$Target (TGT.US)$ options trading jumped amid increasing demand for protection against continued slump for a stock that has already plunged by more than 21% after posting its biggest earnings miss since 2022.
Shares tumbled to $121.18 at 12:02 p.m., poised for the lowest close in a year, after the company reporting Wednesday morning a 12% decline in adjusted earnings to $1.85 for its fiscal third quarter that ended Nov. 2 ...

$Palo Alto Networks (PANW.US)$ shares slipped in extended trading after the company failed to deliver an outlook that blew past analysts' estimates.
The company forecast second quarter adjusted earnings to reach $1.54 to $1.56 a share in its fiscal second quarter, the midpoint of which is just in line with the $1.55 adjusted earnings expected by analysts, estimates compiled by Bloomberg show. Revenue was seen reaching $2...

The market was mixed Wednesday, with tech holding its breath. The S&P 500 closed flat. Nvidia earnings came out with revenue and adjusted EPS beat, but forward guidance was below mid-point estimates, sending the stock lower by 2% or so.
At 4:01 p.m. ET, the $Nasdaq Composite Index (.IXIC.US)$ was off 0.32%. The $Dow Jones Industrial Average (.DJI.US)$ was up 0.32% and $S&P 500 Index (.SPX.US)$ was flat for the day, climbing ju...

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