Sentinelone Inc -Class A

Snowflake shares dropped 8.4% to $121.11 on Friday, extending losses after an 11.7% decline Thursday, as AI disruption fears sparked a sector-wide selloff.

CrowdStrike reported better-than-expected fourth-quarter results, with annual recurring revenue exceeding $5 billion. The company provided a robust long-term forecast through fiscal 2027, sending shares higher in extended trading.

CrowdStrike shares advanced 2.3% to $404.67, tracking a recovery in software stocks. Investors are focused on upcoming U.S. economic data and the company's March 3 earnings report.

CrowdStrike Holdings surged 4.9% to $395.50 on Friday, ending a seven-session losing streak as cybersecurity stocks rebounded with the broader market.