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Shares of cloud monitoring software company Datadog (NASDAQ:DDOG) fell 14.9% in the pre-market session after the company reported disappointing fourth quarter results and provided full-year revenue and EPS guidance below Wall Street's estimates. Despite strong revenue growth of 25% year on year, operating margins shrunk, and the outlook suggests a slowdown in growth. Notably, the guidance implied a 10% y/y decline in net new revenue, and when combined with the weaker margins, could suggest the c

Shares of online community and discussion platform Reddit (NYSE:RDDT) fell 19.8% in the pre-market session after the company reported mixed fourth-quarter results: revenue, EPS, and EBITDA all outperformed Wall Street's estimates, but lower-than-anticipated domestic user growth weighed on investor sentiment. Reddit also provided optimistic revenue and EBITDA guidance for the next quarter, which blew past analysts' expectations.

Shares of financial services company Robinhood (NASDAQ:HOOD) jumped 15.3% in the pre-market session after the company reported strong fourth quarter 2024 results, which blew past analysts' revenue, EPS, and EBITDA expectations.

Shares of footwear company Crocs (NASDAQ:CROX) jumped 21% in the pre-market session after the company delivered solid fourth-quarter 2024 results, surpassing analysts' revenue, EPS, and EBITDA estimates. Revenue increased by 3.1%, led by a 4% rise in the core Crocs brand, while HEYDUDE sales remained flat. Strength in direct-to-consumer sales, particularly in China and North America also helped offset weaker wholesale performance.

Shares of healthcare products company West Pharmaceutical Services (NYSE:WST) fell 34.9% in the afternoon session after the company reported disappointing fourth-quarter 2024 results: its full-year revenue and earnings guidance fell short of Wall Street's estimates. Adjusted EPS declined slightly y/y, reflecting margin pressures and a less favorable product mix. These factors contributed to the lower-than-expected full-year EPS guidance.

(Bloomberg) -- For Soroban Capital Partners founder Eric Mandelblatt, the future growth of stock-picking hedge funds won’t come from hedging. Most Read from BloombergCan Portland Turn a Corner?Why American Mobility Ground to a HaltSaudi Arabia’s Neom Signs $5 Billion Deal for AI Data CenterSpaceX Bid to Turn Texas Starbase Into City Is Set for Vote in MayCutting Arena Subsidies Can Help Cover Tax Cuts, Think Tank Says“Where the world is heading, I think long-short will struggle to be a growth as

Shares in China's Xiaomi are up more than 20% in Hong Kong this year as the smartphone maker aims to deliver 300,000 EVs in 2025.