These Stocks Are Moving the Most Today: Salesforce, Okta, UBS, Chewy, Palantir, CrowdStrike, and More

Stock futures traded mostly higher as recent economic data have spurred hopes the Federal Reserve is nearing the end of its rates-hiking cycle. Investors will be awaiting the release Thursday of the central bank’s preferred inflation gauge, the Personal Consumption Expenditures Index.Salesforce , the cloud-based enterprise software provider, reported second-quarter earnings that beat analysts’ estimates and issued an outlook for the third quarter and fiscal year that also topped forecasts.

UBS Group gained 4.2% after the Swiss bank reported a second-quarter net profit of $29 billion following the integration of Credit Suisse, the former rival that was acquired in June. Palantir Technologies declined 4.3% to $15.63 after Morgan Stanley downgraded shares of the data-analytics software company to Underweight from Equal Weight. Analysts raised the price target to $9 from $8.

Arista Networks was rising 1.8% to $190.50 after analysts at Citi upgraded the provider of data center networking hardware to Buy from Neutral and raised the price target to $220 from $177.

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

These Stocks Are Moving the Most Today: Salesforce, Okta, UBS, CrowdStrike, Chewy, and MoreSalesforce issues an outlook for the third quarter and fiscal year better than analysts' forecasts, Okta raises its fiscal-year outlook, and UBS reports a...
Source: MarketWatch - 🏆 3. / 97 Read more »

Salesforce stock buoyed by outlook, Chewy shares slump and other stocks on the move.Salesforce.com, Okta, UBS and Chewy are stocks on the move.
Source: MarketWatch - 🏆 3. / 97 Read more »

Stocks making the biggest moves after hours: Salesforce, Okta, CrowdStrike, Five Below and moreThese are the stocks posting the largest moves in extended trading.
Source: NBCNewYork - 🏆 270. / 63 Read more »

European markets open higher following UBS earnings; UBS up 6%European markets opened higher as investors assess UBS earnings.
Source: CNBC - 🏆 12. / 72 Read more »

European markets open higher following UBS earnings; UBS up 5%European markets opened higher as investors assess UBS earnings.
Source: NBCLA - 🏆 319. / 59 Read more »

Okta Earnings Top Estimates as Management Cites Better IT SpendingThe identity-management software company raised its financial forecasts for the full year, but the CEO said the firm is cautious about the short-term outlook.
Source: MarketWatch - 🏆 3. / 97 Read more »