At this rate, we may well have to wait until July 8 and the 90-day tariff “pause” expiration to see any volatility. Stocks could well be at new all-time highs by then if the trend continues to unfold.
Electronic measurement provider Keysight (NYSE:KEYS) reported Q1 CY2025 results exceeding the market’s revenue expectations, with sales up 7.4% year on year to $1.31 billion. Guidance for next quarter’s revenue was better than expected at $1.32 billion at the midpoint, 1.4% above analysts’ estimates. Its non-GAAP profit of $1.70 per share was 3.3% above analysts’ consensus estimates.
Cybersecurity provider Palo Alto Networks (NASDAQ:PANW) announced better-than-expected revenue in Q1 CY2025, with sales up 15.3% year on year to $2.29 billion. The company expects next quarter’s revenue to be around $2.5 billion, close to analysts’ estimates. Its non-GAAP profit of $0.80 per share was 3.6% above analysts’ consensus estimates.
Shares of eyewear retailer Warby Parker (NYSE:WRBY) jumped 17.5% in the afternoon session after Google announced a Smart Glasses partnership with the company (Warby Parker), mirroring the concept behind the Ray-Ban Meta collaboration.
