Article
Datadog Crashes Most On Record As 2Q Gross Margin Disappoints Despite Forecast Boost
Datadog Crashes Most On Record As 2Q Gross Margin Disappoints Despite Forecast Boost
Shares of cloud-monitoring and security company Datadog crashed the most on record in premarket trading in New York, as stronger-than-expected second-quarter results and an upgraded full-year profit and revenue outlook still failed to satisfy the market's high expectations.
Datadog now expects full-year adjusted earnings of $2.50 to $2.54 a share, up from $2.36 to $2.44 and above the $2.42 Bloomberg Consensus. Revenue is projected at $4.45 billion to $4.47 billion, compared with its previous forecast of $4.30 billion...
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Vance: Federal Government Has Identified $230 Billion In Fraud Since March
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Authored by Emel Akan via The Epoch Times,
Vice President JD Vance said on Aug. 5 that the Trump administration has identified $230 billion in fraud and prevented $56 billion in fraudulent payments since the president’s Fraud Task Force was established in March.
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