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Stocks Rally As Jobs Report Rekindles Rate Cut Hopes, Apple Rockets, Bitcoin Soars Above $61,000: What’s Driving Markets Friday?

By Piero Cingari
May 3, 1:51 PM
A weaker-than-expected jobs report sparked a widespread market rally in the last session of the week, as traders increased expectations on potential interest rate cuts later this year.

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Cybersecurity Firm Fortinet Q1 Earnings: Product Revenue Falls, Billings Fall, Robust Outlook

By Erica Kollmann
May 2, 5:24 PM
Fortinet reported quarterly earnings of 43 cents per share which beat the analyst consensus estimate of 38 cents by 13.16%. Quarterly sales came in at $1.35 billion, beating the analyst consensus estimate of $1.338 billion and representing a 6.97% increase over sales of $1.262 billion from the same period last year.

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