CrowdStrike stock slides again: AI jitters, insider filings and March earnings loom

CrowdStrike Holdings, Inc. shares fell 1.5% on Wednesday, closing at $415.36. This marked the sixth consecutive day of declines as investors continued to shy away from high-multiple software stocks. Volume climbed to about 4.7 million shares. The stock now sits roughly 27% below its November 12 peak of $566.90.

Seagate stock slides 6% to $418 as CEO share sale filing lands — what STX investors watch next

Seagate stock slides 6% to $418 as CEO share sale filing lands — what STX investors watch next

Seagate Technology Holdings plc shares dropped 5.8% to $418.63 on Wednesday, snapping a two-day streak and putting the stock roughly 9% below its 52-week peak of $459.41 set just a day earlier. Volume surged to 6.6 million shares, outpacing its 50-day average. In the storage sector, Western Digital slid 7.2%, while NetApp climbed 5.3%. The Dow rose 0.5%, but the S&P 500 dipped 0.5%.
Dow Jones ends higher as tech rout drags Nasdaq; AMD dive keeps AI nerves raw

Dow Jones ends higher as tech rout drags Nasdaq; AMD dive keeps AI nerves raw

The Dow Jones Industrial Average climbed 260.31 points, or 0.53%, closing at 49,501.30 on Wednesday. This rise came as the S&P 500 and Nasdaq slipped, with investors shying away from expensive tech stocks and favoring safer sectors. The S&P 500 dropped 35.09 points, or 0.51%, to 6,882.72, while the Nasdaq slid 350.61 points, or 1.51%, to 22,904.58 after Advanced Micro Devices tumbled 17% following a disappointing revenue forecast. “The market is suddenly skeptical and concerned,” said Jed Ellerbroek, portfolio manager at Argent Capital. Meanwhile, Josh Chastant of GuideStone Funds cautioned that “legacy software” might become “a ripe target for AI.”
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Today’s highest-ranked model selections.

#1 STRONG BUY

Kodiak Gas Services

NYSE:KGS • Energy infrastructure 88/100 • ★★★★☆
#2 STRONG BUY

Neurocrine Biosciences

NASDAQ:NBIX • Healthcare 87/100 • ★★★★☆
#3 STRONG BUY

Alphabet Class A

NASDAQ:GOOGL • Communication services 85/100 • ★★★★☆
#4 BUY ON WEAKNESS

Applied Materials

NASDAQ:AMAT • Semiconductor equipment 84/100 • ★★★★☆
#5 ACCUMULATE

JPMorgan Chase

NYSE:JPM • Financials 80/100 • ★★★★☆
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Editorial model selection. Not personalised advice.