{"id":10691,"date":"2023-11-07T15:53:18","date_gmt":"2023-11-07T15:53:18","guid":{"rendered":"https:\/\/infundpros.com\/markets\/datadog-d-r-horton-sanmina-alteryx-planet-fitness-and-more-stock-market-movers\/"},"modified":"2023-11-07T15:53:18","modified_gmt":"2023-11-07T15:53:18","slug":"datadog-d-r-horton-sanmina-alteryx-planet-fitness-and-more-stock-market-movers","status":"publish","type":"post","link":"https:\/\/infundpros.com\/?p=10691","title":{"rendered":"Datadog, D.R. Horton, Sanmina, Alteryx, Planet Fitness, and More Stock Market Movers"},"content":{"rendered":"<div id=\"js-article__body\" itemprop=\"articleBody\" data-sbid=\"WP-BAR-0000791716\">\n<div data-layout=\"wrap\n              \" data-layout-mobile=\"\" class=\"\n        media-object\n        type-InsetMediaIllustration\n          wrap\n  article__inset\n        article__inset--type-InsetMediaIllustration\n          article__inset--wrap\n    article__inset--lead\n  \"><\/p>\n<p>        <!-- eventually when we know what this card will be we can change it and leave this one --><\/p>\n<figure class=\"\n        media-object-image\n        enlarge-image\n        img-wrap\n        article__inset__image\n      \" itemscope=\"\" itemtype=\"http:\/\/schema.org\/ImageObject\"><\/p>\n<\/figure><\/div>\n<p>Stocks traded mostly lower Tuesday\u00a0after Neel Kashkari, the president of the Federal Reserve Bank of Minneapolis,\u00a0told The Wall Street Journal that the central bank still has work to do to bring inflation down to its target of 2%, denting rising hopes the Fed was done hiking interest rates. <\/p>\n<p>Wall Street entered Tuesday with the<br \/>\n        S&amp;P 500<br \/>\n       closing higher for a sixth-straight session and the<br \/>\n        Nasdaq Composite<br \/>\n       posting its seventh-straight day of gains, the longest streak since January.<\/p>\n<div class=\"paywall\">\n<p>These stocks were poised to make moves Tuesday:\u00a0<\/p>\n<p>\n        Datadog<br \/>\n       (DDOG) jumped 26% after the security software provider topped third-quarter profit expectations and issued a solid outlook driven by more customers transitioning to the cloud.<\/p>\n<p>\n        Uber Technologies<br \/>\n       (UBER) reported its second-ever operating profit in the third quarter, but revenue of $9.3 billion missed analysts\u2019 estimates of $9.5 billion. The company also reported third-quarter gross bookings of $35.3 billion, above Wall Street estimates of $34.6 billion and an increase of 21% from $29.1 billion a year earlier. The stock was down 0.4%.<\/p>\n<p>\n        D.R. Horton<br \/>\n       (DHI), the largest publicly traded home builder in the U.S., reported fiscal fourth-quarter earnings of $4.45 a share on revenue of $10.5 billion. Analysts had expected the company to report earnings of $3.94 a share on revenue of $10 billion.<br \/>\n        D.R. Horton<br \/>\n       also raised its quarterly dividend to 30 cents a share from 25 cents. The stock was up 2.8%.<\/p>\n<p>International Flavors &amp; Fragrances (IFF) announced an agreement to continue a previous cooperation agreement with\u00a0Icahn Capital LP\u00a0and its affiliates. The company, which makes flavors and fragrances used in food, beverage, personal care and household products, also swung to a profit in the third quarter from a year-earlier loss. Shares rose 2.8%.<\/p>\n<p>\n        Sanmina<br \/>\n       (SANM) was down 13% after the electronics manufacturing company said it expects fiscal first-quarter adjusted profit of $1.20 to $1.30 a share, below analysts\u2019 estimates of $1.52, and revenue of $1.85 billion to $1.95 billion, below estimates of $2.19 billion.<\/p>\n<p>\n        Alteryx<br \/>\n       (AYX) was rising 17% after the software company reported a narrower-than-expected third-quarter loss and sales of $232 million that beat analysts\u2019 estimates.\u00a0<\/p>\n<p>\n        Tripadvisor<br \/>\n       (TRIP) rose 4.5% after the online travel platform reported adjusted earnings and sales in the third quarter that beat Wall Street expectations. Sales of $533 million rose 16% from a year earlier.<\/p>\n<p>\n        Vertex Pharmaceuticals<br \/>\n       (VRTX) reported third-quarter adjusted earnings of $4.08 a share, topping Wall Street expectations of $3.92. Revenue rose 6% to $2.48 billion but just missed forecasts. Vertex said the revenue gains primarily were driven by the \u201ccontinued performance\u201d of its cystic fibrosis drug Trikafta in the U.S. Vertex raised its full-year guidance for cystic-fibrosis product revenue to $9.85 billion, versus  prior guidance of $9.7 billion to $9.8 billion. The stock declined 2.3%.<\/p>\n<p>Third-quarter earnings and revenue at<br \/>\n        Planet Fitness<br \/>\n       (PLNT) beat analysts\u2019 expectations while same-store sales in the period matched expectations. The stock rose 16%.<\/p>\n<p>\n        GlobalFoundries<br \/>\n       (GFS) was up 6.1% after the the contract chip manufacturer\u2019s third-quarter earnings topped analysts\u2019 expectations.<\/p>\n<p>Write to Joe Woelfel at\u00a0joseph.woelfel@barrons.com<\/p>\n<\/p><\/div>\n<\/div>\n<p>Read the full article <a href=\"https:\/\/www.marketwatch.com\/articles\/stock-market-movers-67e60327?mod=markets\" target=\"_blank\" rel=\"noopener\">here<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Stocks traded mostly lower Tuesday\u00a0after Neel Kashkari, the president of the Federal Reserve Bank of Minneapolis,\u00a0told The Wall Street Journal that the&#8230;<\/p>\n","protected":false},"author":1,"featured_media":5075,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[25],"tags":[],"class_list":{"0":"post-10691","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-markets"},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v21.3 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Datadog, D.R. 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