CNBC’s Jim Cramer on Friday warned that a combination of rising interest rates, elevated oil prices, and a wave of new stock offerings could continue to pressure the market in the week ahead. “You’re looking at a market that’s hostage to interest rates and high oil, coupled with a monster amount of new stock coming …
CrowdStrike narrowly beat Wall Street’s fiscal first-quarter estimates after the bell on Wednesday, but shares dropped 9% following the report. Here’s how the company did versus LSEG estimates: Earnings per share: $1.10 adjusted vs. $1.07 expected Revenue: $1.39 billion vs. $1.36 billion estimate The cybersecurity company said revenue grew 26% from a year ago. Net …
Nikesh Arora, chief executive officer at Palo Alto Networks Inc., during the Raise summit in Paris, France, on Tuesday, July 8, 2025. Nathan Laine | Bloomberg | Getty Images Palo Alto Networks surpassed Wall Street’s fiscal third-quarter results as artificial intelligence threats drive demand for sophisticated cybersecurity tools. Shares popped 10%. Here’s how the company …
TAIPEI, Taiwan — Nvidia unveiled Monday new powerful chips that would bring advanced artificial intelligence functions into laptops and desktop computers, with the new personal computer models from brands including Microsoft and Dell set to roll out later this year. While Santa Clara, California-based Nvidia has already been massively successful in supplying high-end chips for …
Software stocks spiked ahead of Monday’s opening bell after Nvidia CEO Jensen Huang unveiled plans for a new chip that will power personal computers. Investors are piling into a range of computer-related names on the first trading day of June, with ServiceNow leading the premarket rise after soaring 14.4% ahead of the opening bell. IBM …
Sridhar Ramaswamy, CEO of Snowflake, helps ring The Closing Bell at the New York Stock Exchange on Sept. 30, 2025. NYSE The “SaaSpocalypse” may not be over. But for now at least, fears of software’s demise have cooled. Software stocks soared this week, driven by strong results from Snowflake and Okta, signaling that some companies …
This photograph shows the logo of the logo of SentinelOne during the 18th edition of the “InCyber” Forum, an international cyber security event, at the Grand Palais in Lille, northern France on April 1, 2026. Sameer Al-doumy | Afp | Getty Images SentinelOne shares sank 12% as the cybersecurity company laid off 8% of its …
CEO of Dell Technologies Michael Dell (L) speaks during a roundtable discussion with U.S. President Donald Trump in the Roosevelt Room at the White House on Dec. 10, 2025 in Washington, DC. Alex Wong | Getty Images Michael Dell bought into President Donald Trump‘s second term early. Now his hardware company Dell Technologies is closing …
Software stocks popped on Thursday after Snowflake said it plans to spend $6 billion on compute from Amazon and topped earnings estimates on artificial intelligence momentum. Shares of the software maker surged 35% and headed for its best day ever. The company is expanding its use of Amazon’s in-house chips for AI. Along with the …
Zscaler‘s stock plummeted more than 30% on Wednesday for its worst day ever after issuing underwhelming guidance that overshadowed better-than-expected fiscal third-quarter results. The cybersecurity company guided for 16% to 17% year-over-year annual recurring revenue growth for the 2027 fiscal year, falling short of StreetAccount estimates. Zscaler expects $875 million to $878 million in revenue …