Applied Materials, Palo Alto tumble as their earnings projections disappoint

Applied Materials (AMAT) and Palo Alto Networks (PANW) both fell in after-hours trading in New York on Thursday despite beating expectations for revenue and profit as their guidance for current-quarter earnings disappointed investors.

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​Applied Materials (AMAT) and Palo Alto Networks (PANW) both fell in after-hours trading in New York on Thursday despite beating expectations for revenue and profit as their guidance for current-quarter earnings disappointed investors.Read more…