairman Jerome Powell on Thursday announced that the central bank tweaked its inflation policy, indicating it would be willing to allow inflation to
Collecting vintage or antique items is a growing hobby, especially with sites like eBay making finding and purchasing as easy as a few clicks of a mouse. Collections can also be passed down from generation to generation. You may have inherited your grandmother’s thimble collection or your father’s set of hand-carved tobacco pipes. Many collectors
CNBC’s Jim Cramer on Thursday praised the Federal Reserve and its chairman, Jerome Powell, for updating their approach to monetary policy to help the U.S. economy recover from the coronavirus pandemic. “Powell is on the side of the bulls,” Cramer said on “Squawk on the Street.” The Fed earlier Thursday said it would be willing to
The US justice department has requested Covid-19 data from four states as it considers civil rights investigations into the deaths of nursing home residents. The department said it was requesting the data from New York, New Jersey, Pennsylvania and Michigan, citing orders in those states that required nursing homes to admit coronavirus-infected patients. Italy on
US stocks crept higher and Treasury yields rose on Thursday after Jay Powell, Federal Reserve chair, announced changes designed to give the central bank more flexibility on monetary policy. The S&P 500 closed up 0.2 per cent having set a new intraday high above 3,500 points. Ten-year US yields rose to 0.75 per cent, up
The ongoing economic impact of COVID-19 has resulted in historic unemployment and financial losses to individuals across the United States — with the pain disproportionately born by Black and Hispanic Americans. CFP professionals are in a unique position to help those Americans. But first, our organization must fully realize our vision of building diverse, equitable
“The Justice Department today filed a civil forfeiture complaint detailing two hacks of virtual currency exchanges by North Korean actors,” said an Aug. 27 statement from the U.S. Department of Justice, or DoJ. “These actors stole millions of dollars’ worth of cryptocurrency and ultimately laundered the funds through Chinese over-the-counter (OTC) cryptocurrency traders.” The hackers
Outdoor space sells. Good condition sells. Sensible pricing sells. Neighborhood sells. A … [+] well-located property with a terrace and a reasonable price may receive multiple offers within a few days of going live. getty No real estate market within recent memory offers both the challenges and opportunities inherent in this one. The longer-term impacts
In a major policy pivot, the Federal Reserve said it will allow inflation to run “hotter than normal” to help the economy bounce back from the coronavirus crisis. That means the Fed will be less inclined to hike interest rates, letting borrowers benefit from cheap money for an extended period of time. “This kind of
The U.S. Securities and Exchange Commission (SEC) has amended the definition of accredited investors, such as to include those with proven financial knowledge. The broader definition will enable more people to invest in private offerings of cryptocurrency investments. SEC’s New Accredited Investor Definition The SEC announced Wednesday that it has adopted amendments to the definition
There are potentially serious consequences if Social Security’s payroll taxes are permanently … [+] reduced or eliminated. getty President Trump has made statements recently about the possibility of reducing or eliminating the payroll tax that funds Social Security’s benefits. Understandably, these statements are generating a lot of concern among all quarters, due to the potentially
The Chicago Board of Education signed off on a $6.9 billion operating budget amid warnings that hard decisions lay ahead if the federal government doesn’t come through with more coronavirus-related fiscal relief. The budget banks on $343 million of future federal aid. The junk-rated district received $206 million from the CARES Act signed March 27.
Investors focused on the Basic Materials space have likely heard of Hecla Mining (HL), but is the stock performing well in comparison to the rest of its sector peers? A quick glance at the company’s year-to-date performance in comparison to the rest of the Basic Materials sector should help us answer this question. Hecla Mining
The agitators, rioters, and insurgents have pushed very hard, and now, push back is occurring. This may help quiet events for a little while… by Terry Trahan via The Organic Prepper I was finishing up the next two articles in the Survival Strategies series, when the world, particularly the US, started going even more nuts than
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