For the second-straight year and third time in five years, the Dow, S&P 500, and Nasdaq started off the calendar with quarterly losses. ‘Didn't get off the bus,' is the apt sports colloquial that comes to mind.
DigitalOcean Holdings, Inc. (NYSE: DOCN - Get Free Report) shares hit a new 52-week high during trading on Tuesday. The stock traded as high as $93.31 and last traded at $87.1060, with a volume of 2941599 shares trading hands. The stock had previously closed at $90.01. Analyst Upgrades and Downgrades Several brokerages have recently commented
NEW YORK, April 6, 2026 /PRNewswire/ -- S&P MidCap 400 constituent Casey's General Stores Inc. (NASD: CASY) will replace Hologic Inc. (NASD: HOLX) in the S&P 500, S&P SmallCap 600 constituent DigitalOcean Holdings Inc. (NYSE: DOCN) will replace Casey's General Stores in the S&P MidCap 400, and Broadstone Net Lease Inc. (NYSE: BNL) will replace DigitalOcean Holdings in the S&P SmallCap 600 effective prior to the opening of trading on Thursday, April 9. Affiliates of Blackstone Inc. and TPG Global are acquiring Hologic in a deal expected to be completed on or about April 7.
DigitalOcean (DOCN) maintains a Buy rating with a new $105 price target, driven by a strategic pivot toward usage-based AI inference services. Q4 2025 results validate the thesis: $901M revenue (+15% YoY), $259M net income (29% margin), and $120M AI ARR, 70% from inference and core cloud. Customer retention is exceptional, with 0% churn in million-dollar cohorts and rapid expansion in $500K and $100K tiers, supporting sustainable growth.
DigitalOcean (DOCN) is stepping beyond its core AI infrastructure roots, acquiring Katanemo Labs and its open-source project Plano in a move that could expand i
BROOMFIELD, Colo.--(BUSINESS WIRE)--DigitalOcean (NYSE: DOCN), the Agentic Inference Cloud built for production AI, today announced it has acquired Katanemo Labs, Inc., the models and research company focused on infrastructure for agentic AI, including its open source project, Plano, the data plane software for agentic applications. With Katanemo Labs, DigitalOcean extends its platform beyond inference into the operational layer of agentic systems — enabling developers to build, run, and contin.
DigitalOcean provides cloud and artificial intelligence services to small and medium-sized businesses. Its AI-related revenue soared by an eye-popping 150% last year, fueling an acceleration in overall growth.
BROOMFIELD, Colo.--(BUSINESS WIRE)--DigitalOcean Holdings, Inc. (NYSE: DOCN), the Agentic Inference Cloud built for production AI, announced today the pricing of an upsized underwritten offering (the “Offering”) of 10,389,611 shares of its common stock for total gross proceeds of approximately $800 million. DigitalOcean has granted the underwriters a 30-day option to purchase up to an additional 1,558,441 shares of common stock at the public offering price, less the underwriting discounts and c.
BROOMFIELD, Colo.--(BUSINESS WIRE)--DigitalOcean Holdings, Inc. (NYSE: DOCN), the Agentic Inference Cloud built for production AI, announced today that it has commenced an underwritten public offering of $700,000,000 of its shares of common stock (the “Offering”). Additionally, DigitalOcean intends to grant the underwriters a 30-day option to purchase up to an additional $105,000,000 of shares of common stock from DigitalOcean. The Offering is subject to market and other conditions, and there c.
While Oracle has built a massive backlog, its smaller rival has delivered bigger investor gains. This company trades at an attractive valuation despite strong growth expectations.