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Check Point Software Technologies Ltd. - CHKP STOCK NEWS

Welcome to our dedicated news page for Check Point Software Technologies Ltd. (Ticker: CHKP), a resource for investors and traders seeking the latest updates and insights on Check Point Software Technologies Ltd..

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Check Point Software Technologies Ltd.'s stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Check Point Software Technologies Ltd.'s position in the market.

Rhea-AI Summary
Check Point Software Technologies (NASDAQ: CHKP) reported strong financial results for the first quarter of 2024. Total revenues were $599 million, up 6% year over year. Security subscription revenues grew by 15%. GAAP operating income was $194 million, while non-GAAP operating income reached $252 million. GAAP EPS increased by 5% to $1.60, and non-GAAP EPS rose by 13% to $2.04. The company introduced new security technologies and saw significant growth in its recurring revenue streams.
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Check Point Software Technologies announces new email security features to enhance its Harmony Email & Collaboration portfolio, providing advanced threat protection against cyber-attacks. The addition of features like unified quarantine, DMARC monitoring, archiving, and Smart Banners strengthens email security, combating phishing, malware, and BEC scams. Check Point continues to innovate with 360-degree security solutions to proactively counter sophisticated phishing tactics.
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Check Point Software Technologies will release its financial results for Q1 2024 on April 25, 2024. The company will host a video conference call with the investment community to discuss the results.
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Check Point Software Technologies collaborates with Microsoft Azure OpenAI Service to enhance Check Point Infinity AI Copilot, a generative AI service that automates security tasks by up to 90%. The partnership aims to address cyber threats and shortage of security professionals, offering advanced incident response and unified cloud-delivered protection. Check Point's innovative approach to cybersecurity is further strengthened by Microsoft's large language models, improving security effectiveness and administration resolution times.
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Check Point Software Technologies collaborates with NVIDIA to enhance AI cloud security by integrating NVIDIA BlueField DPUs. The new Check Point AI Cloud Protect solution aims to prevent threats at network and host levels, safeguarding sensitive AI workloads against cyber attacks.
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Check Point Software Technologies Ltd. (NASDAQ: CHKP) proudly announces its Check Point Infinity Platform as the #1 Zero Trust Platform in the latest Miercom assessment. The platform showcases superior security effectiveness, exceptional user experience, and industry-leading capabilities, setting a new standard for enterprises seeking robust cybersecurity solutions.
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Check Point Software Technologies Ltd. introduces Harmony SaaS, a cutting-edge solution for SaaS security, offering real-time threat prevention and attack surface reduction. The platform seamlessly integrates AI-powered technologies to protect sensitive data and assets, addressing the challenges of SaaS adoption and cyber threats.
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Check Point Harmony Email & Collaboration solidifies its leadership position in the latest Omdia Universe Email Security 2024 report, praised for exceptional strategy implementation and unmatched protection. With top marks in all categories, Check Point stands out as a leader in email security.
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Check Point Research (CPR), the Threat Intelligence arm of Check Point Software Technologies Ltd. (NASDAQ: CHKP), released its 2024 Annual Security Report, highlighting the rise in ransomware incidents and the use of AI in cyber security defenses. The report shows a 90% increase in ransomware victims, with 10% of all malware being ransomware. Key findings include the evolution of ransomware tactics, targeting of edge devices, and the escalation of state-supported hacktivism.
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Check Point® Software Technologies Ltd. introduces Check Point Quantum Force series, a groundbreaking lineup of high-performance firewalls powered by AI and cloud-based security intelligence, offering unmatched threat prevention, superior efficiency, and seamless management for businesses of all sizes.
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Check Point Software Technologies Ltd.

Nasdaq:CHKP

CHKP Rankings

CHKP Stock Data

18.26B
87.91M
22.05%
74.2%
2.72%
Software Publishers
Information
Link
Israel
5 Shlomo Kaplan Street

About CHKP

check point software technologies ltd. is the largest network cyber security vendor globally, providing industry-leading solutions and protecting customers from cyberattacks with an unmatched catch rate of malware and other types of threats. check point offers a complete security architecture defending enterprises – from networks to mobile devices – in addition to the most comprehensive and intuitive security management. check point protects over 100,000 organizations of all sizes.