Palo Alto Networks pops
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On Waverley Street, Palo Alto, in March 2023, a 1,371-square-foot home was sold for $6,000,000, a price per square foot of $4,376. The home has 3 bedrooms and 1 bathroom.
Palo Alto Networks CEO Nikesh Arora talked about growth in security, enterprise browsers and more as adoption of cloud and AI positions the cybersecurity vendor well.
After watching retail vacancies spike on University and California avenues during the pandemic, Palo Alto officials are now seeing some signs that business is starting to pick up in the city's two prime shopping districts.
In the years since buying his first home there, Zuckerberg has purchased 10 others in an apparent bid to create a kind of property buffer.
Palo Alto Networks forecast fiscal 2026 revenue and profit above analysts' estimates on Monday, betting on growing demand for its artificial intelligence-powered cybersecurity solutions, sending its shares up 5% in extended trading.
Palo Alto Networks Inc. jumped on a stronger-than-expected annual forecast, as the company seeks to provide customers with a bundle of AI-enabled cybersecurity products to fend off attacks.
The stock market presented a mixed picture on Friday, with the S&P 500 and the Dow Jones Industrial Average indices closing lower.