Palo alto shares dip after earnings, and other early market movers
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PALO ALTO NETWORK shares are down 4% after the cybersecurity company delivered third-quarter results that failed to match investors' elevated hopes. TOLL BROTHERS stock is up 5% after
the home builder delivered earnings and reiterated its guidance for the year, saying long-term demand for its luxury homes remain positive. Shares of WOLFSPEED are plunging 60% after the
Wall Street Journal reported that the maker of silicon-carbide wafers and semiconductor components is preparing to file for bankruptcy within weeks. KEYSIGHT TECHNOLOGIES shares are up 5%
after the IT test equipment maker more than doubled profit in the fiscal second quarter compared to a year ago as it reported growth in communications, semiconductors, and government sales.
Shares of NVIDIA are down 1% after the Financial Times reported that AI chipmaker's CEO Jensen Huang said the U.S. chip curbs on China were "a failure."