Thursday's ETF Movers: SILJ, HACK
Performance of Amplify Cybersecurity ETF: The Amplify Cybersecurity ETF is underperforming, down approximately 3% in Thursday afternoon trading, with notable declines in shares of Fortinet (down 24.8%) and Zscaler (down 4.7%).
Market Commentary: The views expressed in the article are those of the author and do not necessarily reflect the opinions of Nasdaq, Inc.
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Zscaler to Release Q3 FY2026 Earnings on May 26, 2026
- Earnings Release Schedule: Zscaler will release its Q3 FY2026 earnings after market close on May 26, 2026, which is expected to provide critical financial data for assessing the company's performance.
- Investor Conference Call: The company will host an investor conference call on the same day at 1:30 p.m. PT (4:30 p.m. ET) to discuss the earnings results, enhancing communication with investors.
- Webcast Access: Investors can access the live webcast of the earnings call through the 'Events & Presentations' section on Zscaler's website, ensuring transparency and attracting more investor participation.
- Global Security Leadership: As a global leader in zero trust security, Zscaler leverages its Zero Trust Exchange™ platform across over 160 data centers to continuously protect users and data while driving digital transformation, showcasing strong market competitiveness.
AI and Quantum Tech Reshape Cybersecurity Landscape
- Surging Market Demand: As AI and quantum technologies rapidly evolve, the cybersecurity sector is expected to see a significant increase in demand for trusted security partners, creating substantial market opportunities for companies like Zscaler and CrowdStrike.
- Navigating Short-term Challenges: While Zscaler and CrowdStrike face near-term market fluctuations, they are striving to maintain their competitive edge through innovative technologies and strategic partnerships in a highly competitive landscape.
- Long-term Growth Potential: The long-term strategic positioning of both companies in the cybersecurity domain, particularly in the application of AI and quantum computing, is set to provide robust momentum for future business growth, attracting increased investor interest.
- Innovation-Driven Technology: Zscaler and CrowdStrike are actively exploring the integration of new technologies to enhance the security and efficiency of their products, thereby maintaining a competitive advantage in the ever-evolving landscape of cyber threats.
ISHARES TECH-SOFTWARE SECTOR ETF REACHES THREE-MONTH PEAK, INCREASING BY 2.9%
- Sector Performance: The tech-software sector has seen a significant increase, with the ETF hitting a three-month high.
- Percentage Growth: The sector is up by 2.9% over the last three months, indicating positive momentum in the market.
Oracle Rises 6.1%, Microsoft Increases by 1.3%, Adobe Gains 1.8%
Oracle's Performance: Oracle's stock increased by 6.1%, indicating strong market performance.
Microsoft's Growth: Microsoft saw a modest rise of 1.3% in its stock value.
Adobe's Increase: Adobe's stock also experienced an uptick, rising by 1.8%.
Overall Market Trends: The increases in stock prices for these major tech companies reflect positive trends in the technology sector.
Salesforce Rises 3.1%, Atlassian Increases 5.9%, Zscaler Gains 3.3%, Datadog Climbs 3.6%, Intuit Advances 4.2%, ServiceNow Grows 4.3%
Sales Growth: Various companies reported sales growth, with Salesforce up 3.1%, Atlassian up 5.9%, and Zscaler up 3.3%.
DataDog and Intuit Performance: DataDog saw a 3.6% increase in sales, while Intuit experienced a 4.2% rise.
ServiceNow Growth: ServiceNow reported a sales increase of 4.3%, contributing to the overall positive trend in the tech sector.
Overall Market Trends: The reported growth rates indicate a general upward trend in sales across multiple technology companies.
U.S. Software Stocks Rise in Morning Trading
U.S. Software Stocks: U.S. software stocks have shown significant advancements, reflecting positive trends in the tech sector.
Morning Trade Insights: The morning trading session has highlighted key movements and shifts in the software market, indicating investor confidence.
Zscaler to Release Q3 FY2026 Earnings on May 26, 2026
- Earnings Release Schedule: Zscaler will release its Q3 FY2026 earnings after market close on May 26, 2026, which is expected to provide critical financial data for assessing the company's performance.
- Investor Conference Call: The company will host an investor conference call on the same day at 1:30 p.m. PT (4:30 p.m. ET) to discuss the earnings results, enhancing communication with investors.
- Webcast Access: Investors can access the live webcast of the earnings call through the 'Events & Presentations' section on Zscaler's website, ensuring transparency and attracting more investor participation.
- Global Security Leadership: As a global leader in zero trust security, Zscaler leverages its Zero Trust Exchange™ platform across over 160 data centers to continuously protect users and data while driving digital transformation, showcasing strong market competitiveness.
AI and Quantum Tech Reshape Cybersecurity Landscape
- Surging Market Demand: As AI and quantum technologies rapidly evolve, the cybersecurity sector is expected to see a significant increase in demand for trusted security partners, creating substantial market opportunities for companies like Zscaler and CrowdStrike.
- Navigating Short-term Challenges: While Zscaler and CrowdStrike face near-term market fluctuations, they are striving to maintain their competitive edge through innovative technologies and strategic partnerships in a highly competitive landscape.
- Long-term Growth Potential: The long-term strategic positioning of both companies in the cybersecurity domain, particularly in the application of AI and quantum computing, is set to provide robust momentum for future business growth, attracting increased investor interest.
- Innovation-Driven Technology: Zscaler and CrowdStrike are actively exploring the integration of new technologies to enhance the security and efficiency of their products, thereby maintaining a competitive advantage in the ever-evolving landscape of cyber threats.
ISHARES TECH-SOFTWARE SECTOR ETF REACHES THREE-MONTH PEAK, INCREASING BY 2.9%
- Sector Performance: The tech-software sector has seen a significant increase, with the ETF hitting a three-month high.
- Percentage Growth: The sector is up by 2.9% over the last three months, indicating positive momentum in the market.
Oracle Rises 6.1%, Microsoft Increases by 1.3%, Adobe Gains 1.8%
Oracle's Performance: Oracle's stock increased by 6.1%, indicating strong market performance.
Microsoft's Growth: Microsoft saw a modest rise of 1.3% in its stock value.
Adobe's Increase: Adobe's stock also experienced an uptick, rising by 1.8%.
Overall Market Trends: The increases in stock prices for these major tech companies reflect positive trends in the technology sector.
Salesforce Rises 3.1%, Atlassian Increases 5.9%, Zscaler Gains 3.3%, Datadog Climbs 3.6%, Intuit Advances 4.2%, ServiceNow Grows 4.3%
Sales Growth: Various companies reported sales growth, with Salesforce up 3.1%, Atlassian up 5.9%, and Zscaler up 3.3%.
DataDog and Intuit Performance: DataDog saw a 3.6% increase in sales, while Intuit experienced a 4.2% rise.
ServiceNow Growth: ServiceNow reported a sales increase of 4.3%, contributing to the overall positive trend in the tech sector.
Overall Market Trends: The reported growth rates indicate a general upward trend in sales across multiple technology companies.
U.S. Software Stocks Rise in Morning Trading
U.S. Software Stocks: U.S. software stocks have shown significant advancements, reflecting positive trends in the tech sector.
Morning Trade Insights: The morning trading session has highlighted key movements and shifts in the software market, indicating investor confidence.
