Datadog, Uber, S&P Global And More: CNBC's 'Final Trades'
Joseph M. Terranova of Virtus Investment Partners picked Datadog, Inc. (NASDAQ:DDOG) as his final trade on the Thursday edition of CNBC's “Halftime Report Final Trades.”
On May 7, Datadog clocked fiscal first-quarter revenue growth of 27% year-on-year to $611.3 million. The company beat the analyst consensus estimate of $591.3 million. Adjusted EPS of 44 cents beat the analyst consensus estimate of 35 cents.
Anastasia Amoroso of iCapital named SPDR EURO STOXX 50 ETF (NYSE:FEZ), saying she likes Europe where growth is rebounding nicely. “I feel like everyone is going Europe this summer,” she added.
Stephen Weiss of Short Hills Capital Partners picked Uber Technologies, Inc. (NYSE:UBER). He still think it can recover, adding that it's a safe stock in a volatile market.
On May 23, Uber announced a new partnership with Lightspeed Commerce Inc. (NYSE:LSPD). The company has announced a new North American partnership to integrate Uber Direct and Uber Eats marketplace into Lightspeed's platform. Lightspeed offers a one-stop commerce platform empowering merchants to provide the best omnichannel experiences.
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Karen Firestone of Aureus Asset Management named S&P Global Inc. (NYSE:SPGI) as her final trade.
On April 25, S&P Global reported quarterly earnings of $4.01 per share which beat the analyst consensus estimate of $3.66 by 9.56%. Quarterly sales came in at $3.49 billion, beating the analyst consensus estimate of $3.42 billion and representing a 10.47% increase year-over-year.
Price Action:
- SPDR EURO STOXX 50 ETF gained 1.8% during Wednesday's session.
- Uber shares rose 5.1% to close at $73.15 on Wednesday.
- S&P Global shares gained 2.7% to settle at $440.25 during Wednesday's session.
- Datadog gained 3.7% to close at $119.11 on Wednesday.
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