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Blockonomi
Cryptocurrency News & Your Guide to the Blockchain Economy
05/07/2026 04:12 PM Shake Shack (SHAK) Stock Plunges Nearly 30% Following Disappointing First Quarter Results
Shake Shack (SHAK) shares collapsed nearly 30% after reporting Q1 2026 results that missed estimates, with negative operating margins and no guidance.
The post Shake Shack (SHAK) Stock Plunges Nearly 30% Following Disappointing First Quarter Results appeared first on Blockonomi.
05/07/2026 04:10 PM Datadog (DDOG) Stock Soars 28% After Crossing $1 Billion Revenue Milestone in Q1
Datadog (DDOG) stock surged 28% after Q1 revenue exceeded $1B, fueled by AI product expansion, robust cash generation, and upgraded full-year guidance.
The post Datadog (DDOG) Stock Soars 28% After Crossing $1 Billion Revenue Milestone in Q1 appeared first on Blockonomi.
05/07/2026 04:06 PM Fastly (FSLY) Stock Plummets 37% Despite Beating Q1 Earnings Expectations
Fastly (FSLY) stock crashed 37% following Q1 results. While earnings beat estimates, AI-driven security revenue growth disappointed high expectations.
The post Fastly (FSLY) Stock Plummets 37% Despite Beating Q1 Earnings Expectations appeared first on Blockonomi.
05/07/2026 04:00 PM DraftKings And Bet365 Wrote The Online Gambling Playbook. ZunaBet Is Writing A New One.
Every industry has a playbook — the set of approaches that the dominant players established, that new entrants copied, and that became the standard against which everything was measured. Online gambling’s playbook was written primarily by two platforms. DraftKings wrote the chapter on how a US sports betting platform should operate — licensed state by [...]
The post DraftKings And Bet365 Wrote The Online Gambling Playbook. ZunaBet Is Writing A New One. appeared first on Blockonomi.
05/07/2026 03:59 PM Rackspace Technology (RXT) Stock Rockets 75% on Strong Q1 Results and AMD AI Deal
Rackspace Technology (RXT) stock soared 75% after beating Q1 revenue estimates, posting positive net income, and announcing an AMD Enterprise AI partnership.
The post Rackspace Technology (RXT) Stock Rockets 75% on Strong Q1 Results and AMD AI Deal appeared first on Blockonomi.
05/07/2026 03:28 PM Kraken Acquires Reap Technologies for $600M to Boost Asia Presence
Kraken parent Payward acquires Reap Technologies for $600M, advancing stablecoin payment infrastructure and Asian market expansion strategy.
The post Kraken Acquires Reap Technologies for $600M to Boost Asia Presence appeared first on Blockonomi.
05/07/2026 02:46 PM Roche Holding AG (RHHBY) Stock Climbs on $750M PathAI Deal to Advance AI-Driven Cancer Diagnostics
Roche (RHHBY) stock rises 1.55% following announcement of PathAI acquisition for $750M, enhancing AI-powered cancer diagnostics and digital pathology capabilities.
The post Roche Holding AG (RHHBY) Stock Climbs on $750M PathAI Deal to Advance AI-Driven Cancer Diagnostics appeared first on Blockonomi.
05/07/2026 02:41 PM Peloton (PTON) Stock Jumps 4% Following Strong Q3 Revenue and Upgraded Outlook
Peloton (PTON) stock jumped 4% after Q3 revenue of $631M topped estimates. EBITDA rose 41% and the company raised its full-year guidance targets.
The post Peloton (PTON) Stock Jumps 4% Following Strong Q3 Revenue and Upgraded Outlook appeared first on Blockonomi.
05/07/2026 02:34 PM Unity Software (U) Stock Surges 6% on Strong Q1 Revenue Performance and Improved Margin Outlook
Unity (U) stock surged 6.4% after Q1 revenue of $508.2M topped estimates. Strategic revenue jumped 35% YoY while EBITDA margins expanded to 27%.
The post Unity Software (U) Stock Surges 6% on Strong Q1 Revenue Performance and Improved Margin Outlook appeared first on Blockonomi.
05/07/2026 02:28 PM GE Aerospace (GE) Stock Down 23%: Why Wall Street Sees a Golden Entry Point
GE Aerospace (GE) stock tumbled 23% after cutting air travel growth forecasts, but strong Q1 margins and a massive backlog have analysts bullish.
The post GE Aerospace (GE) Stock Down 23%: Why Wall Street Sees a Golden Entry Point appeared first on Blockonomi.
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