#Udi Mokady

[alphst]

CyberArk (CYBR) Q4 2022 Earnings Call Transcript

$CYBR Q4 2022 Earnings Call Transcript #earnings #markets #investing

CyberArk (NASDAQ: CYBR) Q4 2022 earnings call dated Feb. 09, 2023 Corporate Participants: Erica Smith — Senior Vice President of Investor Relations and ESG Udi Mokady — Chairman and Chief Executive Officer Matt Cohen — Chief Operating Officer Josh Siegel — Chief Financial Officer Analysts: Saket Kalia — Barclays Capital — Analyst Hamza Fodderwala — Morgan Stanley — Analyst Rob Owens — Piper…

[eretzyisrael]

“The Boston Israeli community is very talented and accomplished,” says Dan Trajman, president and CEO of the New England Israel Business Council. He estimates that roughly 25,000 Israelis live in the Boston area.

“Most Israelis who come to Boston are coming to study at the top universities in the area, to do research, to start a company or because they are being relocated by their company. It started in the 1960s and grew since then. There are several generations of successful Israelis, some already retired and some in their prime right now,” Trajman tells ISRAEL21c.

Israelis are active in Boston-area academia, healthcare, retail and other fields. In high-tech alone, about 250 Israeli-founded companies have set up shop here.

Read More: Israel21c

[demianblog]

Opus Security emerge de Stealth con $10 millones en fondos para Cloud SecOps y procesos de remediación

Opus Security emerge de Stealth con $10 millones en fondos para Cloud SecOps y procesos de remediación

TEL AVIV, Israel – 13 de septiembre de 2022 — Opus Seguridaduna startup de Cloud Security Orchestration and Remediation, anunció hoy USD 10 millones en fondos iniciales liderados por Empresas YL con la participación de Tiger Global y ejecutivos de seguridad de renombre y emprendedores en serie, incluidos George Kurtz, cofundador, director ejecutivo y presidente de CrowdStrike; Udi Mokady,…

[webanditnews]

Flow Security Launches Next-Gen Data Security Platform Following $10 Million Seed Round

Flow Security Launches Next-Gen Data Security Platform Following $10 Million Seed Round

First of its kind solution discovers and protects both data at rest and in motion Flow Security announced $10M in seed funding and launched the first data security platform that discovers and protects both data at rest and in motion. The funding was led by Amiti, with participation from GFC, Amdocs Ventures, and industry leaders such as CyberArk CEO Udi Mokady and Demisto CEO and co-founder…

[techminsolutions]

These companies reporting earnings next week usually beat expectations and see their stocks rise

These companies reporting earnings next week usually beat expectations and see their stocks rise

Udi Mokady, CEO of CyberArk. Adam Jeffery | CNBC Corporate America is beating Wall Street earnings expectations at a remarkable rate this quarter, and history shows that next week has several companies who can help to continue the trend. This past week saw big beats from some of the megacap tech stocks, including Apple and Amazon. Next week’s slate includes reports from many smaller software and…

[joshuajacksonlyblog]

Jim Cramer Who Said ‘Bears Sterns is Fine’ Thinks ‘Sun is Setting’ on Bitcoin

Former hedge fund manager Jim Cramer believes Bitcoin is most likely dead. Cramer’s pronouncement comes at a difficult period for Bitcoin and the cryptocurrency market. The top-ranked virtual currency has flirted with the $6,000 mark, dropping below that price level several times in the past few days.

‘The Tide Has Turned’

Speaking during his show on Tuesday, the CNBC host said:

I think the tide has turned against it. I’m not saying its time has passed, but there is a notion that the sun seems to be setting.

Bitcoin bashing has resumed in full swing since the start of August as the BTC price 00 has experienced several sharp declines. Since the beginning of the year, BTC has dropped almost 60 percent.

The reticence of the U.S. SEC to approve a BTC ETF seems to have deflated retail investor confidence in the market. Even the emergence of some positive developments in the institutional front, as well as the currency crisis in Turkey, has failed to spark a spike in cryptocurrency prices.

