Palo Alto Networks stock has lost 14% of its peak value since inking a deal to acquire CyberArk for $25 billion, according to https://www.cnbc.com/2025/07/30/palo-alto-networks-cyberark-deal.htm l" aria-label="CNBC">https://www.cnbc.com/2025/07/30/palo-alto-networks-cyberark-deal.htm l">CNBC.

I wonder whether this deal is a strategic response to Google’s https://blog.google/inside-google/company-announcements/google-agreement-acquire-wiz /" aria-label="$32 billion acquisition of Wiz">$32 billion acquisition of Wiz, a cloud security services provider, which criticized Palo Alto for its tendency to acquire, rather than build, new cybersecurity service