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Palo Alto Networks, These 4 Major Retailers Highlight Earnings Calendar

Palo Alto Networks, These 4 Major Retailers Highlight Earnings Calendar

Retail sales for July rose 1% vs. views of 0.3% while a lower-than-expected count for weekly initial jobless claims quelled fears of a hard landing. Against that backdrop, several major retailers will report earnings the coming week, along with cybersecurity leader Palo Alto Networks. In a positive for the retail sector, Walmart increased its earnings outlook for the year.