CrowdStrike Just Lit a Fire Under Cybersecurity Stocks. Is Palo Alto Networks Next?
· finance.yahoo.com
CrowdStrike just posted its best quarter ever and sent cybersecurity stocks surging, but history shows Palo Alto Networks has a nasty habit of falling on strong earnings reports, and the buy side has already baked in a beat.
Where the read-across is real is in the tone CIOs are taking with their budgets. CEO Nikesh Arora said last quarter that "the latest advancements at the AI fron...