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2 Growth Stocks Set to Flourish and 1 Facing Headwinds
StockStory67d agoneutral
2 Growth Stocks Set to Flourish and 1 Facing Headwinds

Growth is a hallmark of all great companies, but the laws of gravity eventually take hold. Those who rode the COVID boom and ensuing tech selloff in 2022 will surely remember that the market’s punishment can be swift and severe when trajectories fall.

GitHub rival shuts offices, cuts 100s of workers
TheStreet67d agobearish
GitHub rival shuts offices, cuts 100s of workers

Tech companies are no longer just cutting jobs. Many are reshaping themselves for the age of artificial intelligence. GitLab, one of the most popular web-based software platforms used by software engineers as a code repository, security, and code deployment, has now joined the growing list of ...

Why IBM (IBM) Shares Are Plunging Today
StockStory68d agoneutral
Why IBM (IBM) Shares Are Plunging Today

Shares of technology and consulting giant IBM (NYSE:IBM) fell 6.4% in the afternoon session after the combination of rising oil prices, higher Treasury yields, and shifting rate expectations tightened the macro backdrop for corporate clients.

Stocks Retreat as US-Iran Peace Hopes in Doubt
Barchart69d agoneutral
Stocks Retreat as US-Iran Peace Hopes in Doubt

The S&P 500 Index ($SPX ) (SPY ) on Wednesday closed down -0.74%, the Dow Jones Industrial Average ($DOWI ) (DIA ) closed down -1.21%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed down -0.29%. June E-mini S&P futures (ESM26 ) fell -0.78%, and June E-mini Nasdaq futures...

GitLab (GTLB) Valuation Check After Earnings Beat Restructuring And AI Platform Updates
Simply Wall St.69d agoneutral
GitLab (GTLB) Valuation Check After Earnings Beat Restructuring And AI Platform Updates

GitLab (GTLB) drew fresh attention after reporting first quarter results that topped revenue and earnings expectations, while also announcing a sizable restructuring that will cut about 14% of its global workforce. See our latest analysis for GitLab. After initially jumping on the earnings beat and restructuring news, GitLab’s 1-day share price return fell 5.83% to US$31.82. Its 7-day and 30-day share price returns of 18.86% and 32.31% suggest short term momentum, which contrasts with a...

GitLab Shares Slide Despite Strong Results, Higher Profit Forecast and Restructuring Plans (GTLB)
InvestorsHub69d agobearish
GitLab Shares Slide Despite Strong Results, Higher Profit Forecast and Restructuring Plans (GTLB)

GitLab (NASDAQ:GTLB) delivered stronger-than-expected first-quarter results for fiscal 2027, posting robust revenue growth and raising its full-year adjusted earnings outlook. However, investor sentiment remained cautious, sending the stock lower in premarket trading as the company outlined workforce reductions and issued guidance that pointed to slower revenue growth ahead.

GitLab Q1 Earnings Call Highlights
MarketBeat70d agoneutral
GitLab Q1 Earnings Call Highlights

GitLab (NASDAQ:GTLB) reported first-quarter fiscal 2027 revenue of $264 million, up 23% year over year, as executives pointed to enterprise demand, growth in dedicated deployments and early traction for its agentic AI products. Chief Executive Bill Staples said the quarter reinforced management’s v