Palo Alto Networks Inc. PANW, -2.33% shares dove more than 13% in extended trading Monday after the security-software company reported softer sales growth than expected and cut its annual forecast. Palo Alto Networks reported a fiscal second-quarter loss of $73.7 million, or 75 cents a share, on revenue of $816.7 million, up from $711.2 million a year ago. After adjusting for stock-based compensation and other effects, the company reported earnings of $1.
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Cramer sees biotech stocks as a refuge in the coronavirus-driven market plunge'I look at these drug companies and I think, 'Wouldn't that be a great place to go if the market really falls apart?'' CNBC's Jim Cramer said. If there were an outbreak of CoronaVirus in the US cash is king probably be your theme, too late then... big losses before Cash is King? Lol Flight to safety doesn’t usually involve the most speculative sector of the markets.
Source: CNBC - 🏆 12. / 72 Read more »
Financial Experts Say Stock Market Constantly Plunging, Reaching Record Highs Leading Indicator Of Healthy EconomyNEW YORK—Reminding investors that 800-point swings are completely normal, financial experts confirmed Thursday that the stock market constantly plunging before climbing to record highs was the leading indicator of a healthy economy. “A highly volatile market that reaches a record high one day before suddenly wiping out weeks’ worth of gains the next is a defining characteristic of a robust economy,” said Standard & Poor’s chief global economist, Paul Gruenwald, who urged investors to remain calm and continue buying up stocks before dumping everything the instant the Dow dropped. “We’re right in the middle of what we call an Everest/Mariana Trench pattern, and that’s exactly the kind of wild oscillation you want to see across all markets. Investors everywhere should consider this an opportunity to either make or lose a huge sum of money.” At press time, financial experts were beginning to panic after trade talks between America and China caused the market to briefly stabilize. Apparently it is Sometimes you gotta plunge to soar baby Short term fluctuations don’t matter. It’s way up overall and that’s what matters.
Source: TheOnion - 🏆 724. / 51 Read more »
These two retail stocks could take off after earnings, charts suggestGear up for a major earnings week for retail stocks. Piper Sandler technician Craig Johnson is keeping a close watch on two names.
Source: CNBC - 🏆 12. / 72 Read more »
Cramer on market plunge: Coronavirus impact on companies could be 'more severe than thought'The global stock market sell-off on the widening outbreak of coronavirus beyond China indicates further negative effects on U.S. multinational companies' earnings, CNBC's Jim Cramer said. MadMoneyOnCNBC Joe public trusted you pigs and look what you did!!! Had Joe buying all time highs just two weeks ago, hope you sleep well still tonight MadMoneyOnCNBC Duh! Eat some insects you Kanamit.
Source: CNBC - 🏆 12. / 72 Read more »
Stock market live updates: Markets plunge, White House reacts, Apple leads slideStock market live updates: Stocks plunge at midday as coronavirus fears rattle investors.The Dow is down more than 900 points. tell the whole truth, market is not just down on the virus, its down on fears of the virus, historical low bond yields, and Bernie. FactsMatter Interesting that on days like this we tend to see more older males as guests so that they can be the reassuring grandpas for us. :) DOW JONES DROPING SHOULDNT STOP YOU FROM MAKING MONEY THIS YEAR ...THE SPORTSBETTING MARKET IS ALWAYS OPEN AND WE CASHED IN 300k THIS YEAR ALONE...FOLLOW US FOR A CHANCE TO WIN 200$ SENT TO YOUR PAYPAL
Source: CNBC - 🏆 12. / 72 Read more »