Palo Alto Networks (PANW) shares fell approximately 6.92% intraday, closing the prior session at $297.18 and trading near $276.62. The decline followed the company’s fiscal third-quarter earnings report released after the close on June 2, despite beating revenue and EPS estimates and raising full-year guidance.

GitLab reported Q1 fiscal 2027 revenue of $264.16 million, exceeding consensus estimates of $254.23 million. Non-GAAP earnings per share came in at $0.23, beating analyst expectations of $0.20 by $0.03.

Total revenue reached $3.0 billion, up 31% year over year, including contributions from recent acquisitions. Next-Generation Security ARR grew 60% year over year to $8.1 billion, boosted by $1.6 billion from CyberArk and Chronosphere.

Swarmer, Inc. completed its Nasdaq IPO in March 2026, raising $17.3 million to support growth in drone autonomy software.

CrowdStrike is set to report fiscal first quarter 2027 results on June 3, 2026, after market close. Analysts expect continued double-digit revenue growth driven by subscription and annual recurring revenue (ARR) expansion.

GitLab is scheduled to report first quarter fiscal 2027 results on June 2, 2026, after market close. Analysts expect revenue of approximately $254 million, reflecting continued double-digit growth.

Palo Alto Networks is set to report fiscal third quarter 2026 results on June 2, 2026, after market close. Analysts expect continued revenue growth driven by cybersecurity demand and the recent CyberArk acquisition.

Palo Alto Networks (PANW) stock rose approximately 55% over the last 30 days, driven by strong market momentum in the cybersecurity sector. Over the past quarter, the stock advanced around 88%, reflecting sustained positive investor sentiment and broader technology sector trends.

Oracle Corporation (ORCL) stock rose approximately +38% over the past 30 days, driven primarily by strong cloud revenue growth and AI infrastructure demand. Over the past quarter, the stock advanced significantly amid sustained investor interest in its AI and cloud initiatives.

S is falling approximately 15% in Friday's premarket session on May 29, 2026, representing one of the sharpest single-session declines the stock has seen in recent quarters. The primary catalyst is a soft Q2 fiscal 2027 revenue guidance of $289–$291 million, falling short of analyst consensus expectations — a top-line guidance miss that overshadowed an otherwise solid quarterly report.

Okta reported total revenue of $765 million for Q1 fiscal 2027, an 11% year-over-year increase and above consensus estimates of approximately $752 million. Adjusted earnings per share came in at $0.91, beating analyst expectations of around $0.74 to $0.85.

NetApp reported record Q4 fiscal 2026 net revenues of $1.948 billion, up 12% year-over-year. Non-GAAP earnings per share reached $2.43, exceeding consensus estimates and rising 26% from the prior year.

MongoDB reported first quarter fiscal 2027 revenue of $687.6 million, up 25% year-over-year and above consensus estimates. Atlas revenue grew more than 29% year-over-year, continuing its strong momentum in the cloud database segment.

Shares of Synopsys, Inc. are declining approximately 7% in today's session, falling from a prior close of $534.38 to trade near $497, as an earnings-driven sell-the-news reaction takes hold. The primary catalyst is a classic beat-and-raise paradox: Synopsys reported Q2 fiscal 2026 non-GAAP EPS of $3.35 — well above the $3.15–$3.17 consensus — and revenue of $2.276 billion, up 42% year-over-year, yet the stock is selling off.

NetApp is scheduled to report fourth quarter and full fiscal year 2026 results after market close on May 28, 2026. Analysts expect continued revenue growth and EPS expansion driven by demand for hybrid cloud and all-flash storage solutions.

MongoDB is scheduled to report first quarter fiscal 2027 results after market close on May 28, 2026. Company guidance calls for revenue between $659 million and $664 million.

Core Scientific completed a $3.3 billion senior secured notes offering to fund AI colocation expansion. The company reported improved Q1 2026 adjusted EBITDA of $4.4 million, reversing a prior-year loss.

Shares of ZS are down approximately 24% in trading on May 27, 2026, representing one of the steepest single-session declines in the company's history as a public company. The primary catalyst is a dramatic, unexpected cut to Zscaler's full-year fiscal 2026 free cash flow margin guidance, slashed to 22.8%–23.3% from prior guidance of 26.5%–27%, a reduction of roughly 350–425 basis points.

Revenue rose 25% year-over-year to $850.5 million for the third quarter of fiscal 2026 ended April 30, 2026. Annual recurring revenue (ARR) grew 25% to $3.525 billion, with net new ARR of $166 million during the quarter.

Synopsys is scheduled to report second quarter fiscal 2026 results after market close on May 27, 2026. Analysts project earnings per share of approximately $2.98 for the quarter.