SentinelOne (S) on Thursday reported a smaller-than-expected first-quarter loss while revenue topped Wall Street estimates amid lowered expectations. The cybersecurity firm missed on a key metric, sending SentinelOne stock down. X The company reported April-quarter earnings after the market close. SentinelOne recorded an adjusted loss of 1 cent a share vs. a 15-cent loss a […]
A number of cybersecurity companies slumped out of the gate Wednesday morning and never looked back. As of 1:35 p.m. ET, shares of Zscaler (NASDAQ: ZS) had plunged by 13.9%, SentinelOne (NYSE: S) was down 10.8%, CrowdStrike Holdings (NASDAQ: CRWD) had tumbled by 9.4%, Fortinet (NASDAQ: FTNT) was off by 4.2%, and Cloudflare (NYSE: NET) […]
Chatbot-smartphone-person Artificial intelligence (AI) was a hot investing theme in 2023 and billions of investing dollars found their way into this technology this year, leading to windfall gains for certain companies that were savvy enough to make the most of the early adoption of AI. According to Goldman Sachs, private investments in AI could hit […]