Cybersecurity stocks Zscaler and SentinelOne surged 10% following earnings reports from CrowdStrike and Okta that reset expectations for security software spending. The sector-wide re-rating saw money flow into previously punished names like Zscaler, which was down 24% year-to-date before the rally. Meanwhile, Fortinet and Datadog also gained, though Datadog's rise is linked more to broad software sentiment than direct security demand. Investors are advised to watch if the gains hold and consider cautious position sizing given mixed year-to-date performances.
Nvidia reported record revenue driven by AI demand, highlighting a surge in cybersecurity stocks like CrowdStrike and Okta as companies invest more in protecting AI systems. Nvidia's $96.2 billion quarter and strong forecasts signal expanding AI depl...
Barclays raised its price target for Zscaler from $170 to $192, indicating a potential 9% upside from the current price of $176.06. The company enjoys strong analyst support, with 34 out of 45 firms rating it as a Strong Buy, reflecting confidence in...
