Zscaler stock drops 10% on conservative guidance, as it’s taking longer to close deals

Zscaler Inc. stock fell in the extended session Thursday after the cybersecurity company said longer sales cycles and other headwinds contributed to its conservative guidance, one slightly above the Wall Street consensus. Zscaler  ZS, +8.28% shares dropped 10% after hours, following an 8.3% gain in the regular session to close at $144.50. Zscaler said it … Read more

TuSimple Fires CEO Xiaodi Hou Amid Federal Probes

TuSimple Fires CEO Xiaodi Hou Amid Federal Probes

The Dow soars, Big Tech tumbles: What’s next for stocks as investors await Fed guidance

The past week offered a tale of two markets, with gains for the Dow Jones Industrial Average putting the blue-chip gauge on track for its best October on record while Big Tech heavyweights suffered a shellacking that had market veterans recalling the dot-com bust in the early 2000s. “You have a tug of war,” said … Read more

Mobileye IPO: 5 things to know about the Intel autonomous-driving spinoff

While Intel INTC, +0.70% executives reportedly dreamed of a valuation as high as $50 billion, the market for initial public offerings has crashed in 2022 after a record year in 2021, and expectations have taken a dive. In filings with the Securities and Exchange Commission, Intel has said that it is looking to sell at … Read more

Why stock-market investors fear ‘something else will break’ as Fed attacks inflation

Some investors are on edge that the Federal Reserve may be overtightening monetary policy in its bid to tame hot inflation, as markets look ahead to a reading this coming week from the Fed’s preferred gauge of the cost of living in the U.S.   “Fed officials have been scrambling to scare investors almost every … Read more

Roblox stock rockets 20% on ‘impressive’ turnaround from yearlong slide

Roblox Corp. shares headed for their best performance in nearly a year Monday, after the youth-oriented social-media platform reported figures for September that suggested a turnaround from a yearlong slog. Roblox RBLX, +22.16% reported September bookings and daily active user figures Monday that suggested a better-than-expected trajectory for the quarter, and shares took off. By … Read more

Why It’s Time to Buy This Uranium Miner’s Stock

Heading into this past week, uranium miner Cameco was that rare stock in the market: It had posted a double-digit gain in 2022. One deal made those gains disappear—and created a buying opportunity. At first glance, there didn’t seem to be all that much that was controversial about the joint venture Cameco (ticker: CCJ) announced … Read more

8 Mining Stocks: Why Their Long-Term Outlook Is Bright

The world needs metals like copper, iron, and cobalt, but investors don’t seem to need mining stocks. They should reconsider. Investor reluctance is understandable. Why get exposure to an industry whose profits hinge on the health of industrial activity when the global economy seems headed for a downturn that would probably send metal prices lower?

It’s Time to Buy Tech Again. Here Are 20 Stocks to Start With.

One cruel truth the stock market confirmed this past week is that trying to pick the bottom for technology stocks is a fool’s errand. The Nasdaq Composite terrible September—it was down 10.5% on the month—has made the bottom-fishing that took place over the summer look ill-advised. As I’ve noted before, the first downturn in tech … Read more

Dow futures jump over 300 points on bets market is oversold after blue-chip gauge falls into bear market

U.S. stock-index futures on Tuesday pointed to Wall Street bouncing off a 21-month low and snapping a five-day losing streak as recent volatility in global bond and currency markets subsided. How are stock-index futures trading Futures on the Dow Jones Industrial Average YM00, +1.06% climbed 321 points, or 1.1%, to 29,664. S&P 500 futures ES00, … Read more