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K Wave Media Rises, Dollar Tree Warning, CrowdStrike Drops

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Manage episode 486880092 series 3654950
Content provided by iHeartPodcasts. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by iHeartPodcasts or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ppacc.player.fm/legal.

On this edition of Stock Movers:
- K Wave Media (KWM) shares more than tripled after the company said it would sell $500 million of shares to buy and stash bitcoin on its balance sheet.
- Dollar Tree (DLTR) shares are down as the company warned investors that its second-quarter profit could be down as much as 50% from a year ago as it deals with tariff-related costs. The retailer said the timing of expenses will weigh on adjusted earnings per share, including paying 145% levies on some products from China. The chain then expects profit to “re-accelerate” in the remainder of the year.
- CrowdStrike (CRWD) shares fell after the cybersecurity company projected revenue for the current period that trailed estimates, in its first financial update since announcing it would cut about 5% of its global workforce. Sales for the second quarter will be as much as $1.15 billion, the Austin-based company said in a statement Tuesday, missing the average analyst estimate of $1.16 billion.

See omnystudio.com/listener for privacy information.

  continue reading

424 episodes

Artwork
iconShare
 
Manage episode 486880092 series 3654950
Content provided by iHeartPodcasts. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by iHeartPodcasts or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ppacc.player.fm/legal.

On this edition of Stock Movers:
- K Wave Media (KWM) shares more than tripled after the company said it would sell $500 million of shares to buy and stash bitcoin on its balance sheet.
- Dollar Tree (DLTR) shares are down as the company warned investors that its second-quarter profit could be down as much as 50% from a year ago as it deals with tariff-related costs. The retailer said the timing of expenses will weigh on adjusted earnings per share, including paying 145% levies on some products from China. The chain then expects profit to “re-accelerate” in the remainder of the year.
- CrowdStrike (CRWD) shares fell after the cybersecurity company projected revenue for the current period that trailed estimates, in its first financial update since announcing it would cut about 5% of its global workforce. Sales for the second quarter will be as much as $1.15 billion, the Austin-based company said in a statement Tuesday, missing the average analyst estimate of $1.16 billion.

See omnystudio.com/listener for privacy information.

  continue reading

424 episodes

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