Amazon announced that it has reached an agreement for an enhanced collaboration with Shopify (SHOP) yesterday after the market closed. Shares rose in extended trading and they picked right back up this morning, as the stock has gained more than 9% so far in Thursday’s session. Amazon and Shopify already had a partnership in [...]
Lyft (LYFT) has been trending positively over the past few months, and CEO David Risher has decided to hop aboard with an insider purchase of $1.15m in company stock. He flat out said, “I’m putting my money where my mouth is”. The purchase works out to 100,000 shares of the company’s common stock. Risher [...]
Shares of Datadog Inc. (DDOG) have fallen more than 18% in Tuesday morning’s trading session so far. The company delivered quarterly earnings that topped the analyst outlook for the quarter that just ended - that’s not the issue. The problem is in the forecast for the current quarter and the remainder of the year [...]
Gaming software developer Unity (U) saw its shares rise more than 15% yesterday in Tuesday’s trading session. And so far today on Wednesday, shares picked up where they left off - up another 3%. This all comes from an announcement that the company is claiming its stake in the AI landscape with a revolutionary [...]
After the market closed yesterday, C3.ai (AI) reported fiscal 4th quarter earnings. The company exceeded analyst estimates for revenue and profit alike - and yet, the stock fell off a cliff. Revenue of $72.4 million came in well above the $71 million estimation from Wall Street. And while the company still reported a negative [...]
Yesterday, C3.ai (AI) jumped more than 18% after the predictive analytics company raised its outlook. While the exact results for the quarter will be available toward the end of May, the preliminary figures are promising. Revenue looks to be somewhere between $72.1 million to $72.4 million, beating out the previous guidance the company laid [...]
As more and more companies dive into the world of AI and attempt to capitalize on the hype, Snowflake (SNOW) is the latest to receive a bump. The stock is up more than 13% in the past week, and is still climbing today - up nearly 2% in Tuesday’s trading session. On Monday, Brad [...]
Shopify (SHOP) investors were delighted to witness a 27%+ jump in stock price this morning. But, those who have been invested in the company for a while are even more excited about the long-term outlook for the company, as the news that got us here today is that Shopify announced the sale of its [...]
This morning, Unity (U) released a statement announcing its plans to slash the workforce by about 8% - doing away with 600 jobs. This is part of a larger restructuring effort, as the video game software developer is working hard to achieve long-term, profitable growth. The company is rethinking the structure of specific teams [...]
