Palo Alto Networks posts $0.85 adjusted per-share profit Palo Alto Networks fell about 7% despite beating estimates. The company posted Q3 adjusted per-share profit of $0.85, with 31% growth in revenue to $3B. Analysts remained largely positive on the results.
Macy’s (M) reported its best growth in four years in the first quarter and raised its 2026 outlook despite pressure on US consumers. The company benefited from its higher-income shoppers as economists point to a K-shaped economy that continues to divide US consumers <p
Taiwan Semiconductor Manufacturing leads Green Alpha’s top holdings amid S&P 500 decline and surging oil prices. Taiwan Semiconductor Manufacturing (TSM) closed at $446.69 on June 2, 2026, as demand for AI-driven semiconductors bolstered its position in Green Alpha Investm
Quick Read - A Truist study of 30 major IPOs found the average maximum first-year drawdown hit 55%, with even ARM falling 41% peak-to-trough in just three months. - Winners like PLTR and ZM skewed the 12-month average return to +14%, but the median major IPO actually lost 9% in...</strong
CEO Chuck Robbins cites surging need for networking and security infrastructure to support AI and telecom build-outs. Cisco shares reached all-time highs as demand for AI-driven infrastructure accelerates. CEO Chuck Robbins attributed the rally to growing recognition that
Sector Overview The US stock market is experiencing a day of contrasts, with significant disparities across sectors. The technology sector is under pressure, dragged down by major losses in prominent stocks, while the energy sector provides a bright spot in today's trading
Tata Motors shifts to Chery’s Freelander platform for its Avinya EV lineup, delaying production to 2027 after JLR scrapped its electrification plans. Tata Motors will use Chery’s Freelander platform for its Avinya electric vehicle (EV) range, replacing a scrapped collabora
Ulta Beauty Inc (NASDAQ:ULTA) reported first quarter results that exceeded Wall Street expectations, but shares fell nearly 6% as investors focused on a modest increase to the company's full-year earnings guidance. Ulta raised its fiscal 2026 earnings guidance to a range o
Goldman Sachs CEO David Solomon Thinks There's Enough "Greed" to Absorb the SpaceX, OpenAI, and Anthropic IPOs David Solomon is the CEO of one of the world's largest and most powerful financial institutions, Goldman Sachs (NYSE:GS). A key part of the company's business is
The resulting shares will be tokenized and distributed through partner exchanges, enabling investors to receive exposure to newly listed companies without opening accounts with traditional brokerage providers. The first tokenized IPO offerings are expected to become availa
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