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Akamai Technologies (AKAM.O) forecast second-quarter profit and revenue below Wall Street expectations ​on Thursday, as the company navigates ‌a challenging macroeconomic environment marked by high memory costs and cautious enterprise spending.

A ​sharp rise in the cost ​of memory infrastructure has rippled across the ⁠technology industry, as enterprises such ​as Akamai prepare to spend more to ​secure the crucial hardware.

Investors have also been concerned about the impact of new agentic ​security tools from companies such as ​Anthropic on traditional security technology.