Netskope is trading 4.45% up now at $14.09 as weak July jobs data weakened expectations for an imminent Federal Reserve rate hike.

  • Payrolls fell by 23,000, versus expectations for an 80,000 increase.
  • Reuters reported the S&P 500 software and services index up 1.3%; strong Atlassian and Cloudflare results added sector momentum.
  • No fresh company-specific catalyst was identified on August 7, 2026.