On this episode of Stock Movers:
- Palo Alto Networks (PANW) shares are lower as it agreed to buy CyberArk Software Ltd. in a cash-and-stock deal valuing the Israeli cybersecurity company at about $25 billion. The companies said the value implies a 26% premium to CyberArk shares on a volume weighted average over 10 days before the Wall Street Journal reported on the acquisition talks.
- Coinbase (COIN) shares are moving on news JPMorgan and Coinbase signed an agreement to directly link customers' bank accounts to their cryptocurrency wallets. The deal establishes a direct connection between Chase bank accounts and Coinbase crypto wallets, expected to go live next year, and allows customers to fund Coinbase accounts with their Chase credit cards.
- Microsoft (MSFT) shares are on the move ahead of earnings. Bloomberg Intelligence writes: Microsoft's critical software portfolio and AI sales "could offset weakness due to rising economic uncertainty in other business areas, such as non-AI cloud spending, advertising and seat growth in Office."

On this episode of Stock Movers: - Palo Alto Networks (PANW) shares are lower as it agreed to buy CyberArk Software Ltd. in a cash-and-stock deal valuing the Israeli cybersecurity company at about $25 billion. The companies said the value implies a 26% premium to CyberArk shares on a volume weighted average over 10 days before the Wall Street Journal reported on the acquisition talks. - Coinbase (COIN) shares are moving on news JPMorgan and Coinbase signed an agreement to directly link customers' bank accounts to their cryptocurrency wallets. The deal establishes a direct connection between Chase bank accounts and Coinbase crypto wallets, expected to go live next year, and allows customers to fund Coinbase accounts with their Chase credit cards. - Microsoft (MSFT) shares are on the move ahead of earnings. Bloomberg Intelligence writes: Microsoft's critical software portfolio and AI sales "could offset weakness due to rising economic uncertainty in other business areas, such as non-AI cloud spending, advertising and seat growth in Office."

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Listen for five-minute conversations on today's biggest winners and losers in the stock market. Subscribe for analysis on the companies making news on Wall Street.

Listen for news on today's biggest winners and losers in the stock market.

Stock Movers

Palo Alto Deal; Coinbase-JPM; Microsoft Preview

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/6626ac8d-8cea-43c6-ae74-b32a00d94f83/transcript

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