Today: 16 June 2026
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NASDAQ:SNTL 29 May 2026

SentinelOne Drops Premarket as AI Job Cuts Hit

SentinelOne Drops Premarket as AI Job Cuts Hit

SentinelOne shares fell nearly 20% premarket Friday after the company issued second-quarter revenue guidance below analyst estimates and announced plans to cut about 8% of its workforce. First-quarter revenue rose 21% to $277 million, missing expectations by $0.6 million. The company expects a $25 million restructuring charge, mostly for severance and stock compensation. Investors focused on weaker guidance despite a first-quarter earnings beat.

Stock Market Today

  • Why Western Digital's Stock Surged as S&P 500's Top Gainer on Monday
    June 15, 2026, 6:05 PM EDT. Western Digital led the S&P 500 with the biggest gain Monday amid a surge in storage stocks. Investors showed increased confidence in the sector's pricing power, driving enthusiasm for companies specializing in data storage solutions. This rally reflects growing market optimism about the potential for higher profit margins in storage technology firms, as demand for data storage continues to expand.

Latest articles

Ford slips on China software headlines ahead of Q2 earnings

Ford slips on China software headlines ahead of Q2 earnings

15 June 2026
Ford shares slipped 0.3% to $14.77 as the company seeks U.S. approval to keep importing the China-built Lincoln Nautilus amid looming connected-car software restrictions, spotlighting regulatory risk and uncertainty ahead of Ford’s Q2 earnings update in late July.
Xanadu Quantum pops 18% as funding talks and chip moves bring traders in

Xanadu Quantum pops 18% as funding talks and chip moves bring traders in

15 June 2026
Xanadu Quantum Technologies shares soared 18.24% to $13.94 on heavy volume after news of possible $285 million in Canadian and Ontario government support for Project OPTIMISM, but the stock remains highly speculative as losses widen, revenue stays small, and potential share issuance could dilute holders; investors now await clarity on government funding and dilution risk.
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