Tag: Bouncing

Is Palo Alto Networks Bouncing Back or Headed for a Downward Spiral?

Palo Alto Networks‘ (NASDAQ: PANW) stock dipped 4% on May 21 after the cybersecurity company posted its latest earnings report. For the third quarter of fiscal 2024, which ended on April 30, its revenue increased 15% year over year to $1.98 billion and exceeded analysts’ estimates by $10 million. Its adjusted earnings per share grew […]

Many countries are bouncing back from COVID pandemic but the poorest are not

UNITED NATIONS (AP) — Many countries are bouncing back from the COVID-19 pandemic, but the poorest are not and a significant number are seeing conditions deteriorating, a report from the U.N. Development Progam said Wednesday. Achim Steiner, head of the agency, said that after two decades during which rich and poor countries were coming closer […]

Why Pfizer Stock Is Bouncing Back

1 glowing green stock arrow climbs on a stock screen. For the third day in a row, shares of big pharma bellwether Pfizer (NYSE: PFE) are heading higher — which is kind of curious. Just last week, Pfizer issued downbeat guidance for the year ahead. But today, analysts at Citigroup put out a note suggesting […]