However, Cramer’s setting sun analogy is demonstrably inaccurate given the nascent nature of the market. All signs point to a Bitcoin ETF likely being approved in early 2019. Many experts agree that critical infrastructure such as custody and liquidity has to be solidified before an SEC-approved ETF can emerge.

Already, there have been some exciting developments on the custody front from cryptocurrency companies like Coinbase. Recently, Goldman Sachs revealed that they too were considering entering the cryptocurrency custodial space.

Bitcoin is the Outlaw’s Currency

Not done with the setting sun analogy, Cramer referenced comments attributed to CyberArk CEO, Udi Mokady. According to Cramer:

This thing [Bitcoin] has really become like an outlaw currency.

Cramer once more brings up the outmoded assertion that BTC is the native currency of terrorists, drug dealers, money launderers and the like. In 2017, Cramer also opined that the only reason why Bitcoin would reach the $1 million price was on the back of extortion and blackmail. According to him, people, banks, and governments alike would in the future, require BTC to pay off blackmailers and ransomware attackers.

While the scourge of cryptocurrency ransomware isn’t something to be cast aside, the amount of money involved doesn’t hold a candle to the global Bitcoin trade. The idea that an obscure pseudo-market like that could impact the cryptocurrency industry is laughable at best.

Earlier in the year, a report showed cryptocurrency accounted for a negligible percentage of money laundering cases. More recently, the U.S. Drug Enforcement Agency (DEA) revealed that only about ten percent of BTC transactions were for illegal activity. According to Special Agent Lilita Infante, a member of the DEA’s Cyber Investigative Task Force, speculative investments comprise the lion’s share of BTC transaction volume.

As a parting shot, remember that Cramer is the same person who boldly proclaimed in 2008 that Bear Stearns was fine, trading at $62 in 2008. Well, we all know what happened less than a week later. For those who don’t, JPMorgan bought the company for a paltry $2 per share six days later.

Do you agree with Cramer’s position that Bitcoin is dead? Keep the conversation going in the comment section below.

Images courtesy of CoinMarketCap.com, Shutterstock, cnbc.com

The post Jim Cramer Who Said ‘Bears Sterns is Fine’ Thinks ‘Sun is Setting’ on Bitcoin appeared first on Bitcoinist.com.

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[jacobhinkley]

Mad Money Host Jim Cramer Argues That the Tide is Turning Against Bitcoin

Jim Cramer, host of CNBC’s Mad Money, argued that Bitcoin may have reached its peak. His comments come as the cryptocurrency market dropped below $200 billion in value, with Bitcoin struggling with the $6,000 mark.

In June 2018, the former hedge fund manager said the leading virtual currency could eventually be worth $1 million one day.

Jim Cramer Expects Price of Bitcoin to Stabilize At $800-$1,000

The cryptocurrency market is signaling a risk-off sentiment as market capitalization breaks below $200 billion and reverses gains obtained in late 2017. Adding to the negative sentiment is Bitcoin’s dominance, climbing above 50%, as traders hesitate to invest in altcoins.

With Bitcoin’s market capitalization heading down to $100 billion, Cramer took the opportunity to, indirectly, retract his bullish outlook on CNBC’s “Squawk on the Street“.

“I think the tide has turned against it […] I’m not saying its time has passed but there is a notion that the sun seems to be setting.”

Days earlier, Cramer had CyberArk CEO Udi Mokady on his show “Mad Money” where they talked about the use of Bitcoin and other cryptocurrencies for criminal purposes. Mokady told Cramer that ransomware has been a driver of demand for Bitcoin.

“That’s the requirement of most of these hackers. Many companies choose to buy bitcoin in some state or fashion and pay them off.”

On another episode of “Squawk on the Street” which was recorded in June 2018, Cramer used the ransomware argument to agree with Business Insider CEO Henry Blodget’s prediction that bitcoin could go to $1 million.

“I think it could because the European banks are frantically trying to buy them so they can pay off ransomware. It’s a short-term way to be able to deal with cybersecurity. It is the way to pay off the bad guys.”

