Latest in Palo Alto Networks Full Year Guidance Disappoints; Shares Slip
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Palo Alto Networks Full-Year Guidance Disappoints; Shares Slip
Palo Alto Networks raised its outlook for the year and said revenue climbed in its fiscal first quarter fueled by further subscription growth.Tech - The Wall Street Journal - 3 days ago -
Palo Alto Networks’ beat and raise wasn’t enough for investors. Here’s what was missing.
Merely in-line expectations for cybersecurity company’s fiscal year drags on the stock.Business - MarketWatch - 3 days ago -
Palo Alto Networks beat and raise fails to wow Wall Street. But that plays into our hand
Don't sweat the drop in Palo Alto Networks stock.Business - CNBC - 3 days ago -
Why Palo Alto Networks’ stock is having its worst day in nine months
The stock is pacing S&P 500 laggards after a bearish downgrade at HSBC.Business - MarketWatch - Yesterday -
Palo Alto shares helped by contract news, Abbott Labs braces for lawsuit ruling
Every weekday, the Investing Club releases the Homestretch; an actionable afternoon update just in time for the last hour of trading.Business - CNBC - October 31 -
Microsoft dips on weak guidance after beating on earnings
Microsoft reported better-than-expected results for the fiscal first quarter as Azure topped estimates. But quarterly growth guidance was light.Business - CNBC - October 30 -
Pfizer tops earnings estimates, hikes full-year guidance as Covid products help sales
It is a critical quarterly report for Pfizer, which is grappling with activist pressure from Starboard Value.Business - CNBC - October 29 -
Peloton raises its full-year profit guidance, but expects the holiday quarter to be softer than expected
Peloton's cash flows are improving, but it's expecting to sell fewer bikes and treadmills during its holiday quarter than Wall Street expected.Business - CNBC - October 31 -
Novo Nordisk shares jump 8% after Wegovy sales beat expectations
Novo Nordisk on Wednesday reported third quarter earnings broadly in line with expectations and narrowed its 2024 full-year growth guidance.Business - CNBC - November 6 -
Intuit Maintains Full Year Guidance; CEO Says Trump Administration Won't Build Tax-Filing App
President-elect Donald Trump’s incoming administration doesn’t “want to add to the bureaucracy and they don’t want to add investments to create something…that already exists,” said Chief Executive ...Business - The Wall Street Journal - 2 days ago -
Stanley Black & Decker updates targets, plus Nvidia and Palo Alto earnings on deck
Every weekday, the Investing Club releases the Homestretch; an actionable afternoon update just in time for the last hour of trading.Business - CNBC - 3 days ago -
Expedia shares rise after company raises full-year outlook, citing progress abroad amid travel-demand concerns
Shares of Expedia Group Inc. rallied after hours on Thursday after the travel-booking platform boosted its full-year outlook, helped by consumer demand and growth in advertising and its segment ...Business - MarketWatch - November 8 -
Microsoft Shares Slip as Forecast Sparks Concern About AI and Cloud Revenue
The company’s projection points to less growth than anticipated, causing concern about the payoff for its massive AI investment.Business - The Wall Street Journal - October 31 -
PayPal shares fall on revenue miss, soft guidance
PayPal reported better-than-expected third-quarter earnings on Tuesday, but revenue came in slightly below expectations.Business - CNBC - October 29 -
Reddit shares close up 42% on profitability, rosy guidance
Reddit shares popped Wednesday, one day after the company reported rosy third-quarter results.Business - CNBC - October 30 -
Palantir shares close up 23% to record on uplifting guidance
Palantir shares soared to a record on Tuesday after the software company reported better-than-expected results and issued uplifting guidance.Business - CNBC - November 5 -
AbbVie shares tumble after schizophrenia drug disappoints
US pharma group says patients who took Emraclidine in clinical trials failed to show a significant decline in symptomsBusiness - Financial Times - November 11 -
Target shares tumble as retailer’s holiday forecast disappoints
US retailer blames muted sales of non-essential items and rising costsWorld - Financial Times - 3 days ago -
The average rate on a 30-year mortgage in the US slips to 6.78%
The average rate on a 30-year mortgage in the U.S. edged lower this week, ending a six-week climbTop stories - ABC News - November 14 -
10-year Treasury yield slips as investors weigh state of U.S. economy
Investors weighed mixed economic data and assessed the state of the economy.Business - CNBC - Yesterday -
Intel shares jump 7% on earnings beat, uplifting guidance
Intel reported better-than-expected earnings following a quarter filled with challenges.Business - CNBC - October 31 -
Gap shares surge as it raises guidance, touts 'strong start' to holiday
Gap said Old Navy's sales fell after hurricanes led to store closures and warm weather deterred sales in its kids category.Business - CNBC - Yesterday -
Chipotle misses revenue estimates as same-store sales growth disappoints
Chipotle's same-store sales rose 6% in the third quarter, just missing Wall Street's expectations.Business - CNBC - October 30 -
Shares in weight-loss drugmaker Eli Lilly fall on disappointing sales
US group revises down upper end of full-year revenue estimatesBusiness - Financial Times - October 30 -
ETF flows smash full year record
The $1.4tn pumped into global ETFs in the first 10 months of the year surpasses the $1.33tn racked up in all of 2021World - Financial Times - November 12 -
Lowe's beats on earnings and hikes guidance, but still expects sales to fall this year
Lowe's topped quarterly earnings and revenue estimates, but even its raised sales outlook would be a decline from last year.Business - CNBC - 4 days ago -
Nvidia slips a spot among top S&P 500 stocks this year. Here’s what overtook it.
Nvidia’s stock now ranks third among the S&P 500’s biggest gainers for 2024. It held the No. 1 spot as recently as mid-September.Business - MarketWatch - November 5 -
10-year Treasury yield ends below 4-month high after Fed cuts rates again
Yields on long-dated U.S. government debt dropped from their highest levels since early July on Thursday, after the Federal Reserve delivered a widely expected quarter-point interest-rate cut.Business - MarketWatch - November 7 -
764 Terror Network Member Richard Densmore Sentenced to 30 Years in Prison
The 47-year-old Michigan man, who pleaded guilty to sexually exploiting a child, was highly active in the online criminal network called 764, which the FBI now considers a “tier one” terrorism threat.Tech - Wired - November 7 -
Microsoft's stock has worst day in two years after disappointing forecast
Microsoft's stock fell more than 6% on Thursday after guidance fell short of analysts' estimates.Business - CNBC - October 31