The stock market sold off as oil prices surged on Trump's Iran threats. Microsoft, Meta and Fortinet were key earnings movers late.
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PEGA's revenues rise 9.4% as cloud sales surge, but earnings miss estimates and delayed AI-era buying decisions slow ACV growth.
The S&P 500 Index ($SPX ) (SPY ) today is down -1.06%, the Dow Jones Industrial Average ($DOWI ) (DIA ) is down -0.12%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -2.23%. September E-mini S&P futures (ESU26 ) are down -0.95%, and September E-mini Nasdaq futures...
ZS' steep drop, slowing growth and higher AI-related costs worry investors, but strong results, AI security traction and cheaper valuation support holding the stock.
In the most recent trading session, Fortinet (FTNT) closed at $158.67, indicating a -2.27% shift from the previous trading day.
In late June, Fortinet, Inc. was removed from both the Russell 1000 Growth-Defensive Index and the Russell 1000 Defensive Index, even as it prepared to report second-quarter 2026 results on July 29. This index exclusion contrasts with growing investor attention around Fortinet’s role in AI-enabled cybersecurity and its expanding ecosystem of cloud marketplace and services partners. We’ll now examine how Fortinet’s index removal, against a backdrop of AI-focused enthusiasm, could influence...
While CrowdStrike has lagged behind the technology sector over the past year, Wall Street analysts maintain a moderately optimistic outlook on the stock’s prospects.
The Nasdaq broke key support Tuesday as AI stocks sold off, even as SpaceX reversed higher. FedEx and AI chip IPO Cerebras reported late. Micron earnings loom.
The S&P 500 Index ($SPX ) (SPY ) today is down -0.18%, the Dow Jones Industrial Average ($DOWI ) (DIA ) is up +0.69%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -0.83%. June E-mini S&P futures (ESM26 ) are down -0.20%, and June E-mini Nasdaq futures...
Fortinet, Amprius Technologies, and AppLovin are showing bearish technical signals, including MACD reversals and RSI weakness, despite strong recent gains.
The S&P 500 Index ($SPX ) (SPY ) today is down -0.40%, the Dow Jones Industrial Average ($DOWI ) (DIA ) is down -0.74%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -0.08%. June E-mini S&P futures (ESM26 ) are down -0.48%, and June E-mini Nasdaq futures...