Stocks making the biggest moves after hours: CrowdStrike, American Eagle Outfitters, Marvell Technology, GitLab and more
Check out the companies making headlines in after-hours trading. Pure Storage — Shares of the data management and storage company plunged nearly 9% after Pure Storage reported third-quarter adjusted earnings of 58 cents per share that matched consensus expectations, according to LSEG. The company posted revenue for the period of $964.5 million, up 16% year-over-year, […]
Stocks making the biggest moves midday: Maplebear, Boeing, Credo Technology, XPO, MongoDB & more
Check out the companies making the biggest moves midday: Maplebear — The parent company of Instacart fell nearly 4% after Amazon said it’s testing “ultra-fast” delivery of groceries in Seattle and Philadelphia. These deliveries take about 30 minutes or less, said Amazon. Boeing — The aerospace giant rose 8% after winning a $104.4 million U.S. […]
Stocks making the biggest moves premarket: MongoDB, Strategy, Signet Jewelers, Credo and more
Check out the companies making the biggest moves in premarket trading: MongoDB — Shares of the developer data platform soared 24% following strong third-quarter results. Adjusted earnings were $1.32 per share on revenue of $628 million, compared to earnings of 80 cents per share on $592 million in revenue expected by analysts polled by LSEG. […]
Kalshi makes move to court crypto traders with tokenized betting contracts
Crypto World Kalshi makes move to court crypto traders with tokenized betting contracts Published Mon, Dec 1 20252:38 PM ESTUpdated 20 Min Ago Liz Napolitano@LizKNapolitano WATCH LIVE Source
As regime change looms at the Fed, one candidate emerges as frontrunner for chair
Key Points National Economic Council Director Kevin Hassett has been dubbed the clear favorite for the next Federal Reserve chair. Asked Sunday about the situation, Trump told reporters aboard Air Force One, “I know who I am going to pick, yeah. We’ll be announcing it.” Whomever the actual pick is will take over a Fed […]
iPhone 17 will drive record Apple shipments in 2025, IDC says
Apple’s latest iPhone models are shown on display at its Regent Street, London store on the launch day of the iPhone 17. Arjun Kharpal | CNBC Apple will hit a record level of iPhone shipments this year driven by its latest models and a resurgence in its key market of China, research firm IDC has […]
We’re raising our CrowdStrike price target following a beat and raise quarter
CrowdStrike on Tuesday evening reported better-than-expected fiscal 2026 third-quarter results and forward guidance. The numbers, however, were not enough to power shares higher, given their roughly 24% advance since the cybersecurity company’s fiscal second-quarter print back in late August. That said, the latest beat and raise should help solidify recent stock gains and set the […]
Marvell to acquire Celestial AI for as much as $5.5 billion
Marvell Technology Group Ltd. headquarters in Santa Clara, California, on Sept. 6, 2024. David Paul Morris | Bloomberg | Getty Images Semiconductor company Marvell on Tuesday announced that it will acquire Celestial AI for at least $3.25 billion in cash and stock. The purchase price could increase to $5.5 billion if Celestial hits revenue milestones, […]
The stock market believes Google is now winning the AI race over OpenAI, Nvidia
Alphabet-owned Google just gained a leg up over OpenAI’s ChatGPT, according to recent stock market performance. Shares of Alphabet and its chip partner Broadcom are surging this quarter as its new version of Gemini AI was released, while proxies for the private OpenAI — Nvidia and Microsoft — underperform. Google, once considered an AI laggard, […]
Okta beats third-quarter earnings expectations
Okta on Tuesday topped Wall Street’s third-quarter estimates, but CEO Todd McKinnon said upside from its AI agents aren’t “fully baked” into results. Shares of the identity management provider fell as much as 3% in after-hours trading on Tuesday. Here’s how the company did versus LSEG estimates: Earnings per share: 82 cents adjusted vs. 76 […]
