Check out the companies making headlines before the bell: Salesforce — Salesforce popped more than 9% after the cloud software company reported fiscal third-quarter earnings that beat analysts’ expectations. The company posted adjusted earnings of $2.11 per share on $8.72 billion in revenue. Salesforce also shared stronger-than-expected guidance for its fiscal fourth quarter. Nutanix — Nutanix shares climbed 8.8% after the computer software company reported fiscal first-quarter earnings that topped estimates. Nutanix posted adjusted earnings of 29 cents per share, more than the 17 cents per share expected by analysts polled by LSEG. Its revenue of $511 million also topped the $501 million consensus estimate. Snowflake — The cloud stock gained 7.7% after Snowflake’s third-quarter earnings surpassed analysts’ expectations. Snowflake posted adjusted earnings of 25 cents per share on revenue of $734 million. That was better than the earnings of 16 cents per share on revenue of $713 million expected by analysts polled by LSEG. It issued fourth-quarter product revenues guidance that also came in above expectations. Hewlett Packard Enterprise — Shares popped 4% after the company announced an expanded collaboration with Nvidia to build an enterprise computing solution for artificial intelligence. In addition, Morgan Stanley upgraded Hewlett Packard Enterprise to equal weight from underweight, saying further multiple compression is unlikely. Robinhood Markets — S …
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[mwai_chat context=”Let’s have a discussion about this article:nnCheck out the companies making headlines before the bell: Salesforce — Salesforce popped more than 9% after the cloud software company reported fiscal third-quarter earnings that beat analysts’ expectations. The company posted adjusted earnings of $2.11 per share on $8.72 billion in revenue. Salesforce also shared stronger-than-expected guidance for its fiscal fourth quarter. Nutanix — Nutanix shares climbed 8.8% after the computer software company reported fiscal first-quarter earnings that topped estimates. Nutanix posted adjusted earnings of 29 cents per share, more than the 17 cents per share expected by analysts polled by LSEG. Its revenue of $511 million also topped the $501 million consensus estimate. Snowflake — The cloud stock gained 7.7% after Snowflake’s third-quarter earnings surpassed analysts’ expectations. Snowflake posted adjusted earnings of 25 cents per share on revenue of $734 million. That was better than the earnings of 16 cents per share on revenue of $713 million expected by analysts polled by LSEG. It issued fourth-quarter product revenues guidance that also came in above expectations. Hewlett Packard Enterprise — Shares popped 4% after the company announced an expanded collaboration with Nvidia to build an enterprise computing solution for artificial intelligence. In addition, Morgan Stanley upgraded Hewlett Packard Enterprise to equal weight from underweight, saying further multiple compression is unlikely. Robinhood Markets — S …nnDiscussion:nn” ai_name=”RocketNews AI: ” start_sentence=”Can I tell you more about this article?” text_input_placeholder=”Type ‘Yes'”]
