Alphabet may have strong insight into both company's industries. When Google restructured its business as Alphabet (GOOG 0.72%) (GOOGL 0.83%) it broke out its Other Bets segment from its core Google operations. While many investors are familiar with some of those other bets like Waymo (autonomous vehicles) and Verily (life sciences), the segment also includes a $7 billion investment fund called CapitalG. CapitalG is a venture capital fund focused on growth-stage companies. Not only does it give these compan ...

Including AI capabilities to help organizations better secure their software with vulnerability explanation and remediation Enabling DevSecOps teams to quickly respond and remediate CI failures and code errors with AIpowered root cause analysis Empowering customers to measure the impact and ROI of their AI investments through the AI Impact Dashboard SAN FRANCISCO, May 16, 2024 (GLOBE NEWSWIRE) -- All Remote - GitLab Inc., the most comprehensive AI-powered DevSecOps platform, today announced new innovations ...

Olemedia Since its October 2021 IPO, GitLab (NASDAQ:GTLB), the cloud-based DevOps platform that helps software developers share their code and collaborate on projects, has lost around 47.5% of its value while the S&P 500 has gone up by more than 17% during the same period. Data by YCharts One of the reasons for this underperformance is annual revenues have increased but at a slower pace since 2021, it is loss-making and has been consuming cash in operations. However, progress was made on cash flow gener ...

The most recent trading session ended with GitLab Inc. (GTLB) standing at $53.36, reflecting a +1.7% shift from the previouse trading day's closing. The stock outpaced the S&P 500's daily loss of 0.34%. Meanwhile, the Dow gained 0.23%, and the Nasdaq, a tech-heavy index, lost 0.33%.Prior to today's trading, shares of the company had lost 4.96% over the past month. This has lagged the Computer and Technology sector's loss of 4.23% and the S&P 500's loss of 4.05% in that time.The investment community will be ...

The latest trading session saw GitLab Inc. (GTLB) ending at $56.38, denoting a +0.53% adjustment from its last day's close. The stock outperformed the S&P 500, which registered a daily gain of 0.02%. Elsewhere, the Dow lost 0.11%, while the tech-heavy Nasdaq added 0.1%.The the stock of company has fallen by 5.08% in the past month, leading the Computer and Technology sector's loss of 5.13% and undershooting the S&P 500's loss of 3.01%.Analysts and investors alike will be keeping a close eye on the performan ...

The latest trading session saw GitLab Inc. (GTLB) ending at $52.56, denoting a -1.78% adjustment from its last day's close. The stock fell short of the S&P 500, which registered a loss of 0.22% for the day. Elsewhere, the Dow saw an upswing of 0.06%, while the tech-heavy Nasdaq depreciated by 0.52%.Shares of the company have depreciated by 6.48% over the course of the past month, underperforming the Computer and Technology sector's loss of 1.64% and the S&P 500's loss of 1.66%.Market participants will be cl ...

The most recent trading session ended with GitLab Inc. (GTLB) standing at $57.07, reflecting a -1.79% shift from the previouse trading day's closing. The stock's change was less than the S&P 500's daily loss of 1.46%. Elsewhere, the Dow lost 1.24%, while the tech-heavy Nasdaq lost 1.63%.Shares of the company have appreciated by 6.1% over the course of the past month, outperforming the Computer and Technology sector's gain of 3.33% and the S&P 500's gain of 1.6%.Analysts and investors alike will be keeping a ...

Raymond James upgraded software stock GitLab Inc (NASDAQ:GTLB) to "outperform" from "market perform" this morning, establishing a price target of $70. The analyst in coverage said that based on their analysis, GitLab's growth rate should "approach or exceed 30% year over year" as fiscal year 2025 progresses. This comes just a few days after Wells Fargo initiated coverage on the stock with an "overweight" rating. At last glance, GTLB was up 1.1% at $58.77, earlier as high as $59.87. The $60 level has provide ...

SAN FRANCISCO, April 09, 2024 (GLOBE NEWSWIRE) -- All Remote - GitLab Inc., ​​the most comprehensive AI-powered DevSecOps platform, today announced that it has received the 2024 Google Cloud Technology Partner of the Year Award in the Application Development - DevOps category. This is the fourth consecutive year GitLab has been recognized. GitLab was recognized for its achievements in Application Development - DevOps within the Google Cloud ecosystem. Over the past year, GitLab has expanded its strategic pa ...

Nearly one month off a weaker-than-expected quarterly earnings and revenue outlook for 2025, software giant GitLab (GTLB) is struggling to maintain any fortuitous gains on the charts. The shares are now off more than 10% in 2024 and have pulled back to the $54 for support more than once in the past few weeks. Another trendline is also moving in, however — one with historically bullish implications that could be a saving grace for the underperforming tech name.Per data from Schaeffer’s Senior Quantitative An ...