Going into its Q4 FY2024 report on 19th August 2024, Palo Alto Networks stock has displayed strong technical momentum. However, PANW's recent rally has been driven by trading multiple expansion, which appears unjustified amid slowing revenue growth and an earnings decline. Despite a re-acceleration in revenues and earnings expected in FY2025, PANW stock is currently overvalued, leading to a "Ho...
Palo Alto Networks (PANW) is set to report results for its fiscal fourth quarter after markets close on August 19, close with investors likely watching for a strong 2025 outlook and updates on its "platformization" strategy.
The recent cybersecurity glitch triggered by a global technological outage exposed the underlying cyber threat as the world continues to embrace internet technology. The cyber glitch came against the backdrop of the recent cyber attacks on UnitedHealth Group (NYSE: UNH ), MGM Resorts (NYSE: MGM ), and Caesars Entertainment (NASDAQ: CZR ), two major casino operators in the country.
Wall Street continues to scramble as U.S. stocks are trying to regain their footing following a broader market sell-off sparked by worrisome jobs data and softer quarterly earnings delivered by tech giants.
The surge in cloud computing stocks has been one of the defining trends of the tech sector in recent years, fueled by the accelerated shift toward digital transformation and remote work solutions. However, not all clouds have a silver lining.
NEW YORK, Aug. 08, 2024 (GLOBE NEWSWIRE) -- Bragar Eagel & Squire, P.C., a nationally recognized shareholder rights law firm, is investigating potential claims against Palo Alto Networks (NASDAQ: PANW) on behalf of long-term stockholders following a class action complaint that was filed against Palo Alto Networks on February 26, 2024 with a Class Period from August 18, 2023 to February 20, 2024...
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