{"id":51043,"date":"2023-08-21T07:20:29","date_gmt":"2023-08-21T11:20:29","guid":{"rendered":"https:\/\/ifintechworld.com\/markets\/palo-alto-meta-napco-security-nvidia-xpeng-zoom-video-and-more-market-movers\/"},"modified":"2023-08-21T07:20:31","modified_gmt":"2023-08-21T11:20:31","slug":"palo-alto-meta-napco-security-nvidia-xpeng-zoom-video-and-more-market-movers","status":"publish","type":"post","link":"https:\/\/ifintechworld.com\/?p=51043","title":{"rendered":"Palo Alto, Meta, Napco Security, Nvidia, XPeng, Zoom Video, and More Market Movers"},"content":{"rendered":"
\n
<\/p>\n

<\/p>\n

<\/p>\n<\/figure><\/div>\n

Stock futures on Monday pointed to a higher start for Wall Street following the
\n S&P 500
\n \u2018s third-consecutive losing week.
\n Nvidia
\n \u2018s earnings report this week will be a highlight as will remarks from Federal Reserve Chairman Jerome Powell at the central bank\u2019s annual conference in Jackson Hole, Wyo.\u00a0<\/p>\n

These stocks were poised to make moves Monday:\u00a0<\/p>\n

\n

\n Palo Alto Networks
\n (PANW), the cybersecurity, topped fiscal fourth-quarter earnings expectations, and its profit forecast for the first quarter also beat estimates. Palo Alto said Friday it expects first-quarter billings of $2.05 billion to $2.08 billion, up 17% to 19%. The company\u2019s fiscal 2024 forecasts for adjusted earnings and billings also were better than expectations. The stock was rising 13% in premarket trading.<\/p>\n

\n Meta Platforms
\n (META) is expected this week to launch of desktop version of its microblogging app Threads, a competitor to X, the former Twitter, The Wall Street Journal reported. When Threads launched in July, it became the fastest app to reach 100 million downloads, but its use has fallen in recent weeks. Shares of
\n Meta,<\/span>
\n the parent company of Facebook and Instagram, were up 0.5%.<\/p>\n

\n Napco Security Technologies
\n (NSSC), which makes electronic security equipment and wireless communication devices for intrusion and fire alarm systems, was falling 34% in premarket trading after saying it identified errors related to the calculation of cost of goods sold and inventory for each of the first three quarters of fiscal 2023.\u00a0Napco said inventories were overstated and cost of goods sold was understated \u201cresulting in overstated gross profit, operating income and net income for each period.\u201d<\/p>\n

U.S.-listed shares of
\n XPeng
\n (XPEV) were rising 5.8% to $15.85 after analysts at BofA raised their recommendation on the Chinese electric-vehicle maker to Buy from Neutral and lifted the price target to $22 from $16.30. The stock fell 4.3% on Friday after reporting second-quarter earnings and issuing solid third-quarter guidance. EV giant
\n Tesla
\n (TSLA) was rising 3.4%.<\/p>\n

\n Broadcom
\n (AVGO) rose 0.9% and
\n VMware
\n (VMW) gained 1.8% after the U.K.\u2019s Competition and Markets Authority cleared
\n Broadcom
\n \u2018s $69 billion acquisition of the cloud infrastructure company.<\/p>\n

\n Zoom Video Communications
\n (ZM) is scheduled to report second-quarter earnings after the stock market closes. Shares of the videoconferencing company were up 0.7%.<\/p>\n

In addition to
\n Nvidia
\n \u2018s report on Wednesday, companies reporting later this week include
\n Lowe\u2019s
\n \u00a0(LOW),
\n Snowflake
\n (SNOW),
\n Macy\u2019s
\n (M),
\n Toll Brothers
\n (TOL),
\n Advance Auto Parts
\n (AAP),\u00a0
\n Affirm
\n (AFRM),
\n Analog\u00a0Devices
\n \u00a0(ADI),
\n Baidu
\n (BIDU),
\n Dollar Tree
\n (DLTR),\u00a0
\n Intuit
\n (INTU),\u00a0and
\n Nordstrom
\n (JWN).<\/p>\n

Write to Joe Woelfel at\u00a0joseph.woelfel@barrons.com\u00a0<\/p>\n<\/p><\/div>\n<\/div>\n

