CrowdStrike Just Hacked The AI Boom: The Cybersecurity ETF Trade Taking Shape
CrowdStrike reports a blowout quarter, putting cybersecurity ETFs in the spotlight as AI agents create new demand for security tools.
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Cisco Stock slips as tech weakness offsets bullish Cramer commentary, strong guidance and the company’s expanding AI push.
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CrowdStrike reports a blowout quarter, putting cybersecurity ETFs in the spotlight as AI agents create new demand for security tools.
Read original at benzingaPalo Alto Networks (PANW) stock jumps 3% as CrowdStrike earnings spark a cybersecurity rally. Read technical setup and more.
Read original at benzingaCisco is expanding its Secure AI Factory with Nvidia and Supermicro, adding rack-scale computing solutions for large-scale AI workloads.
Read original at benzingaSalesforce delivered a strong Q2 report with revenue of $11.34 billion (beating consensus) and raised full-year guidance. The stock rallied over 20% as investors gained confidence in the company's ability to leverage AI as a growth driver. Agentforce and Data 360 ARR reached $3.9 billion with 210% YoY growth, while major customers like Cisco, Dell, Uber, and Robinhood are expanding AI deployments with Salesforce.
Read original at zacks-investment-researchOkta reported better-than-expected Q2 fiscal 2027 earnings with revenues of $805 million (up 11% YoY) and adjusted EPS of $1.05, beating consensus estimates. The company showed strong enterprise demand with customers generating over $1 million ACV increasing 20%, and new AI-agent security products contributing 30% of quarterly bookings. Okta provided positive FY27 guidance expecting 10-11% revenue growth and raised its Zacks Rank to #2 (Buy).
Read original at zacks-investment-researchDell Technologies ended fiscal Q1 2027 with a record $51.3B AI backlog and AI server revenues of $16.1B (up 757% YoY), driving ISG revenues to $29B. The company raised its fiscal 2027 AI server revenue guidance to approximately $60B, supported by a growing customer base exceeding 5,000. However, Dell faces intense competition from NVIDIA and Cisco in the AI infrastructure market.
Read original at zacks-investment-research