Check out the companies making headlines before the bell. Foot Locker — Shares tumbled about 9.7% after the sneaker retailer posted a holiday-quarter loss and provided weak guidance for the current year. Struggling to meet its financial goals, Foot Locker’s finance chief said the company is expecting its profitability goal, which it had announced during its March 2023 investor day, to now be delayed by two years. CrowdStrike — Shares jumped more than 23% after the cybersecurity company’s fourth-quarter earnings topped estimates. CrowdStrike’s adjusted earnings of 95 cents per share surpassed an LSEG consensus estimate of 82 cents per share. The firm’s $845 million in revenue was also higher than the estimated $839 million. On top of that, management reiterated a 2030 goal of $10 billion in annual recurring revenue. Palantir Technologies — Shares rallied 7.5% on news that Palantir received a contract from the U.S. Army worth $178.4 million to develop ten artificial intelligence-powered ground stations as part of a project called Titian, or Tactical Intelligence Targeting Access Node. ChargePoint — Shares dropped 5.5% after the electric vehicle charging station provider disappointed on guidance as well as revenue for the fourth quarter. ChargePoint expects first-quarter revenue to come out between $100 million and $110 million, while analysts polled by FactSet had expected $126.6 million. JD.com — Th …
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[mwai_chat context=”Let’s have a discussion about this article:nnCheck out the companies making headlines before the bell. Foot Locker — Shares tumbled about 9.7% after the sneaker retailer posted a holiday-quarter loss and provided weak guidance for the current year. Struggling to meet its financial goals, Foot Locker’s finance chief said the company is expecting its profitability goal, which it had announced during its March 2023 investor day, to now be delayed by two years. CrowdStrike — Shares jumped more than 23% after the cybersecurity company’s fourth-quarter earnings topped estimates. CrowdStrike’s adjusted earnings of 95 cents per share surpassed an LSEG consensus estimate of 82 cents per share. The firm’s $845 million in revenue was also higher than the estimated $839 million. On top of that, management reiterated a 2030 goal of $10 billion in annual recurring revenue. Palantir Technologies — Shares rallied 7.5% on news that Palantir received a contract from the U.S. Army worth $178.4 million to develop ten artificial intelligence-powered ground stations as part of a project called Titian, or Tactical Intelligence Targeting Access Node. ChargePoint — Shares dropped 5.5% after the electric vehicle charging station provider disappointed on guidance as well as revenue for the fourth quarter. ChargePoint expects first-quarter revenue to come out between $100 million and $110 million, while analysts polled by FactSet had expected $126.6 million. JD.com — Th …nnDiscussion:nn” ai_name=”RocketNews AI: ” start_sentence=”Can I tell you more about this article?” text_input_placeholder=”Type ‘Yes'”]
