Berkshire Hathaway’s class B shares were up slightly after Charlie Munger, Warren Buffett’s right-hand man and vice chairman of the investment conglomerate, died at 99 years old.
CrowdStrike Holdings third-quarter earnings and revenue beat analysts’ expectations and the cybersecurity company boosted its fiscal-year forecast. CrowdStrike said it expects adjusted profit of $2.95 to $2.96 a share in the fiscal year on revenue of about $3.05 billion. The stock was up 1.1%.
Fluence Energy was rising 19% after the company reported a surprise profit in its fiscal fourth quarter.
Intuit posted better-than-expected fiscal first-quarter profit and revenue but the company issued an earnings forecast for the second quarter below expectations. The stock was up 0.3%.
GameStop rose more than 14% premarket. Bullish GameStop call options in particular are seeing renewed volume, according to Cboe Global Markets data, as traders look ahead to the retailer’s quarterly results next week.
Jabil lowered its guidance for the fiscal first quarter and year as a whole due to softer demand for its products. Shares declined 5.1%.
Las Vegas Sands declined 5.6% after disclosing that Miriam Adelson sold $2 billion of stock and plans to use the proceeds to “fund the purchase of a majority interest in a professional sports franchise.”
Leslie’s fell 15% premarket after reporting another quarter of sliding sales. Shares are already down 52% this year.
Workday raised its outlook for the year after posting higher-than-expected revenue in the fiscal third quarter. The stock rose 7.6%.
