SARANAC LAKE — The Adirondack Land Trust’s plans to build new accessible trails on two preserves in the Tri-Lakes got a $3 million federal funding boost last week. The funding from the Northern Border Regional Commission was announced on June 27 by Sen. Chuck Schumer, D-NY, as part of a broader $7.5 million package that […]
Arista Networks (ANET) blew past a buy point of a cup base as it reached a new high on Thursday. The cloud-computing stock has climbed around 40% so far this year. X The company’s networking and cloud-computing platforms and switches are used by data centers and in artificial intelligence environments. Demand for their products looks […]
Cybersecurity software major Palo Alto Networks (PANW) continues to trade near its all-time high, the latest in a long string. And in a welcome move, on Monday the IBD Relative Strength Rating for the software company climbed to 72, up from 68. X The upgraded 72 Relative Strength Rating shows that Palo Alto Networks stock […]
NEW YORK (AP) — The New York accents of court reporters reading testimony. A juror’s facial expression. And tea leaves — plenty of tea leaves. Jury deliberation meant tense, ultimately boring hours of waiting for lawyers, journalists and others at the Manhattan courtroom where former President Donald Trump’s hush money trial is being held. It’s […]
Police raids co-ordinated by the European Union’s justice agency have taken down computer networks responsible for spreading ransomware via infected emails, in what they called the biggest ever international operation against the lucrative form of cybercrime. The European Union’s judicial co-operation agency, Eurojust, said on Thursday that police arrested four “high value” suspects, took down […]
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 […]
Fool.com contributor Parkev Tatevosian answers whether Palo Alto Networks (NASDAQ: PANW) stock is a buy after it reported quarterly earnings. *Stock prices used were the afternoon prices of May 20, 2024. The video was published on May 22, 2024. Should you invest $1,000 in Palo Alto Networks right now? Before you buy stock in Palo […]
(Bloomberg) — Palo Alto Networks Inc. slid in late trading after giving a downbeat forecast for the current period, renewing concerns about a slowdown in cybersecurity services. Most Read from Bloomberg Revenue in the fiscal fourth quarter will be $2.15 billion to $2.17 billion, the company said in a statement Monday. Analysts had anticipated a […]
Palo Alto Networks (NASDAQ: PANW) is one of the more popular cybersecurity stocks out there at the moment. The stock is trading up nearly 70% over the past year, so investors might be wondering if all its future growth is already priced in and it’s too late to get on board. To ease those concerns, […]
Cybersecurity is a massive industry that has never been more important. Hackers are more adept at breaching systems and causing havoc for companies. Precautions must be taken to protect internal and customer data. This requires implementing one (or several) cybersecurity solutions, and, as a result, investors should consider adding cybersecurity stocks to their portfolio, as […]
ANET beat consensus earnings estimates for the first quarter due to big AI spending. The company generated $1.571 billion in revenue, marking growth of 16.3% over 2023’s first quarter. It expects $1.62 billion – $1.65 billion in second-quarter revenue versus the previous estimate of $1.62 billion. Plus, ANET announced $1.2 billion in planned share buybacks […]
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