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Cybercrime is on track to cause $10.5 trillion worth of damage to the global economy in 2025, according to Cybersecurity Ventures. More businesses are operating online than ever before, which leaves them vulnerable to attackers who can strike at any time of the day, and from anywhere in the world. Zscaler ( ZS 3.10% ) is a leader in zero-trust cybersecurity, and it has observed a whopping 111% increase in spyware attacks over the past year alone. It's a dangerous type of software that infects computers and steals sensitive data like financial information or the credentials of important employees, and Zscaler can help prevent the fallout. Zscaler stock is down 44% from its all-time high, which was set during the tech frenzy in 2021, but that hasn't deterred Wall Street. Here's why investors might want to follow their lead. A leader in zero trust cybersecurity Technologies like cloud computing allowed businesses to tap into a global customer base and hire employees from a global pool of talent. Both of those things are great, but they also come with risks. Managers now have to monitor workers who might be in an entirely different country, so they can't physically see them accessing company networks or sensitive data. As a result, there is no way to know whether a remote worker is making a genuine sign-on attempt, or if their credentials were stolen. Traditional cybersecurity software can't protect against such threats, so that's where Zscaler's Zero-Trust Exchange platform comes in. It starts by treating every login attempt as hostile, analyzing not only the person's username and password, but also their location and the device they are using, to make sure it's really them. Moreover, Zscaler only connects the employee to the digital applications required for their job. Therefore, even if a malicious actor breaches the identity layer, they can't access the organization's entire network or compromise sensitive data. Artificial intelligence (AI) plays a key role on Zscaler's platforms, because it allows tasks like identity verification to be completed in seconds. However, the company is also expanding its product portfolio to include protection for companies using AI . With Zscaler, organizations can securely deploy AI copilots, chatbots, and virtual assistants with confidence thanks to new tools that restrict their access to sensitive information and prevent data leaks. Overall, Zscaler stops more than 9 billion security violations a day. That's an impressive number, but it's also frightening because it highlights how frequently organizations are at risk. Strong revenue growth and improving profitability Zscaler generated a record $628 million in revenue during its fiscal 2025 first quarter (which ended Oct. 31). It was a 26% increase from the year-ago period, and it was also comfortably above management's forecast of $605 million. The strong result prompted management to increase revenue guidance for the fiscal 2025 full year. It now expects to deliver $2.63 billion (at the midpoint of the guidance range), up from the $2.61 billion forecast three months earlier. Zscaler also made progress on the bottom line thanks to its strong revenue growth combined with careful expense management. The company still lost $12 million on a generally accepted accounting principles ( GAAP ) basis, but that was a 64% reduction from the $33.5 million net loss it delivered in the same quarter last year. On a non-GAAP (adjusted) basis, which excludes one-off and noncash expenses like stock-based compensation , Zscaler actually generated a profit of $124.6 million. That was a 43% jump from the year-ago quarter. Zscaler is trying to balance growth and profitability to build a more sustainable business for the long term. It's a big shift from the growth-at-all-costs strategy it adopted a few years ago, which is part of the reason its stock is down from its 2021 record high. But the company still has the potential to deliver steady returns for investors. Wall Street is bullish on Zscaler stock The Wall Street Journal tracks 45 analysts who cover Zscaler stock, and 26 have given it the highest possible buy rating. Four more are in the overweight (bullish) camp, while 15 recommend holding. Not a single analyst recommends selling. The analysts have a consensus price target of $224.47, which implies an upside of 9% over the next 12 to 18 months from where Zscaler stock currently trades. However, the Street-high target of $270 suggests the stock could climb by 31%. Over the longer term, I think Zscaler could perform even better for two key reasons. First, the stock trades at a price-to-sales (P/S) ratio of 13.6, which is significantly below its average of 26.9 dating back to when the company went public in 2018. ZS PS Ratio data by YCharts Zscaler stock would have to nearly double just to move in line with that average. I'm not suggesting it will happen, because a P/S ratio of 26.9 would make Zscaler even more expensive than CrowdStrike , which is one of the most popular cybersecurity vendors in the world because of its all-in-one Falcon platform. With that said, it's clear there is room for upside in Zscaler's valuation. The second reason I think Zscaler stock could eventually move higher than Wall Street's price targets is because of the company's addressable market, which it values at $96 billion across Zero Trust, data protection, and AI solutions. Based on the company's current revenue, it has barely scratched the surface of that opportunity. Cybercrime is on track to cause a record amount of damage next year, so cybersecurity spending is likely to continue trending higher. As a result, Zscaler stock might be a great buy right now especially considering its current valuation.
