Recently, Check Point Software Technologies Ltd. and Wiz announced the global rollout of their integrated cloud security solution, uniting Check Point's cloud network security with Wiz's Cloud-Native Application Protection Platform (CNAPP). This partnership aims to enhance cloud security by providing enterprises with real-time visibility and AI-powered prevention capabilities. Designed to address the increasing complexity of cloud environments, the solution focuses on proactive threat prevention, visibility, and reducing false positives. The collaboration marks a significant advancement in cloud security by automating risk assessment and remediation processes, highlighting the evolving importance of AI in safeguarding digital environments.
- Check Point Software Technologies (NasdaqGS:CHKP) last closed at $205.80 up 0.6%.
Elsewhere in the market, Sandisk (NasdaqGS:SNDK) was a standout up 16.9% and ending the day at $113.50, hovering around its 52-week high. This week, Sandisk announced a strategic alliance with Kioxia to commence operations at a new semiconductor facility in Japan, aimed at producing advanced 3D flash memory for AI-driven storage demand. In the meantime, DCI Indonesia (IDX:DCII) softened, down 5.5% to close at IDR274,400.00.
Best Cloud AI Stocks
- Microsoft (NasdaqGS:MSFT) settled at $514.60 up 0.6%.
- Apple (NasdaqGS:AAPL) settled at $254.43 down 0.4%, close to the 52-week high.
- Alphabet (NasdaqGS:GOOGL) ended the day at $244.05 down 1%, near its 52-week high.
Where To Now?
- Explore the 157 names, such as Zscaler, Nokia Oyj and CCC Intelligent Solutions Holdings, from our Cloud AI Stocks screener here.
- Want Some Alternatives? Trump has pledged to "unleash" American oil and gas and these 22 US stocks have developments that are poised to benefit.
This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
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