• Here's Why Livongo Health Rocketed 49.8% Higher in May
    Motley Fool

    Here's Why Livongo Health Rocketed 49.8% Higher in May

    Shares of Livongo Health (NASDAQ: LVGO), a digital health company, jumped 49.8% in May, according to data from S&P Global Market Intelligence. In the first quarter of 2019, before its initial public offering, Livongo lost an adjusted $0.49 per share.

  • Is It Too Late to Buy Peloton Interactive (PTON)?
    Zacks

    Is It Too Late to Buy Peloton Interactive (PTON)?

    Here are five things about the company that have me excited.

  • Demand for all things stay-at-home may be over: Goldman Sachs
    Yahoo Finance

    Demand for all things stay-at-home may be over: Goldman Sachs

    New data suggests life is getting back to some form of normal after the worst of the COVID-19 pandemic.

  • Datadog (DDOG) Upgraded to Buy: Here's What You Should Know
    Zacks

    Datadog (DDOG) Upgraded to Buy: Here's What You Should Know

    Datadog (DDOG) has been upgraded to a Zacks Rank 2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.

  • Business Wire

    Datadog Is Recognized as a 2020 Gartner Peer Insights Customers’ Choice for IT Infrastructure Monitoring Tools

    Datadog, Inc. (NASDAQ: DDOG), the essential monitoring and security platform for cloud applications, today announced the company has been named a Customers’ Choice in the May 2020 Gartner Peer Insights ‘Voice of the Customer’: IT Infrastructure Monitoring Tools.

  • Peloton's fitness app finally lands on Apple TV
    TechCrunch

    Peloton's fitness app finally lands on Apple TV

    Since announcing in March that they were extending for a short time the free trial of their digital subscription from 30 to 90 days, Peloton has been rolling out more support for TV screens, adding Android TV back in April and announcing today that they've launched an official Apple TV app. Shelter-in-place and the associated shutdowns of gyms across the country have led to a surge in sales of at-home gym equipment that have also benefited Peloton. Peloton's share price has been on a tear since shelter-in-place took hold, nearly doubling in value since early March.

  • GlobeNewswire

    DraftKings Partners With Bay Mills Resort & Casino to Bring Sports Betting to Michigan

    Today, DraftKings Inc. (DKNG) announced it is partnering with Bay Mills Resort & Casino to enter into a new market access deal, subject to the receipt of all applicable licenses and approvals, that will bring the number one-rated mobile sportsbook to sports fans across the state of Michigan. The DraftKings Sportsbook mobile app is currently available in Colorado, Indiana, Iowa, New Jersey, New Hampshire, Pennsylvania and West Virginia. “Through a commitment to provide customers with a premier sports betting experience, DraftKings is happy to partner with Bay Mills Resort & Casino,” said Ezra Kucharz, DraftKings’ Chief Business Officer.

  • Moody's

    Custodial Receipts (Barclays), Custodial Receipts, Series 2020-YX1139 -- Moody's assigns enhanced Aa2 to Custodial Receipts (Barclays), Series 2020-YX1139

    Moody's Investors Service (Moody's) has assigned a Aa2 enhanced rating to Custodial Receipts (Barclays), Custodial Receipts, Series 2020-YX1139 evidencing beneficial ownership of Metropolitan Nashville Airport Authority, Subordinate Airport Revenue Bonds, Series 2019B (AMT) (the Bonds). The JDA rating is based on the long-term Counterparty Risk (CR) Assessment, A1(cr), of Barclays Bank PLC (the Bank) as provider of the Letter of Credit (LOC), the underlying rating of the Bonds, and the structure and legal protections of the transaction which provide for timely payment of debt service to Custody Receipt holders.

  • GlobeNewswire

    Constellation Brands to Report First Quarter Fiscal 2021 Financial Results; Host Conference Call July 1, 2020

    VICTOR, N.Y., June 03, 2020 -- Constellation Brands, Inc. (NYSE: STZ and STZ.B), a leading beverage alcohol company, announced today it will report financial results for its.

  • From politicians and diplomats to Pope Francis and stars of European soccer, global outcry grows over George Floyd’s death
    MarketWatch

    From politicians and diplomats to Pope Francis and stars of European soccer, global outcry grows over George Floyd’s death

    A chorus of global criticism has been ballooning against the U.S. over the death of a black man at the hands of policeman last week, and President Donald Trump’s response to the millions that have taken to the streets to protest there.

  • Barrons.com

    Zoom Shares Rally After an Explosive Quarter. Analysts Struggle to Catch Up.

    “You’d have to go back to the heart of the dot-com boom to see a company beat and raise by as much as Zoom did on Tuesday,” one analyst says.

