Previous close | 194.03 |
Open | 194.03 |
Bid | 200.56 x 900 |
Ask | 200.76 x 800 |
Day's range | 191.25 - 197.30 |
52-week range | 84.93 - 259.61 |
Volume | |
Avg. volume | 2,363,188 |
Market cap | 29.363B |
Beta (5Y monthly) | 0.84 |
PE ratio (TTM) | N/A |
EPS (TTM) | -0.96 |
Earnings date | 29 Feb 2024 |
Forward dividend & yield | N/A (N/A) |
Ex-dividend date | N/A |
1y target est | 264.04 |
Cybersecurity stocks have underperformed in 2023. But cloud security companies may be better positioned as corporate budgets tighten.
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Looking to strengthen its cloud cybersecurity services and integrate AI into its toolset, Zscaler (ZS) will be acquiring Israeli startup Avalor in a deal valued at $350 million. Zscaler Chairman and CEO Jay Chaudhry speaks with Yahoo Finance Live about the acquisition deal and the company's plans stemming from it, as well as the growing importance of providing reliable cybersecurity protections to clients. "AI is becoming more and more scary. Today, you can ask a simple question that says, 'Please, ChatGPT, show me all of my firewalls and VPNs that have vulnerabilities' — in less than 30 seconds, you get a full list," Chaudhry explains "So attacking companies is becoming easier. but we can fight AI with AI by taking all of the data we have, 400 billion logs we have. We use AI predictive and AI generative together to find some of the things that we could not find before." For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live. Editor's note: This article was written by Luke Carberry Mogan.