
SentinelOne shares slid nearly 20% before the bell Friday. The cybersecurity firm issued a second-quarter revenue outlook that missed estimates and plans to eliminate about 8% of jobs, saying it will focus spend on artificial intelligence, data, cloud and endpoint security. Shares closed up 0.4% at $18.02 Thursday and jumped 27% in May.
Today’s highest-ranked model selections.
The catalysts most likely to move markets.
A large surprise can reset expectations for household spending and near-term growth, with read-through to Treasuries, USD and cyclical stocks.
Housing remains highly rate-sensitive; the print can move homebuilders, mortgage-sensitive names and the long end of the Treasury curve.
Guidance can influence software multiples and sentiment around U.S. small-business activity.