|Day Low/High||226.39 / 230.43|
|52 Wk Low/High||168.81 / 260.63|
These are the 10 reasons why we keep going up, despite all the bad news.
A look at the charts and indicators ahead of earnings.
Cyber security stocks will be back in play today following the news that U.S. private equity group Thoma Bravo has agreed to buy Sophos (SOPH:LN) in a deal which values the British cyber security group at £3.1 billion including net debt. Ones to wat...
Enterprise spending on IT security remains strong, and a recent CIO survey suggests this spending could help during a recession.
While the security tech giant expects aggressive spending to weigh on its near-term profits, it's also forecasting strong revenue and billings growth through fiscal 2022.
The cybersecurity name fired off some punches at the competition and picked up another bolt-on acquisition amid earnings.
As the initial wild ride of PANW settles down, here are the stock's sweet spots.
What is clear is that both earnings and revenue growth, though still quite strong, are decelerating.
Billings, a key figure for cybersecurity companies, surprised to the upside as the company delivered more than was expected by analysts.
Shares of the provider of network security platforms could bump into a resistance zone after a strong start.
Can no one else see the eventual end of the debt super-cycle?
Let's review the charts and indicators.
Broadcom's success to date at making its $18.9 billion acquisition of CA Technologies work provides reason to think a Symantec acquisition could also pay off. But there are differences between Symantec and CA.
The security tech giant's billings shortfall had more to do with changes in its sales mix and deal lengths than weak near-term demand for its products. Meanwhile, a pair of new acquisitions strengthen its cloud software push.
You and I are going to have to embrace short to medium term volatility across global markets, unless central banks move pro-actively.
The security tech firm just reported a major billings decline, issued weak guidance and announced its CEO has resigned. Wall Street has its reasons for giving the company a relatively low valuation.
Samsung's latest flagship phones contain meaningful hardware improvements, and reviews have been pretty good. They're unlikely to be smash hits, but demand could be better than feared.
A slew of stories Wednesday had the potential to move the stock market -- but didn't.
We have our reason for Wednesday's move, but I'm not sure it will hold.
What is most impressive about PANW is the revenue growth.
Traders and investors are reacting to the solid second quarter report last night.
The algos are pushing to the negative late in the day -- keep an eye out for signals of a trend change.
And stay away from under-capitalized, over-indebted shale producers that face pressure to limit capital expenditures.
After many years of trying to compete in China, Amazon is reportedly in talks to merge its Chinese operations with those of a bigger local player.