Investment
Features
FeesSafety
Academy
More
Pluang+

Cybersecurity stocks fall sharply amid AI funding concerns, with Palo Alto down 7% and SentinelOne 9%.

Market News
16 Oct 2026
24/7 Wall Street
View Source
Bearish
Cybersecurity stocks fall sharply amid AI funding concerns, with Palo Alto down 7% and SentinelOne 9%.

Cybersecurity stocks like Palo Alto Networks, SentinelOne, and Zscaler have dropped significantly—7%, 9%, and 6% respectively—due to investor worries about how AI projects are financed. Despite strong revenue growth and positive forecasts, these companies are caught in a broader tech selloff driven by uncertainty over AI spending. The sector's demand story remains strong, but the current market correction tests investor confidence until AI financing clarity emerges. Upcoming earnings reports will be key to watch for signs of sustained demand.

Following the recent selloff in cybersecurity stocks due to AI financing concerns, Palo Alto Networks shares are down 7.74% at USD 341.61 on Pluang as of Oct 17, 2026 00:11 WIB. SentinelOne also shows a 9.03% drop to USD 21.26, while Zscaler is down 6.79% at USD 205.47. These declines coincide with high sell activity on Pluang, especially for Zscaler, which has 100% sell orders at this time.

More News (PANW)

banner-footerbanner-footer

Invest & Trade with
#1 Award-Winning Investment Super App