As he argued that the price of Bitcoin is unlikely to return to the highs seen in December 2017, when it reached its all-time highs at the $20,000 area, Cramer hinted that he expects the price of the virtual currency to continue its downward trajectory and stabilize between $800 and $1,000.

Cryptocurrency analyst Willy Woo does not share the bearish long-term outlook for Bitcoin as he said there is a lot of buying going on behind the fear and capitulation in the market.

The price of cryptocurrency has been under pressure in recent days as it broke key supports, namely a contracting triangle that was breached with support at $6,350 on the hourly chart of the BTC/USD pair. Above $6,050 and $6,100, the next major resistance is near the $6,200-6,280 zone. Bitcoin is trading at $6,130 at the moment of writing.

Featured image from Shutterstock.

The post Mad Money Host Jim Cramer Argues That the Tide is Turning Against Bitcoin appeared first on NewsBTC.

Mad Money Host Jim Cramer Argues That the Tide is Turning Against Bitcoin published first on https://medium.com/@smartoptions

[michaelbennettcrypto]

Mad Money Host Jim Cramer Argues That the Tide is Turning Against Bitcoin

Jim Cramer, host of CNBC’s Mad Money, argued that Bitcoin may have reached its peak. His comments come as the cryptocurrency market dropped below $200 billion in value, with Bitcoin struggling with the $6,000 mark.

In June 2018, the former hedge fund manager said the leading virtual currency could eventually be worth $1 million one day.

Jim Cramer Expects Price of Bitcoin to Stabilize At $800-$1,000

The cryptocurrency market is signaling a risk-off sentiment as market capitalization breaks below $200 billion and reverses gains obtained in late 2017. Adding to the negative sentiment is Bitcoin’s dominance, climbing above 50%, as traders hesitate to invest in altcoins.

With Bitcoin’s market capitalization heading down to $100 billion, Cramer took the opportunity to, indirectly, retract his bullish outlook on CNBC’s “Squawk on the Street“.

“I think the tide has turned against it […] I’m not saying its time has passed but there is a notion that the sun seems to be setting.”

Days earlier, Cramer had CyberArk CEO Udi Mokady on his show “Mad Money” where they talked about the use of Bitcoin and other cryptocurrencies for criminal purposes. Mokady told Cramer that ransomware has been a driver of demand for Bitcoin.

“That’s the requirement of most of these hackers. Many companies choose to buy bitcoin in some state or fashion and pay them off.”

On another episode of “Squawk on the Street” which was recorded in June 2018, Cramer used the ransomware argument to agree with Business Insider CEO Henry Blodget’s prediction that bitcoin could go to $1 million.

“I think it could because the European banks are frantically trying to buy them so they can pay off ransomware. It’s a short-term way to be able to deal with cybersecurity. It is the way to pay off the bad guys.”

As he argued that the price of Bitcoin is unlikely to return to the highs seen in December 2017, when it reached its all-time highs at the $20,000 area, Cramer hinted that he expects the price of the virtual currency to continue its downward trajectory and stabilize between $800 and $1,000.

Cryptocurrency analyst Willy Woo does not share the bearish long-term outlook for Bitcoin as he said there is a lot of buying going on behind the fear and capitulation in the market.

The price of cryptocurrency has been under pressure in recent days as it broke key supports, namely a contracting triangle that was breached with support at $6,350 on the hourly chart of the BTC/USD pair. Above $6,050 and $6,100, the next major resistance is near the $6,200-6,280 zone. Bitcoin is trading at $6,130 at the moment of writing.

Featured image from Shutterstock.

The post Mad Money Host Jim Cramer Argues That the Tide is Turning Against Bitcoin appeared first on NewsBTC.

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[brettzjacksonblog]

Mad Money Host Jim Cramer Argues That the Tide is Turning Against Bitcoin

Jim Cramer, host of CNBC’s Mad Money, argued that Bitcoin may have reached its peak. His comments come as the cryptocurrency market dropped below $200 billion in value, with Bitcoin struggling with the $6,000 mark.

