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(2183)

Centene, Coca-Cola Soar; Spotify Plummets

Centene, Coca-Cola Soar; Spotify Plummets

Today's biggest winners and losers in the stock market.On this episode of Stock Movers:- Centene (CNC) shares jumped after first-quarter profit exceeded Wall Street expectations and the company raised...

28 Apr 2min

UPS Falls, Hilton Worldwide Drops, Vertiv Down as 2Q View Disappoints

UPS Falls, Hilton Worldwide Drops, Vertiv Down as 2Q View Disappoints

On this episode of Stock Movers: - UPS (UPS) shares fall. United Parcel Service Inc. left its financial guidance unchanged despite topping Wall Street's first-quarter sales and profit expectations. Th...

28 Apr 3min

Oracle Drops, UPS Falls, Centene Climbs After Boost to Profit Outlook

Oracle Drops, UPS Falls, Centene Climbs After Boost to Profit Outlook

On this episode of Stock Movers:- Oracle (ticker ORCL) shares drop. Shares in OpenAI partners such as SoftBank Group Corp. and Oracle Corp. tumbled after the Wall Street Journal reported that OpenAI r...

28 Apr 2min

Bed Bath & Beyond Soars; UPS and Spotify Lower

Bed Bath & Beyond Soars; UPS and Spotify Lower

Today's biggest winners and losers in the stock market.On this episode of Stock Movers:- Bed Bath & Beyond (BBBY) is higher after the home goods retailer and investor in blockchain reported net revenu...

28 Apr 3min

Coca-Cola Beats Estimates; OpenAI-Linked Stocks Slump; GM Boosts Profit Outlook

Coca-Cola Beats Estimates; OpenAI-Linked Stocks Slump; GM Boosts Profit Outlook

Today's biggest winners and losers in the stock market.On this episode of Stock Movers:- Coca-Cola (KO) reported comparable earnings per share for the first quarter that beat the average analyst estim...

28 Apr 4min

Barclays Down, Novartis Falls, WPP Disappoints

Barclays Down, Novartis Falls, WPP Disappoints

Today's biggest winners and losers in the stock market.On this episode of Stock Movers:- Barclays traders struggled to capitalize on a volatile quarter with returns falling short of their US rivals.- ...

28 Apr 5min

BP Bonanza, Barclays Down, Novartis Falls

BP Bonanza, Barclays Down, Novartis Falls

Today's biggest winners and losers in the stock market.On this episode of Stock Movers:- BP said earnings jumped in the first quarter as spiraling energy prices and market turmoil triggered by the Ira...

28 Apr 4min

Closing Bell: Micron/Sandisk Gain, Veradermics Surges, Disney Falls

Closing Bell: Micron/Sandisk Gain, Veradermics Surges, Disney Falls

Today's biggest winners and losers in the stock market.On this episode of Stock Movers: Listen for comprehensive cross-platform coverage of the US market close as heard on Bloomberg Television, Bloomb...

27 Apr 5min

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