Good morning and welcome to Markets Desk, your midday read on what's moving markets right now.
Zscaler is the standout earnings story, with shares surging after the cybersecurity firm posted a beat on both revenue and guidance. CEO Jay Chaudhry called out early momentum in the company's agentic Zero Trust platform, and investors responded decisively, sending the stock sharply higher in extended trading.
Shifting to Asia, the Nikkei two twenty five snapped a four-session losing streak Friday, climbing above sixty-four thousand seven hundred fifty as technology heavyweights led the charge. The bounce came on the heels of broadly positive overnight cues from Wall Street, offering some relief after a rough stretch for Japanese equities.
And on the crypto policy front, VanEck's head of digital assets research Matthew Sigel is pushing back on concerns that a Democratic sweep in the midterms would derail Bitcoin's rally. Sigel argues the structural drivers behind Bitcoin's performance are largely independent of which party controls Washington, and that investors should stay focused on the fundamentals rather than the political noise.
That's the tape. Markets Desk, signing off the floor.