In June 2018, the former hedge fund manager said the leading virtual currency could eventually be worth $1 million one day.

Jim Cramer Expects Price of Bitcoin to Stabilize At $800-$1,000

The cryptocurrency market is signaling a risk-off sentiment as market capitalization breaks below $200 billion and reverses gains obtained in late 2017. Adding to the negative sentiment is Bitcoin’s dominance, climbing above 50%, as traders hesitate to invest in altcoins.

With Bitcoin’s market capitalization heading down to $100 billion, Cramer took the opportunity to, indirectly, retract his bullish outlook on CNBC’s “Squawk on the Street“.

“I think the tide has turned against it […] I’m not saying its time has passed but there is a notion that the sun seems to be setting.”

Days earlier, Cramer had CyberArk CEO Udi Mokady on his show “Mad Money” where they talked about the use of Bitcoin and other cryptocurrencies for criminal purposes. Mokady told Cramer that ransomware has been a driver of demand for Bitcoin.

“That’s the requirement of most of these hackers. Many companies choose to buy bitcoin in some state or fashion and pay them off.”

On another episode of “Squawk on the Street” which was recorded in June 2018, Cramer used the ransomware argument to agree with Business Insider CEO Henry Blodget’s prediction that bitcoin could go to $1 million.

“I think it could because the European banks are frantically trying to buy them so they can pay off ransomware. It’s a short-term way to be able to deal with cybersecurity. It is the way to pay off the bad guys.”

As he argued that the price of Bitcoin is unlikely to return to the highs seen in December 2017, when it reached its all-time highs at the $20,000 area, Cramer hinted that he expects the price of the virtual currency to continue its downward trajectory and stabilize between $800 and $1,000.

Cryptocurrency analyst Willy Woo does not share the bearish long-term outlook for Bitcoin as he said there is a lot of buying going on behind the fear and capitulation in the market.

The price of cryptocurrency has been under pressure in recent days as it broke key supports, namely a contracting triangle that was breached with support at $6,350 on the hourly chart of the BTC/USD pair. Above $6,050 and $6,100, the next major resistance is near the $6,200-6,280 zone. Bitcoin is trading at $6,130 at the moment of writing.

Featured image from Shutterstock.

The post Mad Money Host Jim Cramer Argues That the Tide is Turning Against Bitcoin appeared first on NewsBTC.

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[americanfreighttrucking]

Should You Be Pleased About The CEO Pay At CyberArk Software Ltd.'s (NASDAQ:CYBR)

Should You Be Pleased About The CEO Pay At CyberArk Software Ltd.'s (NASDAQ:CYBR)

Udi Mokady has been the CEO of CyberArk Software Ltd. (NASDAQ:CYBR) since 2005. This analysis aims first to contrast…

Source:: Yahoo! Trucking News

[alphst]

CyberArk (CYBR) Q2 2022 Earnings Call Transcript

$CYBR Q2 2022 Earnings Call Transcript #earnings #markets #investing

CyberArk (NASDAQ: CYBR) Q2 2022 earnings call dated Aug. 10, 2022 Corporate Participants: Erica Smith — Senior Vice President, Investor Relations & ESG Udi Mokady — Chairman & Chief Executive Officer Josh Siegel — Chief Financial Officer Analysts: Saket Kalia — Barclays — Analyst Hamza Fodderwala — Morgan Stanley — Analyst Rob Owens — Piper Sandler — Analyst Fatima Boolani — Citigroup —…

[linabrigette]

Mad Money Host Jim Cramer Argues That the Tide is Turning Against Bitcoin

Jim Cramer, host of CNBC’s Mad Money, argued that Bitcoin may have reached its peak. His comments come as the cryptocurrency market dropped below $200 billion in value, with Bitcoin struggling with the $6,000 mark.

In June 2018, the former hedge fund manager said the leading virtual currency could eventually be worth $1 million one day.

Jim Cramer Expects Price of Bitcoin to Stabilize At $800-$1,000

The cryptocurrency market is signaling a risk-off sentiment as market capitalization breaks below $200 billion and reverses gains obtained in late 2017. Adding to the negative sentiment is Bitcoin’s dominance, climbing above 50%, as traders hesitate to invest in altcoins.

