U.S. stock futures were higher this morning, with the Nasdaq futures gaining around 300 points on Thursday.
Shares ofPalo Alto Networks Inc(NASDAQ:PANW) fell 4.6% to $190.90 in pre-market trading following quarterly results.
Palo Alto Networks reported upbeat first-quarter financial results for fiscal 2026 and also raised its fiscal 2026 guidance. The company reported first-quarter revenue of $2.47 billion, beating analyst estimates of $2.46 billion. The company posted adjusted earnings of 93 cents per share for the first quarter, beating analyst estimates of 89 cents per share, according to Benzinga Pro.
Palo Alto also announced it entered into a definitive agreement to acquire...