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Cloudflare Stock Pops on Brand-New "Overweight" Rating
Schaeffers Investment Research· 2025-12-02 16:41
Core Viewpoint - Cloudflare Inc (NYSE:NET) stock has seen a positive movement following Barclays' initiation of coverage with an "overweight" rating and a price target of $235, driven by factors such as increased cloud computing adoption, cybersecurity needs, and advancements in AI [1] Group 1: Stock Performance - Cloudflare's stock is currently up 4.4% at $205.92 after Barclays' coverage initiation [1] - The stock has experienced a significant pullback from its record high of $260 on November 3, finding support at the $180 level, which aligns with its ascending 180-day moving average [3] - The stock is up 90.4% in 2025, indicating a strong recovery trend [3] Group 2: Analyst Ratings - Among 36 analysts covering Cloudflare, 20 have a "buy" or better rating, while 16 have a "hold" or worse rating [2] - The 12-month consensus price target for Cloudflare is $239.21, representing a 17.6% premium to current stock levels [2] Group 3: Options Market - Options trading appears favorable for Cloudflare, with a Schaeffer's Volatility Index (SVI) of 53% ranking in the 24th percentile of its annual range, suggesting low volatility expectations from options traders [4]
Idaho Scientific Selects QuickLogic eFPGA Hard IP to Enable Crypto Agility
Prnewswire· 2025-12-02 12:03
Accessibility StatementSkip Navigation Showcases QuickLogic's eFPGA IP as a fast, flexible path to crypto-agile, secure ASIC and SoC designs SAN JOSE, Calif., Dec. 2, 2025 /PRNewswire/ -- QuickLogic Corporation (NASDAQ: QUIK), a developer of embedded FPGA (eFPGA) Hard IP and ruggedized FPGAs, announced today that its eFPGA Hard IP has been selected by Idaho Scientific to strengthen the company's leadership in cryptographic solutions, root of trust and secure processing. The eFPGA IP enables rapid iteratio ...
Singapore companies increase use of AI: CPA Australia survey
Yahoo Finance· 2025-12-02 11:38
Core Insights - The adoption of AI and data analytics tools in Singapore is on the rise, with 95% of companies utilizing data analytics software, slightly above the survey average of 93% [1] - AI implementation is also significant, with 92% of businesses adopting some form of AI, compared to the survey average of 89% [2] - However, cybersecurity integration remains a challenge, with only 23% of companies embedding cybersecurity measures into their strategy and operations, below the overall survey average of 28% [3] AI and Data Analytics Adoption - A high uptake of data analytics and visualization tools is noted, with companies using software like Python, Power BI, and Excel [1] - Approximately 20% of organizations have deeply integrated AI into their business processes, while many still use AI on an ad-hoc basis [2] - Tools such as ChatGPT, Microsoft Copilot, and Google Gemini are commonly used, reflecting a trend towards AI-enabled assistance [3] Cybersecurity Challenges - Only 69% of companies utilize cybersecurity software, trailing the average usage rate of 81% [5] - A reactive approach to cyber threats is observed in over 17% of companies, indicating a lack of proactive measures [6] - There are gaps in cybersecurity management, with 11% of companies unaware of their internal cybersecurity strategies [6] Strategic Recommendations - Companies are encouraged to move beyond experimentation with AI and strategically integrate it across functions to maximize its value [4] - The rise of AI-enabled threats necessitates a stronger focus on cyber resilience to maintain trust in digital interactions [5] - Challenges related to human oversight and job displacement due to AI reliance are highlighted, emphasizing the need for careful management of AI integration [7]
Rapid7 to Attend Raymond James TMT and Consumer Conference
Globenewswire· 2025-12-01 21:01
BOSTON, Dec. 01, 2025 (GLOBE NEWSWIRE) -- Rapid7, Inc. (NASDAQ: RPD), a leader in threat detection and exposure management, today announced that the company will be attending the Raymond James TMT and Consumer Conference in New York, NY. The presentation is scheduled for Monday, December 8, 2025 at 3:40 p.m. Eastern Time. The presentation will be webcast live, and a replay will be available for a limited time, under the “Events and Presentations” section on the company’s investor relations website at invest ...
X @Bloomberg
Bloomberg· 2025-12-01 19:28
RT Bloomberg Live (@BloombergLive)NEXT WEEK: @business' @Lynnmdoan sits down with @WellsFargo's Munish Kumar for a conversation on the best ways to identify potential vulnerabilities within digital ecosystems at #BloombergTech's #BTechCybersecurity.Live 12/8 at 4:10 PM ET!https://t.co/nWBmPb16nA https://t.co/p7SnesHe7Q ...
Climb Announces United States Partnership with Fortinet
Globenewswire· 2025-12-01 16:15
Core Insights - Climb has launched a strategic partnership with Fortinet, enhancing its cybersecurity solution offerings and providing significant opportunities for its reseller ecosystem [1][2][3] Company Overview - Climb is a global specialty technology distributor focusing on various IT sectors, including Security, Data Management, and Cloud solutions [8] - Climb is a wholly owned subsidiary of Climb Global Solutions, Inc. (NASDAQ: CLMB) [8] Partnership Details - The partnership with Fortinet allows Climb to offer enterprise-grade security solutions that provide deep automation and real-time protection across devices, data, and applications [2][6] - This collaboration is expected to amplify Climb's impact in the cybersecurity market and support its partners in addressing complex security challenges [3][6] Benefits to Resellers - Climb's reseller ecosystem will gain access to Fortinet's proven security solutions, enabling them to deliver trusted protection and performance to customers across various industries [2][4] - The partnership is designed to foster personalized engagement, allowing resellers to maintain close connections with their customers and provide tailored consultative guidance [7] Strategic Focus - Climb emphasizes a curated cybersecurity portfolio, ensuring that all solutions undergo a rigorous vetting process to guarantee effectiveness and reliability [6] - The company aims to avoid dilution in its offerings by focusing on both emerging innovators and established leaders like Fortinet [7]
NAEGELI Showcases Cybersecurity Leadership with Rubrik
Newsfile· 2025-12-01 16:00
NAEGELI Showcases Cybersecurity Leadership with RubrikDecember 01, 2025 11:00 AM EST | Source: APGPortland, Oregon--(Newsfile Corp. - December 1, 2025) - NAEGELI Deposition & Trial, a nationwide leader in court reporting and litigation support services, continues to demonstrate its commitment to advanced legal technology and client data protection through a high-profile partnership with cybersecurity firm Rubrik. As part of this collaboration, NAEGELI was invited to speak at Rubrik's renowned ...
X @BBC News (World)
BBC News (World)· 2025-12-01 06:07
Over 120,000 home cameras hacked in S Korea for 'sexploitation' footage https://t.co/q8K0HPM4Sj ...