With Bitcoin’s market capitalization heading down to $100 billion, Cramer took the opportunity to, indirectly, retract his bullish outlook on CNBC’s “Squawk on the Street“.

“I think the tide has turned against it […] I’m not saying its time has passed but there is a notion that the sun seems to be setting.”

Days earlier, Cramer had CyberArk CEO Udi Mokady on his show “Mad Money” where they talked about the use of Bitcoin and other cryptocurrencies for criminal purposes. Mokady told Cramer that ransomware has been a driver of demand for Bitcoin.

“That’s the requirement of most of these hackers. Many companies choose to buy bitcoin in some state or fashion and pay them off.”

On another episode of “Squawk on the Street” which was recorded in June 2018, Cramer used the ransomware argument to agree with Business Insider CEO Henry Blodget’s prediction that bitcoin could go to $1 million.

“I think it could because the European banks are frantically trying to buy them so they can pay off ransomware. It’s a short-term way to be able to deal with cybersecurity. It is the way to pay off the bad guys.”

As he argued that the price of Bitcoin is unlikely to return to the highs seen in December 2017, when it reached its all-time highs at the $20,000 area, Cramer hinted that he expects the price of the virtual currency to continue its downward trajectory and stabilize between $800 and $1,000.

Cryptocurrency analyst Willy Woo does not share the bearish long-term outlook for Bitcoin as he said there is a lot of buying going on behind the fear and capitulation in the market.

The price of cryptocurrency has been under pressure in recent days as it broke key supports, namely a contracting triangle that was breached with support at $6,350 on the hourly chart of the BTC/USD pair. Above $6,050 and $6,100, the next major resistance is near the $6,200-6,280 zone. Bitcoin is trading at $6,130 at the moment of writing.

Featured image from Shutterstock.

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The post Mad Money Host Jim Cramer Argues That the Tide is Turning Against Bitcoin appeared first on BTC News Today.

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[demianblog]

UntitledFlow Security lanza la plataforma de seguridad de datos de próxima generación luego de una ronda inicial de $ 10 millones

UntitledFlow Security lanza la plataforma de seguridad de datos de próxima generación luego de una ronda inicial de $ 10 millones

TEL AVIV, 3 de agosto de 2022 – Seguridad de flujo anunció hoy $ 10 millones en fondos iniciales y lanzó la primera plataforma de seguridad de datos que descubre y protege tanto los datos en reposo como en movimiento. La financiación estuvo a cargo de Amiti, con la participación de GFC, Amdocs Ventures y líderes de la industria como el director ejecutivo de CyberArk, Udi Mokady, y el director…

[smartwebhostingblog]

The Dead Stocks Are Coming Back - Cramer's Mad Money (8/9/18)

New Post has been published on http://nahlahussain.com/the-dead-stocks-are-coming-back-cramers-mad-money-8-9-18/

The Dead Stocks Are Coming Back - Cramer's Mad Money (8/9/18)

Stocks discussed on the in-depth session of Jim Cramer’s Mad Money TV Program, Thursday, August 9.

There are lot of ways to win in the stock market, and looking at stocks that were left for dead is one sure-shot way of winning. Thursday was one of those days where stocks that were ignored by the Street for long soared.

Viacom (NYSE:VIA) reported a great quarter after it saw a good turnaround, which was started in December 2016 by CEO Bob Bakish. Viacom, which owns film and television properties, including MTV, Nickelodeon, Comedy Central, BET, VH1 and Paramount Pictures, has been put through cost-cutting and has boosted its intellectual property wares. The company is also refurbishing the company’s balance sheet and driving sales with low-budget hits. “You know what’s the most amazing thing about this turn? So few people know that it’s happening – most people aren’t even aware that Viacom even owns this stuff,” said Cramer.

“After today, I wouldn’t be so sure CBS is the better business. However, I’d certainly rather own Viacom here than CBS. Everyone’s given up on Viacom, which means it’s got much more opportunity for upside than a stock everyone fawns over, like CBS,” added Cramer.