WASHINGTON — Donald Trump threatened the United States's closest neighbours with big tariffs this week, in a move that has reminded many of the unpredictable tactics the president-elect deployed during his first tenure in the White House. Trump said Monday he would use an executive order to impose 25 per cent tariffs on all goods coming from Canada and Mexico until the two countries stop drugs and migrants from illegally crossing the U.S. border. The announcement, made on Truth Social, brought swift responses from officials and industry in both countries who are bracing for chaos during Trump's second tenure. He has long used the threat of import taxes to pressure other countries to do his bidding, saying this summer that "the most beautiful word in the dictionary is 'tariff.'" It's unlikely the move would violate the Canada-U.S.-Mexico Agreement, which was negotiated during the first Trump administration. Laura Dawson, an expert on Canada-U. S. relations and the executive director of the Future Borders Coalition, said the president can impose tariffs under his national security powers. This type of duty has a time limit and can only be made permanent through Congressional approval, but for Trump, national security powers are like a "get out of jail free card," Dawson said. "This is exactly what happened in the last Trump administration," Dawson said. "Everyone said, 'Well, that is ridiculous. Canada is the U.S.'s best security partner. What do you mean our steel and aluminum imports are somehow a source of insecurity?'" But within the global trade system, she said, no country challenges another's right to define their own national security imperatives. Trump's first administration demonstrated how vulnerable Canada is to America's whims when the former president scrapped the North American Free Trade Agreement. The U.S. is Canada's closest neighbour and largest trading partner. More than 77 per cent of Canadian exports go to the U.S. Negotiation of CUSMA, commonly dubbed "the new NAFTA," was a key test for Ottawa following Trump's first victory. The trilateral agreement is up for review in 2026 and experts suspect this week's tariff announcement is a negotiating tactic. Scott Bessent, Trump's pick for treasury secretary, said in a recent op-ed that tariffs are "a useful tool for achieving the president's foreign policy objectives." "Whether it is getting allies to spend more on their own defence, opening foreign markets to U.S. exports, securing co-operation on ending illegal immigration and interdicting fentanyl trafficking, or deterring military aggression, tariffs can play a central role." During the initial CUSMA negotiations in 2018, Trump floated the idea of a 25 per cent tariff on the Canadian auto sector — something that would have been crippling for the industry on both sides of the border. It was never implemented. At the time, he did use his national security powers to impose a 25 per cent tariff on steel and 10 per cent tariff on aluminum imports, casting fear of an all-out trade war that would threaten the global economy. The day after announcing those levies, Trump posted on social media "trade wars are good, and easy to win." Former U.S. trade representative Robert Lighthizer recounted in his book that the duties sent an "unmistakable signal that business as usual was over." "The Trump administration was willing to ruffle diplomatic feathers to advance its trade agenda." It led to a legendary clash between Prime Minister Justin Trudeau and Trump at the G7 in Quebec. Trudeau said Canada would impose retaliatory measures, saying the argument that tariffs on steel and aluminum were a matter of national security was "kind of insulting." Trump took to social media, where, in a flurry of posts he called Trudeau "very dishonest and weak." Canada and other countries brought their own duties against the U.S. in response. They targeted products for political, rather than economic, reasons. Canada hit yogurt with a 10 per cent duty. Most of the product impacted came from one plant in Wisconsin, the home state of then-Republican House Speaker Paul Ryan. The European Union, Mexico and Canada all targeted U.S. whiskey products with tariffs, in a clear signal to then Republican Senate Majority Leader Mitch McConnell and his home state of Kentucky’s bourbon industry. Ultimately, Canada and Mexico were able to negotiate exemptions. Carlo Dade, the director of trade and trade infrastructure at the Canada West Foundation, said Trump is returning to the White House with more experience and a plan. But he suspects Americans will not like the blow to their bank accounts. Trump’s new across-the-board tariff strategy would not only disrupt global supply chains, it would also cause a major shakeup to the American economy. It's unclear if Trump will go through with them, or for how long, after campaigning on making life more affordable and increasing the energy market. "I think it will be short-term," Dade said. "The U.S. can only inflict damage on itself for so long." This report by The Canadian Press was first published Nov. 26, 2024. — With files from The Associated Press Kelly Geraldine Malone, The Canadian PressHoliday gift ideas for the movie lover, from bios and books to a status tote
