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Salesforce (NYSE:CRM) shares jumped more than 11% in early trading Wednesday after the cloud computing software provider posted first-quarter results that topped expectations and issued guidance that was seen as "a major relief for tech investors" by some Wall Street analysts. Wedbush Securit...
Zscaler 's (NASDAQ: ZS) stock price jumped 13% on Friday, May 27, after the cybersecurity company posted its third-quarter earnings report. Its revenue rose 63% year over year to $286.8 million, which beat analysts' expectations by $15.3 million. Its adjusted net income increased 15...
CrowdStrike will release much-anticipated earnings this Thursday after the market close. Recent competitor earnings have injected enthusiasm into the cybersecurity market; however, the rally could be short-lived. Let's take a look at some key metrics to watch. For further de...
Are These Tech Stocks On Your Watchlist This Week? Tech stocks could be worth considering even with the stock market being closed on Memorial Day. Overall, this section of the market represents an increasingly relevant and viable global industry. Like it or not, tech plays a...
Apple (NASDAQ:AAPL) is likely to be one of the main beneficiaries as investment firm Wedbush Securities noted a "clear improvement" in the supply chain in Asia over the past week. Analyst Dan Ives noted that Apple (AAPL), as well as "other chip players," are likely to be the main beneficiarie...
Snowflake has an increasing secular demand from next-generation business intelligence and is disrupting the data-warehousing industry, making long-term growth sustainable. The company has over $1 billion in cash and no long-term debt, and its free cash flow margin expansion will enabl...
InvestorPlace - Stock Market News, Stock Advice & Trading Tips This article is excerpted from Tom Yeung’s Moonshot Investor newsletter. To make sure you don’t miss any of Tom’s picks, subscribe to his mailing list here . Cybersecurity Threats Continue G...
Zscaler reported a robust FQ3'22 earnings release and raised guidance for FY22. But, its underlying metrics suggest growth could slow further. The market has digested its premium multiple significantly, as it has gotten it right. As a result, the company may have trouble sustaining it...
Earnings season is accelerating towards the finish line, with such high-profile names as Victoria’s Secret (NYSE:VSCO), RH (RH), Salesforce (NYSE:CRM), Gamestop (NYSE:GME), and Lululemon (NASDAQ:LULU) set to report next week. With many of the twists and turns stemming from earnings rep...
Zscaler (NASDAQ:ZS) shares surged 12% on Friday, leading the sector high, after the cloud-based cyber security firm posted third-quarter results that topped expectations and raised its full-year guidance. For the period ending April 30, Zscaler (ZS) said it earned an adjusted $0.17 ...
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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. ...