Commentary and clips about what's moving the markets - stocks, options, economic data, futures, cryptocurrencies, and more
Key Points
Geopolitical risk once again captured the market’s attention today, as military activity within Iran pushed crude oil prices higher. U.S. equities finished lower, with the S&P 500 rising 0.38%, the Nasdaq-100 declining 0.12%, and the Russell 2000 the biggest laggard, down 1.63%. Communication Services and Information Technology led to the upside, while Materials, Energy, and Industrials lagged during the session.
DoorDash (DASH) Rises Despite Mixed Q1 Results and Soft Guidance
DoorDash (DASH) reported mixed Q1 results, beating on earnings but missing on revenue and issuing slightly soft Q2 guidance. Despite the tempered outlook, the stock moved higher as in-line gross order value and modest expectations helped support a positive sentiment. DoorDash finished the session up 2%.
Datadog (DDOG) Tops Q1 Estimates, Driven by Strong AI Demand
Datadog (DDOG) delivered a strong Q1, with revenue surpassing expectations and growing over 30% year over year, alongside solid margin expansion and robust free cash flow generation. The company also saw healthy growth in large enterprise customers, underscoring continued traction across its platform. Management highlighted ongoing momentum driven by enterprise adoption of AI-enabled, cloud-based infrastructure.
Economic Events for Tomorrow
5:45am — FOMC Member Cook Speaks
8:30am — Average Hourly Earnings
8:30am — Non-Farm Employment Change
8:30am — Unemployment Rate
10:00am — Prelim UoM Consumer Sentiment
10:00am — Prelim UoM Inflation Expectations
10:00am — Final Wholesale Inventories
7:30pm — FOMC Member Bowman Speaks
7:30pm — FOMC Member Daly Speaks
7:30pm — FOMC Member Goolsbee Speaks
7:30pm — FOMC Member Waller Speaks
Earnings Calendar
Before Market Open: ENB, WULF, FLR, WEN
After Market Close: n/a
For more see: What to Consider When Investing with Markets at All-Time Highs | Schwab Network