Zscaler stock soared on Thursday after the cloud security company beat Wall Street’s fiscal fourth-quarter estimates as rising artificial intelligence risk spurred urgent demand for cyber tools. Here’s how the company performed compared to LSEG estimates: Earnings per share: $1.19 adjusted vs. $1.09 expected Revenue: $898 million vs. $877 million expected Revenue jumped 25% from…
Elon Musk’s super PAC is putting its first midterm money behind some of the GOP’s most important election battlegrounds, spending more than $800,000 across seven Senate races and a handful of competitive House districts, according to a new Federal Election Commission disclosure. The spending by America PAC offers the clearest look yet at where the…
American reliance on China for key components used to power data centers is coming under increasing scrutiny as Washington and Beijing battle for AI supremacy, raising the prospect of higher costs and worsening supply chain shortages for the AI buildout. U.S. hyperscalers are racing to build multibillion-dollar data centers for AI, and Chinese firms supply…
Alphabet CEO Sundar Pichai speaks at the AI Impact Summit in New Delhi, India, on Feb. 20, 2026. Prakash Singh | Bloomberg | Getty Images After wrapping up its longest monthly losing streak on Wall Street in more than a decade, Google has started September by giving investors several reasons for optimism. The company on…
Broadcom CEO Hock Tan speaks at the digital X event in Cologne, Germany, on Sept. 13, 2022. Ying Tang | Nurphoto | Getty Images Broadcom shares edged up 2% in extended trading on Wednesday after the chipmaker issued a rosy forecast for the next fiscal year and hinted at growing business with artificial intelligence labs….
Microsoft CEO Satya Nadella speaks at the Microsoft AI Tour in Sydney on April 23, 2026. George Chan | Getty Images News | Getty Images Microsoft will start disclosing quarterly revenue for its Azure cloud business for the first time, providing investors with a clearer picture of its business that competes with Amazon Web Services…
Former Ukrainian Defense Minister Mykhailo Fedorov is launching a defense technology company backed by Palantir CEO Alex Karp, as the former government official looks to turn Ukraine’s wartime technology experience into products for Kyiv and its allies. Karp is set to become the company’s first lead investor, according to Fedorov’s press office. The size of…
Palo Alto Networks CEO Nikesh Arora said Tuesday that AI is forcing companies to overhaul roughly $1 trillion of aging cybersecurity infrastructure built for a pre-AI world. “Nothing that was deployed seven or 10 years ago is prepared or ready to handle AI at machine speed,” Arora told CNBC’s Jim Cramer on “Mad Money.” “You…
Dell Technologies shares moved 9% higher in extended trading on Tuesday after the computer maker reported results and a forecast that easily cleared Wall Street expectations. Here’s how the company did relative to LSEG consensus: Earnings per share: $7.04 adjusted vs. $4.92 expected Revenue: $46.97 billion vs. $44.92 billion expected Revenue came in higher than…
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…
