Could the company be growing faster than anticipated?Shares of cloud-computing company DigitalOcean (DOCN 9.81%) jumped on Wednesday, getting a boost from investors extrapolating positive results from Amazon. Moreover, the company is getting some recognition by being added to a prominent stock index. As of 12:10 p.m. ET, DigitalOcean stock was up 8%.Companies are spending on cloud computing againDigitalOcean stock has essentially traded sideways over the past year because its growth is slowing considerably ...

NEW YORK, April 30, 2024 /PRNewswire/ -- DigitalOcean Holdings Inc. (NYSE: DOCN) will replace Agiliti Inc. (NYSE: AGTI) in the S&P SmallCap 600 effective prior to the opening of trading on Tuesday, May 7. Thomas H. Lee Partners L.P. is acquiring Agiliti in a deal expected to be completed on or about that date pending final conditions. Following is a summary of the changes that will take place prior to the open of trading on the effective date: Effective Date Index Name Action Company Name Ticker GIC ...

These stocks have carved new niches in established industries.The Nasdaq may have reached a turning point. In the five trading sessions during the third week in April, the Nasdaq Composite dropped almost 6% and Nvidia fell 14%.The good news is that pullback was more likely a healthy correction than a sign of a permanent decline. That makes more tech stocks a buy. With the lower share prices and many tech stocks showing signs of a resurgence, it may be an excellent time to buy these three stocks.DigitalOcean ...

About this content About Emily Jarvie Emily began her career as a political journalist for Australian Community Media in Hobart, Tasmania. After she relocated to Toronto, Canada, she reported on business, legal, and scientific developments in the emerging psychedelics sector before joining Proactive in 2022. She brings a strong journalism background with her work featured in newspapers, magazines, and digital publications across Australia, Europe, and North America, including The Examiner, The Advocate, ...

Analysts on Wall Street expect robust earnings from this small-cap stock.Fool.com contributor Parkev Tatevosian, using Wall Street analyst estimates, evaluates how high this small-cap stock could rise by the end of the year. *Stock prices used were the afternoon prices of April 12, 2024. The video was published on April 14, 2024. ...

As we venture into the fourth month of 2024, the ongoing stock market rally shows no signs of waning. Consequently, many stock pickings, particularly in the artificial intelligence sector, are becoming pricier to acquire.Nevertheless, given their recent downturns and price reversals in the preceding year, there exists a multitude of options for stock traders that hold the potential for profitable long-term investments. Conducting an analysis encompassing fundamentals, technicals, and past performance, Finbo ...

Tiny cloud infrastructure provider DigitalOcean (DOCN -2.30%) closed out 2023 in a less-than-ideal fashion. Generative artificial intelligence infrastructure is starting to equate to a pickup in cloud computing spending among its tech titan peers, but not so much for DigitalOcean -- at least not yet.You see, the company made an AI start-up purchase of its own last summer, and it has a new CEO at the helm. Is it too late to buy the stock?The plan to accelerate growthDigitalOcean has made a name for itself pr ...

In the latest trading session, DigitalOcean Holdings, Inc. (DOCN) closed at $39.30, marking a -1.33% move from the previous day. The stock trailed the S&P 500, which registered a daily loss of 0.14%. At the same time, the Dow lost 0.77%, and the tech-heavy Nasdaq gained 0.17%.Coming into today, shares of the company had gained 2.23% in the past month. In that same time, the Computer and Technology sector gained 6.81%, while the S&P 500 gained 5.34%.Market participants will be closely following the financial ...

Fool.com contributor Parkev Tatevosian highlights one growth stock that long-term investors can consider adding to their portfolios. *Stock prices used were the afternoon prices of March 19, 2024. The video was published on March 21, 2024. ...

DigitalOcean Holdings, Inc. (DOCN) closed the latest trading day at $39.27, indicating a +0.03% change from the previous session's end. This change lagged the S&P 500's 0.89% gain on the day. At the same time, the Dow added 1.03%, and the tech-heavy Nasdaq gained 1.25%.Coming into today, shares of the company had gained 6.11% in the past month. In that same time, the Computer and Technology sector gained 3.77%, while the S&P 500 gained 3.56%.Investors will be eagerly watching for the performance of DigitalO ...