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Okta shares surged roughly 20% after the identity-security company posted a beat-and-raise quarter, with results and guidance exceeding Wall Street expectations. The rally was partly attributed to growing enterprise demand for AI-driven security tools as companies bolster defenses against AI-related threats. The strong print adds to a string of recent earnings beats among enterprise software and security firms navigating the shift toward AI-native products. Investors reacted favorably to signs that Okta's growth trajectory is accelerating rather than decelerating amid heightened competition in the identity-management space.