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2023-04-06 12:58:08 ET Shares of cybersecurity companies CrowdStrike (NASDAQ: CRWD) , Palo Alto Networks (NASDAQ: PANW) , and Zscaler (NASDAQ: ZS) were volatile today as investors continued to process the news about slowing job growth, comments about the cybersec...
2023-04-05 12:30:09 ET The share prices of some technology companies were tumbling fast today on no company-specific news, but rather on the latest jobs report, which showed that the number of new hires increased by far less than expected in March. Normally, that type of data probab...
2023-04-05 11:18:53 ET CrowdStrike ( NASDAQ: CRWD ) shares slumped nearly 7% in early trading on Wednesday even as Wall Street analysts praised the company's investor briefing. Piper Sandler analyst Rob Owens, who has an overweight rating and $180 per-share price target,...
2023-04-03 05:21:52 ET Goldman Sachs is sticking with its S&P 500 ( SP500 ) ( NYSEARCA: SPY ) target of little change by year end as valuations and earnings face headwinds near term, its equity team said. "Our Long Duration basket has outperformed the Short Duration bask...
2023-04-02 05:30:00 ET The first quarter of 2023 was chock-full of wild twists, turns, and volatility as investors digest financial markets, fed policy, and myriad factors. With everything going on, it's easy to lose sight of what matters most -- which is achieving your long-term financial ...
2023-03-31 12:53:17 ET Summary Softer demand is undermining growth, and as a premium solution, Zscaler appears to be facing pricing pressure. While Zscaler has a large lead in cloud-based network security, the quantity and quality of competitors is increasing. Zscaler’s...
2023-03-30 13:45:00 ET Summary The divergence between semiconductor companies and B2B software is becoming hard to ignore. What is causing the wide divergence? Have B2B software expectations finally reset? In this report, we present our takeaways from the reported earnings (C4...
2023-03-30 12:04:53 ET Summary Cloudflare's network provides a differentiated set of capabilities that are being used to enter new markets. This provides Cloudflare with a strong competitive position, although this is still not widely understood. Cloudflare's current valuation...
2023-03-29 07:27:29 ET Microsoft ( NASDAQ: MSFT ), Apple ( NASDAQ: AAPL ), Amazon ( NASDAQ: AMZN ) and a host of other tech stocks may be beneficiaries as the sector gears up for what Wedbush Securities sees as a "modestly better" earnings season. Analyst Dan...
2023-03-28 18:56:08 ET Summary Zscaler shares fell sharply in the wake of a recent quarterly report that featured a noticeable deceleration in billings growth. The company did actually beat revenue and earnings metrics for the quarter, and raised its forecast for those categories ...
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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. ...