Shares of Fortinet (ticker: FTNT) experienced a sharp decline of 25% on Friday due to concerns over macroeconomic uncertainties impacting deals. However, Guggenheim analysts point out that this market reaction…
Caterpillar Inc. (CAT) exceeded expectations with its second-quarter earnings, driven by strong sales volume, increased pricing, and improved margins. The construction and mining equipment manufacturer’s stock also hit a new…
Fortinet (ticker: FTNT), a leading cybersecurity company, saw its stock plummet 19% to $61.39 in premarket trading on Friday. This significant decline in share price had a ripple effect on…
Shares of DXC Technology have taken a sharp downward turn after the company reported disappointing fiscal first-quarter results and reduced its fiscal 2024 guidance. This development has prompted multiple analysts…
Shares of two prominent aircraft engine companies had contrasting outcomes in their recent quarterly earnings reports. However, despite their divergent results, both stocks continue to find favor on Wall Street.…
Apple Inc. (AAPL) shares climbed by 0.45% to $194.50 on Wednesday, amidst a mixed trading session for the stock market. The Dow Jones Industrial Average (DJIA) rose by 0.23% to…
F5 Inc. (FFIV) shares experienced a significant surge during after-hours trading on Monday, following the company's impressive performance in the third quarter. The stock soared by as much as 8%,…
Shares of Carvana Co. (CVNA) dropped more than 9% in the extended session Tuesday after the online auto retailer surprised markets by moving forward its quarterly results. Carvana announced that…
U.S. stocks reached fresh closing highs on Wednesday as the inflation data for June came in softer than expected. The Nasdaq 100 (NDX) recorded its highest close since January 14,…
By Adriano Marchese Aritzia, a Canadian women's fashion brand, experienced a significant drop in its stock value on Wednesday. The company revised its outlook for the year, attributing the change…
The dramatic rally in technology shares this year has raised concerns about overconcentration within the Nasdaq 100 stock index. With tech giants like Apple, Microsoft, and others dominating the market,…
A series of employment data releases in the United States has left investors in a state of confusion regarding the Federal Reserve's future monetary policy. However, with next week's release…