[ad_1] It’s time to take a step back from CrowdStrike Holdings after the cybersecurity company’s latest earnings report, according to Stifel. Analyst Brad R. Reback downgraded the cybersecurity stock to hold from buy, saying that the company’s latest quarterly results showed CrowdStrike was hurt by a challenging macro backdrop. The …
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[ad_1] CrowdStrike IPO at the Nasdaq exchange June 12, 2019. Source: Nasdaq Check out the companies making headlines in after-hours trading. Workday — Workday gained 6% postmarket Tuesday after earnings beat Wall Street estimates on both the top- and bottom lines. The software vendor reported adjusted earnings per share of …
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[ad_1] CNBC’s Jim Cramer on Monday told investors that a key labor report could help drive the Federal Reserve’s inflation strategy. “We need to see the unemployment rate go higher, while wages remain stable and we get meaningful layoffs in some industries. If that doesn’t happen, if the numbers are …
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[ad_1] CNBC’s Jim Cramer on Friday offered a list of stock picks for investors who are bullish on cloud computing but cautioned that he believes there’s more pain to come. “I recommend using this incredible rebound actually as a rare opportunity to sell the weaker cloud stocks into strength,” he …
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