Analyst Color

Analysts expect Palo Alto Networks Inc (NASDAQ:PANW) to report fourth-quarter earnings per share of $1.41 on revenue of $2.162 billion Monday after the market closes. Dan Ives and Wedbush view the company’s transition to a platformization strategy as a key business driver, which will be...

The latest report on U.S. consumer confidence, carried out by the University of Michigan, shows a broadly stable figure for the overall sentiment index, while still holding onto high expectations for inflation according to preliminary data from March released on Friday. “Consumer sentiment...

Shares in bargain stores saw some selling on Thursday after Dollar General Corp.’s (NASDAQ:DG) results failed to impress the market. The numbers weren’t bad. Third-quarter earnings were better than expected, although down year-on-year due to some “tough customer spending trends...

The oil and gas production sector has already seen some mega deals in 2023 and merger and acquisition (M&A) activity is expected to continue into 2024 as the oil majors seek new growth opportunities. Exxon Mobil (NYSE:XOM) announced in October an agreement to acquire Pioneer Natural Resources (...

Short selling has become vastly unprofitable since the broad stock market rally began in late October, according to data compiled on short positions in global exchange traded funds (ETFs). Data from S3 Partners published on Thursday shows that U.S. equity ETFs were the most exposed, and the SPDR S...

Since hitting an 11-month high in early October, the US dollar index (DXY) has fallen 3.8% and this has been largely due to investors backing the recent equity market rally, analysts at Bank of America said on Tuesday. The dollar has long been regarded as a safe-haven asset. Keeping investments...

Consumers are becoming more price-conscious and took full advantage of discounted offers on Cyber Monday. Goldman Sachs collected data from Adobe, Salesforce, and Mastercard, among others. Each company reported online sales growth at the start of Cyber Week. Categories such as electronics, footwear...