Cloudflare, Palo Alto Networks and Zscaler tumble as Microsoft expands in cybersecurity
Publishing timestamp: 2023-07-12 16:49:33
Summary
Microsoft has introduced new products under the Secure Service Edge umbrella, which could impact smaller cybersecurity companies like Cloudflare, Palo Alto Networks, and Zscaler. The new products are in the preview stage, but could contribute to Microsoft's goal of making security a top category. Analysts have mixed opinions on the potential impact on the market.
Sentiment: MIXED
Tickers: PANW, FTNT, ZS, NET, MSFT, CHKP,
Keywords: zscaler inc, check point software technologies ltd, technology, palo alto networks inc, breaking news: technology, microsoft corp, enterprise, palo alto, fortinet inc, business, cloudflare inc, business news,