CheckMan Stock Market Overview

Datadog NASDAQ: DDOG shares are down hard following its Q1 release and may be in the doghouse. However, heightened expectations, tepid guidance, and the exit of long-time president Amit Agarwal are also at play, suggesting a knee-jerk reaction to the news and a buy-the-dip opportunity for investors.

Emerson Electric (EMR) came out with quarterly earnings of $1.36 per share, beating the Zacks Consensus Estimate of $1.26 per share. This compares to earnings of $1.09 per share a year ago.

Healthy top-line growth led by strength in the enterprise vertical enable Arista (ANET) to beat first-quarter 2024 earnings estimates.

Target Hospitality (TH) came out with quarterly earnings of $0.20 per share, beating the Zacks Consensus Estimate of $0.15 per share. This compares to earnings of $0.40 per share a year ago.

Key Takeaways

Ford Motor Company (NYSE:F) has said it is ready to cut petrol car sales in order to avoid fines under the UK's zero-emission vehicle (ZEV) mandate. Such moves from manufacturers could lead to increasing prices, Ford European electric vehicle (EV) boss Martin Sander warned, but may well be the only way to avoid penalties.

The Canadian e-commerce company beat on the top and bottom line, but it gave downbeat guidance for the second quarter.

After being one of the year's top-performing S&P 500 stocks in the first months of 2024, Uber's (NYSE: UBER) chart started forming a bow-like curvature with the most recent trend being downward.

NiSource (NI) came out with quarterly earnings of $0.85 per share, beating the Zacks Consensus Estimate of $0.81 per share. This compares to earnings of $0.77 per share a year ago.

Shopify stunned investors after reporting a surprise loss for the first three months of the year. The e-commerce platform posted a $273 million loss for the first quarter.