Palo Alto Networks Shares Decline Amid AI Impact on Software Stocks

Palo Alto Networks' shares dropped 8% as its CEO defended the cybersecurity firm's position amidst the impact of AI on software stocks, following the company's significant investments in AI and recent acquisitions.

18 Feb, 14:37 — 18 Feb, 14:37

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cnbcMostly Factual194d ago

Palo Alto shares sink 8%, CEO defends cybersecurity's position as AI hits software stocks

Palo Alto has bet big on AI in recent months and launched an aggressive acquisition spree that included buying CyberArk for $25 billion.

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Palo Alto Networks Shares Decline Amid AI Impact on Software Stocks

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Palo Alto shares sink 8%, CEO defends cybersecurity's position as AI hits software stocks

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