Palo Alto Networks pops
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Palo Alto Networks forecast fiscal 2026 revenue and profit above analysts' estimates on Monday, betting on growing demand for its artificial intelligence-powered cybersecurity solutions, sending its shares up 5% in extended trading.
Palo Alto Networks Inc. jumped on a stronger-than-expected annual forecast, as the company seeks to provide customers with a bundle of AI-enabled cybersecurity products to fend off attacks.
On Waverley Street, Palo Alto, in March 2023, a 1,371-square-foot home was sold for $6,000,000, a price per square foot of $4,376. The home has 3 bedrooms and 1 bathroom.
Palo Alto Networks CEO Nikesh Arora talked about growth in security, enterprise browsers and more as adoption of cloud and AI positions the cybersecurity vendor well.
Palo Alto Networks posted quarterly results and issued forecasts, better than what market was expecting, sending cybersecurity company’s shares up 6% in after-hours trading.
In the years since buying his first home there, Zuckerberg has purchased 10 others in an apparent bid to create a kind of property buffer.
After watching retail vacancies spike on University and California avenues during the pandemic, Palo Alto officials are now seeing some signs that business is starting to pick up in the city's two prime shopping districts.
Q4 Highlights: Palo Alto posted fourth-quarter revenue of $2.54 billion, beating analyst estimates of $2.50 billion. The cybersecurity company reported fourth-quarter adjusted earnings of 95 cents per share, beating analyst estimates of 88 cents per share, according to Benzinga Pro.