Palo Alto, Fortinet down after reports China orders halt on US, Israeli cybersecurity softwares

Fortinet

14/01/2026 11:28

** Shares of Palo Alto Networks PANW.O down 2.8% at $185.52 premarket, Fortinet FTNT.O down 2.8% at $76.15

** Reuters reports that Beijing orders Chinese firms to stop using cybersecurity software made by about a dozen U.S., Israeli firms over national security concerns

** Broadcom-owned VMware AVGO.O and Check Point Software CHKP.O also among affected vendors

** Authorities express concerns that foreign software could collect and transmit sensitive data abroad

** China's internet regulator, the Cyberspace Administration of China, and the Ministry of Industry and Information Technology hasn't responded to Reuters requests for comment

** The four companies also didn't reply to Reuters queries

** Notice issued in recent days as China accelerates push to replace Western tech with domestic alternatives amidst heightened trade and diplomatic tensions with the U.S.

** PANW up 13.7% and FTNT down 16.5% over the past year

 (Reporting by Tharuniyaa Lakshmi in Bengaluru)

 ((tharuniyaa@thomsonreuters.com))