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Palo Alto Networks Inc. (NASDAQ: PANW ) shares are climbing Wednesday along with other software stocks, helped by cooler-than-expected inflation data that may ease concerns about further Fed rate hikes. Palo Alto Networks shares are testing new highs. What’s behind PANW new highs? Cooler Inflation Data Eases Rate Hike
Intuitive Machines Inc. (NASDAQ: LUNR ) shares are edging lower Wednesday. The stock consolidates near a tight cluster of converging moving averages following a much larger move earlier this year. Here’s what you should know. Intuitive Machines stock is showing downward bias. What should traders watch with LUNR? Intuit
Adobe (NASDAQ: ADBE ) stock is rising Wednesday as technology stocks gain after inflation data came in lower than economists expected. No single Adobe announcement released Wednesday accounts for the move. The Bureau of Economic Analysis released data Wednesday showing the personal consumption expenditures (PCE) price
U.S. stocks are higher at midday Wednesday, led by technology and software shares, after softer-than-expected inflation data eased fears of another Federal Reserve rate hike. Oil is climbing again, however, and long-dated Treasury yields remain close to multi-decade highs. • United Therapeutics stock is charging ahead