Pg. We have to see more green on the screen. We have six points but the s p down 4 and the nasdaq down 40. All three averages are down more than 2 for the week. Thats the larger trend here. Shares of bloomin brands are gaining as starboard has built a 9. 9 stake in the company. The shares youre seeing popping about 6. 5 . Theyre up 18 over the past year. And the stock you heard about everyone is talking about it, what are they going to say, Palo Alto Networks, theyre reporting after the bell, first time in three years an s p 500 company has done that on a friday. Pretty rare. Trying to hide bad results . Q. Showcase good ones . A scheduling conflict . Well find ute more and get a preview coming up. The other story catching wall streets attention rising bond yields. The 10year hitting 4. 3 this week. Highest since last actually about the highest in 15 years really. What does it signal about the economy and how should investors position . Jim is president of Bianco Research and ron is a
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