With US stock futures trading higher this morning on Wednesday, some of the stocks that may grab investor focus today are as follows:
- CrowdStrike Holdings Inc forecast fourth-quarter revenue below Wall Street estimates, as an economic downturn hit spending for its cyber security services. Shares of the Austin, Texas-based company tumbled 20.9% to $109.12 in premarket trading Wednesday.
- Wall Street expects XPeng to report quarterly earnings at $-0.36 per share on revenue of $1.01 billion before the opening bell. XPeng shares jumped 12.5% to $8.26 in premarket trading Wednesday.
- Analysts are expecting Salesforce, Inc. to have earned $1.21 per share on revenue of $7.82 billion for the latest quarter. The company will release earnings after the markets close. Salesforce shares rose 0.7% to $152.75 in premarket trading Wednesday.
- Workday, Inc. reported better-than-expected earnings for its third quarter on Tuesday. Workday shares jumped 8.5% to $155.50 in the after-hours trading session Tuesday.
- Wall Street expects Hormel Foods Corporation to report quarterly earnings at $0.50 per share on revenue of $3.38 million before the opening bell. Hormel Foods shares fell 0.6% to $47.90 in after-hours trading Tuesday.
- Hewlett Packard Enterprise Company posted upbeat results for its fourth quarter and issued strong forecast for the first quarter. Hewlett Packard Enterprise shares gained 3.5% to $16 in premarket trading Wednesday.
- Analysts expect Donaldson Company, Inc. to post quarterly earnings at $0.71 per share on revenue of $827.04 million before the opening bell. Donaldson shares dropped 2.7% to $57.58 in after-hours trading Tuesday.