Palo Alto Networks Reports Strong Earnings Amid Retail Giants' Upcoming Results

Reported 1 day ago

Palo Alto Networks (PANW) shares surged 6% after posting solid fourth-quarter earnings, reporting $2.54 billion in revenue and earnings per share of $0.95, surpassing analyst expectations. As the second quarter earnings season concludes with positive results for over 92% of S&P 500 companies, attention turns to upcoming reports from major retailers like Walmart and Target. Analysts are keen to gauge consumer spending trends as the economic landscape remains uncertain.

Source: YAHOO

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