Read the full article here<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Stock futures on Monday pointed to a higher start for Wall Street following the S&P 500 \u2018s third-consecutive losing week. Nvidia \u2018s earnings report this week will be a highlight as will remarks from Federal Reserve Chairman Jerome Powell at the central bank\u2019s annual conference in Jackson Hole, Wyo.\u00a0 These stocks were poised to make […]<\/p>\n","protected":false},"author":1,"featured_media":18306,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"gallery","meta":{"footnotes":""},"categories":[241],"tags":[83],"class_list":["post-51043","post","type-post","status-publish","format-gallery","has-post-thumbnail","hentry","category-markets","tag-featured","post_format-post-format-gallery"],"yoast_head":"\nPalo Alto, Meta, Napco Security, Nvidia, XPeng, Zoom Video, and More Market Movers | iFintechWorld<\/title>\n<meta name=\"description\" content=\"Stock futures on Monday pointed to a higher start for Wall Street following the S&P 500 \u2018s third-consecutive losing week. Nvidia \u2018s earnings report\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/ifintechworld.com\/?p=51043\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Palo Alto, Meta, Napco Security, Nvidia, XPeng, Zoom Video, and More Market Movers | iFintechWorld\" \/>\n<meta property=\"og:description\" content=\"Stock futures on Monday pointed to a higher start for Wall Street following the S&P 500 \u2018s third-consecutive losing week. Nvidia \u2018s earnings report\" \/>\n<meta property=\"og:url\" content=\"https:\/\/ifintechworld.com\/?p=51043\" \/>\n<meta property=\"og:site_name\" content=\"iFintechWorld\" \/>\n<meta property=\"article:published_time\" content=\"2023-08-21T11:20:29+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-08-21T11:20:31+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/06\/1685966520_social.jpeg\" \/>\n\t<meta property=\"og:image:width\" content=\"1280\" \/>\n\t<meta property=\"og:image:height\" content=\"640\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"News Room\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"News Room\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/ifintechworld.com\/?p=51043#article\",\"isPartOf\":{\"@id\":\"https:\/\/ifintechworld.com\/?p=51043\"},\"author\":{\"name\":\"News Room\",\"@id\":\"https:\/\/ifintechworld.com\/#\/schema\/person\/6224724fd4116361255b179dc5c70b61\"},\"headline\":\"Palo Alto, Meta, Napco Security, Nvidia, XPeng, Zoom Video, and More Market Movers\",\"datePublished\":\"2023-08-21T11:20:29+00:00\",\"dateModified\":\"2023-08-21T11:20:31+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/ifintechworld.com\/?p=51043\"},\"wordCount\":426,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/ifintechworld.com\/#organization\"},\"keywords\":[\"Featured\"],\"articleSection\":[\"Markets\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/ifintechworld.com\/?p=51043#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/ifintechworld.com\/?p=51043\",\"url\":\"https:\/\/ifintechworld.com\/?p=51043\",\"name\":\"Palo Alto, Meta, Napco Security, Nvidia, XPeng, Zoom Video, and More Market Movers | iFintechWorld\",\"isPartOf\":{\"@id\":\"https:\/\/ifintechworld.com\/#website\"},\"datePublished\":\"2023-08-21T11:20:29+00:00\",\"dateModified\":\"2023-08-21T11:20:31+00:00\",\"description\":\"Stock futures on Monday pointed to a higher start for Wall Street following the S&P 500 \u2018s third-consecutive losing week. Nvidia \u2018s earnings report\",\"breadcrumb\":{\"@id\":\"https:\/\/ifintechworld.com\/?p=51043#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/ifintechworld.com\/?p=51043\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/ifintechworld.com\/?p=51043#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/ifintechworld.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Palo Alto, Meta, Napco Security, Nvidia, XPeng, Zoom Video, and More Market Movers\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/ifintechworld.com\/#website\",\"url\":\"https:\/\/ifintechworld.com\/\",\"name\":\"Repay Down\",\"description\":\"Latest Personal Finance News, Tips and Updates\",\"publisher\":{\"@id\":\"https:\/\/ifintechworld.com\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/ifintechworld.com\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/ifintechworld.com\/#organization\",\"name\":\"Repay Down\",\"url\":\"https:\/\/ifintechworld.com\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/ifintechworld.com\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/04\/rep-logo-dark.png\",\"contentUrl\":\"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/04\/rep-logo-dark.png\",\"width\":558,\"height\":90,\"caption\":\"Repay Down\"},\"image\":{\"@id\":\"https:\/\/ifintechworld.com\/#\/schema\/logo\/image\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/ifintechworld.com\/#\/schema\/person\/6224724fd4116361255b179dc5c70b61\",\"name\":\"News Room\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/ifintechworld.com\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/04\/avatar_user_1_1682606986-96x96.png\",\"contentUrl\":\"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/04\/avatar_user_1_1682606986-96x96.png\",\"caption\":\"News Room\"},\"sameAs\":[\"https:\/\/ifintechworld.com\"],\"url\":\"https:\/\/ifintechworld.com\/?author=1\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Palo Alto, Meta, Napco