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2024-03-29 05:10:00 ET The use of artificial intelligence (AI) systems in the cybersecurity industry is growing at a nice clip. Last year, AI-focused cybersecurity spending stood at an estimated $24 billion, but this figure is expected to be nearly $134 billion in 2030, according to a forec...
2024-03-28 15:00:00 ET More on the markets Where This Market Is Going (Technical Analysis) SPY: 2 Opposing Forces Wall Street Lunch: Fed Not Spooked By Recent Inflation Overbought conditions flash across all market caps: Bespoke Investment Group Energ...
2024-03-25 14:00:54 ET Summary Fortinet, Inc. believes the hardware cycle is close to bottoming, but there is a risk of a protracted downturn due to the size of the pandemic-induced boom. Fortinet's SASE and SecOps businesses are performing well, but are too small to have a signif...
2024-03-25 05:22:00 ET Fool.com contributor Parkev Tatevosian compares Palo Alto Networks (NASDAQ: PANW) , CrowdStrike (NASDAQ: CRWD) , and Fortinet (NASDAQ: FTNT) to answer which is the better growth stock to buy today. *Stock prices used were the afternoon pr...
2024-03-22 06:00:00 ET InvestorPlace - Stock Market News, Stock Advice & Trading Tips Cyberattacks continue to pose a significant threat to companies. A recent survey reported that over 90% of IT professionals thought that the volume and intensity of security threats are ris...
2024-03-16 07:04:00 ET According to Statista, the cybersecurity industry was worth just shy of $300 billion in 2022 and is projected to approach $540 billion by the decade's end. This underlines how serious corporations have become about protecting themselves and their data against hackers ...
2024-03-15 06:13:52 ET Summary Fortinet's divergent SASE strategy makes it the most adaptive vendor in the future evolution of networking and network security. In fact, we have actually created a variant of SASE, called SASO, to better represent FTNT's ability in converged network...
2024-03-14 15:46:35 ET Summary Fortinet beats analyst revenue estimates and earnings per share forecasts in its latest earnings report. The company focuses on secure networking, SASE, and SecOps, which are expected to drive revenue growth. Fortinet's strategy shift towards SAS...
2024-03-13 08:13:25 ET Summary The cost of cybercrime continues to rise, and is estimated to reach $10.3 trillion by 2025 and $13.8 trillion by 2028. The 1-year performance across cybersecurity leaders is quite variable, ranging from an impressive 161% to a mere 17%. AI and au...
2024-03-12 11:24:46 ET Summary Fortinet has suffered from a revenue decline since the March 2023 quarter and its billings show this is likely to continue. At the same time, one of its competitors is offering free trials in a bid to lure customers. Therefore, the level of uncer...
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DGR Systems Achieves Top Fortinet Service Program Designation - EPSP PR Newswire TAMPA, Fla. , May 15, 2024 /PRNewswire/ -- DGR Systems (DGR), a next generation technology solutions integrator, announced today they have been named a Fortinet Engage Preferred...
2024-05-11 03:20:00 ET Shares of Fortinet (NASDAQ: FTNT) once again gave back recent gains as investors digested another muted outlook from the cybersecurity company's management team. After several years of accelerated growth due to pandemic lockdowns and organizations upgrading th...
2024-05-08 06:54:00 ET Stock Traders Daily has produced this trading report using a proprietary method. This methodology seeks to optimize the entry and exit levels to maximize results and limit risk, and it is also applied to Index options, ETFs, and futures for our subscribers. This...