Tech and Real Estate Stocks Lead Market Surge

Okta Surges, Duolingo Beats, Real Estate Shines, and Axon Hits Highs
After-hours Stock Action
Okta ( $Okta(OKTA.US)$ ): Strong Rebound Post-Cybersecurity Event
Impressive Performance: Surged over 20% after hours on beating earnings and revenue estimates.
Positive Outlook: Strong guidance for both metrics; stock returning to pre-event levels.
Duolingo ( $Duolingo(DUOL.US)$ ): Language Learning App Soars
Earnings Beat: Jumped 20% in extended session after exceeding expectations.
Growth Trajectory: Strong Q1 and full-year revenue guidance; stock doubled in the past twelve months.
Real Estate Sector: Tech Players Lead Charge
Standout Performance: Real estate sector outperformed with tech-oriented players leading the way.
Data Center Stocks Shine: Digital Realty Trust, Equinix at all-time highs; Cell tower REITs like American Tower, Crown Castle, SBA Communications showing mixed recent performance.
Axon Enterprise (AAXN): Tasers to New Heights
Record High Close: Best day since August with all-time high close post earnings and revenue beat.
Sector Outperformance: One of the best performers in industrials sector over past six months (+54%).
Regional Banks Under Pressure
Continued Weakness: SPDR S&P Regional Banking ETF ( $Spdr Series Trust S&P Regional Bkg Etf(KRE.US)$ ) down over 1%, off by around 9% in past month.
Struggles Continue for New York Community Bancorp (-55% in a month); Truist and Citizens Financial also facing declines. $S&P 500 Index(.SPX.US)$ $Nasdaq Composite Index(.IXIC.US)$ $Dow Jones Industrial Average(.DJI.US)$