Check out the companies making headlines before the bell: Oracle — The database software company fell about 7% after its fiscal second quarter profit and revenue fell short of analysts’ expectations. It has fallen. Oracle also released guidance for the current quarter, saying it expects revenue to increase 7% to 9% and adjusted earnings to be $1.50 to $1.54 per share, with exchange rates expected to increase sales by 2%. It said it would push earnings down by 3 cents per share. MongoDB — The database platform fell 7% after Chief Financial Officer and Chief Operating Officer Michael Gordon resigned effective January 31st. However, the stock beat third-quarter profits and sales and raised its fourth-quarter forecast. MongoDB now expects adjusted earnings to be between 62 cents and 65 cents per share, beating the consensus of 58 cents per share, according to LSEG. The company also said it expects sales to be between $515 million and $519 million, compared to expectations of $509 million. Alaska Air Group — The Seattle-based airline revised its fourth-quarter results upwards and instituted a $1 billion share buyback, sending its stock price up 11%. Alaska Airlines is also planning new nonstop flights from Seattle to Tokyo and Seoul next year, and expects to increase profits by $1 billion by 2027. American Airlines — The Fort Worth-based legacy carrier received an upgrade at Bernstein and posted a nearly 3% return from better-than-market performance. The company said its outlook improves due to improved industry conditions and American Airlines’ new credit card agreement. C3.ai — The enterprise artificial intelligence software company reported an adjusted loss of 6 cents for its fiscal second quarter, rising 2%. That was smaller than the 16 cents per share loss expected by analysts surveyed by LSEG. Revenue was $94 million, also beating consensus estimates of $91 million. Braze — Third-quarter earnings and revenue beat street expectations, the customer engagement platform fell nearly 4% and non-GAAP gross margin contracted to 70.5% from 71.4% in the year-ago quarter. Blaze, which has risen 21% in the past month leading up to its earnings report, posted fourth-quarter sales in a range that included Wall Street’s $155.2 million estimate. HealthEquity — The health savings account management company’s revenue for the fiscal year ending Jan. 31, 2026 is expected to be between $1.275 billion and $1.295 billion, compared with analyst estimates of $1.32 billion, according to FactSet. As a result, the stock price fell 6%. Toll Brothers — The homebuilder’s stock fell 4% after key profit margins fell short of expectations. Toll’s unadjusted home construction gross margin for the fourth quarter ended Oct. 31 was 26.0%, below analysts’ expectations of 26.5% and down from 27.5% a year earlier, according to FactSet. . eBay — E-commerce stocks fell 3% after Jefferies was downgraded from hold to underperform. Analyst John Colantuoni said a slowdown in advertising revenue and an economic slowdown in China could weigh on future growth. CENTENE — The health insurance company fell nearly 2% after Jefferies downgraded Centene to underperforming in the wake of concerns about the Health Insurance Exchange (HIX). Analyst David Windley wrote that CNC’s HIX premium has doubled from 2021 to 2024, adding: “As the near- and long-term regulatory environment becomes more stringent, this high-earnings growth will be unwound. ” he said. Pinterest — Shares of Piper Sandler fell more than 2% in early trading after the online image platform downgraded the stock to neutral from overweight. The Wall Street company was put on the sidelines after mixed results in the second quarter as advertising surveys showed stiff competition. CoreCivic — Shares rose 2.9% after Wedbush Securities upgraded the private prison operator from neutral to outperform, saying the mass deportations promised by President-elect Donald Trump are a positive. “We now believe that a phased approach is needed. [Immigration and Customs Enforcement] Norwegian Cruise Line — Shares rose 3.2% following Goldman Sachs’ rating upgrade, analyst Brian Violino wrote. Goldman said the Miami-based cruise line is improving as a business and deserves a higher price-to-earnings ratio – CNBC’s Michelle Fox, Alex. Harring, Yun Li, Sarah Min, Jesse Pound, and Pia Sing contributed reporting.
Stocks making the biggest moves pre-market: ORCL, ALK, MDB, HQY
