|Day Low/High||50.36 / 52.36|
|52 Wk Low/High||30.72 / 89.54|
Should competitors act in a way that puts the U.S. economy at a disadvantage, then by all means the FOMC must act with a level of anger that intimidates.
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.
What is clear is that both earnings and revenue growth, though still quite strong, are decelerating.
Here's why Okta could accelerate, and what could derail the optimism.
Outlining Okta's earnings prospects on Wednesday is a tale of tempting TAM and troublesome valuation.
Evaluating the market and policy discussion ahead of Jackson Hole, and how I am playing Zscaler on this weakness.
Stocks to buy on this volatile global macro environment, and what needs to change to avoid a recession.
As is the case with CA, Broadcom wants to significantly cut the spending of Symantec's enterprise security unit and streamline its offerings. But the unit faces a tougher competitive environment than CA's core mainframe software business.
From Adobe to Zendesk, plenty of stocks will rise or fall regardless of what the central bank does.
From CrowdStrike to Zscaler the cybersecurity is on fire.
Estee Lauder is among the companies that are sure winners, no matter which way the economy goes.
Also, I'm not sure one needs to be in Broadcom, but if one were interested, this could be the discount that one has waited for.
A subset of tech is expensive, as well as tech IPOs, but the majority of sectors are far from overvalued.
Do we finally have too many new stocks, and are we running out of ammunition to buy them without wholesale liquidation of other stocks?
Stocks that rip higher in parabolic fashion are incredible until they are terrible.
Plus, many market players don't wait for the Federal Open Market Committee's latest announcement to jump in, and President Trump's latest Xi tweet gooses equities.
The endless rally needs fuel, and without it, you end up with what you got Tuesday, a soggy session that was hit from the cloud, Beyond Meat's chill, and big merger uncertainties.
And why the stock will recover from this hammering on the merger news.
Let's inspect the charts and indicators.
Also, the Department of Justice reportedly could be preparing an antitrust probe into Alphabet's Google unit.
Analysts now expect an earnings recession to become reality after negative Q1 growth, and ahead of projected negative Q2 growth.
We should be trading this kind of action, rather than making big market direction calls.
We are now seeing why it is so important to focus on price action rather than the negative arguments.
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.
Capital can now reallocate to where it will be treated best.
A trade deal will likely emerge but it's not going to be easy and the market is going to be volatile while it awaits.