Netskope shares opened at $23 in their Nasdaq debut after the cybersecurity software provider sold shares at the top end of its range. Shares were last up more than 20%. The company, which trades under the ticker symbol “NTSK,” priced shares at $19 on Wednesday evening, raising over $908 million and valuing the company at…
Thomas Fuller | SOPA Images | Lightrocket | Getty Images Cybersecurity company Netskope is eying a $7.3 billion valuation after pricing shares at $19 for its upcoming IPO, at the top end of its expected range. Netskope will start trading on Thursday on the Nasdaq under the ticker symbol “NTSK.” The share sale raised $908.2…
Sanjay Beri, chief executive officer and founder of Netskope Inc., listens during a Bloomberg West television interview in San Francisco, California. David Paul Morris | Bloomberg | Getty Images Netskope is targeting a $7.3 billion valuation in its upcoming initial public offering, after lifting its planned price range. The cybersecurity company said it plans to…
Okta CEO Todd McKinnon appears on CNBC in September 2018. Anjali Sundaram | CNBC Okta shares rose 7% in extended trading on Tuesday after the identity software maker reported fiscal results that exceeded Wall Street projections. Here’s how the company did in comparison with LSEG consensus: Earnings per share: 91 cents adjusted vs. 84 cents…
Sanjay Beri, chief executive officer and founder of Netskope Inc., listens during a Bloomberg West television interview in San Francisco, California. David Paul Morris | Bloomberg | Getty Images Cloud security platform Netskope will go public on the Nasdaq under the ticker symbol “NTSK,” the company said in an initial public offering filing Friday. The…
Waymo self-driving cars with roof-mounted sensor arrays traveling near palm trees and modern buildings along the Embarcadero, San Francisco, California, February 21, 2025. Smith Collection/gado | Archive Photos | Getty Images Waymo is getting one step closer to rides in New York City. The Alphabet autonomous vehicle subsidiary received its first permit from the New…
Nikesh Arora, CEO of Palo Alto Networks, looks on during the closing bell at the Nasdaq Market in New York City on March 25, 2025. Jeenah Moon | Reuters Palo Alto Networks reported better-than-expected quarterly results and issued upbeat guidance for the current period. The cybersecurity software vendor said Nir Zuk, who founded the company…
Photo illustration of Nvidia’s H20 chip. Vcg | Visual China Group | Getty Images Chip giant Nvidia pushed back Sunday in response to allegations from Chinese state media that its H20 artificial intelligence chips are a national security risk for China. Earlier in the day, Reuters reported Yuyuan Tantian, an account affiliated with Chinese state…
The rise of generative AI and large language models has drastically shifted the cybersecurity landscape, empowering attackers with easy-to-use tools that can create realistic video and voice deepfakes, personalized phishing campaigns, and malware and malicious code. That has opened the door for AI on the defense as well. As agentic AI becomes more deeply embedded in…
Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street. Markets: The S & P 500 gave up its early gains and fell into the red Thursday. Rallies in mega-cap names like Apple and Nvidia weren’t…
