CyberArk Software Stock News

NEWTON, Mass. & PETACH TIKVA, Israel--(BUSINESS WIRE)--CyberArk (NASDAQ: CYBR), the identity security company, today announced strong financial results for the second quarter ended June 30, 2024. “We had a strong quarter, posting record revenue and increasing our profitability, resulting in CyberArk again outperforming our guidance across all metrics,” said Matt Cohen, CyberArk's Chief Executiv...

The cybersecurity industry and the services it provides are nearly invisible to the average person except for when it fails. The CrowdStrike (NASDAQ: CRWD ) outage on July 19 did a fantastic job of reminding everyone of this reality, as a seemingly invisible update to Windows OS cybersecurity brought down airlines, banks, hospital systems and even emergency services.

NEWTON, Mass. & PETACH TIKVA, Israel--(BUSINESS WIRE)---- $CYBR #identitysecurity--CyberArk (NASDAQ: CYBR), the identity security company, today announced that leading travel technology company, Fareportal, has chosen the CyberArk Identity Security Platform to improve its security management, reduce risk and gain greater privileged access control and visibility. The CyberArk Identity Security P...

Dan Ives predicts a tech bull market lasting 2-3 years, driven by Generative AI and investments in enterprise space. Qualcomm's Dr. Vinesh Sukumar on its partnerships and AI ambitions.

While the cybersecurity industry has generally been a bastion of strength in the tech sector, not all stocks are created equal. Despite the rising threats that drive demand for digital protection, some companies in this space are showing signs of weakness that could lead to significant declines in their stock prices.

When it comes to cyber threats, we're sitting ducks. Our government, cities, major corporations, schools, hospitals, and even millions of individuals are still poorly prepared for more attacks.

Slice it any way you like but 2024 is set to be a record-breaking year for Wall Street favorite stocks. Fueled by the demand for AI and strong macroeconomic conditions, companies across the board are experiencing unprecedented gains.

In terms of cynical relevance, it doesn't get much better than cybersecurity growth stocks. While the digitalization ecosystem has fostered groundbreaking gains in connectivity and productivity, it also sparked worrying exposure to nefarious actions.