Close Menu
  • Home
  • Finance News
  • Personal Finance
  • Investing
  • Cards
    • Credit Cards
    • Debit
  • Insurance
  • Loans
  • Mortgage
  • More
    • Save Money
    • Banking
    • Taxes
    • Crime
What's Hot

EarnIn launches Early Pay for paychecks | PaymentsSource

March 21, 2025

How to Retire Like an Adult: An 11-Point Checklist for Responsible Freedom

March 21, 2025

How Trump’s Chaos Is Exacerbating The Financial Woes Of Colleges

March 21, 2025
Facebook X (Twitter) Instagram
Facebook X (Twitter) Instagram
InCapital Direct
Subscribe
  • Home
  • Finance News
  • Personal Finance
  • Investing
  • Cards
    • Credit Cards
    • Debit
  • Insurance
  • Loans
  • Mortgage
  • More
    • Save Money
    • Banking
    • Taxes
    • Crime
InCapital Direct
Home»Finance News»Stocks making the biggest moves premarket: ORCL, ALK, MDB, HQY
Finance News

Stocks making the biggest moves premarket: ORCL, ALK, MDB, HQY

December 10, 2024No Comments4 Mins Read
Facebook Twitter LinkedIn Telegram Pinterest Tumblr Reddit WhatsApp Email
Stocks making the biggest moves premarket: ORCL, ALK, MDB, HQY
Share
Facebook Twitter LinkedIn Pinterest Email

Check out the companies making headlines before the bell: Oracle — The database software company slid roughly 7% after posting fiscal second-quarter earnings and revenue that lagged analysts’ estimates. Oracle also issued guidance for the current quarter, calling for revenue growth of 7% to 9% and adjusted earnings of $1.50 to $1.54 per share, saying foreign exchange rates will hurt revenue by 2% and knock earnings per share by 3 cents. MongoDB — The database platform tumbled 7% after Chief Financial Officer and Chief Operating Officer Michael Gordon stepped down effective Jan. 31. However, the stock posted a fiscal third-quarter earnings and revenue beat and raised its fourth-quarter forecast. MongoDB now expects its adjusted earnings to come in between 62 cents and 65 cents per share, higher than the consensus of 58 cents per share, according to LSEG. The firm also guided for revenue between $515 million and $519 million, against the expected $509 million. Alaska Air Group — The Seattle-based carrier guided Q4 results higher and set a $1 billion buyback, sending the stock 11% higher. Alaska Airlines, which is also planning new nonstop flights next year to Tokyo and Seoul from Seattle, expects profits to grow by $1 billion through 2027. American Airlines — The Fort Worth-based legacy carrier gained nearly 3% following an upgrade at Bernstein to outperform from market perform. The firm said the improving industry backdrop and American Airlines’ new credit card deal improves the outlook. C3.ai — The enterprise artificial intelligence software company rose 2% after reporting a fiscal second-quarter adjusted loss of 6 cents, smaller than the loss of 16 cents per share analysts polled by LSEG had estimated. Revenue of $94 million also topped a $91 million consensus forecast. Braze — The customer engagement platform shed nearly 4% after third-quarter earnings and revenue beat Street expectations, while non-GAAP gross margin narrowed to 70.5% from 71.4% a year ago. Braze, which had rallied 21% over the past month going into the results, also posted a range for its fourth-quarter revenue that encompassed Wall Street’s estimate of $155.2 million. HealthEquity — Shares fell 6% after the health savings account custodian forecast revenue of between $1.275 billion and $1.295 billion for the fiscal year ending Jan. 31, 2026, lower than the $1.32 billion analysts had estimated, according to FactSet. Toll Brothers — Shares of the homebuilder fell 4% after a key profit margin missed expectations. Toll’s unadjusted homebuilding gross margin was 26.0% in the fourth quarter that ended Oct. 31, below the 26.5% expected by analysts, according to FactSet, and down from 27.5% a year earlier. eBay — The e-commerce stock slipped 3% following a downgrade to underperform from hold at Jefferies. Analyst John Colantuoni said decelerating advertising revenue and a China slowdown could weigh on future growth. Centene — The health insurer dropped nearly 2% after Jefferies downgraded Centene to underperform, citing health insurance exchange, or HIX, concerns as a catalyst. Analyst David Windley wrote that CNC’s HIX premiums doubled from 2021 and 2024, and he sees an “unwind of this high and profitable growth as the near-term and long-term regulatory environment becomes more hostile.” Pinterest — The online image platform saw shares decline more than 2% in early trading after Piper Sandler downgraded to neutral from overweight. The Wall Street firm moved to the sidelines following two quarters of mixed results, while its advertising survey showed stiff competition. CoreCivic — Shares gained 2.9% after Wedbush Securities upgraded the private prison operator to outperform from neutral, saying the mass deportations promised by President-elect Donald Trump are a positive. “We now believe that the need for incremental [Immigration and Customs Enforcement] beds could be even higher than previously expected, and that this need for beds could result in a reactivation of the lost South Texas contract,” analyst Brian Violino wrote. Norwegian Cruise Line — Shares climbed 3.2% on the back of a Goldman Sachs upgrade to buy from neutral. Goldman said the Miami-based cruise line has improved as a business and deserves a higher price-to-earnings multiple. — CNBC’s Michelle Fox, Alex Harring, Yun Li, Sarah Min, Jesse Pound and Pia Singh contributed reporting.

See also  The biggest risks of trading options: 7 key things to watch out for

Source link

ALK Biggest HQY Making MDB Moves ORCL premarket stocks
Share. Facebook Twitter Pinterest LinkedIn Tumblr Telegram Email
Previous ArticleOpen banking is here, but consumers need to know why it matters
Next Article Simple Tips To Maximize The Tax Benefits Of Your Charitable Giving

Related Posts

How Trump’s Chaos Is Exacerbating The Financial Woes Of Colleges

March 21, 2025

Student loans will be handled by Small Business Administration: Trump

March 21, 2025

Student Loan Recertification Extensions Announced For Borrowers

March 21, 2025
Add A Comment
Leave A Reply Cancel Reply

Top Posts

How to know what a “good” interest rate is today

November 26, 2024

Down Payment Assistance Programs May Be Affected by Federal Funding Pause

January 30, 2025

How to pick the best 529 plan

October 25, 2024
Ads Banner

Subscribe to Updates

Subscribe to Get the Latest Financial Tips and Insights Delivered to Your Inbox!

Stay informed with our finance blog! Get expert insights, money management tips, investment strategies, and the latest financial news to help you make smart financial decisions.

We're social. Connect with us:

Facebook X (Twitter) Instagram YouTube
Top Insights

EarnIn launches Early Pay for paychecks | PaymentsSource

March 21, 2025

How to Retire Like an Adult: An 11-Point Checklist for Responsible Freedom

March 21, 2025

How Trump’s Chaos Is Exacerbating The Financial Woes Of Colleges

March 21, 2025
Get Informed

Subscribe to Updates

Subscribe to Get the Latest Financial Tips and Insights Delivered to Your Inbox!

© 2025 incapitaldirect.com - All rights reserved.
  • Contact
  • Privacy Policy
  • Terms & Conditions

Type above and press Enter to search. Press Esc to cancel.