Shares of leading cybersecurity pure-play Palo Alto Networks (NASDAQ: PANW) are up 35% so far in 2023. Thank PANW's fast and consistent growth, and improving profit margins. After the latest quarterly update, there's still a lot to like about Palo Alto Networks' long-term prospects. Read More...
Reuters
Fisker reports higher orders, maintains annual production target
Demand for electric vehicles has surged globally as countries seek to tackle climate change by opting for cleaner transport options and setting net-zero carbon emissions targets. Fisker said reservations for the first model of Ocean rose to more than 65,000 as of Feb. 24, 2023, from 62,000 as of Oct. 31, 2022. Fisker reiterated the production target of 42,400 cars with its manufacturing partner Magna International’s Austrian unit in 2023, but said the forecast is dependent on supply chain deliveries as per its projection and timely homologation process.
