Cybersecurity Stocks Tumble as Palo Alto Networks (PANW) Revises Guidance Downward
Palo Alto Networks' shares plunged 19% after the cybersecurity leader cut its full-year guidance, despite topping quarterly estimates.
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USDT$0.9988-0.04%
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Retail traders are showing a robust bullish outlook on the U.S. stock market for the first quarter of 2024 according to a new survey.
Palo Alto Networks' shares plunged 19% after the cybersecurity leader cut its full-year guidance, despite topping quarterly estimates.
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The November 2023 CPI report indicates a slight 0.1% increase with a year-over-year rise of 3.1%, reflecting a stabilization in inflationary trends.
The US dollar index fell and stocks rose higher on Tuesday following a positive inflation report for October.
Annual CPI remained unchanged in October at 3.2%. Core CPI rose 0.2%.
The new CPI report is due Tuesday, and a softer-than-expected inflation would likely propel US stocks further in the following days.