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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

  • 3 TSX Stocks Trading Below Estimated Intrinsic Value Amid Rising Yields
    May 29, 2026, 9:24 AM EDT. Investors seeking value in the Canadian market grappling with rising yields should watch 3 TSX stocks potentially trading below their intrinsic value. Aecon Group (TSX:ARE) is priced at CA$45.19 versus an estimated fair value of CA$87.44, showing a 48.3% discount and forecasted earnings growth of 61.6% annually over three years. Other top undervalued picks include Timbercreek Financial (TSX:TF) and Tamarack Valley Energy (TSX:TVE), both trading around 43-45% below their estimated cash flow-based fair values. These companies operate across construction, energy, and financial services, offering potential upside based on discounted cash flow valuations despite broader market pressures and concerns such as insider selling and dividend coverage. Such opportunities may align with investors prioritizing solid growth and improving productivity amid uncertain market conditions.

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SentinelOne Drops Premarket as AI Job Cuts Hit

SentinelOne Drops Premarket as AI Job Cuts Hit

29 May 2026
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.
Arm stock jumps as traders look at AI chip potential and $360 call

Arm stock jumps as traders look at AI chip potential and $360 call

29 May 2026
Arm Holdings shares jumped 10.76% Thursday to close at $335.27, hitting a 52-week high of $349.42. Mizuho Securities raised its price target to $360, the highest among Wall Street analysts. Arm licenses chip designs to firms like Nvidia and Apple, collecting royalties. The company faces supply constraints for its new AI chip and weaker smartphone royalties.
American Airlines Puts 23,000 Football Seats in Play—But the Real Challenge Starts Post-Kickoff

American Airlines Shares Edge Up In Early Hours Ahead Of Fuel-Cost Test

29 May 2026
American Airlines traded at $14.74 in premarket Friday, up 0.6% after closing Thursday at $14.65. CEO Robert Isom reaffirmed 2026 guidance despite warning fuel costs could rise by $4–5 billion this year. Second-quarter bookings are about 80% complete, with revenue expected up 15% from last year. American posted a $382 million net loss last quarter on $13.9 billion revenue.
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