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Cybersecurity Stocks: Netskope IPO Jumps In First Day Of Trading
Investors· 2025-09-18 16:49
Company Overview - Netskope is a cybersecurity firm that operates a cloud-based Secure Access Service Edge (SASE) platform, supporting remote workers and branch offices [2] - Founded in 2012, Netskope competes with companies like Palo Alto Networks and Zscaler [2] IPO Details - In its initial public offering (IPO), Netskope raised over $900 million with a valuation of $7.3 billion, pricing shares at $19 [1] - Following the IPO, Netskope's stock increased by 18%, reaching $22.43 during midday trading [1] Financial Performance - For the six months ending July 31, Netskope reported a revenue increase of 31% year-over-year, totaling $328 million [2] - The company experienced a net loss of $170 million, which is an improvement from a $207 million loss in the previous year [2] Strategic Focus - Netskope's platform is designed to leverage AI for enhanced security and control over digital interactions, aiming to protect data and organizations from threats and data leaks in real time [3] - The company has a strategic focus on key markets including financial services, healthcare, and federal government [3]
CrowdStrike Delivers Unified Data Protection for the AI Era
Businesswire· 2025-09-18 16:40
AUSTIN, Texas--(BUSINESS WIRE)--Fal.Con 2025, Las Vegas – CrowdStrike (NASDAQ: CRWD) today announced new Falcon® Data Protection innovations that deliver real-time, unified security built for how data moves in the AI era. By addressing the rising risks of GenAI data leaks, insider threats, and sensitive data in motion across hybrid environments, CrowdStrike is defining the future of data protection and driving consolidation of legacy, fragmented tools at scale. "AI has reshaped how data is crea. ...
Falcon Next-Gen Identity Security Innovations Expand Unified Protection for Every Identity, Closing the Gaps Legacy Solutions Create
Businesswire· 2025-09-18 16:38
Core Insights - CrowdStrike announced new innovations in Falcon® Next-Gen Identity Security, enhancing protection for all identities including human, non-human, and AI agents across the hybrid identity lifecycle [1] Group 1: Innovations and Features - The new features include phishing-resistant multi-factor authentication (MFA), modern privileged access, and automated response capabilities [1] - These advancements aim to eliminate blind spots and consolidate fragmented controls in identity security [1] Group 2: Market Positioning - CrowdStrike's approach advances identity security beyond traditional identity and access management (IAM) solutions [1]
Top Stock Movers Now: Intel, Nvidia, CrowdStrike, Cracker Barrel, and More
Investopedia· 2025-09-18 16:27
Group 1 - Nvidia announced a $5 billion investment in Intel, significantly boosting Intel's stock performance [1][5] - The investment will focus on co-developing new data center and PC chips, indicating a strategic partnership between the two companies [1] - Following the announcement, Intel became the best-performing stock in the S&P 500, with Nvidia's shares also experiencing an increase [1][5] Group 2 - PayPal and Alphabet's Google reached an agreement for PayPal to utilize Google's AI tools to enhance internet commerce, leading to gains in both companies' shares [2] - CrowdStrike reported a better-than-expected forecast for annual recurring revenue, resulting in a surge in its stock price [2] - Darden Restaurants, the parent company of Olive Garden, saw its shares decline after missing profit estimates and warning of higher costs impacting future earnings [2][5] Group 3 - Cracker Barrel's shares fell due to negative feedback from recent location updates and logo changes affecting its results and guidance [3] - Nucor's stock dropped following a lower-than-expected outlook, citing weakness across all segments [3] - Oil futures increased while gold prices decreased, with the U.S. dollar strengthening against the euro, pound, and yen [3]
Netskope opens at $23 after cybersecurity firm prices shares at top of range
CNBC· 2025-09-18 16:09
Company Overview - Netskope shares debuted on Nasdaq at $23 after pricing at the top end of its range, raising over $908 million and valuing the company at $7.3 billion [1][2] - The company trades under the ticker symbol "NTSK" and saw its shares increase by more than 25% during the initial trading [1] Market Context - The IPO was more than 20 times oversubscribed, indicating strong investor interest [2] - Netskope is positioned to capitalize on the shift towards AI and cloud technologies, redefining the data network security market [2] - The IPO marks a significant moment in the reopening of the IPO market after a period of low investor interest due to high inflation and rising interest rates in early 2022 [2]
Cybersecurity firm Netskope notches $8.8 billion valuation as shares jump in Nasdaq debut
Yahoo Finance· 2025-09-18 16:06
By Atharva Singh, Arasu Kannagi Basil and Echo Wang (Reuters) - Cybersecurity firm Netskope commanded an $8.79 billion valuation as its shares jumped 21% in their Nasdaq debut on Thursday, adding to a string of successful tech IPOs this year. The Santa Clara, California-based company's shares opened at $23 apiece, well above the $19 offer price. Netskope raised $908.2 million in its IPO by selling 47.8 million shares at the top end of its bumped-up range of $17 to $19 apiece. The U.S. IPO market is enjo ...
