Earnings Results: Okta stock plunges, CEO sees tough times ahead even as earnings forecast moves higher

Okta Inc. shares plunged in the extended session Wednesday after the identity-management software company raised expectations for the months ahead even while its chief executive warned macroeconomic conditions could worsen.

In an interview with MarketWatch ahead of the company’s conference call, Okta OKTAChief Executive Todd McKinnon, a company co-founder, said that even while increasing his annual forecast, he sees a tougher business environment ahead.

“We…

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Futurist Eric Fry says it will be a “Summer of Surge” for these three stocks

One company to replace Amazon… another to rival Tesla… and a third to upset Nvidia. These little-known stocks are poised to overtake the three reigning tech darlings in a move that could completely reorder the top dogs of the stock market. Eric Fry gives away names, tickers and full analysis in this first-ever free broadcast.

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