PANW Acquiring CYBR for $25B, SOFI $1.5B Public Offering, STX Sells Off
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Wednesday morning saw big moves across various sectors. Sam Vadas starts with Palo Alto Networks (PANW) and its $25 billion acquisition of CyberArk Software (CYBR). She talks about the "consolidation story" it shows in the cybersecurity space. Sam also notes SoFi Technologies' (SOFI) $1.5 billion public offering after it tapped 4-year highs following earnings. She later discusses earnings beats from Humana (HUM) and Seagate (STX), the latter of which sold off despite the strong report. ======== Schwab Network ======== Empowering every investor and trader, every market day. Subscribe to the Market Minute newsletter - https://schwabnetwork.com/subscribe Download the iOS app - https://apps.apple.com/us/app/schwab-network/id1460719185 Download the Amazon Fire Tv App - https://www.amazon.com/TD-Ameritrade-Network/dp/B07KRD76C7 Watch on Sling - https://watch.sling.com/1/asset/191928615bd8d47686f94682aefaa007/watch Watch on Vizio - https://www.vizio.com/en/watchfreeplus-explore Watch on DistroTV - https://www.distro.tv/live/schwab-network/ Follow us on X – https://twitter.com/schwabnetwork Follow us on Facebook – https://www.facebook.com/schwabnetwork Follow us on LinkedIn - https://www.linkedin.com/company/schwab-network/ About Schwab Network - https://schwabnetwork.com/about #panw #sofi #stx #economy #finance #investing #marketnews #stock #stockmarket #trading #live #schwabnetwork #paloaltonetworks #cyberark #cybr #cybersecurity #ai #artificialintelligence #fintech #studentloans #loans #lending #mergersandacquisitions
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