Juniper Networks received an acquisition deal from Hewlett Packard Enterprise (HPE), which is expected to close in late 2024 or early 2025. Analyst upgrades to Buy.
With the earnings season now halfway through, the percentage of S&P 500 companies reporting positive earnings surprises and the magnitude of earnings surprises were above their 10-year averages.
Wall Street suffers a double blow in Thursday’s session, as softer-than-expected revenue forecasts from Meta Platforms Inc. (NASDAQ:META) are being compounded by weaker-than-expected economic growth and higher inflationary pressures last quarter, raising fears of a stagflation phase
The back-and-forth motion in the market continues, with the index futures pointing to a lower opening on Thursday. Meta Platforms, Inc.’s (NASDAQ:META)
Marvell Technology presents its optical technology approach for AI and cloud data centers at OFC 2024 in San Diego, and receives positive analyst ratings.
Nvidia and Meta Platforms, top AI plays and members of Magnificent 7, lead S&P 500 this year. Other AI stocks like Palo Alto, Fortinet, and Juniper also show strong growth potential.