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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BTC$62,686.00-1.67%
ETH$1,666.62-3.16%
USDT$0.9987-0.01%
USDC$0.9996-0.01%
XRP$1.10-1.88%
SOL$69.40-3.23%
TRX$0.329-1.01%
FIGR_HELOC$1.03-0.16%
HYPE$61.30-7.24%
DOGE$0.0789-3.56%
USDS$0.9997+0.00%
RAIN$0.0157-2.06%
LEO$9.49-0.84%
ZEC$413.84-6.89%
XLM$0.1911-3.05%
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.