font size Palo Alto Networks office Dream time Palo Alto Networks The stock was on the rise in late trading Friday after an unusual weekend for the security software company Earnings report Street ratings topped. The company also scheduled a two-hour meeting with analysts on Friday afternoon to provide long-range guidance and other updates. It … Read more
font size The tie-up between Cleveland Cliffs and US Steel should raise concerns about market concentration. Jean-Christophe Verhagen/AFP via Getty Images fight for United States Steel It has already taken a number of unexpected twists and turns. Investors got another one. Thursday, mainly United Steelworkers Supported try before Cleveland Cliffs (Stock ticker: CLF) to acquire … Read more
font size Expectations are high ahead of Nvidia’s earnings on Wednesday. Dream time nvidia ‘s Next week’s second quarter earnings are highly anticipated, to say the least. Wedbush analyst Matt Bryson thinks the chipmaker will report another batch of blowout results, but said the amount of outperformance may not be significant. The analyst said he … Read more
font size Applied Materials’ fiscal third-quarter earnings beat analyst expectations. Dream time Stock futures were falling on Friday after Standard & Poor’s 500 Third consecutive losing session. Treasury yields stalled on Friday after the 10-year note closed at its highest level since 2007. These stocks were poised to make moves on Friday: Fiscal Third Quarter … Read more
font size Networking giant Cisco Systems reported fourth-quarter earnings and sales that beat analyst estimates. Gabriel Boyes/AFP via Getty Images Stock futures traded with slight gains on Thursday after Wall Street closed lower following the release of minutes from the Federal Reserve’s July meeting which indicated that officials think they may have to continue raising … Read more
font size The problem with PayPal is that consumers are returning to pandemic spending patterns with fewer online orders. Courtesy PayPal The applause for PayPaa’s new boss didn’t last long. The payment giant’s stock got a small bump when it announced this gut instinct CEO Alex Kress will take over as CEO next month. PayPal … Read more
font size Cisco CEO Chuck Robbins. Pau Parina/AFP/Getty Images Cisco Shares rose in late trading on Wednesday, after the networking giant showed signs of improvement in orders for its products. Cisco’s forecasts for the 2024 fiscal year were lower than Wall Street’s estimates, but the results of the company’s fourth fiscal quarter, which ended in … Read more
font size Johnson & Johnson took consumer health company Kenvue public in May. Mark Ralston / Getty Images Johnson and Johnson ‘s $40 billion stock exchange offer Kinfu It is likely to generate strong interest from the healthcare company’s shareholders, resulting in participants being able to swap only a portion of their J&J stock. Johnson … Read more
font size 2023 VinFast VF9. Courtesy of VinFast VinFast closed how high? Investors still relish the appetite for electric vehicle startups backed by SPACs. Just look at the amazing debut of Vietnamese electric car maker. Tuesday started life as a publicly traded company on the Nasdaq Stock Exchange after that Close Its merger with SPAC … Read more
font size Home Depot reported second-quarter earnings that beat analyst estimates. Justin Sullivan/Getty Images Stock futures fell on Tuesday as an increase in bond yields and growing concerns about the Chinese economy weighed on investor sentiment. Meanwhile, US retail sales in July rose 0.7%, above economists’ expectations. These stocks were poised to make moves on … Read more