PANW News and Press, Palo Alto Networks Inc. From 06/26/24

2024-06-26 16:15:53 ET Summary CrowdStrike is a top-tier cybersecurity company with strong operating metrics and share price performance. The company's premium valuation is driven by positive sentiment, high-profile cyber-attacks, and strong financial metrics. The Cybersecurit...

2024-06-25 18:31:40 ET Summary Despite strong profitability growth, Palo Alto Networks is likely overvalued, with a forward price-to-sales ratio significantly above its 10-year median. The company is well-positioned for future growth through its Next-Generation Security Services, ...

2024-06-23 00:39:19 ET More on CrowdStrike, Okta, etc. CrowdStrike: Is Wall Street's New Darling The Next AI Gold Train (Technical Analysis) Palo Alto Networks: Efficiently Absorbing Tailwinds CrowdStrike: Defying The Macro And Industry Gravity SA Asks: Is cy...

2024-06-22 12:50:35 ET With the 2024 U.S. presidential elections heating up next week in the form of the first debate, Goldman Sachs' portfolio strategy research team took a look at American companies which have the biggest exposure to domestic and international sales.... Read the ful...

2024-06-21 13:01:11 ET More on Palo Alto Networks Palo Alto Networks: Efficiently Absorbing Tailwinds Palo Alto Networks, Inc. (PANW) Bank of America 2024 Global Technology Conference (Transcript) Palo Alto: Deferred Billings Impact FCF Amid Growth Slowdown P...

Issued on behalf of Avant Technologies Inc. VANCOUVER – USA News Group – The ongoing massive uptake of global artificial intelligence (AI) adoption is boosting efficiency and innovation across sectors, according to a new study from McKinsey . With...

2024-06-18 05:17:07 ET Summary Palo Alto Networks demonstrates strong revenue momentum and robust operating leverage, driving innovation and fostering promising new partnerships. New partnerships with technology and consulting giants, combined with a strong focus on innovation, en...

2024-06-17 16:14:17 ET Summary Zscaler leads an $9bn Service Edge market growing 20-30% in the next five years. Zscaler adapted its sales motion six months ago, and feedback is positive; productivity will increase throughout FY25. I expect accelerating billings throughout FY25...

2024-06-17 01:51:06 ET Summary Check Point Software Technologies reinforced its product offerings through Copilot, developed using the Microsoft Azure OpenAI service. At the same time, its partnership with Nvidia for ASIC boosts its positioning for firewalls, which are key to secu...

2024-06-13 19:01:53 ET Summary Broadcom Inc.'s AI business grew by 280% year-over-year in Q2 FY24, with networking products driving growth. The company anticipates AI revenue will reach 25% of group revenue by FY24. Broadcom's legacy software businesses are a concern, with rev...