Thursday, May 30, 2019

Palo Alto Networks forecasts current-quarter profit below estimates, shares fall

Cybersecurity company Palo Alto Networks Inc forecast current-quarter profit below analysts' estimates on Wednesday, largely due to expenses related to its recent acquisitions and a hit from tariffs, sending its shares down 5%.


from Reuters: Technology News https://reut.rs/2I5g5AC

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Softbank Group launches over $10 billion in bonds for OpenAI investment, term sheet shows

The dollar-denominated notes are split into 3-1/2-year, 5-1/2-year and 7-1/2-year tenors, while the euro-denominated bonds are split into 4-...