Do u know Fortinet sells firewalls, the physical boxes that sit in a company’s network and inspect what goes in and out. It also sells the subscriptions that keep those boxes updated against new attacks

Then Fortinet reported. On 29 October, it fell 20.1%, from US$174.08 to US$139.10, and about US$26 billion of market value went with it. CrowdStrike fell 2.1% that day and Palo Alto 3.5%, so this was about Fortinet, not the sector.

The trigger looks absurdly small. Fortinet cut the midpoint of its full-year service revenue forecast by US$40 million, from US$5.20 billion to US$5.16 billion. That is 0.8%. In the same release, it raised its total revenue forecast by US$70 million and its billings forecast by US$193 million.

You still remember In April, Anthropic said its Mythos model had found thousands of serious software flaws, including some in every major operating system and web browser, and that it would not release the model to the public.

finally , As wrote in August, what first looked like a threat to cybersecurity companies became their best sales pitch. By 30 October, CrowdStrike was up 111% this year, Palo Alto Networks 98% and Okta 139%