Fortinet’s stock is taking a dive after earnings. Here’s why.
Cybersecurity stocks are broadly falling as growth slows significantly in one of Fortinet’s business segments. Source：MarketWatch
Lumentum’s stock pops as investors cheer a possible sale to Marvell
An agreement between the companies could come next week, Bloomberg reported Source：MarketWatch
Bitcoin-backed mortgages are coming to Canada, but borrowers are still unaware of the cost
Prospective borrowers face collateral liquidation risks if bitcoin prices drop, though APX said property and crypto collateral will be handled distinctly.…
Chipotle expects modestly higher sales this year as drive-thru ‘Chipotlanes’ come to more stores
The fastcasual chain says menuprice increases helped results. It also noted rising beef costs and “higher protein usage” as people try to find ways to pack…
ServiceNow’s stock slides as earnings miss clouds a raised AI outlook
Even with an uptick in multimilliondollar AI deals, ServiceNow’s earnings results weren’t enough to win over software skeptics Source：MarketWatch
U.S. oil-refinery stocks are up roughly 150% this year. How long could this historic run last?
Analyst predicts the ‘mother of all maintenance seasons’ for refineries that have been running at high capacity Source：MarketWatch
The cost of money itself is on the ballot as voters struggle with pricey car loans, mortgages and credit-card debt
Interest rates aren’t expected to decline anytime soon, as the Federal Reserve holds steady on Wednesday. Source：MarketWatch
Why did the Fed hold off on raising interest rates? Warsh says it’s because an ‘information rich’ period is coming.
Federal Reserve Chairman Kevin Warsh addressed why the central bank didn’t raise interest rates on Wednesday. Source：MarketWatch
Here’s what just sent Oracle’s stock soaring
The company’s new financial targets paint a rosier picture of its AI economics than investors had feared. Source：MarketWatch
Elon Musk says he can build a wireless carrier in two to three years. Is that possible?
Verizon says there is ‘no magic wand,’ but analysts note SpaceX may be targeting some shortcuts. Source：MarketWatch
Gen Z voters told us the midterms will boil down to affording life, not social issues
MarketWatch talked to younger voters who said many life goals feel unattainable for their generation. Source：MarketWatch
I’m planning a trip to Europe. Is it dumb to take travel advice from influencers?
“How can I tell if something is a real experience in my price range?” Source：MarketWatch