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Stocks Rally on Fed-Friendly CPI Report
Barchart22d agobullish
Stocks Rally on Fed-Friendly CPI Report

The S&P 500 Index ($SPX ) (SPY ) today is up +0.30%, the Dow Jones Industrial Average ($DOWI ) (DIA ) is up +0.60%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.97%. September E-mini S&P futures (ESU26 ) are up +0.28%, and September E-mini Nasdaq futures...

CrowdStrike Surges 5%, Palo Alto and Okta Gain 4% as Cybersecurity Stocks Rally on Analyst Upgrades
24/7 Wall St.29d agobullish
CrowdStrike Surges 5%, Palo Alto and Okta Gain 4% as Cybersecurity Stocks Rally on Analyst Upgrades

Shares of major cybersecurity names are rallying in Monday’s midday session. CrowdStrike Holdings (NASDAQ:CRWD) stock is up 5% to $204 and change, leading the group higher. Palo Alto Networks (NASDAQ:PANW) shares are climbing 4% to $363, and Okta (NASDAQ:OKTA) stock is up 4% to $147. The Amplify Cybersecurity ETF (NYSE ARCA:HACK) is also higher, with ... CrowdStrike Surges 5%, Palo Alto and Okta Gain 4% as Cybersecurity Stocks Rally on Analyst Upgrades

CrowdStrike Stock Falls Despite Earnings Beat
Barrons.com62d agobullish
CrowdStrike Stock Falls Despite Earnings Beat

CrowdStrike Holdings stock was falling late Wednesday despite better-than-expected first-quarter results from the cybersecurity company. CrowdStrike reported adjusted earnings of $1.10 a share on revenue of $1.39 billion. “In Q1, the worlds of cybersecurity and frontier AI collided: this was the Mythos moment,” CEO George Kurtz said in the earnings release.

Palo Alto raises annual forecasts on strong AI cybersecurity demand, shares surge
Reuters63d agobullish
Palo Alto raises annual forecasts on strong AI cybersecurity demand, shares surge

Palo Alto Networks raised its annual revenue and profit ‌forecast on Tuesday, as enterprises increased ‌spending on cloud, identity and AI-driven cybersecurity products ​amid a rising threat landscape, sending shares up 7.4% in extended trading. Here are some details on the results: • Santa Clara, ‌California-based Palo Alto ⁠expects revenue of $11.415 billion to $11.425 billion for fiscal 2026, above ⁠its prior projection of $11.28 billion to $11.31 billion. AI has emerged as a major growth ​driver for ​the company, ​with rising AI-driven cyber ‌threats expected to accelerate enterprise cybersecurity spending and strengthen demand for platform-based vendors such as Palo Alto Networks.

Palo Alto Networks share pop afterhours on upbeat earnings report
Proactive63d agobullish
Palo Alto Networks share pop afterhours on upbeat earnings report

Palo Alto Networks Inc (NYSE:PANW, XETRA:5AP) shares rose more than 10% in after-hours trading on Tuesday after the cybersecurity company reported fiscal third quarter results that exceeded Wall Street expectations and issued stronger-than-expected earnings guidance for the current...

Reuters70d agobullish
Zscaler sees downbeat quarterly revenue as competition heats up in cybersecurity market

Zscaler forecast fourth-quarter revenue below estimates on Tuesday, signaling intensifying competition in ‌the cybersecurity market as enterprises scrutinize spending ‌on cloud security products, sending shares down 15% in extended ​trading. Despite the push to secure modern IT environments, Zscaler faces competition from larger rivals such as Palo Alto Networks, which are vying for more ‌market share with ⁠their own platform offerings. Zscaler primarily competes in the Secure Access Service Edge (SASE) ⁠market, which combines networking and security into a single platform to connect users, devices and applications from ​anywhere.