Core Insights - CrowdStrike reported Q3 EPS of 96 cents, exceeding the estimate of 94 cents, and Q3 revenue of $1.23 billion, surpassing the estimate of $1.21 billion [1] - For Q4, the company expects adjusted EPS between 109 to 111 cents, above the estimate of 108 cents, and revenue guidance of $1.29 to $1.3 billion, in line with the estimate of $1.29 billion [1][2] - Full-year revenue outlook is now projected between $4.8 billion to $4.81 billion, an increase from the previous range of $4.75 billion to $4.81 billion [2] Financial Performance - Net new Annual Recurring Revenue (ARR) grew by 23%, accelerating from 20% in the previous quarter [3] - Overall, the financial results were solid, with both revenue and ARR beating expectations [4] Market Position and Competitive Advantage - CrowdStrike is viewed as well-positioned in the cybersecurity market, especially with increasing concerns about AI's impact on software [5][6] - The company differentiates itself through its unique cloud-native architecture, high retention rates, and low churn, which enhances its ability to upsell modules [9] - Primary competitors include Palo Alto and Microsoft, with the competitive landscape expected to evolve as security and observability converge [8] AI Integration and Future Growth - CrowdStrike is leveraging AI to enhance its capabilities, particularly in addressing emerging threats that adversaries may also utilize AI to exploit [11] - The company is seen as a potential beneficiary of the AI revolution, with expectations that its growth potential is underestimated [10] Risks and Challenges - Competition remains a concern, particularly with the focus on consolidation among vendors [12] - Past outages have raised awareness of the interconnected nature of cybersecurity systems, although CrowdStrike is believed to have learned from these experiences [14]

Market Overview - Major indices experienced gains, with the Dow up 184 points (0.4%), NASDAQ slightly higher, and S&P 500 up 0.25% [3][4] - Tech sector led the day with a 1% increase, followed by industrials and communication services, while energy sector was the worst performer, down 1.25% [4][5] Company Highlights - Apple achieved its seventh consecutive day of gains, rising 7% over the past 10 days, with six of those days marking all-time closing highs [6] - Boeing stock surged approximately 10% in a single day, contributing to industrial sector gains [7] - Airlines also performed well, with United Airlines up 3%, Southwest up nearly 2%, and Delta Airlines up 1.5% [8] CrowdStrike Earnings - CrowdStrike reported Q3 EPS of $0.96, beating estimates of $0.94, and revenue of $1.23 billion, exceeding the $1.21 billion estimate [26][27] - Q4 guidance for adjusted EPS is projected between $1.09 and $1.11, with revenue expected between $1.29 billion and $1.3 billion [27] - Net new ARR grew 23%, accelerating from 20% in the previous quarter, indicating strong performance [29] Marvel Earnings - Marvel reported Q3 EPS of $0.76, slightly above the estimate of $0.74, and revenue of $2.075 billion, beating the midpoint of guidance by $15 million [41][42] - The company announced the acquisition of Celestial AI for $3.25 billion, which initially caused shares to drop over 6% [43][44] Investment Strategy Insights - Market performance is seen as a reassessment of concentrated positions rather than a broad risk-off trade, with investors looking towards 2026 [10][12] - Valuations for several mega-cap tech companies are near five-year lows despite accelerating earnings, presenting potential investment opportunities [13][14] - Global diversification is recommended, with a focus on developed and emerging markets, particularly in sectors like AI and technology [19][20]

Core Viewpoint - Check Point Software Technologies Ltd. plans to offer $1.5 billion of 0.00% Convertible Senior Notes due 2030 in a private offering to qualified institutional buyers, with an option for initial purchasers to buy an additional $225 million [1][2]. Group 1: Offering Details - The final terms of the Notes, including the initial conversion price, will be determined at the time of pricing [2]. - The Notes will be senior, unsecured obligations and will mature on December 15, 2030, unless repurchased, redeemed, or converted earlier [2]. - The Notes will not bear regular interest, and the principal amount will not accrete [2]. Group 2: Conversion and Redemption - Holders can convert the Notes under certain conditions before September 16, 2030, and at any time thereafter until two trading days before maturity [2]. - Check Point may redeem the Notes under specific conditions, including tax-related events and if the last reported sale price of its shares meets certain thresholds [3][4]. Group 3: Use of Proceeds - The net proceeds from the offering will be used to pay for capped call transactions and to repurchase ordinary shares, potentially up to $225 million [5]. - Remaining proceeds may be allocated for general corporate purposes, including mergers and acquisitions, business development, and product development [5]. Group 4: Capped Call Transactions - Check Point plans to enter into capped call transactions to cover the number of ordinary shares underlying the Notes, which will help reduce potential dilution upon conversion [6][7]. - The capped call transactions are expected to offset cash payments required in excess of the principal amount of the converted Notes [7]. Group 5: Regulatory and Market Considerations - The Notes will be offered only to qualified institutional buyers under Rule 144A, and the offering has not been registered under the Securities Act [9]. - The press release does not constitute an offer to sell or solicit offers to buy the Notes in jurisdictions where such actions would be unlawful [10].

