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JayneC ! Hopefully normal service resumed ? I cooked a lovely cod loin wrapped in Parma ham this evening whilst discussing the days events with my wife pussyG . Let’s see what tomorrow brings ! Have a lovely evening all :)
Totally agree Charles ! Anyone wanting to add shares may want to watch as I think it will open up , the funds etc have added during ftse 250 time and the ones that haven’t know that in a few days a lot more shares will be available with the lock in period ending and some profits will be taken by the early investors, I think an opportunity exists for some profit to be taken by us pi’s and buy back when the dust has settled. That’s my take and I stand to be proven wrong but it’s certainly going to be an exciting week for us all :))
Subject to court sanctioning the scheme of arrangement in relation to the cash offer for Morrison (Wm) Supermarkets (UK, constituent) by CD&R Bidco (non constituent), please see details of affected indexes and effective dates below:
Morrison (Wm) Supermarkets (UK, 0604316) will be deleted from the FTSE 100 Index.
Darktrace (UK, BNYK8G8) will be added to the FTSE 100 Index and deleted from the FTSE 250 Index
President Joe Biden in the East Room of the White House. (Official White House Photo by Adam Schultz)
Cambridge-based cyber security world leader Darktrace saw its market cap soar closer to the magic £7 billion landmark today – making it arguably one of the most valuable tech businesses Cambridge has ever produced. It equates to not far short of $10bn in US currency.
The share price was up 16p to 966p this morning (Friday) on the back of even more good news: Darktrace revealed that its Self-Learning AI is defending organisations across all 16 critical infrastructure sectors designated by the Cybersecurity and Infrastructure Security Agency (CISA).
Within CISA, the Office of Infrastructure Protection leads efforts to manage risks to critical infrastructure, deeming them “essential to the economy, security, and sustainment of the American way of life.”
Self-Learning AI has proved crucial in this mission. It augments human teams and takes autonomous action to detect and respond to threats against the country’s most sensitive systems and critical data – at the earliest stages of an attack.
Self-Learning AI works by constantly evolving its understanding of both IT and operational technologies, allowing it to identify the subtle, emerging signs of a cyber-threat and take targeted action to interrupt encroaching attacks. These real-time alerts enable critical infrastructure organisations to continue business operations without disruption.
The technology also allows defenders of critical infrastructure to achieve the Biden Administration’s goals outlined in the National Security Memorandum on Protecting Critical Infrastructure Control Systems — namely threat visibility, indications, detections, warnings, and facilitating response.
Darktrace Self-Learning AI has successfully fought back against insider threats, supply chain attacks, zero-day exploits, APTs as well as state-sponsored attacks across US critical infrastructure industries.
In May 2021, hackers hit Colonial Pipeline with ransomware, forcing the company to halt the pipeline’s total operations to contain the attack. In the same month, Darktrace AI detected, investigated, and contained a double extortion ransomware attack on a water and wastewater organisation in North America.
Unlike in the case of Colonial Pipeline, the attack was interrupted before hackers could demand any ransom payment or disrupt business operations. Darktrace catches ransomware and other security threats similar to this every day across all 16 sectors.
“The Florida water system attack was a huge wake-up call for us. If hackers get access to credentials, they could leverage them to gain entry to enterprise systems then laterally move to the operational system,” said Bryon Black, IT manager at South Coast Water District in Laguna Beach, California.
“Darktrace’s Self-Learning AI has provided our team with enhanced visibility into our entire digital environment and how our staff operate. Autono
I agree with lending ! I think the institutions know this has great potential and those that haven’t taken any profit may want to take some , but I’m confident in the share price remaining at a good level because of the volume bought in the recent platings . They simply wouldn’t have had the take up if the buyers thought they could get in cheap at the end of the lock in period .
I said 850 to 860 bounce , so to be more precise, I think will will bounce of the moving average of 362 give or take 3 , my wife PG has been studying the charts and we will be getting some books on the subject and hopefully giving more insight into this area of trading . Off topic! We went to the cinema this afternoon to see the bond movie and can highly recommend it as a distraction to trading :))