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Stockreport

Google Cloud Strikes Nearly $10 Billion AI Security Deal With Palo Alto Networks [Yahoo! Finance]

Alphabet Inc. - Class C Capital Stock (GOOG)  More Company Research Source: Yahoo! Finance
Last alphabet inc. - class c capital stock earnings: 4/28 04:02 pm Check Earnings Report
US:NASDAQ Investor Relations: abc.xyz/investor
Networks ( PANW Financials ) in its biggest security services pact.The arrangement expands Palo Alto's work with Google Cloud to move its cybersecurity solutions and build AI-driven corporate capabilities. While neither business released financial details, a source told Reuters that the transaction is worth approaching $10 billion over many years.As corporate demand for automated threat detection rises, Palo Alto president BJ Jenkins said part of the investment would support new AI-based solutions. Google Cloud's chief sales officer, Matt Renner, said AI has increased security need.Due of generative AI risks, both organizations are focusing on AI-enabled cybersecurity. Google intends to purchase security startup Wiz for $32 billion, while Palo Alto unveiled its AI-powered product suite in October and bought Chronosphere for $3.35 billion last month.The agreement boosts Google Cloud's business security and AI infrastructure, analysts say, versus hyperscalers Amazon and Microsoft. Nikes [Read more]
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Stockreport

Google Cloud Strikes Nearly $10 Billion AI Security Deal With Palo Alto Networks [Yahoo! Finance]

Alphabet Inc. - Class C Capital Stock  (GOOG) 
More Company Research Source: Yahoo! Finance
Last alphabet inc. - class c capital stock earnings: 4/28 04:02 pm Check Earnings Report
US:NASDAQ Investor Relations: abc.xyz/investor
Networks ( PANW Financials ) in its biggest security services pact.The arrangement expands Palo Alto's work with Google Cloud to move its cybersecurity solutions and build AI-driven corporate capabilities. While neither business released financial details, a source told Reuters that the transaction is worth approaching $10 billion over many years.As corporate demand for automated threat detection rises, Palo Alto president BJ Jenkins said part of the investment would support new AI-based solutions. Google Cloud's chief sales officer, Matt Renner, said AI has increased security need.Due of generative AI risks, both organizations are focusing on AI-enabled cybersecurity. Google intends to purchase security startup Wiz for $32 billion, while Palo Alto unveiled its AI-powered product suite in October and bought Chronosphere for $3.35 billion last month.The agreement boosts Google Cloud's business security and AI infrastructure, analysts say, versus hyperscalers Amazon and Microsoft. Nikes [Read more]
IMPACT SNAPSHOT
EVENT TIME:
GOOG
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Price Change
Price Change %
Volume Shares
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Max Down
Volume Ratio
%
Don't Miss Out On The Next BIG Stock Move
Performance comparison Updated
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
LAST PRICE
VWAP
High:
MAX UP
High:
Low:
MAX DOWN
Low:
%
 POST NEWS RANGE
%
PRICE CHANGE
PRICE CHANGE PERCENTAGE
S&P 500 (SPX)
%
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%
VOLUME (SHARES)
TICKS
AVG SHARES PER TRADE
EVENT DAY
Event Day Chart will not be displayed beyond 90-day period of the event
PERFORMANCE SINCE EVENT
TIME AND VELOCITY ANALYSIS