
GitLab Stock Jumps 20% on Q2 Earnings Beat
GitLab (GTLB) beat Q2 estimates with $286M in revenue and raised its 2027 outlook on record bookings.
Daily Digest
Daily Digest
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Short, sourced summaries of the biggest market stories - what happened, why it matters, the key numbers, and what to watch next

GitLab (GTLB) beat Q2 estimates with $286M in revenue and raised its 2027 outlook on record bookings.
Marvell (MRVL), up 178% this year, drops 7.4% on AI-safety calls even as its AI Infra Summit opens.
Dell (DELL) slides 5.7% to $534.99 as Silver Lake Partners' Form 144 filings spark AI hardware peak-cycle fears.

CrowdStrike (CRWD) hit $237.92 as AI safety fears drove a 6% gain in the cybersecurity sector ETF.

Bitcoin (BTC) held near $78,000 Monday as the Nasdaq fell 1.5%, with Fed rate-hike odds now at 86.5%.
Brent crude (BZ=F) crossed $108 Monday as the IEA cut its 2026 demand forecast by an extra 940 kb/d.
Kroger (KR) gained 2.7% Monday after Q2 EPS of $1.09 beat estimates despite near-flat store sales.

Taiwan Semiconductor (TSM) shed 3.26% Monday; Lutnick's chip-tariff pledge pulled the SOX index down 2.2%.

European gas (TTF) tops €84/MWh — highest since 2022 — as EU storage at 65.4% stokes winter supply fears.

Adobe (ADBE) delivered record $6.76B revenue and AI ARR up 150%, but shares fell on its December CEO handover.

IATA cut 2026 airline profit to $23B on Middle East fuel surge; United Airlines (UAL) faces $6B in overruns.

PayPal (PYPL) trims 251 San Jose workers in its $1.5B cost plan, weeks after a $53B bid fell apart.

Korea sheds 212 trillion won in a month as SK Hynix (000660.KS) drops 6.4% on AI doubts and rate bets.

Brent crude up 13% and CPI at 3.4% drove Treasuries (^TNX) to 4.97%, 3 bps shy of the feared 5% mark.
Japan bond yield (JGB10Y) hit 3%, a 30-year high, as markets price in a BOJ rate hike to 1.25% on Sept 17.
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