Check out the companies making headlines before the bell. Oracle – The database software company fell nearly 7% after posting fiscal second-quarter earnings and revenue that missed analysts' estimates. Oracle also issued guidance for the current quarter, calling for revenue growth of 7% to 9% and adjusted earnings of $1.50 to $1.54 per share, saying foreign exchange rates would hurt revenue by 2% and hit earnings per share by 3 cents per share. MongoDB – The database platform fell 7% after CFO and COO Michael Gordon stepped down effective January 31. However, the stock reported superior fiscal third-quarter earnings and revenue and raised its forecast for the fourth quarter. MongoDB now expects its adjusted earnings to be between 62 to 65 cents per share, above the consensus of 58 cents per share, according to LSEG. The company also directed revenues of $515 million to $519 million, compared to the expected $509 million. Alaska Air Group – The Seattle-based carrier guided its fourth-quarter results higher and set a $1 billion buyback, sending the stock up 11%. Alaska, which is also planning new nonstop flights next year to Tokyo and Seoul from Seattle, expects profits to grow by $1 billion through 2027. American Airlines – The legacy Fort Worth-based carrier gains nearly 3% after upgrade At Bernstein to outperform the market. Lead. The company said an improving industry backdrop and American Airlines' new credit card deal improve the outlook. C3.ai – The enterprise artificial intelligence software company rose 2% after reporting a fiscal second-quarter adjusted loss of 6 cents, below the 16 cents per share loss estimate of analysts polled by LSEG. Revenue of $94 million also exceeded consensus expectations of $91 million. Braze – The customer engagement platform fell nearly 4% after third-quarter earnings and revenue beat Street forecasts, while non-GAAP gross margin narrowed to 70.5% from 71.4% a year ago. Braze, which rose 21% over the past month before announcing results, reported a range for its fourth-quarter revenue that included Wall Street estimates of $155.2 million. HealthEquity – Shares fell 6% after the health savings account custodian forecast revenue of $1.275 billion to $1.295 billion for the fiscal year ending Jan. 31, 2026, below analyst estimates of $1.32 billion, according to FactSet. Toll Brothers – Shares of the home builder fell 4% after headline profit margin beat expectations. Unadjusted gross profit margin for homebuilding was 26.0% in the fourth quarter ended Oct. 31, below the 26.5% that analysts had expected, according to FactSet, and down from 27.5% a year earlier. eBay – The e-commerce stock fell 3% after a rating downgrade to Underperform from Hold at Jefferies. Analyst John Colantoni said slowing advertising revenues and a slowdown in China could weigh on future growth. Centene – The health insurer fell nearly 2% after Jefferies downgraded Centene to underperform, citing Health Insurance Exchange (HIX) concerns as a catalyst. CNC's HIX premiums more than doubled from 2021 and 2024, and he sees “a pullback from this high, profitable growth as the near- and long-term regulatory environment becomes more hostile,” analyst David Windley wrote. Pinterest – The online photo platform saw shares fall more than 2% in early trading after Piper Sandler downgraded its rating to neutral from overweight. The Wall Street firm moved to the sidelines after two quarters of mixed results, while its advertising survey showed stiff competition. CoreCivic – Shares rose 2.9% after Wedbush Securities upgraded the private prison operator to Outperform from Neutral, saying the mass deportations promised by President-elect Donald Trump are positive. “We now believe that the need for additional beds (for ICE) could be higher than previously expected, and that this need for beds could lead to a reactivation of the lost South Texas contract,” analyst Brian Violino wrote. Norwegian Cruise Line – Shares rose 3.2% on Goldman Sachs' upgrade to buy from neutral. Goldman said the Miami-based cruise line has improved as a business and deserves a higher price-to-earnings multiple. — CNBC's Michelle Fox, Alex Haring, Yun Li, Sarah Min, Jessie Pound and Pia Singh contributed reporting.
Trending
- Former OpenAI researcher and whistleblower has been found dead at the age of 26
- More than $100 trillion in inherited wealth
- OpenAI emails show that Elon Musk wanted a for-profit structure in 2017
- Here's how a millionaire can retire, according to finance pros
- What does that mean for you?
- UnitedHealth Group CEO Andrew Witty speaks about the death of Brian Thompson
- AVGO, RH, TSLA and more
- Shares of AI chipmaker Broadcom surge 17% despite mixed quarterly results – here's why
Stocks making the biggest moves in pre-market: ORCL, ALK, MDB, HQY