  • Seth P. Bernstein, President and CEO, to Participate in the Morgan Stanley Virtual US Financials Conference on June 10
    PR Newswire

    Seth P. Bernstein, President and CEO, to Participate in the Morgan Stanley Virtual US Financials Conference on June 10

    AllianceBernstein L.P. ("AB") and AllianceBernstein Holding L.P. ("AB Holding") (NYSE: AB) today announced that Seth P. Bernstein, President and CEO, will participate in the Morgan Stanley Virtual US Financials Conference on Wednesday, June 10, in a session that begins at 10:15 a.m. (EDT) in New York.

  • JPMorgan, Barclays to Pay $20.7M to Settle Bond-Rigging Claims
    Zacks

    JPMorgan, Barclays to Pay $20.7M to Settle Bond-Rigging Claims

    JPMorgan (JPM) and Barclays PLC (BCS) will pay $15 million and $5.7 million, respectively, to settle claims by investors that they tried to rig the Mexican bond market.

  • The Zacks Analyst Blog Highlights: Pfizer, Comcast, salesforce.com, Costco Wholesale and BHP Group
    Zacks

    The Zacks Analyst Blog Highlights: Pfizer, Comcast, salesforce.com, Costco Wholesale and BHP Group

    The Zacks Analyst Blog Highlights: Pfizer, Comcast, salesforce.com, Costco Wholesale and BHP Group

  • Why Datadog Stock Skyrocketed 58% in May
    Motley Fool

    Why Datadog Stock Skyrocketed 58% in May

    Shares of Datadog (NASDAQ: DDOG) rose a stunning 58% in May, according to data from S&P Global Market Intelligence, as the cloud application monitoring company reported blockbuster revenue growth in its first-quarter earnings report. Cloud software stocks have been all the rage over the past few years and especially during the COVID-19 pandemic, as investors anticipate accelerated adoption of these next-generation platforms to enable work, medical care, and education from home. Add Datadog's confirming financial results on top of that, and the powerful combo sent shares vertical during May.

  • Why Cloudflare Stock Jumped 23.4% in May
    Motley Fool

    Why Cloudflare Stock Jumped 23.4% in May

    The web infrastructure and security stock is up roughly 77% year to date, and the company's future looks bright.

  • Why Canopy Growth Is Still a Better Marijuana Stock Than Aurora Cannabis
    Motley Fool

    Why Canopy Growth Is Still a Better Marijuana Stock Than Aurora Cannabis

    Aurora Cannabis (NYSE: ACB) surprised nearly everyone in mid-May with better-than-expected fiscal 2020 third-quarter results. It was a much different story for Canopy Growth (NYSE: CGC) when the company reported its fiscal 2020 fourth-quarter update last week. With the two divergent quarterly updates, is Aurora now the better pick for long-term investors?

  • Peloton Makes Its Fitness App Available On Apple TV After Pandemic Demand Surge
    Benzinga

    Peloton Makes Its Fitness App Available On Apple TV After Pandemic Demand Surge

    Peloton Interactive Inc. (NASDAQ: PTON) has made its fitness app available on Apple Inc.'s (NASDAQ: AAPL) TV devices.What Happened The New York-based company provides video-on-demand fitness services through the app, in addition to selling at-home fitness equipment.Peloton has seen a surge in demand both for its equipment and app during the novel coronavirus (COVID-19) pandemic, as outdoor activities, including gymnasiums, became inaccessible.The fitness app was already available for other Apple platforms, including iPads, iPhones, and Apple Watch.Peloton has rushed to launch new apps that can be accessed on television devices during the pandemic. In April, it launched an app for Alphabet Inc.'s (NASDAQ: GOOGL) (NASDAQ: GOG) Android TV.The fitness app has been available on Amazon.com Inc.'s (NASDAQ: AMZN) Fire TV since December last year.Peloton temporarily offered a 90-day free trial in March, instead of the usual 30-day trial, in an effort to bring more customers on board during the coronavirus-related lockdowns. Membership for the app otherwise costs $12.99 per month.The company reported mixed earnings for the quarter ending in March, but some analysts expect it to continue to grow even as the lockdowns end.Peloton Price Action Peloton shares closed 6.9% higher at $49.01 on Tuesday. The shares traded 0.2% lower in the after-hours session at $48.90.Image Credit: PelotonSee more from Benzinga * Lyft Shares Jump As Company Reports 26% Increase In Rides In May, Upgrades Q2 Expectations * California Class Action Seeks More Than B In Damages From Google For Allegedly Tracking Data In Incognito Mode * Fauci Reiterates Moderna Vaccine Data Is 'Cautiously Optimistic,' Expects Pfizer's Results To Be The Same(C) 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

  • Hedge Funds Aren’t Done Buying Peloton Interactive, Inc. (PTON)
    Insider Monkey

    Hedge Funds Aren’t Done Buying Peloton Interactive, Inc. (PTON)

    In this article we will check out the progression of hedge fund sentiment towards Peloton Interactive, Inc. (NASDAQ:PTON) and determine whether it is a good investment right now. We at Insider Monkey like to examine what billionaires and hedge funds think of a company before spending days of research on it. Given their 2 and […]

  • Peloton's Work Out App Now Available Through Apple TV
    Motley Fool

    Peloton's Work Out App Now Available Through Apple TV

    Peloton is capitalizing on skyrocketing usage during the pandemic, expanding access to its workout app.

