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(2210)

Week Ahead: Chewy, Beyond, Carnival

Week Ahead: Chewy, Beyond, Carnival

Earnings are still in focus with Chewy, Beyond and Carnival all reporting in the coming days.Bloomberg's Alexis Christoforous previews the numbers with Tatiana Darie, Bloomberg Strategist for Markets ...

22 Mars 6min

Weekly Roundup: Super Micro Plunges, Newmont Falls, Delta Airlines Jumped

Weekly Roundup: Super Micro Plunges, Newmont Falls, Delta Airlines Jumped

Today's biggest winners and losers in the stock market. On this episode of Stock Movers: -Super Micro Computer (SMCI) shares shares plunged after the U.S. government charged a co-founder of the compan...

20 Mars 5min

Closing Bell: Super Micro Plunges, Dell Rises, Arm Gains

Closing Bell: Super Micro Plunges, Dell Rises, Arm Gains

Today's biggest winners and losers in the stock market. On this episode of Stock Movers: -Super Micro Computer (SMCI) shares shares plunged after the U.S. government charged a co-founder of the compan...

20 Mars 11min

Super Micro Computer, Micron Sink; Dell Rises

Super Micro Computer, Micron Sink; Dell Rises

Today's biggest winners and losers in the stock market. On this episode of Stock Movers:- Super Micro Computer (SMCI) shares shares plunged after the U.S. government charged a co-founder of the compan...

20 Mars 4min

Occidental Rises, Mosaic Falls, Super Micro Plunges as Indictments Add Risk

Occidental Rises, Mosaic Falls, Super Micro Plunges as Indictments Add Risk

On this episode of Stock Movers: - Occidental (OXY) shares higher after J.P. Morgan raised the recommendation on Occidental Petroleum Corp. to neutral from underweight. - Mosaic (MOS) shares fall to t...

20 Mars 4min

FedEx Gains, Super Micro Plunges, Swarmer Surges After IPO

FedEx Gains, Super Micro Plunges, Swarmer Surges After IPO

On this episode of Stock Movers: - FedEx (FDX) shares rose after it raised its full-year profit forecast, sending the courier’s shares up the most in almost a year and signaling the plan to restructur...

20 Mars 4min

FedEx Soars After Boosting Profit Outlook; Unilever Looks to Offload Food Arm; Planet Labs Rises on Earnings

FedEx Soars After Boosting Profit Outlook; Unilever Looks to Offload Food Arm; Planet Labs Rises on Earnings

Today's biggest winners and losers in the stock market. On this episode of Stock Movers: - FedEx (FDX) raised its full-year profit forecast, sending the courier’s shares up the most in almost a year a...

20 Mars 5min

FedEx Raises Outlook; Super Micro Co-Founder Charged; Unilever Looks to Offload Food Business

FedEx Raises Outlook; Super Micro Co-Founder Charged; Unilever Looks to Offload Food Business

Today's biggest winners and losers in the stock market.On this episode of Stock Movers:- FedEx (FDX) raised its full-year profit forecast, signaling that the courier’s plan to restructure its delivery...

20 Mars 3min

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