Palo Alto Networks stock jumps on earnings, guidance

  • 📰 YahooFinanceCA
  • ⏱ Reading Time:
  • 21 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 63%

日本 ニュース ニュース

日本 最新ニュース,日本 見出し

Shares of Palo Alto Networks (PANW) jumped in after-hours trading. The cybersecurity company reported fiscal fourth adjusted quarter earnings that handily beat Wall Street estimates, while revenue was just shy of expectations. The company also issued upbeat full-year guidance. Constellation Research Founder Ray Wang says the company is 'doing well' but 'the challenge is the macro-environment. Budgets are being re-directed from cybersecurity to AI.' Wong says Palo Alto is benefiting from putting 'the best portfolio in the marketplace for customers to buy so that they don't have to go to all these different point solutions.' However, Wong thinks the stock is going to be 'challenged for the rest of the year' due to companies shifting their spending to AI.

Alimentation Couche-Tard stock is a convenient growth stock for the ages! The post This Hot Growth Stock Is Still a Buy After Enormous Gains appeared first on The Motley Fool Canada.STORY: Chinese developer Evergrande has filed for bankruptcy protection in a U.S. court.The property giant made the move in one of the world's biggest debt restructuring exercises. The firm's problems add to growing investor worries about China's property debt crisis and its overall economy.

The company's offshore debt restructuring involves a total of $31.7 billion.It will meet with its creditors later this month to discuss its restructuring proposal.A number of Chinese property developers have defaulted on their offshore debt obligations.Leaving in its wake unfinished homes, plunging sales and battered investor confidence.The property sector makes up about a quarter of the economy.

このニュースをすぐに読めるように要約しました。ニュースに興味がある場合は、ここで全文を読むことができます。 続きを読む:

 /  🏆 47. in JP
 

コメントありがとうございます。コメントは審査後に公開されます。

日本 最新ニュース, 日本 見出し

Similar News:他のニュース ソースから収集した、これに似たニュース記事を読むこともできます。

Palo Alto earnings, Estée Lauder, Biden's Camp David meetings: What to watchYahoo Finance Live's Seana Smith details what investors should be on the lookout for on Friday, August 18, including earnings reports from Palo Alto Networks (PANW) and Estée Lauder (EL), and President Biden's meetings with Japanese and South Korean officials at Camp David.
ソース: YahooFinanceCA - 🏆 47. / 63 続きを読む »

Stock futures edge up as yields stay near recent highs: Stock market news todayWall Street looked to rebound from two straight down sessions.
ソース: YahooFinanceCA - 🏆 47. / 63 続きを読む »

Stock market today: Global shares sink after Fed notes dent hopes of rate hikes endingBEIJING (AP) — Global stocks followed Wall Street lower Thursday after notes from a U.S. Federal Reserve meeting dented hopes interest rate hikes are finished. London, Hong Kong, Paris and Seoul declined. Shanghai and Wall Street futures advanced. Oil prices rose. Wall Street's benchmark S&P 500 lost 0.8% on Wednesday after minutes from the Fed's latest meeting suggested board members are unsure what to do after raising their key lending rate to a two-decade high. Traders had hoped the board wou
ソース: YahooFinanceCA - 🏆 47. / 63 続きを読む »