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.
Cybersecurity stocks surged after IBM CEO Arvind Krishna highlighted cyber threats as a top concern for customers in the company's preliminary Q2 results. Krishna noted that some major deals were delayed as businesses reconsidered spending due to evo...
Zscaler's stock dropped sharply by 31.5% on May 27, 2026, after the company issued weaker-than-expected guidance and revealed disruptions linked to sales leadership changes. This decline followed concerns about slowing growth, weaker customer expansi...
