Vertigo3d Shares of Datadog ( DDOG ) surged 30% on Wednesday after the cloud monitoring and analytics company delivered a first-quarter earnings beat and raised its 2026 outlook, fueling strong investor optimism and lifting exchange traded funds with exposure to the stock. The sharp rally provided a boost to 347 ETFs that hold shares of Datadog. Collectively, those funds own nearly 80 million shar...
Vertigo3d Shares of Datadog ( DDOG ) surged 30% on Wednesday after the cloud monitoring and analytics company delivered a first-quarter earnings beat and raised its 2026 outlook, fueling strong investor optimism and lifting exchange traded funds with exposure to the stock. The sharp rally provided a boost to 347 ETFs that hold shares of Datadog. Collectively, those funds own nearly 80 million shares of the software company, highlighting Datadog’s growing presence across technology and growth-focused investment portfolios. Outlined below are the top 10 ETFs with the largest portfolio allocations towards shares of DDOG: FINQ DOLLAR NEUTRAL U.S. Large Cap AI-Managed Equity ETF ( AINT ), 9.26% allocation. Dana Unconstrained Equity ETF ( DUNK ), 7.57% allocation. ProShares Big Data Refiners ETF ( DAT ), 5.61% allocation. WisdomTree Cybersecurity Fund ( WCBR ), 5.15% allocation. FINQ FIRST U.S. Large Cap AI-Managed Equity ETF ( AIUP ), 4.85% allocation. REX AI Equity Premium Income ETF ( AIPI ), 4.75% allocation. Motley Fool Mid-Cap Growth ETF ( TMFM ), 4.26% allocation. Pacer S&P 500 Quality FCF R&D Leaders ( QFRD ), 4.0% allocation. SPDR Galaxy Transformative Tech Accelerators ETF ( TEKX ), 4.0% allocation. Janus Henderson Transformational Growth ETF ( JXX ), 3.96% allocation. More on markets Goldman Sachs flags Amazon and Alphabet for inflating S&P 500 earnings growth figures Deutsche Bank flags a growing divergence between stocks, oil, and bonds Strait of Hormuz reopening odds jump as U.S.-Iran deal talks advance Samsung joins the $1 trillion club as Apple chip talks spark rally Apollo warns of widening divide in consumer sentiment among U.S. households
Ethiopia’s inflation rate is back above 10% for the first time in five months, after fuel supply challenges pushed up the cost of almost everything. The consumer price index in April climbed to 11.7% on an annual basis from 9.4% in March, according to the statistics agency. Food, which accounts for more than half of the inflation basket, increased by 2.4% in the month. The category with gas and ot...
Ethiopia’s inflation rate is back above 10% for the first time in five months, after fuel supply challenges pushed up the cost of almost everything. The consumer price index in April climbed to 11.7% on an annual basis from 9.4% in March, according to the statistics agency. Food, which accounts for more than half of the inflation basket, increased by 2.4% in the month. The category with gas and other fuels rose 3%. Ethiopia has raised gasoline prices by 35% in the past four weeks on supply disruptions due to the Iran war and the blockade on the Strait of Hormuz, through which around a fifth of the world’s seaborne oil flows. It’s also asked residents to use public transport where possible to reduce the strain on gas stations, where the wait to fill up can be days-long. The fuel shortage threatens to undermine the Horn of Africa nation’s progress in taming price pressures, which have been reduced from a peak of 37% in 2022. Last month, the central bank retained its benchmark interest at 15% to keep a lid on inflation while supporting economic growth, which is seen above 10% this fiscal year.
Just_Super/iStock via Getty Images The offshore yuan appreciated nearly 5% against the dollar last year. The onshore yuan gained about 4.25%. This year has picked up where 2025 left off. Through yesterday, the offshore yuan has added roughly 2.4% this year, the onshore unit 2.6%. That puts it second among emerging market currencies in the region, trailing only the Malaysian ringgit's 3.5% advance....
Just_Super/iStock via Getty Images The offshore yuan appreciated nearly 5% against the dollar last year. The onshore yuan gained about 4.25%. This year has picked up where 2025 left off. Through yesterday, the offshore yuan has added roughly 2.4% this year, the onshore unit 2.6%. That puts it second among emerging market currencies in the region, trailing only the Malaysian ringgit's 3.5% advance. The yuan is not sprinting, but it is moving - and in a direction that Beijing, at least provisionally, is tolerating, if not encouraging. The PBOC's daily fix is the tell. The reference rate was set today at CNY6.8487, the lowest since March 2023. The band around it is 2%, though the currency rarely tests those edges. What matters is the direction of the fix itself, and the direction is unmistakably toward a stronger yuan. Our working assumption is that the fix could drift toward CNY6.80, and perhaps CNY6.68-6.70 in the months ahead, consistent with our broader bearish dollar view. The PBOC rarely telegraphs its tolerance levels, but the cumulative signal from the fixes is hard to misread. Harder to answer is why now, and how far. China's structural position is unambiguous: a large trade and current account surplus means that in aggregate, China must continue to acquire foreign assets. The surplus does not disappear; it gets recycled. The question is by whom and into what. Historically, the PBOC and state-owned banks have been the primary recyclers - parking surpluses in US Treasuries and agency paper, effectively helping to fund American deficits and anchoring the yuan. But outbound direct investment flows and some portfolio outflows suggest that the recycling has become less exclusively state-directed. Private Chinese capital is moving, too. What is being acquired matters as much as who is acquiring it. The PBOC continues to accumulate gold, according to official reports - part of a broader global central bank trend that accelerated after Russia's reserves were frozen in...
