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Palo Alto CEO says customer meeting requests have surged amid AI security concerns
Palo Alto Networks CEO Nikesh Arora said artificial intelligence is making cybersecurity more important as increasingly sophisticated AI-powered attacks force companies to strengthen their defenses. "I think we declared the 'SaaSpocalypse' dead for cybersecurity officially," Arora said on CNBC's "Mad Money" on Tuesday, referencing investor concerns earlier this year that software-as-a-service, or SaaS, companies would be disrupted by AI models. Palo Alto reported stronger-than-expected...
Palo Alto CEO’s Pay, Now Nearly $100 Million, Is Most Rejected in Corporate America
Nikesh Arora, chief executive officer at Palo Alto Networks Inc., during the Raise summit in Paris in 2025.
Tech company whose CEO’s pay has been rejected the most number of times in Corporate America
Palo Alto Networks' shareholders have reportedly rejected its CEO's pay package more times than investors at any other company in Corporate America. According to a report by Bloomberg, shareholders of the cybersecurity company have voted against executive compensation proposals seven times since 2015, the highest number of failed "say-on-pay" votes among companies in the S&P 500 Index. In December 2025, less than half of Palo Alto shareholders voted in favour of compensation packages for...
What's behind Palo Alto's earnings sell-off — and how to proceed
Shares of Palo Alto Networks are down over 4% Wednesday, despite the cybersecurity provider delivering strong quarterly results the prior evening. This next-day move may seem a bit odd, given the company not only exceeded expectations for the reported quarter, but also issued guidance ahead of expectations for the current three-month period. So, what is the culprit?
We're upping our Palo Alto price target after strong earnings vanquish AI disruption fears
Palo Alto Networks reported a strong beat-and-raise quarter Tuesday night, putting to rest any lingering doubt that it will be disrupted by artificial intelligence. The stock was volatile in after-hours trading, but considering its blistering rally into earnings, it's not surprising to see this kind of reaction. Revenue for the company's fiscal 2026 third quarter increased 31% year over year to $3 billion, exceeding the Wall Street consensus estimate of $2.94 billion, according to LSEG.
CBSE students demand grace marks, fee waiver over evaluation errors
Pune: Several CBSE Std XII students across the country have launched a coordinated demand for grace marks and a complete waiver of verification and re-evaluation fees, claiming that technical problems linked to the board’s new On-Screen Marking (OSM) system led to unusually low scores, unchecked answers and delayed access to answer sheets at a crucial stage of the admission season. The demand came as students applying for engineering, medical, commerce and overseas university programmes said...
Mythos rejuvenated the cybersecurity sector. Earnings put the recent rally to the test
Anthropic's Mythos model offered a much-needed lifeline to cybersecurity firms in the age of artificial intelligence. Yet, this week's cybersecurity earnings offered a brutal reminder that even with tailwinds, sometimes good just isn't good enough as shares of CrowdStrike and Palo Alto Networks lost 8% and 3%, respectively. "People probably got a little over their skis," said Joseph Gallo, a software analyst at Jefferies.
Jim Cramer's top 10 things to watch in the stock market Wednesday
My top 10 things to watch Wednesday, June 3 1. Stocks are little changed this morning after the S & P 500 's record high yesterday. The market is being held back by Iran and tariff uncertainties.
How Jim Cramer would approach Palo Alto's stock heading into earnings
Every weekday, the CNBC Investing Club with Jim Cramer holds a "Morning Meeting" livestream at 10:20 a.m. Here's a recap of Tuesday's key moments. The S & P 500 touched fresh record highs on Tuesday, driven by Nvidia and other chipmakers.
Big Tech's AI ambitions pose a major power test for Europe
SoftBank's plan to invest 75 billion euros in building AI infrastructure in France underscored the nation's status as a leading hub, but Big Tech's lofty energy demands will put the wider continent's grid to the test, analysts say. Japan's SoftBank on Saturday announced plans to build 3.1 GW of AI data centers in the northern Hauts-de-France region, including new sites in Dunkirk, Bosquel and Bouchain, by 2031. With over 60% of its power needs met by nuclear power, France is particularly...