Cybersecurity firm Netskope valued at $8.79 billion as shares rise in Nasdaq debut
Reuters· 2025-09-18 16:06
Shares of Netskope rose over 21% in their debut on Nasdaq on Thursday, giving the cybersecurity firm a market capitalization of $8.79 billion. ...
Akamai CEO Wins Emmy® Award
Prnewswire· 2025-09-18 16:01
Core Insights - Akamai Technologies' co-founder and CEO, Dr. Tom Leighton, is awarded the Technology & Engineering Emmy® Lifetime Achievement Award for his contributions to content delivery technologies [2][4] - Leighton has over 50 patents related to content delivery, internet protocols, and digital rights management, significantly impacting the streaming of high-definition content globally [2][3] - This marks Leighton's second Emmy® Award, recognizing Akamai's excellence in engineering creativity in Content Delivery Networks (CDN) [4][5] Company Overview - Akamai is a leading cybersecurity and cloud computing company that provides solutions to protect and power businesses online [7] - The company is recognized for its market-leading security solutions and global operations, which safeguard enterprise data and applications [7] - Akamai's cloud computing solutions are designed for performance and affordability, trusted by global enterprises for reliability and scale [7] Upcoming Events - Akamai and other honorees will be celebrated at the 76th Annual Technology & Engineering Emmy® Awards Ceremony on December 4, 2025, in New York City [6]
CrowdStrike shares rise on strong guidance, AI-driven growth plans
Proactiveinvestors NA· 2025-09-18 15:37
About this content About Emily Jarvie Emily began her career as a political journalist for Australian Community Media in Hobart, Tasmania. After she relocated to Toronto, Canada, she reported on business, legal, and scientific developments in the emerging psychedelics sector before joining Proactive in 2022. She brings a strong journalism background with her work featured in newspapers, magazines, and digital publications across Australia, Europe, and North America, including The Examiner, The Advocate, ...
ColorTokens Announces Integration With CrowdStrike Holdings, Inc. (CRWD)’s Falcon Platform
Yahoo Finance· 2025-09-18 15:25
Group 1 - CrowdStrike Holdings, Inc. (NASDAQ:CRWD) is recognized as one of the 15 stocks predicted by ChatGPT to potentially generate significant wealth in the next five years [1] - ColorTokens has integrated its Xshield Enterprise Microsegmentation Platform with the CrowdStrike Falcon Platform, now available on the CrowdStrike Marketplace [2] - This integration allows customers to utilize CrowdStrike Falcon Firewall Management for microsegmentation without needing additional agents, facilitating faster adoption of Zero Trust strategies [2][3] Group 2 - The integration aims to address deployment challenges and reduce overheads, thereby enhancing security posture and supporting least-privilege access controls essential for Zero Trust [3] - Michael Rogers, VP of Global Alliances at CrowdStrike, emphasized that this integration simplifies the path to Zero Trust and improves security outcomes through the CrowdStrike partner ecosystem [3] - CrowdStrike has shown strong performance in 2025, with a year-to-date stock gain of 30% as of September 15 [3]