Palo Alto Networks shares fell 6.09% to $358.84 on Tuesday as rising bond yields and oil prices weighed on software stocks ahead of the cybersecurity company’s fourth-quarter results. The 10-year Treasury yield reached 4.80%, its highest level since January 2025, while the 30-year yield climbed to 5.25%. Brent crude rose more than 4% and WTI nearly 3% after Iran’s president said Tehran would respond if the United States upholds a temporary agreement signed in June. Wall Street expects Palo Alto to report fourth-quarter revenue of $3.35 billion and earnings of 98 cents per share, compared with $2.54 billion and 95 cents a year earlier. The company has exceeded revenue expectations for 11 consecutive quarters and profit targets in eight of its past 10 quarters. Its third-quarter revenue reached $3 billion, meaning a result at the expected level would establish a new record. Palo Alto’s prior-quarter revenue rose 31% year over year to $3 billion for the period ended April 30, helped by $388 million from its acquisitions of CyberArk and Chronosphere. Adjusted net income was $684 million, or 85 cents per diluted share, while adjusted free cash flow reached $910 million and the trailing 12-month adjusted free cash flow margin rose to 38.5%.