Datadog Inc (NASDAQ: DDOG) is rallying this morning after the cloud-based observability firm posted its fourth-quarter report that, on the surface, appeared to be a clean beat. The company reported $953 million in revenue on 59 cents a share of adjusted earnings for its Q4, both handily above Street estimates. However, one could argue […]
Lyft has launched teen ride accounts across the USA, rolling out a feature that allows passengers aged 13 to 17 to book rides independently while giving parents greater oversight. The move comes as Lyft looks to narrow the gap with rival Uber and strengthen its position in a ride-hailing market where safety features are becoming […]
Novo Nordisk’s Denmark-listed shares climbed more than 7%, while the stock gained close to 6% in US premarket trading after telehealth company Hims & Hers said it would stop offering its newly launched oral obesity pill copycat following regulatory scrutiny. Hims & Hers, by contrast, fell nearly 20% in premarket trading. Additionally, Novo Nordisk also […]
US equities traded lower on Monday as investors turned cautious ahead of a series of closely watched economic releases and another round of corporate earnings, following a volatile week that ended with the Dow Jones Industrial Average reaching a historic milestone. The Dow Jones Industrial Average fell 128 points, or about 0.2%, in early trading. […]
Nvidia stock extended its recent rally early on Monday, as investors continued to assess the outlook for artificial intelligence infrastructure spending following strong capital expenditure guidance from major technology companies. In early trading, Nvidia shares were up about 4% at $192.40. The move followed a 7.9% gain on Friday, which snapped a five-day losing streak. […]
Apollo Global Management is close to finalising a roughly $3.4 billion loan to an investment vehicle that plans to purchase Nvidia chips and lease them to Elon Musk-led artificial intelligence company xAI, according to a report by The Information citing a person familiar with the matter. The deal could be completed as soon as this […]
Gold prices reclaimed the $5,000 per ounce mark on Monday as the dollar slipped against a basket of major currencies. Silver prices also surged more than 6% to trade around $82 per ounce. The white metal is gaining interest from reflation trades, driven by political developments in Japan and continuous US monetary easing expectations. Oil […]
DA Davidson has upgraded Oracle to a buy, arguing that investors have overreacted to recent concerns about artificial intelligence spending and software stocks, and that improving clarity around OpenAI’s funding outlook could unlock significant upside for the company. Oracle shares rose 9.2% to $155.95 in early trading on Monday following the upgrade, though the stock […]
Tesla stock rose about 2.5% on Monday, extending a rebound that began late last week, as investors responded to fresh updates on the company’s commercial truck program and renewable energy ambitions. The move followed a 3.5% gain on Friday, which provided some relief after a difficult stretch for the stock. Entering Friday’s session, Tesla shares […]
Monday.com Ltd (NASDAQ: MNDY) tanked another 20% on Monday morning despite the “Work OS” provider posting better-than-expected financials for its fiscal Q4. MNDY earned $1.04 a share in its fourth quarter on $333.9 million in revenue, but the celebration was short-lived as its cautious 2026 guidance for up to $1.462 billion in revenue spooked investors. […]