  • Top Research Reports for Pfizer, Comcast & salesforce
    Zacks

    Top Research Reports for Pfizer, Comcast & salesforce

    Top Research Reports for Pfizer, Comcast & salesforce

  • How Cameo, Facebook And Peloton Are Embracing Coronavirus Disruption
    Benzinga

    How Cameo, Facebook And Peloton Are Embracing Coronavirus Disruption

    For most companies, the 2020 COVID-19 economic shutdown has been nothing short of disastrous for business. But for a handful of disruptive tech companies, the shutdown has provided an unprecedented opportunity to shine.In DataTrek Research's Tuesday newsletter, co-founder Jessica Rabe discussed a handful of companies that are taking advantage of the shutdown to gain major visibility for their products and services.Cameo And Peloton Go MainstreamCameo was founded only about three years ago, but the company has witnessed a meteoric rise in popularity in recent months.Cameo is a platform on which users can purchase personalized, interactive video messages from celebrities, influencers and athletes. Rabe said Cameo has thrived during the lockdown, transitioning from simply a fun, novel idea to a top-performing app.Cameo has raised more than $65 million in funding, and Rabe even purchased a Cameo video for her own mom for Mother's Day. It's probably no coincidence the company turned its first monthly profit in April, Camero expects to generate more than $100 million in 2020 bookings, and the company keeps 25% of every transaction.The privately-held Cameo may not yet be on investors' radar, but Rabe said 2019 IPO Peloton Interactive Inc (NASDAQ: PTON) has also experienced explosive growth in popularity. With gyms closed and Americans stock at home, Peloton bikes have helped replicate the spin class experience.In May, Peloton set a new record for concurrent streaming viewers of a single live class at more than 23,000. Peloton has also taken advantage of the lack of live sports by partnering with athletes and ESPN to broadcast spin classes with a range of pro athletes. Rabe said the partnership was a win-win for both ESPN and Peloton because it gave ESPN much-needed competitive content to air and Peloton large-scale exposure for its products.Benzinga is covering every angle of how the coronavirus affects the financial world. For daily updates, sign up for our coronavirus newsletter.Facebook Embracing E-CommerceFinally, social media platforms have thrived during the shutdown due to social distancing measures forcing many social interactions online. Platforms have struggled with a sharp drop in advertising revenue, but engagement is up, and Rabe said Facebook, Inc. (NASDAQ: FB) is doing its best to take advantage of the opportunity.Facebook has recently made significant pushes into the e-commerce space, which Rabe said is a sign the social media giant is willing to take on Amazon.com, Inc. (NASDAQ: AMZN) and Walmart Inc (NYSE: WMT) head-on."The company created customizable online storefronts called Shops to make it easier for Facebook and Instagram users to find and buy products from retailers of any size straight from the app," Rabe said.In addition, Facebook is developing a dedicated shopping tab for Instagram."In sum, these are just three of many examples of how COVID sped up the influence of disruptive technology on business models that need to adapt to changing consumer behaviors post-virus," Rabe said.Benzinga's TakeWhile certain tech companies were relatively well-positioned for a shutdown prior to the outbreak, some are also doing a spectacular job of adapting on the fly to make sure they stay ahead of a dynamic economy.Adaptability and disruption have always been hallmarks of the tech industry, and the COVID-19 outbreak has created unique opportunities for tech companies that are willing to embrace the changes.Do you agree with this take? Email feedback@benzinga.com with your thoughts.Latest Ratings for FB DateFirmActionFromTo May 2020StifelMaintainsBuy Apr 2020Canaccord GenuityMaintainsBuy Apr 2020SunTrust Robinson HumphreyMaintainsBuy View More Analyst Ratings for FB View the Latest Analyst RatingsSee more from Benzinga * Q1 13F Roundup: How Buffett, Einhorn, Ackman And Others Adjusted Their Portfolios * TikTok Has Taken Over: Here Are The Big Money Players Behind The Social Media App * Warren Buffett Says There's No Bubble In FANG Stocks, But He's Still Not Buying(C) 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

  • JPMorgan, Barclays settle Mexican bond rigging litigation
    Reuters

    JPMorgan, Barclays settle Mexican bond rigging litigation

    JPMorgan Chase & Co and Barclays Plc will pay $20.7 million to resolve investors' claims they conspired to rig the Mexican government bond market, the first of nine banks in the proposed class-action litigation to settle. In a Monday night filing with the U.S. District Court in Manhattan, lawyers for the investors said the "ice breaker" settlements could be a catalyst for settlements with the other bank defendants. JPMorgan is paying $15 million, and Barclays is paying $5.7 million.