Datadog Inc (NASDAQ:DDOG) reported first quarter results that topped Wall Street expectations and raised its full-year guidance, prompting Wedbush to lift its price target on the cloud monitoring and analytics company to $220 from $190 while maintaining its 'Outperform' rating.
Shares of Datadog surged almost 30% to about $186 on Thursday afternoon.
Arm Holdings PLC (NASDAQ:ARM)'s fiscal fourth-quarter and June-quarter results were roughly in line with expectations, but the stock fell over 11% on Thursday as investors weigh the gap between strong enthusiasm for its AI opportunity and the more limited near-term execution, according to Bank of America analysts.
BofA's core takeaway is that the agentic CPU growth story is real, but it's likely already baked into the stock price.
Shake Shack (NYSE:SHAK) reported first quarter financial results that missed Wall Street estimates on both earnings and revenue, prompting a sharp drop in its shares of almost 28% on Thursday morning.
The company reported break-even adjusted earnings per share, compared with analyst expectations of $0.12.
Whirlpool Corporation (NYSE:WHR) reported a steep first-quarter loss and slashed its full-year outlook, citing rapid deterioration in macroeconomic conditions driven by the Iran war.
The appliance maker posted revenue of $3.27 billion for the first quarter of 2026, falling short of analyst estimates of $3.51 billion and down 9.6% from a year earlier. Adjusted earnings per share came in at a loss of $0.56, badly missing the consensus estimate of $0.62. Ongoing EBIT margin contracted 4.6 percentage points year-over-year to just 1.3%.
Fortinet Inc (NASDAQ:FTNT) reported stronger-than-expected results for the first quarter of 2026, sending its shares more than 21% higher to about $109 on Thursday morning.
For Q1, revenue rose 20% year over year to $1.85 billion, compared with analyst expectations of about $1.73 billion.
Unity Software Inc (NYSE:U) beat Q1 revenue estimates and posted a sharp jump in adjusted earnings but took a $279 million impairment charge related to shutting down its ironSource ad network and selling off its Supersonic game publishing unit.
The San Francisco-based company posted revenue of $508 million for the quarter ended March 31, up 17% from a year earlier and slightly above the $506 million analysts had forecast.
Tapestry Inc (NYSE:TPR) reported stronger-than-expected results for the fiscal third quarter, with earnings and revenue both coming in ahead of Wall Street forecasts, and also raised its full year outlook.
For the quarter, the luxury fashion brand holding company posted adjusted earnings of $1.66 per share, exceeding analyst expectations of $1.31.
Virtuix Holdings Inc (NASDAQ:VTIX) has been selected as the lead integrator for a virtual reality infantry training system for the US Marine Corps, the Austin, Texas-based company announced May 5, as it simultaneously moves to expand its defense footprint through potential acquisitions.
Working through strategic partner KBR, Virtuix will build a multi-user training system for the Marine Corps Training and Education Command (TECOM) incorporating four of its Omni One omni-directional treadmills.
M2i Global Inc (OTC:MTWO) is set to become a wholly owned subsidiary of Volato Group after shareholders of the aviation software company voted overwhelmingly in favor of the companies' planned merger.
The number of shares present or represented by valid proxy at the special meeting was 15.1 million, representing approximately 40% of total shares entitled to vote.
AppLovin Corp (NASDAQ:APP) reported better-than-expected first quarter results and raised its outlook for the current quarter, driven by continued strength in its AI-powered advertising business.
The marketing and advertising technology company posted first-quarter revenue of $1.84 billion, up 59% from a year earlier and ahead of analyst estimates of about $1.77 billion.
Shares in S4 Capital PLC (LSE:SFOR, OTC:SCPPF, FRA:9S4) fell 13.1% to 36.29p after Sir Martin Sorrell's digital advertising group reported lower first-quarter revenue and flagged continued client caution.
Net revenue fell 8.9% to £149.2 million, or 5.0% on a like-for-like basis, reflecting macroeconomic uncertainty and reduced spending from technology clients.
JD Sports Fashion PLC (LSE:JD., OTC:JDSPY) shares jogged 3% higher to 70.02p after the retailer hiked its dividend 20% and launched a £200 million buyback, with cash flow for the past year stronger than expected despite tough trading that weighed on profits.
Revenue for the trainers and sportswear specialist rose 10.5% to £12.7 billion in the 52 weeks to end-January, helped by acquisitions.
Shares in Flutter Entertainment PLC (LSE:FLTR, NYSE:FLUT), the world's largest online sports betting and gaming operator, fell 4% to 7,404p after the company reported a sharp drop in profits and trimmed its full-year guidance, overshadowing a stronger-than-expected revenue performance.
Net income fell 38% to $209 million in the first quarter, with earnings per share down 22% to $1.23, as costs from recent acquisitions and investment in its US prediction markets business weighed on the bottom line. Adjusted EBITDA rose just 2% to $631 million on revenues up 17% to $4.3 billion.