Club stock Palo Alto Networks dropped Thursday evening on a strong quarter and a solid full-year outlook that were not good enough to satisfy investors’ lofty expectations. Revenue for the cybersecurity company’s fiscal 2025 second quarter increased 14% year over year to $2.26 billion, exceeding the LSEG-complied Wall Street consensus estimate of $2.24 billion. Adjusted earnings per share (EPS) increased …
Read More »China”s DeepSeek AI Moves the Capital of Tech from Palo Alto to Hangzhou, by Mike Whitney
In a matter of days, the news of China’s AI sensation, DeepSeek R1, has gone from a gentle breeze to a Force 5 hurricane. It’s clear now that no one in Silicon Valley or Washington DC had the slightest idea that their world was about to be turned upside-down by an innovative new product that would shift the geopolitical plates …
Read More »Hackers exploit DoS flaw to disable Palo Alto Networks firewalls
Palo Alto Networks is warning that hackers are exploiting the CVE-2024-3393 denial of service vulnerability to disable firewall protections by forcing it to reboot. Leveraging the security issue repeatedly, however, causes the device to enter maintenance mode and manual intervention is required to restore it to normal operations. “A Denial of Service vulnerability in the DNS Security feature of Palo Alto …
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