CrowdStrike’s "Momentum" Tumbles

And, Cardano leads crypto comeback.

March 05, 2025

Today is Wednesday, March 5, 2025.

The Early Bird Index today is 71.38

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CrowdStrike’s "Momentum" Tumbles

Despite posting good financial earnings results on Tuesday, CrowdStrike (Nasdaq: CRWD) fell 9.32% in after-hours trading.

Financials: CrowdStrike reported earnings of $1.03 per share and revenue of $1.05 billion in the past quarter; both were better than expected.

Quote: “We are seeing strong momentum in our Next-Gen SIEM, Cloud Security, and Identity Protection businesses, surpassing $1.3 billion in combined ending ARR.” - CEO George Kurtz.

Yes, But: The company said it anticipates earnings per share between $3.33 to $3.45 for the full year 2025, which was lower than what analysts expected.

Early Bird’s Nest Egg Gains: 2025 could be a challenging year for the cybersecurity technology company CrowdStrike.

  • As more companies enter the cybersecurity space and existing players expand their offerings, CrowdStrike may face increased competition for market share and customer acquisition.

  • The cybersecurity environment is becoming increasingly complex and adversaries are becoming more sophisticated.

Final Thoughts: CrowdStrike’s stock was up 24% in the last 12 months. Its forecast is troubling for the next 12 months.

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Notables

Notable Earnings Today: Abercrombie & Fitch (NYSE: ANF), Marvell Technology (Nasdaq: MRVL), Foot Locker (NYSE: FL), Zscaler (Nasdaq: ZS), Victoria's Secret (NYSE: VSCO), MongoDB (Nasdaq: MDB), Yext (NYSE: YEXT), Sleep Number (Nasdaq: SNBR), Stratasys (Nasdaq: SSYS), Veeva Systems (NYSE: VEEV), Riskified (NYSE: RSKD), VThor Industries (NYSE: THO), Brown-Forman (NYSE: BF.B), Kodiak Gas Services (NYSE: KGS), LandBridge (NYSE: LB), REV Group (NYSE: REVG), LendingTree (Nasdaq TREE), Descartes (Nasdaq: DSGX), Dine Brands (NYSE: DIN), Editas Medicine (Nadaq: EDIT), Fortuna Mining (NYSE: FSM), Full Truck Alliance (NYSE: YMM), OppFi (NYSE: OPFI), Rigetti Computing (Nasdaq: RGTI), SmartRent (NYSE: SMRT), South Bow (NYSE: SOBO), Zymeworks (Nasdaq: ZYME).

Notable IPOs Today: Baiya International Group Inc. Ordinary Shares (Nasdaq: BIYA).

Notable Equity Crowdfunding Campaigns Ending Today: NightWare (StartEngine), Meat N’ Bone (StartEngine).

Notable Economic Events Today: ADP Nonfarm Employment Change (8:15 a.m. ET), S&P Global Services PMI (9:45 a.m. ET), Factory Orders (10:00 a.m. ET), ISM Non-Manufacturing PMI / Prices / Employment (10:00 a.m. ET), Crude Oil Inventories (10:30 a.m. ET), Fed Beige Book (2:00 p.m. ET).

Cardano Leads Crypto Comeback

The price of Cardano jumped about 17% on Tuesday after the price had collapsed by over 20% on Monday. Tuesday’s increase was due to growing confidence that interest rate cuts might occur this year.

Final Thoughts: Most cryptocurrency prices did well on Tuesday. Cardano’s price is up 27% in the last 30 days.

AeroVironment Slumps on Bad Results

Shares of AeroVironment (Nasdaq: AVAV) declined by 20.1% in after-hours trading on Tuesday after the defense contractor posted bad financial earnings results.

Financials: AeroVironment reported earnings of 30 cents per share and revenue of $167.6 million in the past quarter; both were lower than expected.

Final Thoughts: The stock was previously down 9% in 2025.

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The contents of Early Bird are intended for informational and entertainment purposes only. They do not constitute trade or investment recommendations and they are not financial or legal advice. Readers are encouraged to consult licensed professionals for personalized guidance regarding their financial or legal situations.