© Reuters. FILE PHOTO: Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., July 7, 2023. REUTERS/Brendan McDermid By Saqib Iqbal Ahmed and Laura Matthews NEW YORK (Reuters) – More than two years since a breathtaking surge in shares of GameStop (NYSE:)…

© Reuters. FILE PHOTO: A M142 High Mobility Artillery Rocket System (HIMARS) takes part in a military exercise near Liepaja, Latvia September 26, 2022. REUTERS/Ints Kalnins/File Photo WASHINGTON (Reuters) – The U.S. State Department has approved a possible sale to Australia of M142 High Mobility Artillery Rocket Systems (HIMARS) for…

© Reuters. FILE PHOTO: A sign of Wanda is pictured at the headquarters of Dalian Wanda Group, in Beijing’s Central Business District (CBD), China August 8, 2023. REUTERS/Tingshu Wang/File Photo By Amy-Jo Crowley, Emma-Victoria Farr and Milana Vinn LONDON/FRANKFURT/NEW YORK (Reuters) -Dalian Wanda Group, owned by China’s once-richest man Wang…

© Reuters. Investing.com — Health care stocks were mixed on Friday after analysts downgraded Cigna and CVS Health citing concerns about competition in the pharmacy benefit manager business. Edward Jones cut its ratings for Cigna Corp (NYSE:) and CVS Health Corp (NYSE:) to hold from buy. The move comes after…

© Reuters Investing.com — The Dow eked out a win, but that was of mere consolation as stocks posted their worst weekly loss since March ahead of the Fed chair Jerome Powell’s appearance at the Jackson Hole economic policy symposium next week. The rose 0.1%, or 27 points, fell 0.20%, and…

© Shutterstock Palo Alto Networks earnings beat by $0.16, revenue topped estimates Investing.com – Palo Alto Networks (NASDAQ: ) reported third quarter EPS of $1.44, $0.16 better than the analyst estimate of $1.28. Revenue for the quarter came in at $2B versus the consensus estimate of $1.96B. Guidance Palo Alto…

© Shutterstock Investing.com — Palo Alto Networks reported mixed fiscal fourth-quarter results, but delivered an upbeat outlook for the current quarter, touting further strength in billings growth as earnings topped, but revenue fell short of Wall Street estimates. Palo Alto Networks Inc (NASDAQ:) was up more than 7% in afterhours trading following…

© Reuters. U.S. stocks mixed at close of trade; Dow Jones Industrial Average up 0.07% Investing.com – U.S. stocks were mixed after the close on Friday, as gains in the , and sectors led shares higher while losses in the , and sectors led shares lower. At the close in…

© Reuters Invesitng.com — Bank deposits, and lending fell in the week ended Aug. 9, the latest data Friday from the Fed showed. Deposits at large U.S. banks fell by $11 billion to $17.344 trillion from a week earlier, on a seasonally adjusted basis. Commercial bank lending fell by $5.2B…

© Reuters. FILE PHOTO: The Arm Ltd logo and a rising stock graph are seen in this illustration taken March 6, 2023. REUTERS/Dado Ruvic/Illustration/File Photo By Anirban Sen and Manya Saini (Reuters) – SoftBank Group Corp’s Arm Ltd is expected to report a revenue decline of about 1% in the…