"Six months ago, cybersecurity stocks were doomed because AI was going to protect every one of us and we were all out of a job, right? And suddenly, we're hiring more people. AI is not taking jobs away...We officially declare the SaaS-Pocalypse for cybersecurity dead."
-Palo Alto Networks CEO Nikesh Arora, on an earnings call last night. Shares in Palo Alto have nearly doubled since April.
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June 03, 2026 07:19 ET (11:19 GMT)
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