Shares of digital advertising technology company PubMatic (NASDAQ:PUBM) jumped 13.4% in the afternoon session after the company reported fourth-quarter results that sailed past Wall Street's expectations and provided an optimistic forecast for the upcoming quarter.
Shares of interactive software platform Unity (NYSE:U) fell 7.7% in the afternoon session after a broader market sell-off was triggered by a worse-than-expected inflation report. The slide happened as major U.S. stock indexes, including the Dow, the S&P 500, and the Nasdaq, all declined by more than one percent. The negative sentiment swept across markets after a key wholesale inflation report showed that prices remained stubbornly high, sparking concerns among investors. Tech stocks were particularly affected by the downturn, contributing to the negative pressure on the broader market.
Shares of cloud security platform Zscaler (NASDAQ:ZS) fell 14.9% in the afternoon session after the company reported mixed fourth quarter results. Sales and earnings per share came in ahead of expectations during the quarter.
Shares of social media management platform Sprout Social (NASDAQ:SPT) fell 12.6% in the afternoon session after Canaccord downgraded the stock and sharply cut its price target, citing concerns over the company's recent financial results.
Shares of search AI platform provider Elastic (NYSE:ESTC) fell 15.7% in the afternoon session after the company reported fourth-quarter results that topped Wall Street estimates for revenue and profit, but its outlook for a key growth metric disappointed investors.
The final week of February 2026 has sent a tremor through the technology sector, as a sudden wave of volatility wiped billions in market capitalization from premier software-as-a-service (SaaS) companies. Investors, once enamored by the steady growth and high margins of cloud monitoring and cybersecurity, are now grappling with a
In the high-stakes world of cybersecurity, "beating the street" is often not enough to satisfy the hunger of modern investors. This was the harsh reality facing Zscaler (NASDAQ: ZS) yesterday, February 26, 2026, as the cloud security pioneer reported a blistering second-quarter earnings beat, only to see its stock plummet between 6% and 11% in [...]
Stephanie Link, chief investment strategist at Hightower Advisors, chooses Truist Financial (TFC) as her final trade, supported by Morgan Stanley's upgrade. Rob Sechan picks Netflix (NFLX), Joshua Brown recommends Joby Aviation (JOBY), and Malcolm Ethridge selects Zscaler (ZS) ahead of quarterly earnings.
Cloud security platform Zscaler (NASDAQ:ZS) reported Q4 CY2025 results topping the market’s revenue expectations, with sales up 25.9% year on year to $815.8 million. The company expects next quarter’s revenue to be around $835 million, close to analysts’ estimates. Its non-GAAP profit of $1.01 per share was 12.6% above analysts’ consensus estimates.
A number of stocks jumped in the afternoon session after Nvidia CEO Jensen Huang dismissed fears that artificial intelligence would cannibalize the enterprise software sector.
A number of stocks jumped in the afternoon session after Nvidia CEO Jensen Huang dismissed fears that artificial intelligence would cannibalize the enterprise software sector.
A number of stocks jumped in the afternoon session after Nvidia CEO Jensen Huang dismissed fears that artificial intelligence would cannibalize the enterprise software sector.
A number of stocks jumped in the afternoon session after Nvidia CEO Jensen Huang dismissed fears that artificial intelligence would cannibalize the enterprise software sector.
A number of stocks jumped in the afternoon session after Nvidia CEO Jensen Huang dismissed fears that artificial intelligence would cannibalize the enterprise software sector.
A number of stocks jumped in the afternoon session after Nvidia CEO Jensen Huang dismissed fears that artificial intelligence would cannibalize the enterprise software sector.
A number of stocks jumped in the afternoon session after Nvidia CEO Jensen Huang dismissed fears that artificial intelligence would cannibalize the enterprise software sector.
A number of stocks jumped in the afternoon session after Nvidia CEO Jensen Huang dismissed fears that artificial intelligence would cannibalize the enterprise software sector.
