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Investing.com2h agoneutral
Wall Street hit by wave of AI-powered ’vishing’ cyberattacks - Bloomberg

A wave of sophisticated cyberattacks has targeted several of Wall Street’s most prominent money managers in recent days, highlighting the growing threat posed by artificial intelligence-enabled fraud, Bloomberg reported. The hackers attempted to breach information systems at major hedge funds—including Two Sigma Investments, Citadel, and Point72 Asset Management—as well as several private equity firms, according to people familiar with the matter who spoke to Bloomberg on the condition of anonym

Fortinet (FTNT) Is Up 8.8% After Raising 2026 Revenue Guidance And Launching New AI-Focused Firewall - Has The Bull Case Changed?
Simply Wall St.1d agoneutral
Fortinet (FTNT) Is Up 8.8% After Raising 2026 Revenue Guidance And Launching New AI-Focused Firewall - Has The Bull Case Changed?

In late July 2026, Fortinet reported second-quarter revenue of US$2,047.9 million and net income of US$606.3 million, raised full-year 2026 revenue guidance to a range of US$8.02 billion to US$8.18 billion, and issued third-quarter revenue guidance of US$2,010 million to US$2,100 million. The company also introduced the FortiGate 1200G series with FortiSASE Outpost, aimed at high-performance, AI-focused and sovereignty-sensitive security needs across hybrid environments. Next, we will...

AI Transforming Cybersecurity: Bugcrowd CEO David Gerry, Live at Nasdaq
Exec Edge5d agoneutral
AI Transforming Cybersecurity: Bugcrowd CEO David Gerry, Live at Nasdaq

Tech Edge hosted a fireside chat on July 27 at Nasdaq MarketSite with David Gerry, Chief Executive Officer of Bugcrowd. The in-person interview was joined by Editor-in-Chief John Jannarone and they discussed why AI is transforming cybersecurity by empowering both attackers and defenders, how the company combines AI with its global community of ethical hackers […] The post AI Transforming Cybersecurity: Bugcrowd CEO David Gerry, Live at Nasdaq appeared first on ExecEdge.

Climb Global Solutions Q2 Earnings Call Highlights
MarketBeat6d agoneutral
Climb Global Solutions Q2 Earnings Call Highlights

Climb Global Solutions (NASDAQ:CLMB) reported second-quarter results marked by higher gross billings, sales and gross profit, while net income and adjusted EBITDA declined as the company absorbed acquisition-related costs and increased investments in technology infrastructure. For the quarter ended

Fortinet (FTNT) Raises Revenue Outlook After Strong Q2 And New AI Product Push
Simply Wall St.6d agoneutral
Fortinet (FTNT) Raises Revenue Outlook After Strong Q2 And New AI Product Push

Fortinet raised its annual revenue forecast after reporting strong Q2 results that exceeded its prior guidance on revenue and profitability. The company highlighted progress in its shift to a subscription led model and deeper use of generative AI across its product suite. Fortinet announced a collaboration with Intel on the Fortinet Security Processor 6 and rolled out new offerings including FortiGate 1200G and FortiSOC. Moody’s upgraded Fortinet’s ratings to the highest level for any...

Fortinet (FTNT) Stock Seems Stretched Following Its 152% Five Year Run
Simply Wall St.6d agoneutral
Fortinet (FTNT) Stock Seems Stretched Following Its 152% Five Year Run

Fortinet stock has delivered strong gains over the last five years, yet current valuation checks suggest the shares now trade at a premium. Both the Discounted Cash Flow (DCF) intrinsic value estimate and market multiples point to an overvalued profile. Fortinet has returned about 152% over the past five years, which sets a high bar for any further upside to be justified by fundamentals. Expectations around product growth, highlighted by new offerings such as the FortiGate 1200G series and...

Fortinet Q2 Earnings Call Highlights
MarketBeat6d agoneutral
Fortinet Q2 Earnings Call Highlights

Fortinet (NASDAQ:FTNT) reported second-quarter 2026 results that exceeded the high end of its guidance, with billings rising 33% year over year to $2.37 billion and total revenue increasing 26% to $2.05 billion. Product revenue grew 52% to $773 million, while service revenue rose 14% to $1.27 billi

Reuters6d agoneutral
Fortinet lifts annual revenue forecast on strong cybersecurity demand

Cybersecurity firm Fortinet on Wednesday lifted its annual revenue forecast after ‌reporting strong second-quarter results, signaling strong enterprise ‌spending on its services amid rising data security incidents. Companies are ​ramping up data security budgets to tackle increasingly sophisticated ransomware attacks and other threats. The California-based company now projects annual revenue between $8.02 billion and $8.18 billion, ‌compared with its ⁠previous expectation of $7.71 billion to $7.87 billion.

Fortinet (FTNT) Heads Into Q2 Earnings As AI Security Optimism Meets A Pricey Valuation
Simply Wall St.11d agoneutral
Fortinet (FTNT) Heads Into Q2 Earnings As AI Security Optimism Meets A Pricey Valuation

Fortinet (FTNT) heads into its upcoming second quarter earnings report with attention on forecast growth in both services and products, along with recent FortiEndpoint AI features and a broader global distribution pact with TD SYNNEX. See our latest analysis for Fortinet. Fortinet’s share price momentum has been choppy in the very short term, with a 7 day share price return of 5.7% down, but the 90 day share price return of 80.7% and 3 year total shareholder return of 98.4% point to strong...