S&P 500 Closes Lower on Friday but Gains for the Week
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 1h ago
0mins
Source: CNBC
- Divergent Tech Performance: Meta Platforms saw its stock rise nearly 9% after a Wednesday earnings report that exceeded expectations, while Microsoft dropped over 8% due to disappointing cloud business results, indicating a split in market sentiment that could influence future investment strategies.
- Starbucks Stock Volatility: Despite showcasing CEO Brian Niccol's turnaround plan during Wednesday's earnings and Thursday's Investor Day, Starbucks shares fell over 6%, reflecting market concerns about its long-term growth potential, which may impact investor confidence.
- Software Sector Slammed: Salesforce and ServiceNow dropped 7% and 10%, respectively, amid a broader selloff in the software sector, suggesting that the market is compressing valuations for SaaS companies, potentially leading investors to reassess their portfolios.
- Fed Policy Impact: The Federal Reserve's decision to hold interest rates steady on Wednesday, coupled with Trump's nomination of Kevin Warsh to succeed Powell, elicited little market reaction; however, gold and silver prices plummeted due to concerns over future Fed independence, highlighting the potential implications of policy changes.
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Analyst Views on CRWD
Wall Street analysts forecast CRWD stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for CRWD is 562.25 USD with a low forecast of 353.00 USD and a high forecast of 640.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
34 Analyst Rating
23 Buy
11 Hold
0 Sell
Moderate Buy
Current: 444.620
Low
353.00
Averages
562.25
High
640.00
Current: 444.620
Low
353.00
Averages
562.25
High
640.00
About CRWD
CrowdStrike Holdings, Inc. is a global cybersecurity company that provides cloud-delivered protection of endpoints, cloud workloads, identity and data. Its Falcon platform is designed for cybersecurity consolidation, purpose-built to stop breaches. The platforms collect and integrate data from across the enterprise, including endpoints, cloud workloads, identities, and third-party sources. It offers 29 cloud modules on its Falcon platform via a software as a service (SaaS) subscription-based model that spans multiple large markets, including corporate endpoint and cloud workload security, managed security services, security and vulnerability management, information technology (IT) operations management, identity protection, next-generation security information and event management (SIEM) and log management, threat intelligence services, data protection, SaaS security posture management, automation and response (SOAR) and artificial intelligence powered workflow automation, and others.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
S&P 500 Closes Lower on Friday but Gains for the Week
- Divergent Tech Performance: Meta Platforms saw its stock rise nearly 9% after a Wednesday earnings report that exceeded expectations, while Microsoft dropped over 8% due to disappointing cloud business results, indicating a split in market sentiment that could influence future investment strategies.
- Starbucks Stock Volatility: Despite showcasing CEO Brian Niccol's turnaround plan during Wednesday's earnings and Thursday's Investor Day, Starbucks shares fell over 6%, reflecting market concerns about its long-term growth potential, which may impact investor confidence.
- Software Sector Slammed: Salesforce and ServiceNow dropped 7% and 10%, respectively, amid a broader selloff in the software sector, suggesting that the market is compressing valuations for SaaS companies, potentially leading investors to reassess their portfolios.
- Fed Policy Impact: The Federal Reserve's decision to hold interest rates steady on Wednesday, coupled with Trump's nomination of Kevin Warsh to succeed Powell, elicited little market reaction; however, gold and silver prices plummeted due to concerns over future Fed independence, highlighting the potential implications of policy changes.
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U.S. Tech Policy Summit to Take Place Soon
- Summit Date and Location: The Information Technology Industry Council (ITI) will host The Intersect summit on February 3 in Washington, D.C., from 11 AM to 4 PM ET, aimed at discussing America's strategic direction in the global tech race.
- Key Speaker Lineup: The summit will feature prominent figures from government and technology, including White House National Cyber Director Sean Cairncross and U.S. Chief Technology Officer Dr. Ethan Klein, highlighting the government's focus on tech policy and its impact on innovation.
- Policy Discussion Focus: ITI President Jason Oxman emphasizes that 2026 will be a pivotal year for U.S. tech leadership, with discussions centered on specific policies affecting U.S. innovation, infrastructure, and global influence, underscoring America's critical role in the global tech competition.
- Background on ITI: Founded in 1916, ITI is the premier global advocate for technology, representing the world's most innovative companies and promoting public policies and industry standards that advance competition and innovation, showcasing its influence in the global tech landscape.
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