Ex-Maharashtra minister Rajesh Tope loses to Shiv Sena nominee from Maratha stronghold in JalnaIn case you missed the bulls with respect to Ripple (XRP), Dogecoin (DOGE), and Cardano (ADA), stay calm as new opportunities soon come your way. While XRP has been reinventing the edges of cross-border payments, DOGE has overjoyed the meme coin community, and ADA benefits from the scaling and eco-friendly systems. These coins have already made their mark. For investors looking for big opportunities, Rexas Finance (RXS) and Polygon (POL) have proven exceptionally lucrative. What Captivates Investors About Ripple, Dogecoin, And Cardano? There is no denying that Ripple (XRP) has created an edge in the market for cross-border payments powered by blockchain technology. Its recent impressive performance was demonstrated due to its partial regulatory clarity. Nevertheless, system monopolization and litigation battles/obstacles are long-term factors that can harm its worth. Becoming a meme and now a serious currency, Dogecoin has adopted social approaches with community surges over it and notably increased utility around merchant acceptances, including but not limited to merchant acceptances. Even so, speculation makes sense because this bull has limits in terms of growing on a long-term scale. Cardano (ADA) also has great fundamentals like the proof-of-stake consensus system and a focus on scale. As for its moderate growth rate, other newer tokens, such as Rexas Finance, are comparatively in the infant stage of their soaring up. Rexas Finance (RXS): the next level of Tokenization Rexas Finance is taking the world of Real-World Asset (RWA) Tokenization by storm and turning investment in high-value assets such as real estate or fine arts pieces from the privileged few to a wider audience. Its ecosystem utilizes the power of blockchain technology to allow more people access to assets that are otherwise limited in availability, illiquid, and impervious to the traditional finance industry. This ERC-20 token has a maximum supply of one billion units, which includes 42.5% for presale, 22.5% for staking, and the rest for marketing, team, and partnerships. The presale is at the ninth stage and has raised $22,620,155 so far. Rexas Finance (RXS), through its QuickMint Bot for easy tokenization and Rexas Treasury for multi-chain yield optimization enabled by artificial intelligence, has made it possible to adopt a new form of asset. Currently in its presale stage 9, at the rate of $0.125, it declares at least a 6x return when it reaches the $0.20 listing price. By switching public presales for venture capital funding, Rexas Finance allows retail investor participation in this financial revolution. Polygon (POL): Surges in Price After Redeployment of Major dApps Polygon (POL) is a Layer-2 protocol that helps scale the Ethereum blockchain. Hence, the transaction speed increases, costs decrease, and dApps are utilized more maximally. Polygon is significant in constructing new markets thanks to expansion, demonetization, and decentralization. POL Tokenomics: Market Capital : $1.40 Billion Circulating Supply: POL has a total supply limit of 10 Billion, with 1.97 billion in circulation. POL's tokenomics favors slow capital appreciation, provided the future growth outlook for polygon materializes. The value of POL is estimated to be around $5 within a 10-year time frame, with the market cap hovering stealthily around $60 billion. Nonetheless, based on protocol adoption models, extra incentivization from the treasury would be required to guarantee attractive earnings for validators for the first five years. This is expected to result in spending $170 million on rewards to secure the network and keep it operational. Polygon stands out because of the triple convergence that it has been able to rally. Why RXS is the Smarter Pick Massive Upside Potential: RXS is a growth asset, unlike XRP and ADA, which have matured. RXS provides solutions to real-world issues in the finance space while expanding access to high-value assets. Affordability: RXS's presale price of $0.125 makes it very appealing to new and experienced investors. Conclusion Despite their growing popularity, Ripple (XRP), Dogecoin (DOGE), and Cardano (ADA) are now being challenged by new projects such as Rexas Finance (RXS), as more and more people are being attracted to their unique concepts and ecosystems which are designed with accessibility in mind. So don't wait to buy into the RXS presale or look into POL before the average market does. This is the future of the next wave of successful cryptocurrencies. Website: https://rexas.com Win $1 Million Giveaway: https://bit.ly/Rexas1M Whitepaper: https://rexas.com/rexas-whitepaper.pdf Twitter/X: https://x.com/rexasfinance Telegram: https://t.me/rexasfinance Join our WhatsApp Channel to get the latest news, exclusives and videos on WhatsApp _____________ Disclaimer: Analytics Insight does not provide financial advice or guidance. Also note that the cryptocurrencies mentioned/listed on the website could potentially be scams, i.e. designed to induce you to invest financial resources that may be lost forever and not be recoverable once investments are made. You are responsible for conducting your own research (DYOR) before making any investments. Read more here.THE MOJ: It's Thanksgiving down south, and the Canucks aren't looking free and clear
