Core Insights - Varonis Systems, Inc. has launched Varonis Identity Protection, enhancing its Data Security Platform to provide unified visibility and control over data and identities [1][4] - The new feature connects identities with data access, helping organizations mitigate risks associated with identity-based threats, including insider threats and AI tools [2][3] Product Features - Varonis Identity Protection distinguishes between human and non-human identities, classifying them as internal, guest, external, or privileged, and monitors their interactions with data to detect anomalies [3][7] - The platform utilizes machine learning for identity classification, integrating with systems like Entra ID, Okta, and Active Directory to auto-classify user accounts [7] - Key capabilities include identity threat detection and response, automated remediation of identity posture issues, and peer behavior analysis to identify risky activities [5][7] Industry Recognition - Varonis has been recognized as a Leader in Identity Threat Detection and Response by GigaOm, highlighting its advanced detection and automated response capabilities [5] Company Overview - Varonis is positioned as a leader in data security, focusing on protecting data across various environments, including SaaS, IaaS, and hybrid cloud [6][9] - The company emphasizes a proactive approach to data security, prioritizing data protection over traditional cybersecurity measures [9]

Scottsdale, AZ, June 03, 2025 (GLOBE NEWSWIRE) -- CISO Global Inc. (NASDAQ: CISO), an industry leader in AI-powered security software, managed cybersecurity, and compliance, is pleased to announce it has received formal notifications from NASDAQ confirming that the company is in full compliance with all NASDAQ listing standards. The NASDAQ notifications verified that CISO Global has satisfied all previously outstanding listing requirements, underscoring the company's strong commitment to corporate governanc ...

Core Insights - Zscaler has announced advanced AI security capabilities aimed at enhancing data security and preventing cyberattacks, addressing challenges faced by businesses adopting AI technologies [1][4] - The Zscaler platform processes over 500 trillion security signals daily, leveraging this data to power its AI engines for accurate threat detection and automated security [2][3] AI-Powered Innovations - Zscaler's new AI-focused solutions aim to simplify the deployment of advanced AI tools in large environments, enhancing precision and automating threat neutralization [3][4] - Key innovations include AI-powered data security classification, which identifies sensitive content across more than 200 categories, improving data security assessments [5] - Enhanced generative AI protections provide greater visibility and control over AI applications, allowing organizations to block non-compliant prompts and safeguard sensitive data [5] - AI-powered segmentation features a user-to-application segmentation engine that streamlines app management and improves security posture [5] Network Intelligence Enhancements - Zscaler Digital Experience (ZDX) now utilizes AI to benchmark and visualize internet performance, enabling proactive detection of ISP issues and optimizing connections to Zscaler data centers [5]

Advanced Security Solutions Extend Zero Trust Everywhere to Protect Data Across Branches, Multi-Cloud Environments, and Remote EnvironmentsLAS VEGAS, June 03, 2025 (GLOBE NEWSWIRE) -- Zenith Live Las Vegas — Zscaler, Inc. (NASDAQ: ZS), the leader in cloud security, today announced a new suite of solutions that enable customers to quickly adopt Zero Trust Everywhere. These innovations extend the reach of true Zero Trust and enable businesses to modernize and scale securely by providing end-to-end segmentatio ...

Core Insights - Akamai Technologies has launched Akamai DNS Posture Management, a solution providing unified, multicloud visibility and real-time monitoring to prevent DNS-based attacks [1][5] - The solution addresses the complexities of managing multiple DNS systems and helps organizations ensure proper configuration and security [3][5] Group 1: Product Features - Akamai DNS Posture Management offers agentless real-time monitoring and guided remediation across major DNS providers [1] - The solution includes a Certificate Monitor that organizes digital certificates by domain names to identify risks such as expired or misconfigured certificates [7] - It provides a comprehensive view of zones, domains, sub-domains, and records across various DNS providers, including Akamai Cloud, AWS, Microsoft Azure, and Google Cloud Platform [8] Group 2: Security Challenges - DNS configurations can become outdated, leading to vulnerabilities that may expose organizations to serious threats like unauthorized SSL/TLS certificate issuance and DNS spoofing [5][6] - The overwhelming number of unmanaged alerts and compliance requirements can lead to high-priority issues being overlooked, emphasizing the need for automation in compliance assessments [4] Group 3: Compliance and Regulatory Needs - Akamai DNS Posture Management automates adherence to critical security frameworks such as NIST, PCI DSS, and HIPAA, helping organizations reduce compliance costs while enhancing security [6] - Continuous compliance monitoring is essential to address critical gaps in DNS and certificate security hygiene [6]

