SentinelOne’s third-quarter annualized recurring revenue climbed 29% YoY, slower than the 33% growth in the second quarter.
Zscaler said, “Growing customer engagements and strong sales execution drove a solid Q1 with all metrics exceeding guidance.”
Cyber security companies’ near-term trends are mixed but lean toward a “more cautious” outlook, with commentaries pointing to large deal delays.
For investors seeking momentum, Global X Cybersecurity ETF BUG is probably on the radar. The fund just hit a 52-week high and is up 36.86% from its 52-week low price of $24.96/share.But are more gains...
The increasing adoption of Artificial Intelligence (AI) in day-to-day activities of businesses poses great benefits to operations by increasing efficiency but at the same time making companies more vulnerable...
U.S. technology stocks were under significant pressure in early August. However, the tech space showed signs of improvement from mid-August as investor positioning remained heavily weighted toward bullish...
Investing in an ETF helps diversify stock-specific risk and capture the upside from an exciting investment trend.
Investors are pulling back on growth forecasts across the cybersecurity industry.
They are definitely worth researching further.