{"id":9012,"date":"2024-12-04T15:06:51","date_gmt":"2024-12-04T15:06:51","guid":{"rendered":"https:\/\/finderica.com\/crm-fl-pstg-psqh-and-more\/"},"modified":"2024-12-04T15:06:51","modified_gmt":"2024-12-04T15:06:51","slug":"crm-fl-pstg-psqh-and-more","status":"publish","type":"post","link":"https:\/\/finderica.com\/?p=9012","title":{"rendered":"CRM, FL, PSTG, PSQH and more"},"content":{"rendered":"<div>\n<div data-test=\"articleBody-2\" data-analytics=\"RegularArticle-articleBody-5-2\">\n<p><span hidden=\"\" aria-hidden=\"true\" class=\"ArticleBody-extraData\"><span hidden=\"\" aria-hidden=\"true\" class=\"ArticleBody-extraData\"><span hidden=\"\" aria-hidden=\"true\" class=\"xyz-data\">Check out the companies making headlines before the bell: Salesforce \u2014 Shares rallied more than 12% after the enterprise software company posted a third-quarter revenue beat. Salesforce reported $9.44 billion in revenue, better than the $9.35 billion expected by analysts, according to LSEG. Subscription revenue also beat analyst expectations. Dollar Tree \u2014 The stock rose more than 4% following the discounter&#8217;s better-than-expected third-quarter results . Dollar Tree earned $1.12 per share on revenue of $7.56 billion. That&#8217;s better than the LSEG consensus estimates of $1.07 per share on $7.44 billion in revenue. The company also announced that CFO Jeff Davis would step down from his role. Pure Storage \u2014 Shares surged 21% after Pure Storage beat fiscal third-quarter estimates and highlighted it won a contract with a major tech company. CEO Charles Giancarlo told CNBC&#8217;s &#8221; Closing Bell: Overtime &#8221; said he expects the company could replace 90% of the customer&#8217;s storage to the company&#8217;s direct flash technology. Following the results, Piper Sandler upgraded Pure Storage to overweight from neutral. Foot Locker \u2014 The stock sank nearly 15% after the sneaker giant posted an earnings and revenue miss. Foot Locker also slashed its full-year sales and earnings guidance . The company cited a more promotional environment and softer demand outside of key selling periods. Okta \u2014 Shares rallied more than 13% after the identity and access management software company reported third quarter earnings and revenue that topped expectations. Okta also issued rosy fourth-quarter guidance. Adjusted earnings of 67 cents per share topped the expected 58 cents earnings per share, according to the LSEG consensus estimate. Revenue of $665 million exceeded the $650 million forecast. Marvell Technology \u2014 The integrated circuit maker jumped nearly 13% after Marvell beat third-quarter estimates and gave upbeat revenue guidance, leading several Wall Street firms to raise their price targets. JPMorgan, which assigned a target on the stock that reflects nearly 36% upside, sees continued AI and cyclical tailwinds into next year that it said should lead to a multi-quarter period of positive EPS revisions. PSQ Holdings \u2014 The owner of online marketplace PublicSquare saw shares falling 15% in premarket trading, a day after a monster rally. The stock surged 270% on Tuesday on news that Donald Trump Jr. joining the board of PSQ Holdings. Chewy \u2014 The pet supplies retailer slipped 6% after posting a profit of just 1 cent per share, while analysts polled by LSEG expected 8 cents per share. Chewy&#8217;s $2.88 billion revenue came in line with estimates. General Motors \u2013 Shares slid 1% after the Detroit automaker disclosed that a restructuring of its joint venture operations with SAIC Motor Corp. in China will cost more in $5 billion. Campbell&#8217;s \u2014 The stock fell 3% after Campbell Soup&#8217;s quarterly net sales missed expectations. The food company also named insider Mick Beekhuizen as its new chief executive officer. Roku \u2014 Shares jumped 4.4% after Needham analyst Laura Martin said the company will likely be bought for a &#8220;large premium&#8221; over the next 12 months. \u2014 CNBC&#8217;s Sean Conlon, Michelle Fox, Lisa Han, Yun Li and Pia Singh contributed reporting Correction: A previous version misspelled Campbell&#8217;s&#8217; name.<\/span><\/span><\/span><span class=\"HighlightShare-hidden\" style=\"top:0;left:0\"><\/span><\/p>\n<\/div>\n<\/div>\n<p><a href=\"https:\/\/www.cnbc.com\/2024\/12\/04\/stocks-making-the-biggest-moves-premarket-crm-fl-pstg-psqh-and-more.html\" target=\"_blank\" rel=\"noopener\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Check out the companies making headlines before the bell: Salesforce \u2014 Shares rallied more than 12% after the enterprise software company posted a third-quarter revenue beat. Salesforce reported $9.44 billion in revenue, better than the $9.35 billion expected by analysts, according to LSEG. Subscription revenue also beat analyst expectations. Dollar Tree \u2014 The stock rose<\/p>\n","protected":false},"author":1,"featured_media":9013,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"rank_math_lock_modified_date":false,"footnotes":""},"categories":[196],"tags":[3294,3315,3314],"class_list":{"0":"post-9012","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-finance-news","8":"tag-crm","9":"tag-psqh","10":"tag-pstg"},"_links":{"self":[{"href":"https:\/\/finderica.com\/index.php?rest_route=\/wp\/v2\/posts\/9012","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/finderica.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/finderica.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/finderica.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/finderica.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=9012"}],"version-history":[{"count":0,"href":"https:\/\/finderica.com\/index.php?rest_route=\/wp\/v2\/posts\/9012\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/finderica.com\/index.php?rest_route=\/wp\/v2\/media\/9013"}],"wp:attachment":[{"href":"https:\/\/finderica.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=9012"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/finderica.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=9012"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/finderica.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=9012"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}