'We view [the move] as a clear buying opportunity, given our bullish view of the tech sector set up into 2022,' said Wedbush's Dan Ives.

Cloud spending is expected to touch $1 trillion over the next decade as remote work-related communication rises.

Check out the latest news and performance numbers from the top technology stocks, including Microsoft, PayPal, Shopify, and more.

TheStreet's weekly guide to upgrades, downgrades, price-target changes and initiations of coverage includes Wynn Resorts, Apple, Honeywell and Chevron.

Jim Cramer shares stock-market news, including Okta and its plans to take on CyberArk and SailPoint, the impact of chip shortage on Apple and Constellation Brands.

Baird says CyberArk's commitment to its privileged account management (PAM) business is the right move in this climate.

'The attack highlights a massive TAM [total addressable market] for cyber security,' says Wedbush analyst Daniel Ives.

The hack, which impacted many U.S. companies and government agencies, is expected to drive an uptick in IT security spending.

Netflix's earnings report didn't curb investor enthusiasm for high-growth companies seen as winners in the current environment.

"We believe we have plenty of room on price value," Disney CEO Bob Chapek said of the group's streaming price hikes. "And we do not believe that there's going to be any meaningful on our churn as a result."

The theme park giant has been trying to make changes and that has caused some issues for its guests.

The pizza giant goes someplace pizza fans may not want to follow but Domino's, Pizza Hit, and Little Caesars don't sell this.