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(2176)

Apple Tops Sales Estimates, Roblox Tumbles After Earnings, Reddit Beats

Apple Tops Sales Estimates, Roblox Tumbles After Earnings, Reddit Beats

Today's biggest winners and losers in the stock market. On this episode of Stock Movers, we recap several earnings after the bell: - Apple (AAPL) delivered second-quarter revenue that edged past analy...

30 Apr 4min

Closing Bell: Rivian Delivers Earnings, Qualcomm Rallies, Roblox Crates Afterhours

Closing Bell: Rivian Delivers Earnings, Qualcomm Rallies, Roblox Crates Afterhours

On this episode of Stock Movers, we get a roundup of earnings after the bell: Listen for comprehensive cross-platform coverage of the US market close as heard on Bloomberg Television, Bloomberg Radio...

30 Apr 9min

Eli Lilly Soars, Caterpillar Jumps, Royal Caribbean Rises

Eli Lilly Soars, Caterpillar Jumps, Royal Caribbean Rises

On this episode of Stock Movers: - Eli Lilly (LLY) surprised Wall Street by raising its annual sales and profit forecast, as demand for obesity medications soared and thousands of patients started tak...

30 Apr 4min

Meta Plunges, Ford Slides, Eli Lilly Gains After Boosting Sales View

Meta Plunges, Ford Slides, Eli Lilly Gains After Boosting Sales View

On this episode of Stock Movers:- Meta (META US) shares plunge after the company raised its spending outlook for the year, driven by its AI strategy and higher component pricing. The social media gian...

30 Apr 3min

Alphabet Soars, Qualcomm Rallies, Pershing Square Rises After Bill Ackman Bought Shares in First Trading Day

Alphabet Soars, Qualcomm Rallies, Pershing Square Rises After Bill Ackman Bought Shares in First Trading Day

On this episode of Stock Movers:- Alphabet (GOOGL) shares soared by the most in nearly eight months after the company reported strong demand for its cloud and artificial intelligence offerings, signal...

30 Apr 4min

Royal Caribbean, Chipotle, and Eli Lilly All Rise

Royal Caribbean, Chipotle, and Eli Lilly All Rise

Today's biggest winners and losers in the stock market.On this episode of Stock Movers:- Royal Caribbean (RCL) is climbing after it logged a higher profit and revenue in the first quarter as demand re...

30 Apr 4min

Alphabet and Microsoft Climb; AI Spending Sends Meta Lower

Alphabet and Microsoft Climb; AI Spending Sends Meta Lower

Today's biggest winners and losers in the stock market.On this episode of Stock Movers:- Alphabet (GOOG) shares are higher this morning after the Google parent reported first-quarter results that beat...

30 Apr 4min

Whitbread Plan, Volkswagen, Air France-KLM's Bill

Whitbread Plan, Volkswagen, Air France-KLM's Bill

Today's biggest winners and losers in the stock market.On this episode of Stock Movers:- Whitbread is launching a new five-year plan to reduce capital investment by over £1b and recycle £1.5b of prope...

30 Apr 4min

Populärt inom Politik & nyheter

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