A small subset of Netflix viewers just got a new way to find movies and TV shows. The streamer recently started to test an AI-powered native voice search feature with some subscribers, prompting them to press the Netflix button on their remote control to ask for viewing recommendations. Once viewers press the button, they're presented with a few search suggestions, including phrases like "I need a...
A small subset of Netflix viewers just got a new way to find movies and TV shows. The streamer recently started to test an AI-powered native voice search feature with some subscribers, prompting them to press the Netflix button on their remote control to ask for viewing recommendations. Once viewers press the button, they're presented with a few search suggestions, including phrases like "I need a good cry," "watch in the background," and "help me stay awake." Each of these suggestions leads to a set of viewing recommendations, but there's also an "Ask" button with a waveform icon. Select it, and you'll start an AI-powered voice search that … Read the full story at The Verge.
The 2027 BMW iX3 is now available in the US, and its starting price my surprise and delight fans of the Bavarian automaker. The iX3, which is the first vehicle built on BMW's next-gen Neue Klasse platform, starts at $62,850 including shipping, which is about $5,000 less than the equivalent gas-powered BMW X3 M50 xDrive (starting price $67,850). US customers can start configuring their vehicle now ...
The 2027 BMW iX3 is now available in the US, and its starting price my surprise and delight fans of the Bavarian automaker. The iX3, which is the first vehicle built on BMW's next-gen Neue Klasse platform, starts at $62,850 including shipping, which is about $5,000 less than the equivalent gas-powered BMW X3 M50 xDrive (starting price $67,850). US customers can start configuring their vehicle now on BMW's website, with deliveries expected to start in September. The iX3 coming in at a starting price that's less than its equivalent gas car is a good sign for EV affordability in the US. EVs are still, on average, more expensive than ICE veh … Read the full story at The Verge.
In this article EBAY GME Follow your favorite stocks CREATE FREE ACCOUNT watch now VIDEO 1:47 01:47 GameStop's letter from TD Bank stipulates combination has to be investment grade, sources say Squawk on the Street GameStop 's mysterious financing letter underpinning its audacious $56 billion bid for eBay is emerging as a central issue in the proposed takeover, as questions mount over whether the ...
In this article EBAY GME Follow your favorite stocks CREATE FREE ACCOUNT watch now VIDEO 1:47 01:47 GameStop's letter from TD Bank stipulates combination has to be investment grade, sources say Squawk on the Street GameStop 's mysterious financing letter underpinning its audacious $56 billion bid for eBay is emerging as a central issue in the proposed takeover, as questions mount over whether the deal is actually financeable. The video game retailer said it has lined up a $20 billion financing commitment from TD Securities, part of TD Bank. But a key condition attached to this letter could ultimately make or break the deal: the combined company would need to maintain an investment-grade credit profile, CNBC's David Faber reported, citing people who have seen the document. Moody's Ratings said Wednesday the proposed acquisition would be "credit negative" for eBay because of the substantial increase in leverage implied by the deal structure. The ratings agency estimated leverage for the combined company could approach nine times debt to earnings before interest, taxes, depreciation and amortization before accounting for any cost-saving synergies. That level of indebtedness would likely push the combined company below investment grade, potentially undermining a key condition attached to the TD financing package. The proposed takeover has raised immediate questions about how GameStop could fund a deal of that size. The video game retailer's market value of roughly $11 billion is only a fraction of the transaction's implied value. CEO Ryan Cohen offered limited clarity on the structure other than saying his company has the ability to issue additional stock in order to get the deal done. EBay confirmed that it received the offer in a statement Monday, and said its board would review it. Semafor reported on the mysterious letter Wednesday. Choose CNBC as your preferred source on Google and never miss a moment from the most trusted name in business news.
(This is The Best Stocks in the Market , brought to you by Josh Brown and Sean Russo of Ritholtz Wealth Management.) Josh — We're going to take a break from the AI capex buildout theme today and take a look at another area of the market that's not so hot. A major energy merger has closed, and the combination of Devon Energy and Coterra Energy has created a gigantic player with one of the lowest co...
(This is The Best Stocks in the Market , brought to you by Josh Brown and Sean Russo of Ritholtz Wealth Management.) Josh — We're going to take a break from the AI capex buildout theme today and take a look at another area of the market that's not so hot. A major energy merger has closed, and the combination of Devon Energy and Coterra Energy has created a gigantic player with one of the lowest costs of production in the patch. Today Devon Energy and Coterra Energy officially became one company. We're looking at the stock in a drawdown, not as it's making a new high. The stock fell Wednesday from a confluence of having reported a so-so earnings quarter along with the typical merger arbitrage related pressure that comes along with closing of a deal. That pressure should abate and the stock may find support here. We're writing about it at what may end up being a very attractive entry for people who do not currently have energy exposure. Now that the companies have combined, it's important for new investors to understand why they did the deal in the first place. Both operators already owned premier acreage in the Delaware Basin. That's the western sub-basin of the Permian in West Texas and southeastern New Mexico, and it has emerged as the most productive and economical place to drill for oil in the country. Rather than compete for the same inventory separately, they decided to dominate it together. The combined company enters the world as the leading Delaware operator, with over 10 years of high-quality drilling locations, 1.6 million barrels of oil equivalent per day in production, and a $58 billion enterprise value that puts it in a different conversation than either company could claim on its own. The market will be watching whether management delivers on two simultaneous $1 billion efficiency programs: Devon's standalone optimization plan that's nearly complete, and the $1 billion in merger synergies targeted by year-end 2027. If they hit both, the free cash flow ...