Crude Oil Falls Sharply; Datadog Shares Spike Higher

Crude Oil Falls Sharply; Datadog Shares Spike Higher

Grand News Network / November 7, 2023 8:15 PM

U.S. stocks traded higher toward the end of trading, with the Nasdaq Composite gaining around 1% on Tuesday

The Dow traded up 0.21% to 34,166.89 while the NASDAQ rose 1.09% to 13,666.65. The S&P 500 also rose, gaining, 0.41% to 4,383.80.

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Leading and Lagging Sectors


Information technology shares jumped by 1.2% on Tuesday.

In trading on Tuesday, energy shares fell by 2.2%.


Top Headline


Uber Technologies, Inc (NYSE: UBER) reported an increase in sales for the third quarter.

The company’s third-quarter revenue increased 11% year-over-year to $9.29 billion, missing the consensus of $9.52 billion. Uber's GAAP EPS of $0.10 missed the consensus of $0.12.


Equities Trading UP


TransMedics Group, Inc. (NASDAQ: TMDX) shares shot up 54% to $61.95 after the company reported better-than-expected third-quarter sales results and issued strong FY23 revenue guidance.

Shares of Senti Biosciences, Inc. (NASDAQ: SNTI) got a boost, shooting 87% to $0.5462 after the company reported a new strategic collaboration with Celest Therapeutics for the clinical development of SENTI-301A in China.

Datadog, Inc. (NASDAQ: DDOG) shares were also ...

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