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Tech stocks are starting the week off on the right foot Monday, with the tech-heavy Nasdaq scoring gains of more than 2% through 12:25 p.m. ET. Shares of cloud-based database specialist MongoDB (NASDAQ: MDB) are doubling that gain, up 4.1%. Cybersecurity stocks Zscaler ...
Economic uncertainty sent the Nasdaq Composite tumbling into a bear market last year, and the tech-heavy index is still down 30% from its high. Unfortunately, there is no telling when the stock market will rebound -- but it has always rebounded in the past, and there is no reaso...
ZS as the firm said the tech sector is "overlooked." For further details see: Zscaler slips even as Wells Fargo names it top software stock for 2023
Zscaler (NASDAQ: ZS) stock fell more than 16% last month following its quarterly earnings report on Dec. 1. Even though its results exceeded expectations, the cybersecurity stock couldn't overcome fears about slowing growth in the tech sector. Zscaler slumped further throughout December...
After rising modestly on Wednesday, tech stocks are giving back all their gains Thursday -- and more -- as the Nasdaq slumps more than 1% in late-morning trading. Cybersecurity stocks are getting hit particularly hard today, with shares of Fortinet (NASDAQ: FTNT) falling 1.1% as o...
Summary Zscaler has underperformed the cybersecurity industry by more than 100%, suggesting that, beyond the tech sell-off, there other underlying issues weighing on the stock. The business has been doing well, achieving record revenues in a challenging macroeconomic environment. Th...
Summary Zscaler, long one of the most expensive stocks in the SaaS sector, has fallen 60% over the past year. Despite the steep fall, the company still retains a rich ~12x forward revenue multiple, which compares unfavorably to many "fallen angel" software names. The company has see...
Zscaler (NASDAQ: ZS) stock continues to get clobbered even as the cybersecurity company puts up sizzling sales growth. Investors are dialing back exposure to high-growth-but-no-profit tech stocks during this bear market. Zscaler, unfortunately, matches that description thanks to a high rate...
Recession fears caused a stock market meltdown in 2022, and the technology sector was hit especially hard. Notably, shares of DigitalOcean Holdings (NYSE: DOCN) and Zscaler (NASDAQ: ZS) have plunged 82% and 72%, respectively, leaving both stocks near a 52-week low. But some Wall S...
Zscaler (NASDAQ: ZS) stock is a must-have cybersecurity play in your portfolio. Motley Fool contributor Jamie Louko explains why this leader in zero-trust technology stands out. *Stock prices used were the midday prices of Dec. 25, 2022. The video was published on Dec. 26, 2022. ...
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2024-07-24 11:38:05 ET USA News Group Commentary Issued on behalf of Scope AI Corp. VANCOUVER – USA News Group – The telecom market just witnessed a security breach nightmare, with the data (records of calls and texts) of nearly all customers of a giant getting stolen by...
2024-07-17 14:42:08 ET Shares of Zscaler (NASDAQ: ZS) slid 13.3% in the first six months of the year, according to data provided by S&P Global Market Intelligence . The cybersecurity stock struggled as investors came to terms with the company's slowing growth rate and increa...
2024-07-16 05:58:00 ET According to Cybersecurity Ventures, cybercrime is set to cost the world $9.5 trillion this year, and the damage bill could top $10.5 trillion in 2025. Malicious actors are even using artificial intelligence (AI) to launch highly sophisticated attacks on businesses. ...