Here are some of the names moving in midday trading: $Datadog (DDOG.US)$ — Shares rallied more than 30% after the cloud company reported a third-quarter earnings and revenue beat before the bell. Datadog’s guidance for both earnings per share and revenue for the fourth quarter and the full year also exceeded expectations. $Biomarin Pharmaceutical (BMRN.US)$ l — The pharma stock gained 11.4% after activist investor Elliott Investment Management built a stake in the company, according Reuters, citing two people familiar with the matter. $GlobalFoundries (GFS.US)$ — The semiconductor stock added about 7% after the GlobalFoundries posted an earnings beat for its third quarter. Guidance for fourth-quarter earnings was stronger than expected, but revenue estimates missed expectations.
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Jan 23 16:54
MicroStrategy Q4 2024 earnings conference call
Reassessing Chinese Assets
Following the introduction of China's groundbreaking DeepSeek technology, Wall Street giants have revised their investment outlooks for the Chinese market.