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GTLB News14 articles
Small Caps Outperform as Tech Rally Loses Steam
Small-cap shares outperformed the broader market on Wednesday, while technology stocks faded. Oil prices and Treasury yields remained elevated, and investors awaited key jobs data.
Small Caps Outperform as Oil Steadies Near $91; Tech Lags
Small-cap stocks outpaced the broader market on September 2 as crude oil hovered near $91 and Treasury yields stabilized. Dell, Nvidia, and GitLab jumped on earnings, while MongoDB and Credo slumped.
Small Caps Surge as Cyclicals Outperform; Materials, Financials Lead
Small-cap stocks outpaced the broader market Wednesday as materials and financials rallied, while technology lagged. ADP jobs data missed estimates, and oil prices climbed above $90.
GitLab Shares Jump 14% on Strong Revenue, ARR Growth
GitLab (GTLB) shares rose 14% after quarterly revenue and ARR growth topped 40%, though adjusted free cash flow fell sharply.
Small Caps Lead as ADP Report Signals Cooling Labor Market
Small-cap stocks outperformed the Nasdaq on Wednesday after ADP data showed sluggish private hiring in August. IWM rose 0.65% while QQQ slipped 0.22%.
Stock Futures Slip as ADP Payrolls Miss; Oil Steadies Near $90
U.S. stock futures slipped after ADP private payrolls rose 38,000 in August, missing forecasts. Oil held near $90, while Treasury yields eased. GitLab surged, MongoDB dropped.
S&P Futures Edge Higher as Oil Retreats Below $90 Ahead of ADP Data
S&P futures edged up as oil slipped under $90, with investors awaiting ADP payrolls. GitLab jumped 20.9% post-earnings, MongoDB fell 12.5%.
Nasdaq Futures Slip as Oil Holds Above $90, Yields Remain Elevated
Nasdaq-100 futures dropped 0.5% early Wednesday as oil prices held near $90 and Treasury yields stayed elevated, pressuring growth stocks ahead of ADP data.
Tech Futures Slide as Oil Above $90 Heightens Rate Jitters
Nasdaq futures fell 0.57% as oil above $90 and a 10-year yield near 4.82% tightened financial conditions, pressuring tech shares. Dell and GitLab gained on earnings, MongoDB fell.
Tech Futures Slide as Treasury Yields Reach 4.8%
Nasdaq-100 futures fell 0.54% as the 10-year Treasury yield held near 4.8%, overshadowing strong earnings from GitLab and Dell. MongoDB dropped 13.9% despite raising its outlook.
GitLab Surges on AI Growth Prospects and Workforce Reduction
GitLab shares jumped 7% in after-hours trading after beating sales estimates and raising its annual forecast, while announcing a 14% workforce reduction to focus on its AI-powered Duo Agent Platform.
GitLab Restructuring and AI Pivot Trigger Share Decline
GitLab Inc. will cut jobs and restructure global operations to invest in AI agents, sending shares down 9.6%. Raymond James downgraded the stock, citing execution risks.
Nasdaq Futures Dip as Oil Surge and CPI Data Test Wall Street Records
Nasdaq 100 futures fell 0.68% early Tuesday as traders braced for April CPI data and oil prices surged, threatening Wall Street's recent record highs. Goldman Sachs pushed its rate cut forecast to December.
GitLab Shares Rise on Expanded Anthropic Claude Integration for AI Coding
GitLab shares climbed 3.2% after expanding its Anthropic partnership, integrating Claude Opus 4.7 into its Duo Agent Platform for enterprise AI coding tools with compliance and audit controls.