US stock markets paused near record highs as investors reassessed risks amid mixed earnings and geopolitical news. Cybersecurity stocks fell sharply after Zscaler issued disappointing forward guidance, dragging the sector down. Meanwhile, oil prices dropped 6% following reports that Iran plans to reopen the Strait of Hormuz, easing inflation concerns and potentially influencing Federal Reserve policy. The market awaits further catalysts, with the S&P 500 near a key resistance level and earnings season continuing to shape sentiment.
Zscaler reported strong third-quarter results with revenue of $850.48 million and adjusted earnings of $1.08 per share, both surpassing analyst expectations. Annual recurring revenue grew 25% to $3.5 billion, driven by demand for its Zero Trust platf...
Zscaler's shares dropped over 31% following a weaker-than-expected revenue forecast for fiscal 2027, with projected growth of 16-17%, down from prior estimates of 19-20%. Despite beating Q3 earnings and revenue estimates, the company signaled a slowd...
Global stock markets reached new all-time highs driven by strong tech sector performance in Asia and the US, despite mixed US stock openings. Optimism over a potential US-Iran peace deal eased oil prices below $95 per barrel temporarily, which helped...
Zscaler reported a disappointing Q3 FY26 with organic revenue growth stagnant at 21%, and it lowered its FY27 growth guidance to 16-17%. The company is facing challenges winning new enterprise customers amid competitive pressures from integrated plat...
Zscaler announced strong Q3 fiscal 2026 results with revenue up 25% year-over-year to $850.5 million and annual recurring revenue (ARR) growing 25% to $3.525 billion. The company achieved a record non-GAAP operating margin of 23%, driven by its Zero ...
