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CrowdStrike Beats Earnings Estimates Amid AI Growth, Stock Falls

CrowdStrike Beats Earnings Estimates Amid AI Growth, Stock Falls

CrowdStrike Beats Earnings Estimates Amid AI Growth, Stock Falls
Reuters Reuters
CrowdStrike reports higher operating expenses as AI investments gain pace

CrowdStrike reports higher operating expenses as AI investments gain pace

June 3 (Reuters) - CrowdStrike reported a 15% jump in its first-quarter operating expenses on Wednesday, as the cybersecurity company ramps up investments in AI and product development. Shares of the company dropped 9% in extended trading.
Reuters Reuters
CrowdStrike drops as revenue growth fails to impress investors despite AI push

CrowdStrike drops as revenue growth fails to impress investors despite AI push

June 4 (Reuters) - CrowdStrike shares slid 11% in Thursday's premarket trading after the cybersecurity firm's annual recurring revenue (ARR) growth failed to impress investors expecting a boost from AI investments. The stock had rallied 60% in May.
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U.S. Stock Market Sees Record Gains Amid Anticipation of Economic Data

U.S. Stock Market Sees Record Gains Amid Anticipation of Economic Data

U.S. Stock Market Sees Record Gains Amid Anticipation of Economic Data
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Marvell Technology and Hewlett Packard Enterprise Lead Premarket Stock Surge

Marvell Technology and Hewlett Packard Enterprise Lead Premarket Stock Surge

Marvell Technology and Hewlett Packard Enterprise Lead Premarket Stock Surge
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Broadcom Reports Record Revenue and Profit Growth in Q2 2026, Driven by AI Demand

Broadcom Reports Record Revenue and Profit Growth in Q2 2026, Driven by AI Demand

Broadcom Reports Record Revenue and Profit Growth in Q2 2026, Driven by AI Demand
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Sam Altman Discusses AI IPO Race Amid Anthropic's Public Offering Plans

Sam Altman Discusses AI IPO Race Amid Anthropic's Public Offering Plans

Sam Altman Discusses AI IPO Race Amid Anthropic's Public Offering Plans
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Nvidia CEO Jensen Huang Predicts Marvell as Next Trillion-Dollar Company, Shares Surge

Nvidia CEO Jensen Huang Predicts Marvell as Next Trillion-Dollar Company, Shares Surge

Nvidia CEO Jensen Huang Predicts Marvell as Next Trillion-Dollar Company, Shares Surge
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Alphabet's $85 Billion Stock Sale Signals Strong Investor Appetite for AI

Alphabet's $85 Billion Stock Sale Signals Strong Investor Appetite for AI

Alphabet's $85 Billion Stock Sale Signals Strong Investor Appetite for AI
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Major U.S. Markets Hit Record Highs Amid AI Optimism

Major U.S. Markets Hit Record Highs Amid AI Optimism

Major U.S. Markets Hit Record Highs Amid AI Optimism
TheStreet TheStreet
Oppenheimer sends clear message on Broadcom ahead of earnings

Oppenheimer sends clear message on Broadcom ahead of earnings

Broadcom reports fiscal second-quarter earnings on June 3. The bar is high. The stock is up 80% over the past year and trades at 37 times forward earnings. One of the most respected semiconductor analysts on Wall Street just looked at all of that and said the company is likely to clear it anyway. ...
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Hewlett Packard Enterprise Reports Record Earnings, Shares Skyrocket

Hewlett Packard Enterprise Reports Record Earnings, Shares Skyrocket

Hewlett Packard Enterprise Reports Record Earnings, Shares Skyrocket