Palo Alto Networks, Inc. (PANW) has unveiled significant advancements in cloud security operations through its Cortex XSIAM platform. The introduction of Cloud Detection and Response capabilities within Cortex XSIAM marks a pivotal moment in cloud security, offering the industry's first security operation center (SOC) platform optimized for cloud environments.Enhanced CapabilitiesAs organizations increasingly transition to the cloud, traditional SOC tools face challenges in addressing cloud-specific threats ...

As businesses invest in the cloud, new Cortex XSIAM features enable SecOps teams to identify and remediate cloud threats in real-time SANTA CLARA, Calif., April 11, 2024 /PRNewswire/ -- Palo Alto Networks (NASDAQ: PANW), the global cybersecurity leader, today announced a new milestone in how security operations centers (SOC) secure the cloud. The new innovations as part of Cortex XSIAM® for Cloud bolster the Palo Alto Networks Cortex XSIAM platform to natively deliver Cloud Detection and Response capabiliti ...

The latest trading session saw Palo Alto Networks (PANW) ending at $281.04, denoting a +0.68% adjustment from its last day's close. The stock exceeded the S&P 500, which registered a loss of 0.95% for the day. On the other hand, the Dow registered a loss of 1.09%, and the technology-centric Nasdaq decreased by 0.84%.The security software maker's shares have seen a decrease of 1.97% over the last month, not keeping up with the Computer and Technology sector's gain of 1.67% and the S&P 500's gain of 1.78%.The ...

As the threat of cybercrime grows, the damage it causes may become more expensive. The demand for effective cybersecurity will increase accordingly. Some businesses and large corporations are slow to spend money on the latest cybersecurity solutions. However, it is almost certain that every company will have to bite the bullet in the coming years.In this window of opportunity lives the best cybersecurity stocks available right now. These three stocks have the most potential to assert themselves at the top o ...

Palo Alto Networks (PANW) and Alphabet’s (GOOGL) Google Cloud strengthen their cybersecurity collaboration, marking a significant expansion of their alliance. Palo Alto Networks commits to a multi-year, 10-figure investment in Google Cloud, naming it as their preferred artificial intelligence (AI) and infrastructure provider.Since 2018, Palo Alto Networks and Google Cloud have collaborated to revolutionize cybersecurity, a commitment further solidified by this expanded alliance. This strategic move undersco ...

Building the future of AI-powered security platforms to bring enterprises closer to real-time security resolution SANTA CLARA, Calif., April 9, 2024 /PRNewswire/ -- Cloud Next '24, LAS VEGAS -- Palo Alto Networks (NASDAQ: PANW), the global cybersecurity leader, and Google Cloud today announced the most significant expansion of their partnership to date. Palo Alto Networks has extended and increased its commitment to Google Cloud with a ten-figure, multi-year commitment and named Google Cloud its AI and infr ...

BlackJack3D Leveraging Breadth for the New Plaftormization Strategy Since 2022, Palo Alto Networks (NASDAQ:PANW) has presented its business as three divisions, that are now referred to as platforms – Network Security, Cloud Security, and SecOps. Each division has acquired a significant number of leadership accolades from market analysts, such as Gartner and Forrester. Palo Alto NetworksThe entire ‘platformization’ strategy, first communicated in the 2Q24 earnings report, entails leveraging the breadth ...

In the latest market close, Palo Alto Networks (PANW) reached $269.54, with a -1.41% movement compared to the previous day. This change lagged the S&P 500's daily gain of 0.11%. Meanwhile, the Dow experienced a drop of 0.11%, and the technology-dominated Nasdaq saw an increase of 0.23%.The security software maker's stock has dropped by 6.09% in the past month, falling short of the Computer and Technology sector's gain of 1.54% and the S&P 500's gain of 1.5%.The investment community will be paying close atte ...

Shares of cybersecurity provider Palo Alto Networks (PANW 0.15%) struggled recently following a guidance cut from the company in February, but analysts at Argus Research still see brighter days ahead. Argus boosted its price target on the stock to $336 on Friday, which represents a potential upside over the next 12 months or so of about 17%.Softening demand and a change in strategyPalo Alto saw weakness in its U.S. government-related business in its most recent quarter, with deals that were expected to clos ...

A month has gone by since the last earnings report for Palo Alto Networks (PANW) . Shares have added about 7.7% in that time frame, outperforming the S&P 500.Will the recent positive trend continue leading up to its next earnings release, or is Palo Alto due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at its most recent earnings report in order to get a better handle on the important catalysts. Palo Alto Q2 Earnings Beat, Cut FY24 Revenue G ...