"Salesforce's Earnings and Forecast Set the Tone for Tech Stocks"

After-hours trading saw several notable moves in the stock market. CrowdStrike, a cybersecurity company, gained 1% after beating second-quarter expectations. Okta, an identity and access management company, surged 10% after exceeding analysts' second-quarter expectations and providing a strong outlook. Salesforce climbed 5.6% as it reported fiscal second-quarter earnings and revenue that surpassed estimates, along with a robust third-quarter outlook. However, Five Below fell 7% after sharing a weak outlook for the third quarter. Victoria's Secret also experienced a 2.7% slide after posting disappointing second-quarter results and anticipating a third-quarter loss.
- Stocks making the biggest moves after hours: Salesforce, Okta, CrowdStrike, Five Below and more CNBC
- Salesforce earnings will be a barometer for the rest of tech, says Wedbush's Dan Ives CNBC Television
- Salesforce Stock (CRM) Rises After Revenue Forecast Tops Estimates Bloomberg
- Salesforce shares pop on earnings beat and optimistic forecast CNBC
- Salesforce keeps on spending as company turns from M&A to AI startup funding CNBC Television
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