CrowdStrike reported better-than-expected earnings and revenue but its shares fell 10% in after-hours trading. This decline follows a similar reaction seen with Palo Alto Networks, where shares dropped despite positive financial results. Investors appear cautious, scrutinizing cybersecurity firms' earnings closely. CrowdStrike also announced a 4-for-1 stock split, aiming to make shares more accessible to investors.
U.S. stock futures showed mixed signals with S&P 500 futures down and Dow Jones up amid political tensions as the House passed a resolution limiting President Trump's military powers. Key stocks like Broadcom and CrowdStrike saw notable moves, with C...
The FTSE 100 fell 29 points to 10,304, dragged down by major banks like Prudential, HSBC, and Standard Chartered due to concerns over new US tariffs targeting China and geopolitical tensions in the Middle East. US markets showed mixed futures with te...
CrowdStrike reported fiscal Q1 earnings that slightly exceeded Wall Street estimates, with adjusted EPS of $1.10 versus $1.07 expected and revenue of $1.39 billion beating the $1.36 billion forecast. The company saw a 26% revenue increase year-over-y...
CrowdStrike reported Q1 revenue of $1.39 billion, up 26% year-over-year, surpassing analyst estimates of $1.36 billion. Adjusted earnings per share were $1.10, beating the $1.07 consensus. The company raised its FY27 net new annual recurring revenue ...
The S&P 500 has surged nearly 20% in nine weeks, but its nine-day winning streak may face a test as Broadcom and Crowdstrike report earnings after the bell. Broadcom, a chipmaker and software provider with a market cap over $2 trillion, has outperfor...
