Is it Time to Sell Palo Alto Networks Stock After Guidance Cuts Sends Shares 25% Lower?
After starting the year strong, Palo Alto Networks (PANW) took a 25% dip yesterday after the market closed. The stock faced a sell-off after investors were warned that the company was rethinking its 2024 revenue forecast. The company is seeing its customers tighten budgets for IT security spending, which put a wrench in its forecast to bring in $8.15 [...]
Walmart Gains 4% After Earnings Beat, Vizio Deal, & Dividend Increase: 3 Other Reasons to Buy WMT
Walmart (WMT) shared the results from its fourth quarter alongside the announcement that it would be purchasing TV manufacturer Vizio while simultaneously boosting the quarterly dividend. All this news sent shares 4% higher Tuesday morning, adding to what has been a strong trend over the past few weeks. The worldwide retailer is benefiting from a tightening of the global [...]
Stock Investment Strategies: Most Popular Strategies for Investing in Stocks
So you know you want to get started investing but don’t know where to begin. You’ve come to the right place. Choosing the best stock investment strategy based on your unique risk tolerance and investing goals is pivotal. We’re here to help you do exactly that. Are you leaning towards the high-growth potential of growth investing, the market-savvy insights of [...]
Super Micro Computer Stock Falls Hard After Nearly 200% Surge in Price: What Investors Need to Know
It’s been a thrilling start to 2024 for investors of Super Micro Computer (SMCI), as the stock has skyrocketed 191% through the first month and a half of the year. However, it looks like the stock’s win streak has come to an end after last Friday’s reversal. All eyes are on Super Micro Computer as there is hope it [...]
Market Insights: Volatility Strikes as Inflation Data Sparks Concern
Market Recap: Navigating Market Swings Wall Street faced uncertainty in the first session, ending mixed amidst anticipation of the Consumer Price Index (CPI) release. While the Dow saw a modest uptick of 0.3%, the S&P500 dipped 0.1%, and the Nasdaq fell 0.3%. Tuesday's market sentiment took a sharp turn with the release of hotter-than-expected CPI data, igniting worries about [...]
Coinbase Climbs 15% After Easily Beating Earnings and Revenue Expectations: Is it Time to Buy Yet?
Coinbase (COIN) is up more than 15% after unveiling Q4 earnings yesterday after the market closed. The world’s leading cryptocurrency exchange easily outperformed compared to the market’s expectations. Total revenue was up 41% to $954 million, well above the $826 million Wall Street was forecasting. Meanwhile, adjusted earnings of $1.04 not only blew the estimate of 2 cents out [...]
