Hewlett Packard Enterprise – Shares rose 3% after information technology companies beat analysts’ top-line and bottom-line expectations. Hewlett Packard Enterprise reported second quarter adjusted earnings of $7.63 billion with revenue of 38 cents per share. Analysts voted by LSEG expected a 32-cent profit on revenues of $7.45 billion. Crowdstrike Holdings – Shares fell more than 6% after cybersecurity companies posted soft revenue guidance this quarter. The company generated revenues of between $1.14 billion and $1.15 billion, while analysts voted by LSEG sought $1.16 billion. Guidewire Software – Property and casualty insurance companies jumped over 8% after Guidewire Software surpassed analyst expectations in the third quarter. The company recorded adjusted earnings of 88 cents per share against revenue of $294 million. Analysts voted by LSEG expected a profit of 46 cents per share against $284 million in revenue. ASANA – The enterprise work management software company slipped around 6% as its outlook failed to impress Wall Street. Asana considers second-quarter adjusted revenues ranging from 4 cents to 5 cents per share to be in the range of $192 million to $194 million. Analysts voted by LSEG asked for 4 cents per share with revenues of $193 million. Wells Fargo & Co. – Inventory rose 2%. Wells Fargo confirmed that the Federal Reserve has removed the bank’s asset cap limit. This is a limit imposed in 2018. Health Identification – Stocks rose 4% after health savings account service providers raised their full year guidance. The company has adjusted revenue landings ranging from $3.61 to $3.78 per share, and revenues ranged from $1.285 million to $100 billion. Analysts voted by FactSet sought a profit of $3.62 per share and a revenue of $13 billion. – CNBC’s Darla Mercado contributed to this report.
