On July 30, Palo Alto Networks rose 3.29% in pre-market trading, trading at $324.32/share, with turnover of $1.2729 million.

On the news front, AT&T announced an expanded partnership with Palo Alto Networks, jointly launching two new offerings — AT&T Dynamic Defense and AT&T SASE — integrating connectivity and security through AI-driven network visibility and threat prevention for enterprise distributed environments.

The partnership deepens Palo Alto Networks' platform strategy, which has driven the stock up over 100% in the past three months. Multiple institutions have recently raised price targets, including Morgan Stanley to $387, Citi to $400, Needham to $425, and Tigress Financial to $430, reflecting broad confidence in the company's AI security positioning. Additionally, the company recently announced plans to acquire observability platform Embrace to enhance application performance monitoring capabilities.

Within the Systems Software sector, Fortinet rose 9.31%, Microsoft rose 8.87%, and Oracle rose 0.92%, indicating broad strength in cybersecurity and software names.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)