A fund associated with Palo Alto Networks holds Tencent as one of its top five investments.
1 report, 1 independent
Updated Aug 12
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What happened
A fund associated with Palo Alto Networks holds Tencent as one of its top five investments.
Who's involved
What this event is mainly aboutKeep exploring
The entities involved
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Palo Alto Networks
cyber-security company
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Tencent
Chinese multinational investment holding conglomerate
Nothing else this week.
Related events
- Cybersecurity stocks, including CrowdStrike and Palo Alto Networks, experienced selling pressure on September 2nd, despite general tech sector gains.
- Tencent reports 83.79% of company revenue and is developing domestic alternatives to U.S. suppliers.
- Palo Alto Networks saw revenue contribution from CyberArk, while analysts raised price targets amid robust cybersecurity demand.