Sunnyvale-based CrowdStrike tops targets in record cybersecurity IPO

CrowdStrike Holdings Inc. shares rocket to record highs Friday, having traded for less than a month as the cloud-based cybersecurity company wows analysts with an outlook that forecast strong growth......»»

CrowdStrike was founded in 2011 by executives formerly at the helm of cybersecurity firm McAfee. CrowdStrike, a Sunnyvale, Calif.-based cybersecurity firm, has raised $200 million in new funding at a valuation exceeding $3 bi.....»»

CrowdStrike Holdings Inc. tops Wall Street estimates for quarterly results and outlook late Thursday and the cybersecurity company’s stock flipped between gains and losses in the extended session......»»

CrowdStrike Holdings Inc. shares fall in the extended session Thursday after the cybersecurity company posts quarterly results that tops Wall Street results but doesn’t provide as aggressive an outlook as it had last quarter......»»

Oracle Corp. shares are on track for a record-high close after the database giant shows signs of long-awaited growth in cloud-based services and analysts respond by boosting price targets on the stock......»»

Grocery Outlet Holding Corp. got a very good price on its IPO Wednesday, beating its boosted target range in an offering that gives it an initial market cap of nearly $1.9 billion. The Emeryville-based "extreme value" grocer raised about $378 millio.....»»

Palo Alto Networks Inc. shares fall Thursday as several analysts cut their price targets as the cybersecurity company’s transition to annual cloud-based subscriptions distort billings and curb cash flow......»»

Cybersecurity company Proofpoint, Inc. said Monday that it will spend $120 million to purchase Meta Networks, a network access vendor based in Israel. Sunnyvale-based Proofpoint said the deal, expected to close in the second quarter of this year,.....»»

With just 41 employees, Sunnyvale-based cybersecurity firm Awake Security is still in its start-up stage yet continues to make strides toward establishing its company culture. Office manager Lina Saleski talks about how the company complements its .....»»

Zscaler Inc. rocketed to a record closing price of $60.57 on Friday after its second quarter results and outlook came in better than analysts expected on Thursday.  The San Jose cloud-based cybersecurity company's stock jumped by 22 percent, rai.....»»

Palo Alto Networks Inc.’s stock surges to close at an all-time high with nearly half of analysts hiking price targets after the cybersecurity company crushes it on their quarterly results late Tuesday and rolls out a new automated security product......»»

(Reuters) - Credit card issuer American Express Co easily topped Wall Street targets for quarterly profit as record investments in card rewards and a strengthening U.S. economy contributed to higher customer spending......»»

SVMK Inc., more commonly known as SurveyMonkey, raised $180 million in an IPO on Tuesday night that topped its price targets and sold more shares than expected. The San Mateo-based online survey business sold 15 million shares at $12 each. It was ex.....»»

Inventions abound. IBM earned a record 9,100 U.S. patents in 2018, marking the 26th year in a row the Armonk, New York-based c.....»»

Palo Alto Networks Inc.’s stock surges with nearly half of analysts hiking price targets after the cybersecurity company crushes it on their quarterly results late Tuesday and rolls out a new automated security product......»»

The supersonic bomber is designed to take out sea- and ground-based targets using guided missiles and aerial bombs. .....»»

Shares of Pieris Pharmaceuticals Inc. rocketed 57.3% on massive volume in afternoon trading Tuesday, after the Boston-based biotechnology company announced a respiratory and ophthalmology collaboration with Roche Holding AG's .....»»

Taiwan-based IC design houses are poised to post strong sales results for May with many of them set to generate record-high revenues, according to industry sources......»»

Trusval Technology has disclosed that customer orders it holds on hand are already at record-high levels, buoyed by robust demand from its chipmaking customers looking to spend more this year on capacity expansions, according to the Taiwan-based company......»»

Taiwan-based Global Mixed-mode Technology (GMT), a supplier of analog and power management (PWM) ICs, expects to see its second-quarter revenue grow up to 10% sequentially to a record high......»»