Gen Digital Surges as Earnings Beat Ends M&A Speculation
Gen Digital reportedly beat earnings expectations and rejected speculation that it would pursue an acquisition, while cybersecurity demand benefits from the AI boom.
By Mariapaula GonzalezCybersecurity has long been a well-established winner of the artificial-intelligence boom. As anxieties over AI safety and vulnerabilities have mounted, cybersecurity providers have been cashing in.Gen Digital, recently the subject of acquisition buzz as a potential buyer, rel…