Scotiabank maintained an Outperform rating on Akamai Technologies, citing strong enterprise demand for API security and potential benefits from Trump-era tariffs.

The entities involved

• Donald Trump →

  American businessman and politician (born 1946), President of the United States (2017–2021; since 2025)

  • Trump ended the ceasefire agreement with Iran following recent attacks by Iranian forces.Mon 18:02
  • The Trump administration utilized the Department of Health & Human Services for an AI tool.Mon 18:02
• Akamai Technologies →

  American content delivery network, cybersecurity, and cloud service company

  • MarketBeat reports Akamai's consensus rating as Morgan Stanley upped its price objective, while Royal Bank of Canada lowered its target price and HSBC lifted its price target.Mon 06:38
  • Akamai and Anthropic announced a partnership to support AI compute needs, while talks regarding the Hormuz Strait and nuclear issues were reported.Sun 11:30
• Scotiabank →

  Canadian bank based in Toronto

  • Scotiabank reaffirmed a sector perform rating on Allied Properties Real Estate Investment Trust.Mon 11:13
  • Scotiabank issued rating reports on Cemex and filed required disclosures with the SEC.Mon 09:00

Related events

• AI stocks are benefiting from Trump-era tariffs, with Morningstar and ClearBridge providing market analysis on growth and upside potential.Jun 8
• Barclays raised its price target for Okta, noting that AI stocks are benefiting from the onshoring trend and Trump-era tariffs.Jun 7
• Trump tariffs and onshoring benefit AI stocks, leading to automation and robotics support agreements involving Amazon and Richtech Robotics.Jun 7
• SharpLink Gaming acquired Ethereum above market prices, causing a stock price drop, while Trump tariffs continue to benefit AI stocks.Jun 7
• Goldman Sachs and Zeta Interactive noted that tariffs and onshoring benefit AI stocks, citing accelerated Q2 growth and raising price targets.Jun 7