Nikesh Arora, CEO of Palo Alto Networks, speaks on CNBC’s “Squawk Box” at the WEF Annual Meeting in Davos, Switzerland, on Jan. 16, 2024. Adam Galici | CNBC Palo Alto Networks shares dropped 28% on Wednesday, the worst trading session since the cybersecurity hardware and software maker’s 2012 initial public offering. The plunge came a day … Read more
It’s been hard to keep up. That’s the story of the big stock winners this year. They just keep winning and winning and winning. For analysts on Wall Street and here at the Club, it seems like some of these names are smashing through our six-to-nine-month price targets every few weeks. To that end, we’re … Read more
Palo Alto Networks CEO Nikesh Arora said Tuesday that cybersecurity demand will only intensify in 2024. He cited three reasons that highlight why investors keep pushing the Club stock to record highs. During a CNBC interview at the World Economic Forum’s annual meeting in Davos, Switzerland, Arora said that Palo Alto Networks stands to benefit … Read more
Wall Street analysts revealed bold predictions on four portfolio stocks this week, as investors digested the latest inflation data and December earnings season kicked off. Here’s a summary of each report, along with the Club’s updated take on each. Morgan Stanley Wall Street’s take: HSBC cut Morgan Stanley’s rating to hold from buy on Monday, … Read more
The very first Cybertruck crash to occur on public roads happened Thursday in Redwood City, California, and it seems all the people involved made it out OK. The Toyota and the Cybertruck involved in the collision, however, didn’t fare as well. My First Car: Randall Park Cruised LA in His New, Gifted 1992 Toyota Corolla … Read more
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