Browsing: Alto

Despite a slide on Friday, shares of top cybersecurity names such as Okta (OKTA), CrowdStrike (CRWD), and Palo Alto Networks (PANW) ripped higher this week amid fresh AI warnings from the biggest names in the space.

AI is driving new cybersecurity demand by rapidly identifying software vulnerabilities and prompting companies to seek testing, faster response times, data integration and SIEM capabilities.

AI is reshaping where cybersecuritydollars are going, and Wedbush sees a smaller group of platform companies positioned to capture that shift.

Josh Paul, the Chief Accounting Officer of Palo Alto Networks Inc PANW, sold 900 shares of the company’s stock on September 1, 2026, according to a recent SEC Filing. Following the transaction, the insider now directly owns 72,484 shares of the cybersecurity giant.

The company raised its fiscal 2027 revenue outlook, adding that AI security products were gaining customer interest and some new offerings were moving into proof-of-concept stages.

Palo Alto Networks, the Nasdaq-listed cybersecurity company, has acquired Console, an AI-native platform built to bring agentic capabilities to enterprise security operations.

Palo Alto Networks paid $500 million in cash and stock to acquire Console, a two-year-old startup that uses AI agents to automate routine IT help desk tasks, according to two people with knowledge of the deal.

Palo Alto Networks just handed Wall Street another reason to believe the AI security gold rush isn’t slowing down. The cybersecurity giant beat quarterly estimates on the back of surging demand for AI-powered detection and response tools, according to a CNBC report, extending a run that’s seen its stock nearly double this year while the…

Calif., Sept. 1, 2026 /PRNewswire/ — Palo Alto Networks® (NASDAQ: PANW), the global AI cybersecurity leader, announced today financial results for its fiscal fourth quarter and fiscal year, ended July 31, 2026

A number of stocks fell in the afternoon session after escalating geopolitical tensions in the Middle East and climbing global bond yields dampened investor risk appetite.