Check out the companies making headlines for noon deals. KB Home – After posting topline and bottomline mistakes in the first quarter, Homebuilder shares fell more than 4%. KB Home won $1.49 per share with revenue of $1.39 billion. Analysts voted by LSEG were looking for profits of $1.58 per share and revenue of $1.5 billion. The company also cut revenue guidance for fiscal year 2025. CloudFlare – The network security company’s stocks performed by jumping over 2% behind the Bank of America double upgrade. The bank said the basics of CloudFlare have been improved and stocks are an underrated game about artificial intelligence. Oklo – The nuclear technology company fell 9% after reporting a wider annual loss compared to a year ago. Oklo also said he expects to suffer “large expenses and continued financial losses.” Crowdstrike Holdings – Cybersecurity firms saw that stocks rose more than 3% after BTIG upgraded its shares to buy from neutral. The Wall Street company said CrowdStrike has “much better visibility” with forecasts that IT will be suspended for eight months in the rearview mirror. Trump Media – Stocks have risen about 7% after President Donald Trump’s true social platform parents announced a deal with Crypto.com and launched a series of exchange trade funds and related products. The company has announced that it plans to launch funds later in 2025. Mobileye – Autonomous driving stock rose 6%. Volkswagen has announced that it will work with the company to promote assistance and autonomous driving technology. Crown Castle – Telecommunications stocks fell 4% after Crown Castle’s board announced it had ended CEO Stephen Moskowitz. CFO Dan Schlanger will serve as interim CEO. Crown Castle also reaffirmed the previously established 2025 guidance. – Provided reports of contributions from CNBC’s Alex Hurling, Yun Lee, Lisa Kailay Han, Michelle Fox and Sean Conlong. An uncertain market? Earn Edge with CNBC Pro Live, the first exclusive event on the historic New York Stock Exchange. Access to expert insights is paramount in today’s dynamic financial situation. As a CNBC Pro subscriber, we recommend attending the first exclusive and in-person CNBC Pro live event held at the iconic NYSE on Thursday, June 12th. You will also get the opportunity to network with CNBC experts, talent and other pro subscribers during exciting cocktail hours on the legendary trading floor. Tickets are limited!