We're back on [music] Morning Trade Live. Crowd Strike will be in focus after the close today when the company reports earnings this afternoon. Analysts are expecting adjusted EPS to come in at 94 cents for the quarter on revenue just above $1.2% billion.Shares are up more than 45% this year. Let's go inside out on Crowd Strike ahead of earnings. Joining us now is Nathaniel Bradley, the CEO of Datava AI.Thanks so much for your time, Nathaniel. talk us through what your expectations are for Crowd Strike's ea ...

For more on the AI trade, Redb Bush's Dan Ives joins us here on set. He just released his 2026 outlook forecasting 20% upside for the tech sector next year. When we say tech sector, define it.All of the NASDAQ mag 7 names. What are you seeing. >> I think big tech.If I think about like big tech and the AI trade, that's probably going to be up anywhere from, you know, 20 to 25%. But I think it's really the AI revolution stocks. what I view as sort of the winners up 20% in a minimum.Look, it's my view this is ...

Time now for Options Corner. Joining us now to take a deeper look at this chart is Rick Dukat, lead market technician here on Schwab Network. All right, this has been an outperformer year today compared to the S&P 500.What trends do you notice, Rick. >> Yes, two pretty solid price target hikes here and as you said, uh up 47% or so during the past year versus the S&P up about 13% also strongly outperforming the overall tech sector. But when you look at the other cyber security companies as well, Crowdstrike ...

Core Viewpoint - Oracle has experienced a significant decline in stock value, down 22% month-to-date, raising concerns about its credit and future financial commitments [1][2][5]. Company Analysis - Morgan Stanley has reiterated that risks for Oracle's credit are skewed to the downside, suggesting that the issues affecting Oracle are persistent and not likely to resolve soon [2][3]. - The credit team at Morgan Stanley is now recommending investors to go long on Oracle's credit default swaps (CDS) while removing the buy bond leg of their previous trade strategy [3][4]. - Analysts are questioning Oracle's ability to meet its estimated $90 billion debt commitments over the next three years without reassurance from OpenAI regarding a significant $300 billion deal [6]. Market Sentiment - There has been a shift in sentiment among bondholders due to the emergence of large-scale bond deals, which provide alternative investment options, leading to increased concerns about Oracle's stock [4][5]. - The upcoming earnings call for Oracle, expected the week of December 8th, is anticipated to provide clarity on the company's financing plans and future debt commitments [5]. Industry Context - The software sector is facing challenges, with the software ETF experiencing its worst month since January 2022, influenced by the performance of several key companies, including Oracle [10]. - In contrast, other companies in the cybersecurity space, such as Zscaler, are being viewed more favorably, with significant growth reported despite the overall downturn in the software sector [12][13].

Core Insights - The article highlights a strong performance in the stock market driven by a positive jobs report, Nvidia's impressive earnings, and Walmart's raised sales outlook, indicating a resilient consumer environment [1][2][3] Stock Market Performance - Major indices are experiencing significant gains, with the Dow up over 650 points (1.4%), S&P 500 up 1.9%, and Nasdaq Composite gaining 2.5% [1] - The positive jobs report for September exceeded expectations, despite a downward revision for August, contributing to the market rally [1][2] Nvidia's Earnings - Nvidia shares rose approximately 4.5% following a strong earnings report, reaffirming its revenue forecast for its Blackwell and Reuben chip lines, projected to exceed $500 billion through 2026 [1][2] - The company addressed investor concerns regarding demand and execution, indicating confidence in future performance [2][3] Walmart's Performance - Walmart reported a 6% growth in top-line sales and an 8% increase in profits, driven by consumer demand for value and convenience [3][4] - The e-commerce segment grew by 27%, with all three business segments experiencing over 20% growth [3][4] - Walmart raised its full-year profit outlook, reflecting strong consumer behavior and market positioning [3][4] Consumer Trends - There is a noticeable disparity in spending between low-income and upper-income consumers, with Walmart gaining market share across all income cohorts [3][4] - The company is focused on providing value and convenience, which is resonating with consumers amid economic challenges [3][4] Future Outlook - Walmart plans to transition its stock listing to NASDAQ, signaling a focus on innovation and technology in its next chapter [4] - The company is preparing for the holiday season with a ramp-up in hiring, emphasizing a people-led, tech-powered approach [4][5]