Market Overview - Markets closed flat-to-up on the first trading day of June, with the Dow finishing +35 points (+0.08%), S&P 500 rising +24 points (+0.41%), and Nasdaq outperforming with +128 points (+0.67%) [1] - Small-cap Russell 2000 rose +0.19% on the day [1] Trade and Economic Indicators - Recent trade tensions were highlighted by President Trump's announcement of a +50% tariff on steel and aluminum, which impacted market sentiment [2] - Renewed interest in AI supported tech stocks, while oil companies benefited from $63 per barrel oil prices [2] Manufacturing and Construction Data - S&P final Manufacturing PMI for May showed a slight decline to 52.0, which was 30 basis points below estimates, while ISM Manufacturing came in at +48.5%, down 20 basis points from April [3] - Construction Spending for April was reported at -0.4%, which was 60 basis points below expectations of +0.2%, marking the third negative month in the first four of 2025 [4] Upcoming Economic Reports - Job Openings and Labor Turnover Survey (JOLTS) for April is expected to decrease to 7.1 million from 7.2 million [5] - Factory Orders for April are anticipated to decline by -3.3%, down from +4.3% in March, reflecting concerns related to the trade war [6] Company Earnings Reports - Dollar General is expected to report a negative -10.9% earnings per share with +3.76% revenue growth, while CrowdStrike is projected to show negative -29% earnings per share growth with +20% revenue growth [7]

Core Viewpoint - Zscaler's share price is projected to reach $360 due to positive technical price action, favorable analyst sentiment, and strong business fundamentals, indicating a breakout from a long-term trading range [1][2][5]. Group 1: Business Fundamentals - The recent breakout in Zscaler's stock price is attributed to business fundamentals catching up to valuation concerns, leading to an improved outlook for sustainable 20% growth and increasing shareholder value [2][10]. - Zscaler reported a solid fiscal Q3 2025, with revenue exceeding analyst forecasts and growth remaining above 20%, supported by accelerated gains in billings and deferred revenue [10][11]. - The company has a robust balance sheet with over $3 billion in cash and equivalents, a 21% increase in net income, and an 18% free cash flow margin [11]. Group 2: Analyst Sentiment - Analyst activity shifted positively following Zscaler's fiscal Q3 results, with a 17% increase in the consensus price target and no decreases tracked among 36 analysts [5][6]. - The consensus price target reflects a 25% increase compared to the previous year, indicating strong analyst confidence in the company's performance [6][11]. - The stock currently has a Moderate Buy rating, with a high forecast of $320 and an average forecast of $277.32 [11][15]. Group 3: Market Dynamics - The market is experiencing a recovery rally, with projections suggesting potential new all-time highs in the range of $375 to $403 [4]. - Institutional investors own 41% of Zscaler's stock and have been buying on balance throughout the year, providing a solid support base for price action [13]. - Short interest was at 9% ahead of the release, setting the stage for a potential short-covering rally [14]. Group 4: Product Development - Zscaler's new product, Z-Flex, is designed to streamline security stack adjustments for businesses, enhancing flexibility and scalability while reducing costs [9][8].

Key Takeaways ZS stock jumped 46.1% in 3 months, outpacing peers like PANW, CRWD, and CYBR. Zscaler expanded through new AI tools, key acquisitions, and deeper federal government integration.Zscaler, Inc. (ZS) shares have climbed 46% in the past three months, outperforming the Zacks Security industry’s return of 10.7%. ZS stock has also outperformed its industry peers, including CyberArk Software (CYBR) , Palo Alto Networks (PANW) and CrowdStrike (CRWD) . Shares of CyberArk, Palo Alto Networks and CrowdStr ...

Trade and Market Impact - Trade tensions are affecting market performance, with President Trump accusing China of violating tariff agreements and announcing a doubling of steel tariffs from 25% to 50% [1] - Cleveland-Cliffs (CLF) has seen a significant increase of +24% in stock price due to these developments [2] - Major indexes such as the Dow, Nasdaq, S&P 500, and Russell 2000 are experiencing declines, with the S&P 500 down -20 points [2] Labor Market Insights - The upcoming Jobs Week includes key reports such as Job Openings and Labor Turnover Survey (JOLTS), ADP private-sector payrolls, Weekly Jobless Claims, and the U.S. Employment Report [3][4] - Expectations for job gains are set at +112K for ADP and +125K for BLS, with potential narratives of labor market loosening if these figures show weakness [4] - The U.S. labor force has been underestimated, with a current unemployment rate expected to remain low at 4.2% despite recent increases [6] Company Earnings Reports - Campbell's Company (CPB) reported fiscal Q3 earnings of 73 cents per share, exceeding expectations by +12% but slightly below the previous year's quarter [7][8] - Revenues for Campbell's reached $2.48 billion, surpassing expectations by +1.55% and showing growth from $2.37 billion year-over-year [8] Economic Indicators - The S&P Manufacturing PMI is expected to remain above the key 50-level at +52.3, while ISM Manufacturing is projected to decrease to +48.5% [9] - Construction Spending for April is anticipated to show a positive change of +0.2% after a -0.5% decline in March [10]

Key Takeaways Major Indexes recorded their strongest month in May since November 2023. Five Zacks Top Rank stocks with Momentum Score A are poised to benefit from June's bullish sentiment. Improved earnings estimates and sector strength support picks like CYBR, KGC, NWG, RYAAY, and PCTY.Wall Street saw an impressive rally in May after severe volatility in the previous two months. The three major stock indexes — the Dow, the S&P 500 and the Nasdaq Composite — were up 3.9%, 6.2% and 9.6%, respectively. The ...