Software stocks rebound as Anthropic announces new partnerships

Anthropic announced new AI tools that connect with Salesforce-owned Slack, Intuit, Docusign, LegalZoom, FactSet and Google's Gmail. Cybersecurity and software names have sold off heavily in recent weeks as investors fretted about potential disruption from artificial intelligence.

CNBC • 7 hours ago

Cybersecurity stocks drop for a second day as new Anthropic tool fuels AI disruption fears

Cybersecurity stocks dropped for a second day as the threat of AI to the industry loomed large with Anthropic's latest AI tool that can scan code for vulnerabilities. Investors are worried these new tools will displace software business models and many tasks handled by cybersecurity vendors.

CNBC • Feb 23, 2026

CrowdStrike, Datadog and other cybersecurity stocks slide after Anthropic's AI tool launch

Shares of cybersecurity companies including CrowdStrike and Datadog slumped on Monday, as investors weighed the potential impact of artificial intelligence startup Anthropic's new security tool on the industry.

Reuters • Feb 23, 2026

Zscaler to Report Q2 Earnings: What's in Store for the Stock?

ZS gears up for Q2 earnings with revenues seen up 23% and AI security demand in focus, but tight IT budgets and slower legacy growth loom.

Zacks Investment Research • Feb 23, 2026

Zscaler Scales Zero Trust And AI Agent Security

Zscaler (ZS) is a compelling buy, trading at a compressed multiple, despite strong growth and a robust data moat in cloud security. ZS benefits from high gross retention, rapid AI/data security expansion, and dominant positioning in AI-agent security, following recent acquisitions. Short-term margin pressure and dilution from acquisitions are outweighed by long-term operating leverage and accelerating revenue growth.

Seeking Alpha • 21 hours ago

Zscaler Q2 Earnings Preview: What To Watch And Why AI Fears Are Overblown

Zscaler Q2 Earnings Preview: What To Watch And Why AI Fears Are Overblown

Seeking Alpha • Feb 21, 2026

Zscaler's Z-Flex Adoption Surges: Will It Be a New Growth Engine?

ZS' Z-Flex bookings jumped 70% sequentially to $175M in Q1 FY26, boosting multi-year deals and revenue visibility as enterprise adoption accelerates.

Zacks Investment Research • Feb 20, 2026

Zscaler Q2 Preview: Cloudflare Is Eating Its Lunch (Rating Downgrade)

Zscaler faces mounting competitive pressures, lagging Cloudflare in RPO growth and Net Retention, while Palo Alto Networks picks up momentum with its M&A-based strategy. Despite solid revenue and customer growth, ZS's stagnant operating margin and softer forward guidance have weighed on investor sentiment. ZS trades at a forward P/E of 45, compressing to 30 by FY 2028, but market fears over share losses demand outperformance in RPO and retention.

Seeking Alpha • Feb 20, 2026

Zscaler vs. Qualys: Which Cybersecurity Stock Has the Edge?

QLYS may have the edge over ZS as steady growth, expanding VMDR traction, and a cheaper valuation outweigh Zscaler's faster growth and AI push.

Zacks Investment Research • Feb 19, 2026

Zscaler CEO: AI is powerful but dangerous

Zscaler CEO Jay Chaudhry discusses why large businesses need AI security protections

CNBC International TV • Feb 18, 2026