FSLY News and Press, Fastly Inc. Class A From 05/03/24

2024-05-03 15:38:23 ET Shares of Fastly (NYSE: FSLY) tumbled close to 35% this week, according to data from S&P Global Market Intelligence . The edge cloud computing platform posted more revenue growth in the first quarter of 2024 but can't seem to generate a profit, which i...

2024-05-03 01:05:44 ET Summary Fastly's 1Q24 results and forward guidance have disappointed the market, leading to a 33% decline in the stock price. Market skepticism about Fastly's ability to address operational challenges is warranted, in my view. Despite Fastly trading at a...

2024-05-02 19:05:00 ET Summary Some important data points about CDN pricing, vendor consolidation and market sizing came from Fastly's earnings call and earnings results. In Q1, Network Services comprised 79% of revenue, Security 18%, and Other 2.7%. Pressure on CDN pricing is...

2024-05-02 17:07:56 ET Fastly (NYSE: FSLY) stock cratered in Thursday's trading. The content-delivery-network company's share price closed out the daily session down 32%, according to data from S&P Global Market Intelligence . Fastly published its first-quarter report af...

A look at the top 10 most actives in the United States Jaguar Health Inc. (JAGX) rose 30.3% to $0.2932 on volume of 173,918,707 shares Emergent Biosolutions Inc. (EBS) rose 71.0% to $3.3 on volume of 150,987,238 shares PROSHARES TRUST (SQQQ) fell 3.6% to $11.78 on volume of 136,332,744 sh...

2024-05-02 15:58:11 ET Summary Fastly's stock is down significantly in recent months on the back of deteriorating revenue growth and weak guidance. While market conditions may be softening, it appears that Fastly's problems are in large part due to competition. The scope of Fa...

2024-05-02 15:00:24 ET More on Technology Select Sector XLK Technology SPDR: Headwinds Are Growing XLK And The Return Of Irrational Exuberance XLK: There Is Too Much Risk To Be Buying Now 16 out of 20 information technology stocks deliver EPS wins this week: ...

2024-05-02 14:35:00 ET Summary Barry McCarthy steps down as CEO, president, and board director of Peloton. Q1 nonfarm productivity crept up 0.3% Q/Q; Initial jobless claims steady 208k for the week. Crowd Sentiment Poll ended its third-longest streak of optimism since 1995 - N...

A look at the top 10 most actives in the United States Allarity Therapeutics Inc. (ALLR) rose 97.8% to $2.71 on volume of 44,141,232 shares Faraday Future Intelligent Electric Inc. (FFIE) fell 1.1% to $0.0456 on volume of 28,670,184 shares Emergent Biosolutions Inc. (EBS) rose 67.7% to $3...

2024-05-02 08:33:18 ET More on pre-market losers & stocks. BioAtla, Inc. (BCAB) Q4 2023 Earnings Call Transcript Cyclacel Pharmaceuticals, Inc. (CYCC) Q4 2023 Earnings Call Transcript Cyclacel Pharmaceuticals GAAP EPS of -$6.23 misses by $0.34 Cyclacel Ph...