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super ace 888 Okta up 17% after posting profit, revenue jump in Q3AI Transformations in the TV Market, USD 64.7 Billion Growth Forecast (2024-2028) Driven by Innovation and Premium Products - Technavio Report

Okta up 17% after posting profit, revenue jump in Q3

In a steady session on Friday, U.S. stocks rounded off the week near unchanged marks despite Broadcom's AI chip optimism boosting its shares and market cap past $1 trillion. The Nasdaq advanced for the fourth consecutive week, as tech stocks continued their ascent. Meanwhile, yields on U.S. Treasuries rose, spotlighting investors' focus on interest rates. Anticipation builds for a Federal Reserve rate cut, motivated by an in-line inflation report. Yet, the stock markets took a breather, reflecting investor sentiment swayed by potential profitability shifts under Donald Trump's incoming administration. (With inputs from agencies.)