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We are watching Robin Hood, Nutanix, and Z-scaler. First up, Robin Hood.
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The company is launching a futures and derivatives exchange with market maker Susquahanna.
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Robin Hood’s rolled out a series of new offerings in recent years designed to meet the needs of retail investors.
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This move continues the company’s push into prediction markets. The new exchange expected to begin operations in 2026.
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Next is Nutanix. The cloud platform company cut its 2026 revenue forecast.
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It also forecast second quarter revenue below Wall Street expectations.
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JP Morgan analyst said delays in when the company recognizes revenue after booking are part of the reason for the revenue short haul, shortfall.
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They also note the results reflect a choppy macro backdrop.
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JP Morgan cut its price target to $65 from $78.
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And finally Z-scaler, the security software company forecast annual revenue that was in line with estimates.
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Analysts noted that the results were solid, but the stock is under pressure today.
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Shares of the cyber security player had rallied more than 60% year to date, but they pulled back heading into this latest earnings report.
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We’ll have more in the company’s results this afternoon when on Yahoo Finance with the CEO of Z-scaler, Jay Chaudhry, always a favorite of ours.
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down by 11% though the shares.