Zscaler shares fall more than 10% on rising outlook and job cuts
by Zscaler Inc. shares fell in Thursday’s extended session after the cybersecurity firm raised its revenue forecast for the year by announcing layoffs. Zscaler ZS, +4.43% …
Tag: Basic materials/resources
Apollo in talks to acquire Arconic
Private equity firm Apollo Global Management Inc. is in talks to acquire aerospace parts maker Arconic Corp. ARNC 19.30% according to people familiar with the …
Opinion: Ford’s deal with Chinese EV battery maker is a sucker punch for American taxpayers
Virginia Governor Glenn Youngkin recently made national headlines when he rejected a Ford Motor F, +1.52% factory in struggling part of state, owns Ford’s partnership …
Norfolk Southern shares extend selloff and one analyst turns bullish
Norfolk Southern Corp.’s shares have fallen enough, relative to those of other rail operators and the broader stock market, to create a “compelling entry point” …
Palo Alto Networks stock is up more than 5% after another quarter of peaks and raises on macroeconomic slowdown
Palo Alto Networks Inc. shares rallied in Tuesday’s extended session after the cybersecurity firm reported another quarter of spikes and rebounds in what is seen …
This restaurant chain offers the worst value, customers say
When it comes to dining out, customers say Shake Shack SHAK, +0.09% it has become too expensive for what it is offering. And that’s despite …
Prudential, Corning and 8 other companies that increased stock dividends
Text size Prudential Financial increased its quarterly payment by 4% to $1.25 per share. Jason Alden/Bloomberg Prudential Financial, Philip 66 , Supply of tractors , …
AppLovin’s stock is preparing to recoup more than $1 billion of its vanished valuation after strong forecasts
AppLovin Corp. was set to recoup more than $1 billion of its plummeting valuation after a strong forecast in a questionable mobile ad market Wednesday. …
Public storage bids for rival in $11 billion unsolicited offer
Public Storage said it sent a letter to Life Storage management on Sunday detailing its proposed stock, valued at about $129 per share, confirming an …
Technical executives can’t stop talking about AI after the success of ChatGPT
The pace of AI chatter from executives is picking up after the success of ChatGPT, and it’s not all from Big Tech. Big tech companies …