Box(BOX) ZACKS·2025-03-05 00:10Market Overview - The Dow Jones Industrial Average fell by 670 points, or 1.55%, while the S&P 500 decreased by 71 points, or 1.22%. The Nasdaq experienced a smaller decline of 65 points, or 0.35%, and the Russell 2000 dropped by 22 points, or 1.08% [1] - The overall market is experiencing a downturn, with the Dow down 4.5% over the past month, the S&P 500 down 4.3%, and the Nasdaq down 6.9%. The Russell 2000 has seen a significant decline of 9.2% since early February [3] Trade and Economic Context - The ongoing trade war involving the U.S. and its top trade partners—Canada, China, and Mexico—is contributing to increased production costs, causing market instability. The market is awaiting President Trump's address to Congress for potential changes in tariff rhetoric [2] Company Earnings Reports - Crowdstrike (CRWD) reported Q4 earnings of 1.65, but revenues of 5.95 billion. Guidance for the next quarter has softened, with expectations now between -3% to flat, leading to a 4% drop in shares [4] - Flutter Entertainment (FLUT), the parent company of FanDuel, reported Q4 earnings of 1.56 per share. Revenues reached 3.75 billion, resulting in a 1.4% increase in shares after hours [5] - Box (BOX) posted Q4 earnings of 42 cents per share, slightly above expectations, with revenues of 278.99 million. However, weak guidance led to a 7% decline in shares [6]