The highest-valued cloud stocks have been on a tear of late and just got a further boost from data analytics and monitoring company Datadog, whose results blew past analysts’ estimates. Datadog shares jumped 15% on Thursday to close at a record $132.47. Heading into the day, Datadog traded for about 32 times revenue over the
Jamie Dimon, chairman and chief executive officer of JPMorgan Chase & Co., listens during a Business Roundtable CEO Innovation Summit discussion in Washington, D.C., Dec. 6, 2018. Andrew Harrer | Bloomberg | Getty Images With little fanfare, JPMorgan Chase has started giving its wealth management clients access to six crypto funds in the past month.
Virgin Galactic’s passenger rocket plane VSS Unity, carrying Richard Branson and crew, begins its ascent to the edge of space above Spaceport America near Truth or Consequences, New Mexico, U.S. July 11, 2021 in a still image from video. Virgin Galactic | via Reuters Virgin Galactic delivered second-quarter results after the market closed on Thursday
It might be time, again, to protect your credit. An estimated 1 million U.S. and global credit cards were released by a Russian criminal organization on the so-called dark web, according to analysts at cybersecurity firm Q6. The group, which calls itself “All World Cards,” offers stolen credit card information to other criminals. Although there’s
WallStreetBets brought some major short-sellers to their knees, but they began an initiative much larger than themselves
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A man gets vaccinated against COVID-19 at a vaccination festival in New Orleans, New Orleans, Louisiana, the United States, on May 29, 2021. Lan Wei | Xinhua News Agency | Getty Images More and more people who were once vaccine hesitant in several Southern states are now getting their first shots as the delta Covid
In this article ADS-DE LONDON — Adidas has increased its outlook for the year, despite a drop in sales in China where some consumers have boycotted the sportwear brand for its stance against alleged human rights abuses. In its second-quarter earnings report Thursday, Adidas said revenue had picked up everywhere except Greater China, particularly in
In this article EPC W FSLY BKNG The logo of US cloud computing services provider Fastly is seen on a smartphone screen. Pavlo Gonchar | SOPA Images | LightRocket via Getty Images Check out the companies making headlines in midday trading. Robinhood — Shares of the trading app dropped more than 14% after the newly
Close up imagery of the dredging operations underway around the Ever Given in the Suez Canal, captured by the company’s WorldView-3 satellite on Saturday, March 27, 2021. Maxar Technologies Space company Maxar Technologies shares dropped in trading Thursday after it announced another delay to the launch of its next-generation imagery satellites. “We have decided to
Peter Cade | Getty Images It looks like some older workers might get a boost in how much extra money they can put in their retirement accounts. So-called catch-up contributions — amounts permitted above the usual contribution limits — would be expanded for workers in their 60s, under legislation pending in Congress. While the details
Photo by Ariel Skelley via Getty Images Investors are piling into municipal bonds — also known as muni bonds or “munis” — ahead of President Joe Biden‘s proposed tax hikes. However, some retirees may be hit with a costly surprise: higher Social Security levies and Medicare premiums. During the first six months of 2021, U.S.
Wednesday, the Congressional Budget Office (CBO) published its annual analysis of the distribution of American household incomes and tax burdens, this time for 2018, the year after the Tax Cuts and Jobs Act (TCJA) was enacted. CBO data shows that the TCJA reduced federal tax rates for households across every income level while increasing the
Solid Companies for Investors Interested in Medical Stocks and Big Boats
From vaccines to diagnostics, the opportunities in biotechnology are rich for those who do their homework.
In this article MRNA A medical worker from Parrish Medical Center holds a vial of the Moderna COVID-19 vaccine at a drive through vaccination clinic for employees of Port Canaveral, workers at local hotels and restaurants, and residents of the Port Canaveral community. Paul Hennessy | LightRocket | Getty Images Moderna said its Covid-19 vaccine
In this article W A Wayfair employee works at his desk at the Boston headquarters of Wayfair on July 31, 2018. Suzanne Kreiter | Boston Globe | Getty Images Furniture seller Wayfair reported second-quarter earnings on Thursday that topped analyst estimates, but its revenue fell short. Shares of the company rose nearly 5% in premarket
New Oriental is located at the West Yintai Campus, Hangzhou city, Zhejiang Province, China, on August 2, 2021. Costfoto | Barcroft Media | Getty Images The Chinese government’s sudden crackdown on after-school education companies is raising costs for many parents and throwing millions of jobs into uncertainty. In a country where parents prize a good
Hopin founder and CEO Johnny Boufarhat. Hopin LONDON — When Johnny Boufarhat founded his virtual events business two years ago, there was no pandemic, no lockdowns and no travel restrictions. That all changed in 2020. The coronavirus outbreak forced a multitude of major events and conferences to be cancelled or postponed, as governments around the
Billionaire American businessman Jeff Bezos walks with Blue Origin’s President and CEO Bob Smith after Bezos flew on the company’s inaugural flight to the edge of space, in the nearby town of Van Horn, Texas, U.S. July 20, 2021. Joe Skipper | Reuters Jeff Bezos’ space company remains on the offensive in criticizing NASA’s decision