The Conservative government left the courts in financial limbo until June because it failed to settle their funding, the most senior judge in England and Wales has told MPs. Baroness Sue Carr, the lady chief justice, told Parliament's Justice Committee the criminal courts were in a "drastic" state and the previous government had repeatedly failed to offer funds in time for each new financial year. She said the new Labour government’s decision to financially peg back how much work judges could do meant some courts would be out of use, despite record backlogs. She predicted that those cuts would save no money and were "distressing" for victims and everyone else involved in the system. Baroness Carr’s comments on the state of the courts come as the system struggles with record backlogs of around 68,000 open cases in the Crown Courts. Those backlogs have been caused by a combination of complex factors, including the pandemic, but have their roots in a decision to cap justice spending before then. Speaking to MPs on the cross-party committee, Baroness Carr said the outgoing Conservative government had repeatedly failed to offer funding in time and had not made an offer for the 2024-25 financial year, which began in April, until June. "The offer wasn't made until June, and agreement was not reached until June," she said. "The latest it has been agreed, I think, is possibly July, even August. "In the last six years, so far as I'm aware, the concordat agreement has never been reached before the year itself starts." Baroness Carr said that while there were enough judges available to sit on cases for 113,000 days a year, the new government had pegged funding for them 6,500 days below that ceiling. "The decision to limit us to 106,500 has, frankly, had a drastic effect across the board," she said. "Judges have had to take fixed cases out of their lists. They've all had to cancel bookings [of part-time judges]." Baroness Carr said the cases being removed from the schedule includes serious violence and sexual offences - and some of these could not be heard before 2027. "The cases that are being taken out of the lists are cases that were ready to be heard before next April, so cases with judges, staff, courts, advocates, witnesses and complainants available," she said. "Their removals are accompanied by long delays, sometimes years. This has been a most distressing time for witnesses, for police, CPS, advocates, court staff and judges alike." Giving three examples of cuts from south-west England, she told the MPs that Bristol Crown Court had removed "hundreds" of cases from its schedule because it was having to close 40% of its courtrooms a week due to a lack of funds. In Taunton, there would only be 60 court days available between January and March 2025 to run trials that needed 265 days. Truro’s crown court would be shutting one day a week. "This is not about saving anything," she said. "It is not about saving money. You are deferring the cost - and indeed you are increasing it. "You are increasing it because inflation will mean everything costs more. "You are increasing it because barristers and the Crown Prosecution Service are going to have to redo the work they had done to be ready for trial, because the case will be stale. "And that is not even to touch upon the acute social cost... particularly where [sexual offences] complainants simply don't feel able to have confidence in the system anymore and walk away."Jubilation and gunfire as Syrians celebrate the end of the Assad family's half-century rule
