The digital media segment of software company octa took an 87 million dollar hit in the fiscal first quarter. The security breach appears to be a little bit up for grabs at the moment, because a group posted pictures on lines saying they hacked octa. Octa's management says we've investigated. We found no evidence of ongoing malicious activity. They've got 15 thousand customers, and by the way, one of them is the company you and i worked for.
Offering guidance to Wall Street analysts can be a tricky proposition. There are downsides to being either too vague or too specific. (00:22) Tim Beyers discusses: - Adobe's 1st-quarter results and the $75 million hit to its business in Russia and Belarus - How worried Okta's corporate customers should be - Why no one should expect Okta's public communications on its recent security breach to be highly detailed
(14:56) Ricky Mulvey talks with Alicia Hammond about the psychological forces that encourage you to sell, and some actionable ways to make calmer, better decisions about your money.
Stocks: ADBE, OKTA, SHOP
Host: Chris Hill Guests: Tim Beyers, Ricky Mulvey, Alicia Hammond Engineer: Tim Sparks
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