February 22, 2026 
2 min read Okta focuses on identity and access management, providing single sign-on and multi-factor authentication services used by large enterprises including Uber and Coinbase.
Revenue has grown at an average rate of 11-12% over the past 12 months. The company returned to profitability in 2024. Reported positive equity stands at $7 billion and free cash flow approaches $1 billion. Market valuation was listed at $14.6B with a P/E near 75x.
Risks include prior security incidents competition from Microsoft and slower enterprise IT spending while identity security remains a core layer for cloud and AI systems.
Qualcomm licenses wireless technology across mobile devices and holds essential 5G and LTE patents. The company also supplies Wi-Fi equipment laptops and wearables.
On-device and edge AI featured prominently at CES 2026. Qualcomm expanded into data center connectivity through the acquisition of Alphawave Semi. Automotive adoption is material with over 400 million vehicles using its technology and the automotive segment now produces more than $1 billion in quarterly revenue. Market capitalization was cited at $150 billion.
Key areas of expansion:
- Automotive
- On-device and edge AI
- Data centers
Southeast Asia shows steady growth with IMF average real GDP near 4.3% and forecasts around 4.4% annually through 2030. Indonesia has announced a national plan aiming to expand the middle class under the "Golden Indonesia 2045" framework.
A bilateral agreement with the U.S. capped potential tariffs and granted zero duty access to certain exports. The agreement included $38.4B in commercial commitments flowing into infrastructure energy industrial growth and consumer imports.
Commitment breakdown included:
- $15B in U.S. energy purchases
- $13.5B in commercial aircraft orders
- $4.5B in agricultural imports
EIDO was noted trading around 13x forward earnings. Indonesia is the largest producer of nickel and among the top producers of copper. A 2020 ban on raw nickel ore exports prompted domestic processing capacity expansion.
This material is provided for informational and educational purposes only and does not constitute financial advice. All investments carry risk, including the potential loss of capital.
