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Stocks Rally on Fed-Friendly CPI Report
Barchart22d agobullish
Stocks Rally on Fed-Friendly CPI Report

The S&P 500 Index ($SPX ) (SPY ) today is up +0.30%, the Dow Jones Industrial Average ($DOWI ) (DIA ) is up +0.60%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.97%. September E-mini S&P futures (ESU26 ) are up +0.28%, and September E-mini Nasdaq futures...

Reuters70d agobullish
Zscaler sees downbeat quarterly revenue as competition heats up in cybersecurity market

Zscaler forecast fourth-quarter revenue below estimates on Tuesday, signaling intensifying competition in ‌the cybersecurity market as enterprises scrutinize spending ‌on cloud security products, sending shares down 15% in extended ​trading. Despite the push to secure modern IT environments, Zscaler faces competition from larger rivals such as Palo Alto Networks, which are vying for more ‌market share with ⁠their own platform offerings. Zscaler primarily competes in the Secure Access Service Edge (SASE) ⁠market, which combines networking and security into a single platform to connect users, devices and applications from ​anywhere.

Nokia’s 140% Rally Turns AI Comeback Into Valuation Puzzle
Bloomberg71d agobullish
Nokia’s 140% Rally Turns AI Comeback Into Valuation Puzzle

(Bloomberg) -- A rally in Nokia Oyj is forcing investors to reconsider the company not as an old telecom-equipment stock, but as part of the infrastructure underpinning the artificial intelligence boom.Most Read from BloombergNvidia CEO Urges Super Micro to Tighten Up on ComplianceTrump Doctor Visit Renews Health Scrutiny as 80th Birthday NearsTrump Says He’ll Announce Negotiated Deal With Iran ShortlyRubio Sees Good News Coming on Hormuz as Iran Talks ContinueUS, Iran Inch Toward Deal as Gaps R