CrowdStrike is a buy, just not yet. Here's why
On top of the beat-and-raise, CrowdStrike announced a 4-for-1 stock split. But short-term thinkers sold the stock.
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On top of the beat-and-raise, CrowdStrike announced a 4-for-1 stock split. But short-term thinkers sold the stock.
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CrowdStrike shares have rallied nearly 60% this year on skyrocketing demand for cybersecurity in the age of advanced artificial intelligence.
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The business momentum is clear here, validating the stock's dramatic comeback to fresh highs.
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The beat comes on lowered expectations, after the company gave disappointing guidance in February that fell short of analyst estimates.
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Ulta Beauty beat on the top and bottom lines for its fiscal first quarter on Tuesday as CEO Kecia Steelman praised the company's strategy.
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Victoria's Secret has been in the midst of a turnaround under CEO Hillary Super, who said the company is winning over young shoppers across all incomes.
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CEO Antonio Neri told CNBC that the company is "uniquely positioned" to capture the disruption brought about by artificial intelligence.
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HPE's blowout second-quarter earnings report was highlighted by a strong Cloud & AI segment that showed soaring server revenue.
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Snowflake and Okta both saw record stock pops this week as investors found favor in their AI software strategies.
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Dell reported its fastest pace of revenue growth since returning to the public market in 2018, with AI server revenue soaring 757% over last year.
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SentinelOne reported earnings after the bell Thursday and issued lackluster guidance for the current quarter and full-year.
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It was not the best quarter, but far from bad.
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