PANW Palo Alto Networks $337.64 -4.45 (-1.30%) (As of 07/8/2024 ET) 52-Week Range $201.17 ▼ $380.84 P/E Ratio 49.08 Price Target $326.29 Network cybersecurity provider Palo Alto Networks Inc. NASDAQ: PANW stock has recovered from its fiscal Q3 2024 earnings report. While the results weren’t bad, shares took a tumble on its forward guidance. However, the…
Luxury casino resorts operator Wynn Resorts Ltd. NASDAQ: WYNN shares have fallen 4.7% year-to-date (YTD), trading closer to its 52-week lows at $81.65 than its 52-week highs of $112.25. The artificial intelligence (AI) boom has siphoned the bulk of investor money, leaving fledging casino stocks to severely underperform the S&P 500 index, up 16.69% YTD….
Southwest Airlines Co. appointed aviation industry veteran Rakesh Gangwal to its board, an effort to fortify the carrier’s leadership amid demands for sweeping change from activist investor Elliott Investment Management. The addition of Gangwal, the billionaire co-founder of InterGlobe Aviation, which controls Indian budget carrier IndiGo, is the second defensive step taken by Southwest in…
4 min read Last Updated : Jul 08 2024 | 8:03 PM IST Nothing, a British consumer technology brand, has launched its maiden smartphone in India under its CMF sub-brand, the CMF Phone 1. The smartphone is accompanied by the CMF Buds Pro 2 wireless earbuds and CMF Watch Pro 2 smartwatch. Nothing said that…
So, is it the Next Big Thing, or what? It’s hard to read any kind of business story without coming across a reference to artificial intelligence and how companies are all looking to get their hands on it ASAP. Related: Analyst revisits Nvidia stock price target after Blackwell checks Early this year the consulting and…
The semiconductor sector has been a standout performer in 2024, but recent trends suggest that its momentum might be slowing. So, let’s examine the overall state of the sector, focusing on the Van Eck Semiconductor ETF NASDAQ: SMH and two leading names: NVIDIA NASDAQ: NVDA and Taiwan Semiconductor Manufacturing Company NYSE: TSM. By analyzing these…
Every once in a while, the Federal Reserve has to step aside from its primary function of keeping markets safe and employment running strong – without too much inflation – to ensure banks are doing okay. What’s called the Fed’s “stress test” ended last week, and despite some concerns about the state of consumer credit,…
What’s your sign? This may be one of the cheesiest pickup lines in creation, but devotees of astrology say they can get insights into someone’s personality and habits by their star sign. Related: Analyst resets Google-parent Alphabet’s stock price target after survey Leos are said to be fiercely proud and confident, while Scorpios have been…
Funds backed by the Solana cryptocurrency saw the second-biggest increase and claimed over $16 million in gains, a 900% increase compared to the previous week. (Photo: Bloomberg) 2 min read Last Updated : Jul 08 2024 | 10:03 PM IST By Benjamin Taubman Digital asset investment products had positive inflows for the first time in…
Increased sale of Unit Linked Insurance Plans (ULIPs) is set to weigh on the margins of listed life insurance companies in June quarter of FY25 (Q1FY25) despite higher premium accumulation on a favourable base. A buoyant equity market has led to an increase in sales of ULIPs, driving the growth in Annualized Premium Equivalent (APE)…