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Palo Alto Networks, Z-scaler, and Cloudflare

are feeling the heat after Microsoft enters the cybersecurity market.

Medalist is suspending its dividend and X-A-I is born.

Here's what's making headlines today.

Palo Alto networks fell more than 7% on Wednesday, this happening after Microsoft announced its entry into the cyber security

market. Morgan Stanley analyst Hamza Fratawala said the secure service edge offering is potentially the largest and last major

cyber security market that Microsoft has yet to enter.

Fadirwala went on to say that Microsoft's offerings of Microsoft Intra Internet access and Intra private access

puts it squarely against companies like Palo Alto Networks, Z-Scaler, and Cloud Flair. Wednesday, Z-S fell 6.6 percent and net lost ground by nearly 5.5 percent.

UBS analyst Roger Boyd added that Microsoft's broad exposure with roughly 1 million

security customers gives the company an advantage in becoming the market leader

downmarket where neither Z-S or P.A.N.W. have significant exposure today.

However, Boyd said companies with small and medium sized business exposure such as

Cisco and Cloudflare have greater near-term risk for

Microsoft's move.

Medalist diversified Reit said on Wednesday that it was suspending dividends on its

its outstanding common stock and preferred stock for at least the next six months.

Pre-market medalist is down more than 2%. The company said it had concluded its review of strategic alternatives and had decided to sell its interest in four properties from its portfolio.

It was also exploring mergers, investments, or other strategic combinations.

Medalists said that it had started discussions with an external manager as to an internalization

...