Check out the companies making headlines before the market opens. Oracle — Shares of Oracle fell about 7% after the database software company reported fiscal second-quarter profit and revenue that fell short of analysts’ expectations. Oracle also issued guidance for this quarter, calling for revenue growth of 7% to 9% and adjusted earnings per share of US$1.50 to US$1.54, and said that foreign exchange rates will cause revenue to fall by 2% and earnings per share to fall by 3c. . MongoDB — Shares of the database platform fell 7% after Chief Financial Officer and Chief Operating Officer Michael Gordon resigned effective January 31. and raised its fourth-quarter forecast. According to LSEG, MongoDB now expects its adjusted earnings to be in the range of 62 to 65 cents per share, above the consensus of 58 cents per share. The company also forecast revenue in the range of $515 million to $519 million, compared with expectations of $509 million. Alaska Air Group — Shares rose 11% after the Seattle-based airline guided for higher fourth-quarter results and set a $1 billion buyback program. Alaska Airlines also plans to add nonstop flights from Seattle to Tokyo and Seoul next year, which is expected to increase profits by $1 billion by 2027. After outperforming the market, the stock price rose nearly 3%. The company said improving industry backdrop and American Airlines’ new credit card deal improved the outlook. C3.ai — Shares of C3.ai rose 2% after the enterprise artificial intelligence software company reported an adjusted loss of 6 cents in its fiscal second quarter, missing the 16 cents per share loss expected by analysts polled by London Stock Exchange Group (LSEG) . Revenue of $94 million also beat the consensus forecast of $91 million. Braze – The customer engagement platform fell nearly 4% after third-quarter profit and revenue topped Wall Street expectations, while non-GAAP gross margin narrowed to 70.5% from 71.4% a year ago. Braze, which has gained 21% in the month after reporting its results, also reported a fourth-quarter revenue range that beat Wall Street expectations of $155.2 million. HealthEquity — Health savings account custodian expects revenue in the range of $1.275 billion to $1.295 billion for the fiscal year ending Jan. 31, 2026, missing analysts’ forecasts of $1.32 billion, according to FactSet, sending the company’s shares down 6 %. Toll Brothers — Shares fell 4% after the homebuilder reported lower-than-expected key profit margins. FactSet data shows that in the fourth quarter ended October 31, Toll’s unadjusted residential construction gross profit margin was 26.0%, lower than analysts’ expectations of 26.5% and lower than the 27.5% in the same period last year. eBay — The e-commerce stock fell 3% after Jefferies downgraded the stock to underperform from hold. Analyst John Colantuoni said decelerating advertising revenue and China’s economic slowdown could affect future growth. Centene — Shares of the health insurance company fell nearly 2% after Jefferies downgraded Centene to underperform, citing Health Insurance Exchange (HIX) concerns as a catalyst. Analyst David Windley writes that CNC’s HIX premiums will double from 2021 to 2024, and he believes that “this high-margin growth will weaken as the regulatory environment becomes more hostile in the near and longer term.” Pinterest – Shares of the online photo platform fell more than 2% in early trading after Piper Sandler downgraded its rating to neutral from overweight. The Wall Street firm is on the sidelines after two quarters of mixed results, while its advertising survey points to stiff competition. CoreCivic — Shares of the private prison operator rose 2.9 after Wedbush Securities upgraded the private prison operator’s performance to outperform from neutral and said President-elect Donald Trump’s promise of mass deportations is a positive %. “We now believe demand for incremental (Immigration and Customs Enforcement) beds may be higher than previously anticipated and that this bed demand may result in Lost South Texas contract revives. Norwegian Cruise Line — Shares of the Miami-based cruise line rose 3.2% after Goldman upgraded the company to buy from neutral. The cruise line’s business has improved and deserves a higher P/E ratio. — CNBC’s Michelle Fox, Alex Harring, Yun Li, Sarah Min, Jesse Pound and Pia Singh report.
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