Inflation is cooling off rapidly, and the Federal Reserve looks set to dial down its interest rate hike to just 25 basis points at its meeting next week. It stepped back from its long-term guidance calling for $4 billion in revenue and $800 million in free cash flow in fiscal 2026, and it lost several executives. First, Okta is rolling out its new privileged access management product later this year, which together with identity governance and administration will expand its addressable market to $80 billion.