PNC Financial Services Group Inc. boosted its stake in Tyler Technologies, Inc. ( NYSE:TYL – Free Report ) by 10.6% in the third quarter, Holdings Channel reports. The fund owned 10,369 shares of the technology company’s stock after buying an additional 993 shares during the quarter. PNC Financial Services Group Inc.’s holdings in Tyler Technologies were worth $6,053,000 as of its most recent SEC filing. Several other large investors also recently bought and sold shares of TYL. Independence Bank of Kentucky purchased a new position in shares of Tyler Technologies in the second quarter valued at $25,000. Ashton Thomas Securities LLC acquired a new position in Tyler Technologies in the 3rd quarter worth $27,000. Covestor Ltd lifted its holdings in Tyler Technologies by 153.6% in the 1st quarter. Covestor Ltd now owns 71 shares of the technology company’s stock worth $30,000 after buying an additional 43 shares in the last quarter. Blue Trust Inc. boosted its position in Tyler Technologies by 329.4% in the 2nd quarter. Blue Trust Inc. now owns 73 shares of the technology company’s stock valued at $37,000 after buying an additional 56 shares during the last quarter. Finally, Lynx Investment Advisory acquired a new stake in shares of Tyler Technologies during the second quarter valued at about $38,000. Institutional investors and hedge funds own 93.30% of the company’s stock. Insider Activity In other Tyler Technologies news, Director Glenn A. Carter sold 3,350 shares of the firm’s stock in a transaction that occurred on Thursday, September 5th. The shares were sold at an average price of $582.57, for a total value of $1,951,609.50. Following the sale, the director now owns 2,654 shares in the company, valued at approximately $1,546,140.78. This trade represents a 55.80 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link . Also, CFO Brian K. Miller sold 2,500 shares of Tyler Technologies stock in a transaction that occurred on Thursday, August 29th. The shares were sold at an average price of $586.97, for a total value of $1,467,425.00. Following the sale, the chief financial officer now directly owns 11,950 shares in the company, valued at approximately $7,014,291.50. This trade represents a 17.30 % decrease in their position. The disclosure for this sale can be found here . Over the last quarter, insiders sold 27,600 shares of company stock valued at $16,412,595. 2.20% of the stock is currently owned by company insiders. Tyler Technologies Stock Performance Tyler Technologies ( NYSE:TYL – Get Free Report ) last released its quarterly earnings data on Wednesday, October 23rd. The technology company reported $2.52 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.43 by $0.09. The business had revenue of $543.34 million during the quarter, compared to analyst estimates of $547.34 million. Tyler Technologies had a return on equity of 9.79% and a net margin of 11.39%. The business’s revenue for the quarter was up 9.8% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $1.66 EPS. As a group, analysts anticipate that Tyler Technologies, Inc. will post 7.36 EPS for the current year. Analyst Upgrades and Downgrades TYL has been the subject of a number of analyst reports. Robert W. Baird increased their price target on Tyler Technologies from $625.00 to $700.00 and gave the company an “outperform” rating in a report on Friday, October 25th. Piper Sandler increased their target price on Tyler Technologies from $625.00 to $701.00 and gave the company an “overweight” rating in a research note on Friday, October 25th. StockNews.com lowered shares of Tyler Technologies from a “buy” rating to a “hold” rating in a research note on Wednesday. Truist Financial reissued a “buy” rating and set a $685.00 price objective (up from $600.00) on shares of Tyler Technologies in a report on Friday, October 25th. Finally, JMP Securities boosted their target price on shares of Tyler Technologies from $580.00 to $700.00 and gave the stock a “market outperform” rating in a research report on Friday, October 25th. Three equities research analysts have rated the stock with a hold rating and twelve have assigned a buy rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $642.62. Check Out Our Latest Research Report on Tyler Technologies About Tyler Technologies ( Free Report ) Tyler Technologies, Inc provides integrated information management solutions and services for the public sector. It operates in two segments, Enterprise Software and Platform Technologies. The company offers platform and transformative technology solutions, including cybersecurity for government agencies; data and insights solutions; digital solutions that helps workers and policymakers to share, communicate, and leverage data; payments solutions, such as billing, presentment, merchant onboarding, collections, reconciliation, and disbursements; platform technologies, an application development platform that enables government workers to build solutions and applications; and outdoor recreation solutions, including campsite reservations, activity registrations, licensing sales and renewals, and real-time data for conservation and park management. Read More Want to see what other hedge funds are holding TYL? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Tyler Technologies, Inc. ( NYSE:TYL – Free Report ). Receive News & Ratings for Tyler Technologies Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Tyler Technologies and related companies with MarketBeat.com's FREE daily email newsletter .When nations try to dethrone God, hell happensHC dismisses plea for removal of alleged defamatory videos
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