Palo Alto Networks Shares Decline Amid AI Impact on Software Stocks

Palo Alto Networks' shares dropped 8% as its CEO defended the cybersecurity firm's position amidst the impact of AI on software stocks, following the company's significant investments in AI and recent acquisitions.

18 Feb, 14:37 — 18 Feb, 14:37

Post Share

ℹOnly 1 source covers this story

Read at source (1 outlet)

cnbc5d ago

Palo Alto shares sink 8%, CEO defends cybersecurity's position as AI hits software stocks

Palo Alto has bet big on AI in recent months and launched an aggressive acquisition spree that included buying CyberArk for $25 billion.

Read full article →

PERSPECTA

PERSPECTA

Palo Alto Networks Shares Decline Amid AI Impact on Software Stocks

Read at source (1 outlet)

Palo Alto shares sink 8%, CEO defends cybersecurity's position as AI hits software stocks

Related Stories

Apple plans to manufacture Mac Mini in Houston, WSJ reports

India is rewriting rules of AI governance, giving it open sky while keeping command in human hands

Digital Initiative Transforms Government Schools in Kashmir

Call for Autonomy and Transparency in Courtroom Tech Reform

PERSPECTA