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Shares in GitLab surged in premarket trading after the software company beat earnings expectations in its fiscal first quarter, provided upbeat guidance, and said customers were looking to its AI-powered platform
The revenue benefit from the Vision Pro headset is likely to be “immaterial” in the short term, says one analyst, and the technology is unlikely to do anything to disrupt the iPhone.
The wireless carrier snags an upgrade, but analysts still see plenty of reasons to be cautious.
Oppenheimer analyst Rupesh Parikh downgraded shares of Estée Lauder to Perform from Outperform.
Piper Sandler downgraded the stock to Neutral on concerns about the sudden deceleration in same-store sales growth.