Netskope Q2 fiscal 2027 revenue rises 29%, beats guidance
Netskope reported Q2 fiscal 2027 revenue of $221 million, up 29% year over year and ahead of guidance, with ARR at $899 million, up 27% year over year.
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US stocks fall as Warsh hawkish tone lifts rate-hike bets
US indices closed mostly lower Friday. S&P 500 fell 0.2%, Nasdaq dropped 0.7% and Dow edged lower, while Warsh said underlying inflation isn’t slowing and pledged to fight price growth until it reaches the Fed’s 2% target.
Cisco shares slip as tech weakness offsets AI push
Cisco Systems shares traded lower Friday as sector weakness outweighed bullish post-earnings commentary, while investors weighed the company’s expanding AI infrastructure strategy and recent guidance beat.
Marvell shares fall nearly 8% after quarterly earnings
Marvell Technology shares tumbled nearly 8% in premarket trading after its second-quarter fiscal 2027 results, even as revenue and non-GAAP earnings topped Wall Street expectations.
Cybersecurity stocks surge as Nvidia rallies on revenue outlook
Cybersecurity shares jumped sharply after strong AI-demand optimism, while Nvidia rose 9% on a forecast for roughly 70% revenue growth next fiscal year. Technology was the only S&P 500 sector in the green midday.
Stocks mixed premarket as Nvidia jumps after earnings
U.S. stock futures were mixed Thursday, with the Dow slipping and the S&P 500 and Nasdaq 100 rising after Wednesday’s lower close. Nvidia gained 7.32% in premarket after better-than-expected second-quarter results and a strong third-quarter revenue forecast.
Nvidia guides third-quarter revenue to $108 billion, up 4 years
Nvidia said it expects third-quarter revenue of $108 billion, above Wall Street’s $103.52 billion estimate, after reporting second-quarter revenue of $96.22 billion and adjusted EPS of $2.22.
Nvidia shares edge lower after results beat
Nvidia shares edged lower after results beat expectations, per WSJ.
Moderna, Walmart and Strategy drive retail buzz after news flow
Retail traders focused on Moderna, Walmart, Strategy, Broadcom and SpaceX this week, with Moderna on positive Phase 3 cancer vaccine data, Walmart on fiscal second-quarter results, and Strategy on a stock sale and unchanged Bitcoin holdings.
Meta Platforms, Qualcomm, Robinhood, Microsoft and Chipotle: Why These 5 Stock Are on Investors' Radars Today
Major U.S. indices ended the session lower, with the Dow Jones Industrial Average falling 2.19% to 51,594.14, the S&P 500 declining 1.52% to 7,316.15 and the Nasdaq shedding 1.74% to 24,442.94 The Federal Reserve kept its benchmark interest rate unchanged at 3.50%—3.75% for a fifth consecutive meeting, although three p