Mustafau | Istock | Getty Images The stakes have never been higher for senior cybersecurity leaders at top companies. “It feels like my job has doubled or quadrupled,” said Wally Dalrymple, chief security officer at global education and talent solutions firm ETS. “It’s coming at us so fast and at such large volumes,” he said….
Palo Alto Networks surpassed fiscal fourth-quarter estimates as mounting artificial intelligence risks boost demand for its cybersecurity tools. Shares added about 2% in extended trading, following a 5% drop during regular trading. Here’s how the company did versus LSEG estimates: Earnings per share: $1.02 adjusted vs. 98 cents expected Revenue: $3.41 billion vs. $3.35 billion…
We are selling 40 shares of Palo Alto Networks at roughly $377 per share. Following the trade, Jim Cramer’s Charitable Trust will own 160 shares of Palo Alto, reducing its portfolio weighting to 1.5% from 1.9%. Cybersecurity stocks are a bright spot Monday following a post by Dwarkesh Patel, the influential AI podcaster and writer,…
My top 10 things to watch Monday, Aug. 31 1. Oil is up nearly 4% and Chevron , my crude barometer, is trading above $200. U.S. and Iran exchanged attacks for the first time since July. President Donald Trump is threatening to blow up an Iranian oil hub, growing frustrated by a slower-moving sanctions approach….
As one AI chipmaker leaves the earnings spotlight, another one enters this week. The evolving cybersecurity landscape and the labor market will also be in focus. Here’s an in-depth look at three big things we’re watching this week. 1. Earnings: Broadcom and Palo Alto Networks are the two Club names on the earnings docket. Both…
This week’s impressive earnings results showed that the AI buildout is not a zero-sum game: both hardware and software stocks can win. The tech-heavy Nasdaq Composite and the S & P 500 gained 0.9% and 0.5%, respectively, while the blue-chip Dow Jones Industrial Average added 0.5%, marking its first winning week in three. Much of…
Jonathan Raa | Nurphoto | Getty Images CrowdStrike and Okta shares surged on Thursday after earnings showed that artificial intelligence adoption is pushing customers to spend more on cybersecurity tools. Both companies beat Wall Street’s estimates for the fiscal second quarter and raised their forecasts, citing the AI agent threat. CrowdStrike gained 15% while Okta…
George Kurtz, CEO and founder of CrowdStrike, speaks to the Economic Club of New York in New York City, U.S., Oct. 23, 2025. Brendan McDermid | Reuters CrowdStrike popped more than 11% in extended trading after the cybersecurity company topped Wall Street’s fiscal second-quarter estimates and boosted guidance as artificial intelligence threats mount. Earnings per…
Todd McKinnon, chief executive officer of Okta Inc., during a Bloomberg Television interview, in London, UK, on Friday, April 11, 2025. Chris J. Ratcliffe | Bloomberg | Getty Images Okta shares surged 20% in extended trading after the identity software provider surpassed Wall Street’s fiscal second-quarter estimates. Here’s how the company did compared to LSEG…
My top 10 things to watch Tuesday, Aug. 18 1. Bonds are the story of the day. The relentlessness of this worldwide bond market rout is unnerving, pushing yields to decently attractive levels. We are not seeing any let up. Here at home, the 30-year Treasury yield is at a roughly two-decade high, at over…