Security, Nvidia, XPeng, Zoom Video, and More Market Movers | iFintechWorld","description":"Stock futures on Monday pointed to a higher start for Wall Street following the S&P 500 \u2018s third-consecutive losing week. Nvidia \u2018s earnings report","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/ifintechworld.com\/?p=51043","og_locale":"en_US","og_type":"article","og_title":"Palo Alto, Meta, Napco Security, Nvidia, XPeng, Zoom Video, and More Market Movers | iFintechWorld","og_description":"Stock futures on Monday pointed to a higher start for Wall Street following the S&P 500 \u2018s third-consecutive losing week. Nvidia \u2018s earnings report","og_url":"https:\/\/ifintechworld.com\/?p=51043","og_site_name":"iFintechWorld","article_published_time":"2023-08-21T11:20:29+00:00","article_modified_time":"2023-08-21T11:20:31+00:00","og_image":[{"width":1280,"height":640,"url":"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/06\/1685966520_social.jpeg","type":"image\/jpeg"}],"author":"News Room","twitter_card":"summary_large_image","twitter_misc":{"Written by":"News Room","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/ifintechworld.com\/?p=51043#article","isPartOf":{"@id":"https:\/\/ifintechworld.com\/?p=51043"},"author":{"name":"News Room","@id":"https:\/\/ifintechworld.com\/#\/schema\/person\/6224724fd4116361255b179dc5c70b61"},"headline":"Palo Alto, Meta, Napco Security, Nvidia, XPeng, Zoom Video, and More Market Movers","datePublished":"2023-08-21T11:20:29+00:00","dateModified":"2023-08-21T11:20:31+00:00","mainEntityOfPage":{"@id":"https:\/\/ifintechworld.com\/?p=51043"},"wordCount":426,"commentCount":0,"publisher":{"@id":"https:\/\/ifintechworld.com\/#organization"},"keywords":["Featured"],"articleSection":["Markets"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/ifintechworld.com\/?p=51043#respond"]}]},{"@type":"WebPage","@id":"https:\/\/ifintechworld.com\/?p=51043","url":"https:\/\/ifintechworld.com\/?p=51043","name":"Palo Alto, Meta, Napco Security, Nvidia, XPeng, Zoom Video, and More Market Movers | iFintechWorld","isPartOf":{"@id":"https:\/\/ifintechworld.com\/#website"},"datePublished":"2023-08-21T11:20:29+00:00","dateModified":"2023-08-21T11:20:31+00:00","description":"Stock futures on Monday pointed to a higher start for Wall Street following the S&P 500 \u2018s third-consecutive losing week. Nvidia \u2018s earnings report","breadcrumb":{"@id":"https:\/\/ifintechworld.com\/?p=51043#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/ifintechworld.com\/?p=51043"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/ifintechworld.com\/?p=51043#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/ifintechworld.com\/"},{"@type":"ListItem","position":2,"name":"Palo Alto, Meta, Napco Security, Nvidia, XPeng, Zoom Video, and More Market Movers"}]},{"@type":"WebSite","@id":"https:\/\/ifintechworld.com\/#website","url":"https:\/\/ifintechworld.com\/","name":"Repay Down","description":"Latest Personal Finance News, Tips and Updates","publisher":{"@id":"https:\/\/ifintechworld.com\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/ifintechworld.com\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/ifintechworld.com\/#organization","name":"Repay Down","url":"https:\/\/ifintechworld.com\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/ifintechworld.com\/#\/schema\/logo\/image\/","url":"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/04\/rep-logo-dark.png","contentUrl":"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/04\/rep-logo-dark.png","width":558,"height":90,"caption":"Repay Down"},"image":{"@id":"https:\/\/ifintechworld.com\/#\/schema\/logo\/image\/"}},{"@type":"Person","@id":"https:\/\/ifintechworld.com\/#\/schema\/person\/6224724fd4116361255b179dc5c70b61","name":"News Room","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/ifintechworld.com\/#\/schema\/person\/image\/","url":"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/04\/avatar_user_1_1682606986-96x96.png","contentUrl":"https:\/\/ifintechworld.com\/wp-content\/uploads\/2023\/04\/avatar_user_1_1682606986-96x96.png","caption":"News Room"},"sameAs":["https:\/\/ifintechworld.com"],"url":"https:\/\/ifintechworld.com\/?author=1"}]}},"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/ifintechworld.com\/index.php?rest_route=\/wp\/v2\/posts\/51043","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ifintechworld.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ifintechworld.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ifintechworld.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/ifintechworld.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=51043"}],"version-history":[{"count":1,"href":"https:\/\/ifintechworld.com\/index.php?rest_route=\/wp\/v2\/posts\/51043\/revisions"}],"predecessor-version":[{"id":51044,"href":"https:\/\/ifintechworld.com\/index.php?rest_route=\/wp\/v2\/posts\/51043\/revisions\/51044"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ifintechworld.com\/index.php?rest_route=\/wp\/v2\/media\/18306"}],"wp:attachment":[{"href":"https:\/\/ifintechworld.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=51043"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ifintechworld.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=51043"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ifintechworld.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=51043"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}