Software Stock Extends Pullback Despite Earnings Beat

Nvidia (NVDA) is far from the only tech name making noise today, with traders' sights set on Palo Alto Networks Inc (NASDAQ:PANW). The stock was last seen down 3.5% to trade at $192.99, brushing off better-than-expected fiscal first-quarter earnings and revenue. The company's guidance was in line with expectations, while the cybersecurity firm also unveiled plans to buy Chronosphere for $3.35 billion. PANW has been struggling to maintain any positive momentum since hitting a record high of $223.61 on Oct. 2 ...