Core Insights - Allot Ltd. reported a significant year-over-year growth in SECaaS Annual Recurring Revenue (ARR) of 60% and raised its full-year revenue guidance to between $100 million and $103 million [2][3][9]. Financial Performance - Total revenues for Q3 2025 reached $26.4 million, marking a 14% increase from $23.2 million in Q3 2024 [3][9]. - GAAP gross profit was $18.9 million with a gross margin of 71.4%, up from $16.4 million and a gross margin of 70.4% in the same quarter of the previous year [3][9]. - Non-GAAP gross profit was $19.1 million with a gross margin of 72.2%, compared to $16.7 million and a gross margin of 71.7% in Q3 2024 [3][9]. - GAAP operating income was $2.2 million, a turnaround from an operating loss of $0.2 million in Q3 2024 [4][9]. - Non-GAAP operating income increased to $3.7 million from $1.1 million in Q3 2024 [4][9]. - Net income on a GAAP basis was $2.8 million, or $0.07 per diluted share, compared to a net loss of $0.2 million, or a loss of $0.01 per basic share, in Q3 2024 [4][5][9]. - Non-GAAP net income was $4.6 million, or $0.1 per diluted share, compared to $1.3 million, or $0.03 per diluted share, in Q3 2024 [5][9]. Cash Flow and Financial Position - Operating cash flow for the quarter was $4.0 million [5][9]. - As of September 30, 2025, total cash and cash equivalents amounted to $81 million, an increase of $22 million from $59 million at the end of 2024 [5][9]. - The company reported no debt as of the end of Q3 2025 [5][9]. Strategic Focus - The company is advancing its cyber-security first strategy and is seeing strong performance from its cyber security and network intelligence solutions [2][3]. - Allot's SECaaS solutions are deployed globally, serving over 500 service providers and more than 1,000 enterprises [7][9].

Core Viewpoint - Palo Alto Networks reported earnings that beat expectations on both revenue and earnings per share, while also raising guidance, yet shares fell over 4% following the announcement of the acquisition of Chronosphere, indicating a potential market reaction to dilution concerns [2][3]. Financial Performance - The company achieved a positive earnings report with both top and bottom line beats, and adjusted guidance upwards, maintaining all figures within range [2]. Acquisition Strategy - The acquisition of Chronosphere, valued at approximately $3.3 billion, is part of Palo Alto's strategy to enhance its cybersecurity platform, following a previous larger acquisition of Cyber Arc valued around $30 billion [3][4]. - The company is focused on strategic acquisitions to build a comprehensive cybersecurity platform, which includes observability and identity management components [4][5]. Market Positioning - Palo Alto Networks is positioning itself as a one-stop shop in the cybersecurity space, which is crucial for maintaining competitive advantage amid intense market competition [5][6]. - The consolidation trend in the cybersecurity industry is expected to continue, with Palo Alto leveraging efficiencies from its acquisitions to enhance operational performance [6][7]. Industry Trends - The integration of AI into cybersecurity is becoming increasingly important, as companies face more sophisticated threats, making it essential for Palo Alto to continue its disciplined acquisition strategy [8][9]. - The demand for comprehensive cybersecurity solutions is rising, driven by the need for organizations to manage fragmented vendor bases effectively [10]. AI and Cybersecurity - The current landscape shows a divide in AI adoption, with larger companies benefiting significantly while smaller entities struggle, highlighting the elitist nature of AI technology [12]. - The demand for cybersecurity solutions is heightened due to increased workloads driven by AI, making it a critical focus for executives in scaling online systems [13].