CrowdStrike posts strong Q3, upbeat outlook as AI-driven demand accelerates

CrowdStrike reported earnings for Q3 2026 that exceeded forecasts, leading to a rise in its stock price. The company's performance demonstrated effective operational strategies, with earnings surpassing expectations by $0.02 and revenue also exceeding estimates.

CrowdStrike reported a loss of $34.0 million, or 14 cents a share, for the quarter ending October 31, which is a significant increase from a loss of $16.8 million, or 7 cents a share, in the same period last year. This development highlights ongoing challenges within the cybersecurity sector as companies navigate increasing operational costs and competitive pressures.

American Eagle's stock surged by 11% following the release of its strong Q3 results and an upward revision of its guidance, reflecting robust financial performance and investor confidence. The company's effective operational strategies have contributed to this positive outcome.

Asana's shares increased by 5% following the release of its Q3 results, which exceeded expectations in both earnings and revenue. The company's positive guidance for future performance further contributed to this uptick in stock price.

Harvard MBA graduates are achieving record-high salaries averaging $184,000, yet a significant number are opting out of traditional corporate roles in favor of entrepreneurship, particularly in the tech sector. This trend reflects a shift in career aspirations among top graduates as they navigate a changing job market influenced by advancements in artificial intelligence (AI).

On December 2, 2025, the stock market saw a rebound led by MongoDB and Boeing, with American Eagle, CrowdStrike, and Marvell also reporting their earnings. This live blog from TheStreet provides continuous updates on market movements and investor sentiment throughout the day.

The Bank of England has raised concerns about increasing financial risks stemming from artificial intelligence (AI) and lending practices, highlighting the potential for instability in the financial system. This warning comes amid a backdrop of significant debt-fueled investments in AI infrastructure, which the central bank believes could lead to adverse market conditions.

BlackRock has adopted a bearish stance on long-term Treasuries, indicating a shift in investment strategy as a wave of funding for artificial intelligence (AI) looms on the horizon. This decision reflects concerns about the potential impact of AI developments on market dynamics and interest rates.