Ptechhub
  • News
  • Industries
    • Enterprise IT
    • AI & ML
    • Cybersecurity
    • Finance
    • Telco
  • Brand Hub
    • Lifesight
  • Blogs
No Result
View All Result
  • News
  • Industries
    • Enterprise IT
    • AI & ML
    • Cybersecurity
    • Finance
    • Telco
  • Brand Hub
    • Lifesight
  • Blogs
No Result
View All Result
PtechHub
No Result
View All Result

Stocks making the biggest moves midday: CrowdStrike, Tesla, Dollar Tree, Thor Industries and more

By CNBC by By CNBC
June 4, 2025
Home Finance
Share on FacebookShare on Twitter


Check out the companies making headlines in midday trading: CrowdStrike — The cybersecurity stock was down nearly 7% after the company’s revenue forecast for the current quarter undershot analysts’ estimates. CrowdStrike said it expects revenue in the range between $1.14 billion and $1.15 billion, while analysts polled by LSEG were looking for $1.16 billion. Dollar Tree — The discount retailer slid 7%. Dollar Tree said adjusted earnings per share could see a pullback of as much as 50% in the current quarter on a year-over-year basis, while analysts polled by FactSet expected a 1.8% decline. The firm cited pressure from President Donald Trump’s tariffs as one of the headwinds affecting its earnings forecast. Thor Industries — Shares advanced 3% on the heels of better-than-expected third-quarter results. The recreational vehicle maker posted earnings of $2.53 per share on revenue of $2.89 billion, compared to the forecast $1.79 in earnings per share and $2.61 billion in revenue from analysts surveyed by FactSet. Tesla — Elon Musk’s electric vehicle company pulled back more than 3%. May sales data reflected a continued slump in Europe, including a 67% decline in France on a year-over-year basis and a 68% tumble in Portugal. Overall, Tesla shares have languished in 2025, falling 17% as the company faces tougher competition in China and political blowback from Musk’s work with the so-called Department of Government Efficiency. Asana — Shares plummeted more than 17% after the enterprise software company shared soft guidance. Asana sees second-quarter adjusted earnings ranging between 4 cents and 5 cents a share, and revenue ranging between $192 million and $194 million. Analysts polled by LSEG were looking for 4 cents per share in earnings on $193 million in revenue. Guidewire Software — The insurance technology provider surged 16% after its fiscal third-quarter earnings report surpassed Wall Street estimates. Guidewire reported adjusted earnings of 88 cents per share on revenue of $294 million, while analysts surveyed by LSEG anticipated 46 cents in earnings per share and $284 million in revenue. Constellation Energy — The energy stock shed 3% following a downgrade at Citigroup to neutral from buy. Constellation Energy agreed Tuesday to sell nuclear power to Meta Platforms. The bank said while the terms of the deal were not disclosed, it estimates the tech company will pay between $75 and $90 per megawatt-hour of electricity, which the firm said is “not a big premium for low carbon power.” Flowserve , Chart Industries — Shares of Flowserve fell more than 4%, and Chart Industries pulled back more than 6% following news that the companies agreed to combine in an all-stock merger of equals deal . Chart provides equipment for the cryogenic liquefaction of gases, while Flowserve is a major supplier of industrial machinery, including pumps and valves. — CNBC’s Alex Harring and Michelle Fox contributed reporting.



Source link

Tags: Asana IncBreaking News: MarketsBusinessbusiness newsChart Industries IncConstellation Energy CorpCrowdStrike Holdings IncDollar Tree IncEconomyFlowserve CorpGuidewire Software IncMarket InsiderMarketsregwall-marketmoversStock marketsTesla IncThor Industries Inc
By CNBC

By CNBC

Next Post
ConnectWise CEO: MSPs Essential When Cybercrime Is The ‘Third Largest Economy In The World’

ConnectWise CEO: MSPs Essential When Cybercrime Is The ‘Third Largest Economy In The World’

Recommended.

£150m AI framework agreement set to drive NHS forward | Computer Weekly

£150m AI framework agreement set to drive NHS forward | Computer Weekly

January 17, 2025
Suzanne Klopfenstein to Retire After 32 Years at Cox First Media

Suzanne Klopfenstein to Retire After 32 Years at Cox First Media

February 20, 2025

Trending.

⚡ Weekly Recap: Oracle 0-Day, BitLocker Bypass, VMScape, WhatsApp Worm & More

⚡ Weekly Recap: Oracle 0-Day, BitLocker Bypass, VMScape, WhatsApp Worm & More

October 6, 2025
Cloud Computing on the Rise: Market Projected to Reach .6 Trillion by 2030

Cloud Computing on the Rise: Market Projected to Reach $1.6 Trillion by 2030

August 1, 2025
Stocks making the biggest moves midday: Autodesk, PayPal, Rivian, Nebius, Waters and more

Stocks making the biggest moves midday: Autodesk, PayPal, Rivian, Nebius, Waters and more

July 14, 2025
The Ultimate MSP Guide to Structuring and Selling vCISO Services

The Ultimate MSP Guide to Structuring and Selling vCISO Services

February 19, 2025
Translators’ Voices: China shares technological achievements with the world for mutual benefit

Translators’ Voices: China shares technological achievements with the world for mutual benefit

June 3, 2025

PTechHub

A tech news platform delivering fresh perspectives, critical insights, and in-depth reporting — beyond the buzz. We cover innovation, policy, and digital culture with clarity, independence, and a sharp editorial edge.

Follow Us

Industries

  • AI & ML
  • Cybersecurity
  • Enterprise IT
  • Finance
  • Telco

Navigation

  • About
  • Advertise
  • Privacy & Policy
  • Contact

Subscribe to Our Newsletter

  • About
  • Advertise
  • Privacy & Policy
  • Contact

Copyright © 2025 | Powered By Porpholio

No Result
View All Result
  • News
  • Industries
    • Enterprise IT
    • AI & ML
    • Cybersecurity
    • Finance
    • Telco
  • Brand Hub
    • Lifesight
  • Blogs

Copyright © 2025 | Powered By Porpholio