CrowdStrike Holdings Inc

Lisa Su, president and CEO of AMD, during an interview with Mad Money, broadcasting from CNBC's San Francisco bureau on November 21, 2019.Jacob Jimenez | CNBCThe big winner for investors this year in the generative AI boom has been Nvidia. The company's stock price rocketed 234% as demand soared for the chipmaker's processors that are designed to handle the hefty compute loads required to train and run large language models.The LLMs from Microsoft-backed OpenAI and others relying on Nvidia's technology can turn users'…

Salesforce signage outside office building in New York.Scott Mlyn | CNBCCheck out the companies making the biggest premarket moves:Advanced Micro Devices — The semiconductor maker rallied nearly 3% after being upgraded by Barclays to overweight from equal weight, which said it sees potential upside from direct-current and generative artificial intelligence. The firm also upgraded Qualcomm and Seagate Technology to overweight from equal weight. Qualcomm and Seagate both gained more than 2%.Wayfair — The online retailer…

People walk by a Walgreens, owned by the Walgreens Boots Alliance, Inc., in New York City, November 26, 2021.Andrew Kelly | ReutersCheck out the companies making headlines and moves in premarket trading.Walgreens Boots Alliance — The drugstore stock fell about 2% in premarket even after the company reported fiscal first quarter earnings that beat analyst estimates. The company also raised its full-year revenue outlook partly due to its U.S. health care segment's acquisition of Summit Health.Amazon — Amazon's stock gained…

CrowdStrike IPO at the Nasdaq exchange June 12, 2019.Source: NasdaqCheck 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 99 cents on $1.6 billion in revenue, where analysts expected adjusted earnings of 84 cents per share and $1.59 billion in revenue, per Refinitiv.CrowdStrike — CrowdStrike Holdings plunged more than 18% after…

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 truly strong, then the Fed heads will come out of the woodwork and start talking about how we need more enormous rate hikes," he said.Stocks slid on Monday to start the week, weighed down by protests against Covid restrictions in…

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 said. "That said, some of them might be worth keeping, but only the highest quality names."Here is his list of keepers:CrowdStrikeDatadogServiceNowHonorable mentions, which he likes but doesn't necessarily recommend buying, include…

Adobe is paying 2021 prices. It's 2022.Wall Street hates it. Silicon Valley is thrilled.related investing newsNeedham says buy Snowflake as potential new uses for its platform can boost the stock by 20%In a year that's featured exactly zero high-profile tech IPOs and far more headlines about mass layoffs than big funding rounds, Adobe's $20 billion acquisition of Figma on Thursday is what some might call a narrative violation. There was no other bidder out there driving up the price, according to a person familiar with…

FedEx received its first five of an order of 500 electric Light Commercial Vehicles (eLCVs) from BrightDrop.Courtesy: FedexCheck out the companies making headlines in midday trading.FedEx – Shares of the delivery giant slid about 22% after the company preannounced disappointing results for the recent quarter, citing weakness in global shipment volumes, and several Wall Street analysts downgraded the stock. CEO Raj Subramaniam said he expects the economy to enter a "worldwide recession" on CNBC's "Mad Money" Thursday.…

CrowdStrike IPO at the Nasdaq exchange June 12, 2019.Source: NasdaqEconomic concerns were a major theme across the technology industry during second-quarter earnings season, as companies cautioned about slower spending on ads, gadgets, e-commerce and software. But with interest rates rising and inflation stuck near a 40-year high, one part of the tech sector is still showing booming demand: cybersecurity. Earnings reports this week from CrowdStrike and SentinelOne pleasantly surprised Wall Street, and both companies,…

Check out the companies making headlines before the bell:Designer Brands (DBI) – The footwear and accessories retailer reported better-than-expected profit and revenue for its latest quarter and raised its full-year outlook. Designer Brands added 1.8% in the premarket.Express (EXPR) – The apparel retailer's shares slid 4.7% in premarket trading after its quarterly revenue missed estimates and it cut its full-year guidance. Express noted challenging economic conditions that worsened as the quarter progressed.Chewy (CHWY) –…