Century Link (NYSE:CTL) also surprised the Street with a good quarter, rising guidance, which led to the stock rallying 13%. The company had merged with Level 3 Communications, and its turnaround has been incredible.

Talking about turnarounds after being left for dead, how can Yelp (NYSE:YELP) be left behind? The company reported good earnings and beat on all counts, which led to the stock rallying 26%. It’s back in the spotlight. DowDuPont (NYSE:DWDP) also went up after its CEO, Ed Breen, purchased $2 million worth of stock.

Other stocks that were left for dead but are coming back into the spotlight are Michael Kors (NYSE:KORS), Spotify (NYSE:SPOT) and Roku (NASDAQ:ROKU).

CEO interview – Magna International (NYSE:MGA)

The stock of Magna International is down 5% for the year after the company missed in its recent quarter and cut guidance. Cramer interviewed CEO Don Walker to find out more about the quarter.

Walker said that the company had a record quarter in terms of revenue. Though it missed consensus, there were headwinds in the form of tariffs and the China joint venture. “If the tariffs stay the way they are – and who knows if anything more gets ratcheted up in China – it’s about a $60M a year hit,” he added.

There is no clarity on how much of the increased costs will be passed on to customers. “But I also think, at some point in time, NAFTA does get re-negotiated and the tariffs within NAFTA go away, because it’s bad for all three countries,” said Walker.

The company has entered into JVs with Lyft (LYFT) and Beijing Automotive Group, and it sees brighter times ahead. “I think the industry is the highest-tech industry in the world. We have lots of technology, we’re spending a lot in R&D, so I think there’s huge opportunities globally in the automotive industry,” he concluded.

World Wrestling Entertainment (NYSE:WWE)

The stock of WWE is up 250% since Cramer first recommended it in March 2017. “When you’ve got a triple, you need to take something off the table. That’s common sense. It’s portfolio management,” he said. Is it too late for investors to buy in? Cramer digs deeper to find out.

In the past few years, WWE has transformed itself from a traditional television and pay-per-view play to a direct-to-consumer colossus. Its digital properties are driving growth, and the company’s online streaming platform has made it the most followed sports brand in the world on social media.

Despite digital subscriber growth, the company has not overlooked its traditional TV roots. It extended its long-time deal with NBCUniversal subsidiary to air Monday Night Raw, and it agreed to air WWE Smackdown on Fox Sports (FOX, FOXA). “The really amazing thing with this story, though, is that WWE has both a thriving online subscription business, where people pay them directly for premium content, and they can negotiate better deals with their traditional TV partners,” added Cramer.

The company not only produces content for paid television, but also different content for YouTube and Facebook. “On the 2020 numbers, WWE’s trading at less than 25 times earnings, which seems a lot more reasonable, doesn’t it, when you’ve got a 37% long-term growth rate? WWE has caught fire here, so if you already own it from when I first recommended it, book partial profits,” Cramer concluded.

For those who do not own the stock, wait for a pullback before buying some.

CEO interview – CyberArk Software (NASDAQ:CYBR)

CyberArk reported good earnings and the stock rallied. Cramer interviewed chairman and CEO Udi Mokady to find out what lies ahead.

Mokady said the company had a good quarter in all three geographies. The new regulations in EU gave it momentum, government spending on cybersecurity in the US has increased and companies are taking cybersecurity seriously to protect their sensitive assets.

Mokady adds that cybersecurity is getting important which each day as threats from North Korea and Iran still loom. With the upcoming elections, the interference remains a top focus.

Viewer calls taken by Cramer

Mylan (NASDAQ:MYL): Cramer doesn’t like the company because it doesn’t have good margins and it did not have a good quarter either.

Boot Barn Holdings (NASDAQ:BOOT): The sales momentum and rising same-store sales are impressive.

AMC Entertainment Holdings (NYSE:AMC): Cramer did not opine on the stock, as the viewer knew more about it than he did. He said he needs to work more on the stock.

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