Shake Shack Plunges, DataDog Soars, Citigroup Drops on ‘Underwhelming’ New Profitability Target

Shake Shack Plunges, DataDog Soars, Citigroup Drops on ‘Underwhelming’ New Profitability Target

On this episode of Stock Movers:
- Shake Shack (SHAK) shares plummeted after the burger chain reported first-quarter revenue that missed expectations due to pressures including rising beef costs and inclement weather. The company reported revenue of $366.7 million, below the analyst estimate for $372.5 million, and comparable sales growth of 4.6% was roughly in line with expectations.
- DataDog (DDOG) shares surged by the most in more than six years after the software developer raised its full-year outlook for sales and earnings. Revenue is now expected to total $4.3 billion to $4.34 billion, above analysts’ estimates of $4.09 billion on average. Datadog Chief Executive Officer Olivier Pomel said the company is "aggressively building with and for AI", and has signed deals with "two of the world’s biggest AI research teams" to help them with their training workflows.
- Citigroup (C) shares drop. Citigroup Inc. issued new guidance showing it would take the lender more time to catch up to Wall Street peers, with a return on tangible common equity of about 14% to 15% by 2031. The bank's guidance was described as "underwhelming" by some analysts, with investors having looked for a "more aspirational" target of 15% or more over the medium term.

See omnystudio.com/listener for privacy information.

Det här avsnittet är hämtat från ett öppet RSS-flöde och publiceras inte av Podme. Det kan innehålla reklam.

Avsnitt(2204)

Closing Bell: CoreWeave Jumps to Record, Hershey Falls, Cava Slides

Closing Bell: CoreWeave Jumps to Record, Hershey Falls, Cava Slides

Listen for comprehensive cross-platform coverage of the US market close as heard on Bloomberg Television, Bloomberg Radio, and YouTube with Romaine Bostick, Alix Steel, Scarlet Fu, Tim Stenovec and Em...

16 Maj 20254min

Cava Slips, Coinbase Bounces Back, Applied Materials Shares Fall

Cava Slips, Coinbase Bounces Back, Applied Materials Shares Fall

On this episode of Stock Movers: Cava (CAVA) fell as much as 5.8% after the fast-casual chain reported first-quarter results and updated its outlook. Analysts say that while Cava’s report was positi...

16 Maj 20255min

Nvidia Rallies, Estee Lauder Rises, Charter Up after Cox Deal

Nvidia Rallies, Estee Lauder Rises, Charter Up after Cox Deal

On this episode of Stock Movers:- Nvidia shares rise and are on track for the best month in a year after a series of long-term sales agreements during President Donald Trump’s trip to the Middle East....

16 Maj 20253min

Charter-Cox Merger; Vistra Plant Purchase; Applied Materials Slides

Charter-Cox Merger; Vistra Plant Purchase; Applied Materials Slides

On this episode of Stock Movers:- Charter Communications (CHTR) is higher this morning after agreeing to merge with Cox Communications in a deal that values Cox at an enterprise value of about $34.5 b...

16 Maj 20254min

Charter Communications and Vistra Pop on M&A; Applied Materials Drops

Charter Communications and Vistra Pop on M&A; Applied Materials Drops

On this episode of Stock Movers:- Charter Communications (CHTR) is higher this morning after agreeing to merge with Cox Communications in a deal that values Cox at an enterprise value of about $34.5 b...

16 Maj 20253min

Foot Locker Surges After Dick's Deal, CoreWeave Slips, Steris Stock Up

Foot Locker Surges After Dick's Deal, CoreWeave Slips, Steris Stock Up

On this episode of Stock Movers:- Foot Locker (FL) shares surged as much as 85%, the biggest intraday gain on record, after Dick’s Sporting Goods (DKS) agreed to buy the sneaker retailer for $2.4 bill...

15 Maj 20255min

Closing Bell: Foot Locker Higher, Meta Delays AI Model, Coinbase Tumbles

Closing Bell: Foot Locker Higher, Meta Delays AI Model, Coinbase Tumbles

Listen for comprehensive cross-platform coverage of the US market close as heard on Bloomberg Television, Bloomberg Radio, and YouTube with Romaine Bostick, Alix Steel, Scarlet Fu, Tim Stenovec and Em...

15 Maj 20257min

Dividend Stocks Outperform S&P 500, Walmart Falls, Deere Hits Record High

Dividend Stocks Outperform S&P 500, Walmart Falls, Deere Hits Record High

On this episode of Stock Movers:- Dividend Paying Stocks featuring American Water Works (AWK), Procter & Gamble (P&G), and Coca-Cola (KO) are outperforming the S&P 500. This comes on the back of the m...

15 Maj 20256min

Populärt inom Politik & nyheter

aftonbladet-krim
p3-krim
aftonbladet-daily
motiv
politiken
svenska-fall
rss-krimstad
flashback-forever
spar
rss-krimreportrarna
rss-vad-fan-hande
rss-sanning-konsekvens
kungligt
rss-flodet
rss-frandfors-horna
blenda-2
dagens-eko
olyckan-inifran
rss-aftonbladet-krim
krimmagasinet